The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-06-16
ANOTHER RECORD WEEK OF BIG STRIKES
FLORENCE.

1
The station at the 350-foot level has
been cut and erosseutting to the vein
will be started on Monday where rich
ore is looked for, and also a good sized
flow of water, but Superintendent Oil
yer has made ample preparations Tor
10th. Ore is now being broken IN
only one level. A large tonnage ~
ready for hosting at the different lev
els and commencing with the first of
July the mine will become one 'of tlo,
heaviest shippers in the camp. Work
on the new ore house is being pushed.
The mine is in excellent shape with
large ore reserves and could enter tho
dividend list at any time the directors ;
wished, but it is a close corporation,
a few men holding the entire stock OF
the company. Favorable indications
of shipping ore is reported from near
ly all of the lessees working on tho
outside virgin ground and the show
ing in the Reilly lease on the north :
east end of the Florence is immense. :
At the 100 or bottom level in the cross
cut 4 feet of solid quartz has been
entered that without any sorting as
says $50 ton. In the upper work
ings on this lease the ore was irregular
and had to be carefully sorted to bring
it above the 500 mark. new gaso-
line hoist will be ready for work On
the lease early next week.
EsMERALDA PLACER
w. II. Webber was up from Tnia
canyon this week and reports things
booming in that section. A number OF
good sales have been put through re
Gently and many more are pending.
Scores of mining men, prospectors ar.a
investors are coming in every week
and new strikes are becoming so corn
mon that they create only mild in
terest. A new townsite will be laid
off in the near future and already an
application for a new postofice has
been forwarded to Washington. The
showing on the Esmeralda Placer ~
excellent. For the past ten days a
force of miners have been engaged Ia
prospecting the ground at different
places and pay dirt was found where
ever shafts were sunk. The last two
shafts sunk show thick layers of gravel
that will average $40 yard, and soIae
portions of the pay dirt will run -
high as 5000. This is on virgin ground
and the outlook is most promising
Men have. also been at work to- deter
mine the quantity of water availabie
DEVELOPMENT work at the Red DOG IS
being pushed and the results have beef
very satisfactory, and go to prove the.
; property to be a very valuable mine,
. Mr.. Webber returned to the canyon to
: day and expects to increase his work
; ing force many times in the near fu'
, ture.
; G.. o. D. SOLD.
, One of the best sales made in the
district for some time past was con
; snmmated on Thursday when $62,oo
. was paid to Frank M. Ish, l.. l.. Pat
rick, r. D. Murphy, A. ID. Myers and
; Milton NJ. Detch for 100000 shares OF
the capital stock of the G. o. d. Min
iag colnpany. The deal was put
.. through by Fred f. Browne, who rep
, resen,cd eastern investors in the trans
rrt;ou. The company is capitalized at
Unl. 800 s:,::,cs 81 81 each, and there
; : s,O1W shares Of treasury stock.
. The ria.pai 'nr rJr:..i:,"rs pcver sold
any of the 1reasury stuck. The com
; panv own the zoe, G..''.en Eagle and
G. .. ID. lodes, in all about 90 acres,
The property is situated little over
! mile east of town and Is strictly IN
side the mineral belt. Very little de
yelopment work has been done on the
ground. The surface showing - good
and there is little question but that
with the. right kind of worh pay ORE
will be found, and it is understood that
the new owners will comInepee pros
pecting the ground with Il good sized
force OF miners at work.
eo1Dr1E1D LONE srAR.
The Patrick and Miles lease'on block
l of the Tone Star lode is in great ore
at the $50 foot level. drift is now
being extended on the SHOOT which
varies in; width from IS inches to ,
feet and about ten tons of fore that
assays from $3.50 to $500 is piled up
and ready for shipment. The pre- shooe
or this block of ground has been con
tinuous from the surface aIa up 70
date there has been shipped from u
about $4,000 worth of orc.t In the
upper letels the ore shoot Vas short
but the indications in the bottom arc
, that it hill lengthen out. On bloch
. No. 2 on the same calm the Ogden
Leasing company is getting assays