The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-12-01

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company. The acreage Is located about
four miles south of Goldfeld.
SADDLE ROCK OPERATIONS
Fisher and Colburn, leasing on the
Saddle Rock, are engaged in lowering
their shaft to the 100-foot point from
which depth a erosscut will be run out
to the ledge. AT surface gold values
of nearly 5000 per ton were obtained
and the operators believe that these
values will be found in place at the
depth referred to-.
GENTRY LEASE ON BOOTH CLAIM
At the Gentry and Green suitcase
on the Booth claim on the east slope III
Columbia mountain a shaft is being
sunk on a lead which at surface re-
turned assays of so per ton. Within
10 feet from the surface values have
increased to $22, and at the 2O-foot
point are holding well. The ledge Is TO
he followed to the 100-foot point when
it is to be proved up.
EXPLORING TRIANGLE VEIN
After less than % feet Of sinking IN
1s-inch stringer has been cut in the
shaft on the January Jones lease on
the Triangle claim, but as yet little
in the way of values has developed.
The vein matter shows a disposition to
harden, however, and it is expected
that further exploration at greater
depth will result in the finding of pay
grade.
BEE FRACTION LEASE
The work of sinking a shaft from
surface to a depth of 100 feet has been
- l.. -r .-1 nnaAatotn- |
leasing on the Bee Fraction of the
estate. No attempt is to be made to
that point is reached when a crosscut
will be run to the east with the object
of tapping the Jumbo lead which IS
thought to pass through Bee territory.
The present depth of the shaft is 80
feet.
GOLDFIELD NOBLE VEIN
In running a drift west from the
main drift at the 50-foot level of the
Goldfeld Noble company's shaft south
east of Dl~amondfeld, a 4-foot vein of
mineralized quartz CARRYING some iron
has been disclosed. The find was made
a few days ago and assays denote the
presence of low grade but steady gold
values. The ledge is now being ex-
plored for the purpose of determining
it's strike with the view of sinking d
shaft from surface.
LUCKY STRIKE SINKING
The work of lowering the shaft ON
the Lucky Strike claim near Diamond
field, from its present depth of 76 feet
to the 100-foot point is progressing
~favorably and when the result is ac-
eonplished crosscuts are to be run out
to the ledge and drifts extended along
it's strike for the purpose of locating
an ore shoot of merit. If efforts are
fruitiess at that depth the shaft is to
be lowered an additional 100 feet and
the same method of exploration pur-
sued. Gold values have been secured
at surface as high as $27 per ton and il
is thought thew can be located in place
within 200 feet of depth.
ovERrIELD COMPANY SINKING
Excellent progress is being made by
the contractors who about two weeks
ago began the work of sinking the
shaft on the Overfeld-G oldfeld Mining
company's acreage to a depth of 80
feet. A number of leads have been
disclosed at surface from which some
very favorable paintings have been Sc
cured and at the 50-foot point the
ground is to be explored through the
medium of crosscuts and drifts. This
it is believed will result in the finding
of large bodies of mill ore and if the
deduction prove true a plant is to be
erected at the mine for its treatment.
The claims are located about seven
miles east of this city.
DRIFTING ON WEDGE VEIN
Ore of good milling grade is being
mined in the Wedge claim of the San1-
storm Extension Mining company an |
values are steadily increasing as de-
velopment continues. The shaft is
down a depth of 70 feet and from it's
bottom a crosscut has been extended a
distance of S5 feet west at which point
the ledge was encountered. A drift has
been run along its trend for a short
distance which is demonstrating that
the vein is standing up well and is
clearly defined. A crosscut is being run
out to the east for the purpose of gain
ing contact with a ledge that outcrops
a short distance from the shaft, with
the expectation of finding pay values
at the S5-foot point. The acreage adj
joins that of the Sandstone company
on the south and is thought to con
tain the same vein system.
MCMAHON co. WILL DEVELOP
Plans nave been formulated by the
Mcmahon Gold Mining company to at
once prospect and prove up a part of
their 100 acres of mineral ground To-
Gated in the Diamondfeld section. A
portion of the holdings are located
near the Brooklyn and the remainder in
the vicinity of the Jumbo Extension
~company's estate. Surface exploration
is now on and has resulted in the find
ing of a number of promising appear
ing veins. On the Sunlight claim, lying
between the Jumbo Extension and
Golane. Diamond companies holdings,
a loot ledge has been opened up by