The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-06-23
J. DOMAIN REAVIS.
Visits Goldfeld and Becomes an En-
thusiastic Booster.

biNSAdstAS iONS~
! Doanan Reavis, president Of the
Lacle~ie brokerage Go. of Los Angeles
and vice president of the Los Angeles
Western Mining Stock Exchange, is
listing Goidfeld for the purpose OF
mailing a report on conditions as they
exist here to the Mining Exchange af
Los Angeles. Mr.. Reavis came IN VIA
Conooah and while there visited the
Dig producers of the camp. His opln-
ION of Tonopah is that it is destined to
become one of the greatest producing
amps ia the world. Mr.. Reavis states
that instead Of the riches of the lat
ter camp being overstated, that all es-
Inmates made so far of the ore actually
blocked out are under rather than over
the actual amount in sight
Mr.. Rcavis arrived in Goldtield in
n an optimistic frame Of mind rs the
'esult of what he saw in Tonopah, and
instead Of being disappointed hy a
comparison between the mines of this
amp and the latter, he states that
hat he has seer here is ven more
J,rprising han iii the Older and better
lcrelooed neightor of Tonopah. In
act, Goldfcld, in the estimation OF
Mr.. Reavis, is one Of the marveis of
he world, wherein in the remarkably
hort space of time that has elapsed
,ihrc i,s discovery, Tremendous pro
.ress has been made both in the devel-
,pment of the mines and the building
If the city. Continuing his resume on
he situation in Goldfeld, Mr.. Reavis
aid: at would pay any man with
money seeking a profitable field for in
yestment to make the trip into this
amp or send his representative in
1ere ~ at a high rate Of compensa-
ion. The gold bearing lodes will
stand any test, and it but lies in devel-
,pment to extend the proven ore zones.
The most striking indication Of the
p~raetieahiiity of mining and reducing
the ores at a profit is furnished by the
Combination mine and mill. Here We
and a property milling only IS tons
laily and shipping but 100 tons per
month, actually paying 20 per cent di-
yidends monthly IN a capital stock of
100000. This is one of the most re-
narkabls achievements in mining his
tory, and the fact that over 80 per
cent of the values in the ore are saved
by the mill, furnishes ample proof that
the Golafieid ore is ~ayncnahle to mill
treatment II is hard TO believe, bat
nevertheless true, that the Combination
mine has never shipped a ton of. ore
running under 5000, and it is likewise
surprising TO recount the shipments
that have been made RAINING up to
5000. To the average person living
out Of the amp these statements made
by W. a face to face observer are
actually startling and ] do not blame
the outside public for taking such a
story with Il grain of salt. But to the
truth of the above 7 can testify, for
! have come, seen and been convinced
Of the truthfuiness Of the foregoing
statements. .
But the Combination mine is but
ono u the great properties of, the
camp, and the reason why it is taken
as q paragon, is because of the fact
it is developed to a greater extent
than any other mine in the camp, and
is the only n possessing an ibdivi6-
ual reduction plant. Furthermore, IT
is n of the rich properties, which
escaped connection with a leasing con
tract, and in which the golden values
deposited by nature are being used for
the use and benefit of the stockholders
rather than the leaser. The Jumbo,
which is a neighbor of the Combine
ton will undoubtedly upon develop
ment prove to be another big producer.
This mine undoubtedly is one of the
richest properties in the world, and
like the Goldfeld Mining Co., which is
in the same class, will yield enormous
returns to its stockholders in the near
future. .,:
In the same class as the above the
Red TOP, Florence, st. Ives and Sand
storm, which need only development
work and a means for treating the low
er grade ores 10 make them big divi-
dend payers In fact, every piece of
ground In the proven area Of the camp
has everything in it's favor for the
making Of a mine, and many investors
who are worrying over the slowness
with which returns come will be re-
arded for their patience in the future