The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-04-21
BULLFROC AND BEATTY.
Budget Of Live News From Two
Great Camps.

Great lamps.
The big strike in the Montgomery
Shoshone mines company's property
continues to be the reigning sensation.
An offer was made today OF $4,000
per day for lease, and % per cent roy
atty in addition on the net production,
to mine the ledge that is now opened up
! in the tunnel on the Shoshone group OF
claims on Montgomery mountain.
The offer was accompanied by GER
titled check for 100000 as forfeiture
money. f. A. Montgomery and NAL
colin Macdonald, the owners, without
any hesitation, refused to approve the
proposition.
| The development work on the property
consists of tunnel run in the side of
the mountain q distance of l4O feet. The
tunnel disclosed the vein for a distance
OF 60 feet, and it does not yet reach the
/ foot wall. \ drift from the tunnel of
20 feet has been cut, and here an up
raise has been started to the surface for
air, with every indication that the phe-
nomenally rich ore, averaging over
81 600 per ton, extends for an unknown
distance.
On the Polaris group of claims, ad-
| joining the Shoshone group, on Mont
gomery mountain, ore is now being
sacked and a shipment will be made
within the next fortnight. Ore that
does not assay over $500 per ton is being
thrown over the dumps. Malcolm Mac
donald and E. a. Montgomery are the
principal owners of the Polaris group,
which they purchased within few days
after the big strike on the ShOshOne.
Work has only just begun on the south
half of the mountain, recently purchased
by d. ii. Peery of Salt Lake City, for
the Montgomery Mountain Mining COM
pany, and $500 ore has been uncovered
at a depth OF 6 feet. The enormous
ledge uncovered by the tunnel at the
Shoshone end of the mountain has been
found in place on the Peery end.
Mr.. Peerv was among the first to
learn of the big strike on the ShoshOne
some weeks ago. He jumped into the
district and without ado purchased the
south end of the mountain at figure
that was considered at that moment fab
ulous by the uniformed, but has since
proved to be one of the greatest bargains
that has been picked up in the state.
Three distinct offers have been made by
Goldtield mining men for the south end
( of the mountain, but he could reaiize
from $500, 900 to 100000 cash profit on
his purchase, were he inclined to sell.
1t is understood that Mccormick x Co.,
bankers, and Robert Walker, banker,
both of Salt Lake City, are interested
with Mr.. Peerv.
The officers and directors of the Mont
gomerv Mountain Mining company are:
d. II. Peery, banker and broker, Salt
Lake City, president; Hon. John Sparks,
governor of Nevada, ce-president; E.
II. Mead, mining man of Salt Lake City,
secretary; c. K. Mccormick, banker,
Salt Lake City; ID. E. Burley, general
passenger agent Oregon Short Line, Salt
Lake City; f. f. Edmunds of GOldtield.
A group of claims that have their end
lines at the foot of Montgomery noun
tain, on which is situated the famous
Bullfrog National Bank property, has
been incorporated under the name of the
Shoshone National Bank Mining COM
pany. 1t is understood that Malcolm
Macdonald, the noted consulting engi-
neer of the Montana TonOpah mine, and
quarter owner of the Montgomery Sho-'
SnOne. Will De one u luc uIcClOTS vi
this company and one of its consulting
engineers. Development work will COM
mence at once. These claims are on the
fiat between the two mountains, and
are on the southerly strike of the great
ledge ON Montgomery mountain, and
also in direct line of the great National
Bank ledge on Ladd mountain. One of
these claims, the Red Dog, adjoins the
Clipper on Montgomery mountain, and
is within 900 feet of the Shoshone. An
other, the Chance, adjoins the Black
Bull claim on the south end of Mont
gomery mountain, belonging to the
Montgomery Mountain Mining com
pany, and on this there is a well defined
cross ledge Is feet wide. Adjoining the
Chance claim is the Crystal claim, re-
Gently purchased by John Mckane for
Chas. NJ. Schwab.
The officers and directors OF the Sho-
shone-National Bank company are; B. J.
Reilly, the lucky leaser of Goldfeld,
president; w. A. Thatcher, mining en-
gineer, formerly manager of the Bonanza
mine at Baker City, Ore, vice president;
q. G.. Rice, secretary; John S. Cook,
treasurer; c. H. Elliott, A. G. Cushman,
j. F. Mitchell, r. I. Zaspel and f.
Marks.