Los Angeles herald., 1905-01-16

producer, and shipments Of ore rang
Ing from $3.50 to thousands Of dollars a
ton have been the rule, until $50O,0O0
worth of ore has been reduced in the
mills and the smelters and over $780,
600 worth Of ore assaying from $40 to
$240 a ton is now on the dumps await
Ing the completion Of the companys
mill, when that, too, will be converted
into bullion. The main shaft on this
property is down a depth of over 3i5
feet, and the lowest workings are on
the 2sO-foot level, where a sulphide ore
showing gray copper is encountered,
which goes $500 ton. This is below
the water level.
The Tonopah and Goldheld mining
district continues to furnish most of
the interest in Nevada. The marvellous
values shipped out from the Goldfeld
mines are attracting so much interest
that they completely overshadow for
the time the various mining operations
that are now under way in other por-
tions of the state. Ores running $500
to 5000 a ton seem to invite no special
comment, especially when we note
that about fifteen tons of ore were re-
Gently crushed which yielded bars Of
bullion worth about $4,000, or, say
$4,000 a ton.-Nevada state Journal
Information, comes to the Reno Ca
zette from Tonopah of one of the most
important strikes ever made in the
Diamondfheld district. The find was
made on the Quartzite Fraction, and
Jkhe ledge uncovered is twenty-four
feet in width and carries gold values
running $40O to the ton in sylvanite
ore. The strike was made on the 100
foot level of the mine, and is regarded
as the biggest thing ever discoverd
in that district. The mine is owned by
Jack Davis and the find was made by
Reilly and Poak.
Lucky Owners Prosper
Announcement is made that the CON
troll of the Lucky Tiger mine, rich
property owned by the Lucky Tiger
Mining company, has passed from the
hands of Bisbee and Douglas people
into the hands of Kansas City capital
lists. The Lucky Tiger is we'll known
property, says The Miner and is con-
ceded to be a good proposition. That
it will become big producer no one
doubts, and the Kansas City people
have shown good judgment in select
ing it as a desirable investment. The
Kansas City people recently visited
the mine, and it was after making a
thorough inspection that they de-
cided they wanted 1t and were willing
to pay good price for it.
President B. F. Graham, of the CONF
pany, states that the new concen-
trating mill will be ready to begin work
by January 10, unless some unforeseen
thing occurs.
A carload of ore from this property
is now en- route to Ell Paso. -Four cars
a month are being regularly shipped
and runs about $500 to the car. These
shipments began soon after the COM
pany bought the property and began
work in the spring of 1908. In the de-
velopment the high grade ore is
shipped, while the lower grade has been
held at the mine awaiting the mill
which is now about completed. The
mill is concentrating proposition and
has capacity of so tons daily.
Black Warrior Prospects
Information from Globe, Arizona, is
to the effect that plan to reorganize
the Black Warrior company, amalga-
mated which is tied UP by court pro-
ceedings, is being considered. The
committee of the stockholders consist
ing of Albert La Rue, Spencer D.
Wright and Henry S. Hopper, has sub
mitted an exhaustive report recon-
mending reorganization under the
name of the Warrior Copper company
The capitalization recommended IS
$1,600,000 (present capitalization is
81, 500, ,000) divided into $4,000 shares of
common stock at $40 per share; $1,000
shares at per cent cumulative pre-
ferred stock at $40 per share. 1t is
proposed to give new company the
right to issue $15O,OOO worth of per
cent bonds provided that they can not
foreclose under three years in order to
give the company opportunity to de-
velop the property. Details of the dis
tribution of stock to the members of tho
old company are also recommended.
General Arizona News
James Grogan of Prescott, who is in
stalling the machinery for the White
Gold Mining company in Southern
Yavapai county, says he has been in
Tonopah and other much talked of min
eral fields. and nowhere has he seen
SO fine showing of rich ore as is ex-
posed in the properties of the White
Gold Mining company. The ledge Is .
true fissure vein, is four feet wide, free
milling, and carries high values in gold
and silver. The company has about
sixty men employed.
The new Mitchell economic smelter
of the George A. Treadwell company
at Mayer, Arizona, which has been in
course of construction for several
l. In