The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-21


Owing to the policy of the Combination
management in refusing to give out any
information regarding its affairs, it is
impossible to give exact figures regard
ing the value of the ore, but it is known
definitely that large fortune was taken
out of small piece of ground. The
strike will probably prove second to
none ever made at Goldfeld.
The Atlantic Mines Company
This company, owning a large acreage
adjoining the Jumbo and st. Ives, was
organized about one month ago by
Messrs. Weber & Ish and associates. At
the time of organization the manage
ment decided to divide the holdings of
the company into blocks of ground LOOK
600 feet, and to lease each alternate
block to reliable and competent men.
The object of this policy was to thor
oughly and Systematically explore the
territory owned by the company, and
the wisdom of it is demonstrated by late
developments. There are now Is leasers
at work and on no block OF ground is
there less than men. Block Is has the
record of the first lease to report ship
ping ore. A few days ago at a depth Of
only 20 feet, a strong and well defined
ledge showing feet of splendid quartz,
was encountered. The few tests made
show the ore to be of excellent quality
aud paintings from the rock show free
gold.
Favorable and encouraging reports
come from other leasers and general
conditions are reported as good.
Mr.. P. J. Lynch, who succeeded Mr..
Marshall d. Draper as the mining super
intendent OF Weber & Ish has been
placed in direct charge of the property.
Mr.. Lynch is a well-known mining
superintendent of Cripple Creek, and is
the man who first discovered ore on the
Gold Coin property at Victor. He had
charge of this mine for the Woods In
vestment company from it's earliest his
tory as ''grass root prospect until long
after it was paying regular dividends.
He has spent some time in Gofdheid and
is an enthusiast on the district and es-
pecially Atlanta. He says there are
four strong lodges ON the property and
development is all that is needed to
make the property regular shipper.
Mr.. Lynch is now deciding on favora-
BILE location for working shaft to be
put down by the company. He pro-
poses to sink vertical shaft to depth
of $50 feet before crosscutting and this
work will be commenced Immediately.
Mr.. Henry Weber leaves today for San
Francisco to order complete equip
ment OF machinery of the latest and
most improved pattern which will be
shipped without delay and installed at
the new shaft.
The Sassy Sal in Ore.
The Sassy Sal claim, owned by COM
pany of same name recently organized
by Jones & Borlini, is surprising even
the fondest hopes of the owners and
from present indications will soon be
added to the list OF the shipping mines
of Goldfeld. A working shaft is being
put down on the ledge and the manage
ment will go so feet for the first level.
The shaft yesterday was ID feet deep
and the entire bottom was ore that as
SAYS we'll and show gold in every pan of
rock taken.
1t is a close corporation, none of the
stock having been placed on the market,
ury to provide for necessary develop
ment work.
The Quartzite.
Mr.. Campbell, the manager OF the
Quartzite mine, states that a steady pro-
duction of % tons daily is being main
tanned at the mine, all OF which is high
grade shipping ore. Work has not COM
menced on the new shaft, but will be
started very soon. Owing to the eX
treme dip of the vein, it is not consid
cred advisable to 60 deeper in the pres
ent work shaft. The mine is looking
well and the ore body in the 200 foot
level is as strong as ever.
Simmerone Fraction.
On the Smmerone Fraction the man
agement has been making connections
between the two shafts at depth of 10
feet. A few days ago the vein was en-
countered and there is two feet of ship
ping ore exposed. The drift will be
cOnI1nQeu IOT luTtHcI ulSIdIlCc VI 80
feet, when connections will be COM
pleted. The vein found is the extern
sion of the Simmerone vein and although
no assays have yet been made and not
enough work done to fully determine
the Importance of the: discovery, the
management is satisfied that the ore is
of a shipping quality and fully equal to
that found in the upper workings.
Black Rock.
Black Rock has been in active demand
on the San Francisco exchange. With
in the past week over 100000 shares
have changed hands at sc and over. A
short time ago $4,000 shares OF treasury
stock was sold and the proceeds are be-
ing used for development work. This
stock was originally sold in Goldfeld as
low as lc per share.
Strike at Gold Crater.
On Ridge Il Curtis Like Like claim at
Gold Crater, good strike was recently
made. At depth of 60 feet body OF
ore So feet wide averages $l0S in gold
and 81 cents silver per ton. 4 shipment
L