The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-08-18

THE PIUTE.

Development of the Piute claim ioca-
ted southeast of the Windsor group, is
being prosecuted through the medium
to a depth of 30 feet. Manager J. A.
Hassell intends to continue sinking un-
Til the 50-foot point is reached when he
will drift for the ore body which dip
ped out of the shaft at a depth of 81
feet. He expects to open up a large
body of rich free milling sulphide
quartz in the 50-foot level.
The shaft was Junk on an outcrop
and at a depth OF S feet the apex of
the vein extending through the Alva-
RADIO claim was encountered, its trend
being Dortheasterly. The vein gradu-
ally dipped out of the shaft. but at a
depth of 81 feet joined with the
Moose vein which has "A trend to the
southeast. Here good grade values were
obtained. The latter vein is composed
of a blue quartz, showing dourine and
carrying sulphides. On either side
there is a 6 inch streak of hematite of
iron which pans well. Mr.. Hassell be-
%lieves he will have shipping ore in the
drift to be run at the 50-foot point,
but if not successful will run another
SO feet and again cut to the ore body.
o0LDFIEID DIFFER.
The shaft on the property Of the
tGoldfeld Dipper Mining company has
been sunk to a depth of 90 feet and is
now coming into a blue sulphide quartz
having the same general characteristic
of that showing in the Quartzite claim
of the Diamondfeld Mining company.
The territory was first exploited by
sinking a shaft further down the hill
and n good lead was opened up. At a
depth of ~ feet, however, the water
level was reached, forcing an abandon
ment of operations at that point. The
water now stands 3S feet in the shaft.
The shaft at present being worked has
been sunk on the same lead and is to
be continued down to the 100 foot
point, unless water prevents. From
surface down tire management has new
er received n blank assay, although AS
yet no ore in shipping quantities has
been encountered. From top to bot
tom the shaft has been cribbed with
three and four inch stuff ana today the
work of timbering WAS started. 1t is
the purpose of the company TO install
a plant Of machinery when the l00-foot
point is reached.
NEUTRALITY-SUSPICIOUS.
The San Francisco morning papers Of
Wednesday last published dispatches
under a New York date announcing the
sale in that, city of the celebrated
Montgome -sheshone mine at Sullfrog
to a syndicate of American and Eng
lish capitalists headed by Chas. Schwab
and the ~Guggenheims. the purchase
price being placed at $4,000, 900. No
confirmation of the report has as yet
been received in this city and the opin-
ion in local mining circles is at vari-
ance regarding the truth or falsity of
the story. Some are inclined to believe
that the deal has been made, while
others are skeptical in relation thereto.
Donald ellis, Of Tonopah, who is close
ly allied with Malcolm Macdonald, one
of the heaviest owners in the property,
passed through here Wednesday en-
route to Bullfrog, but had no informa-
tion to impart regarding the transfer
of the mine. 1t is understood that Mr..
Macdonald is now on his way here from
Chicago and it is expected that he will
reach Goldfield Sunday, at which time
reliable information regarding the deal
viii be forthcoming.