The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-12-29

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Strikes Of recent date on acreage al
joining the Florence estate together
with the find Of high grade made last
week on the c~ornishman IS lending al
ditional interest to development in that
section and at no point is activity more
narked than on the various claims
owned by the Florence company. New
operators are constantly joining the al
ready crowded ranks of lessees and a
long list of applications is on file in
the company office. All sorts of me-
chanical devices for hosting are being
utilized, including the somewhat print
tive but muscle making windlass, and
the modern electric motor. Excellent
values are being obtained on a number
of the blocks and ON all of them the
chances favor the locating of pay ore
with depth.
No section of the acreage is being
more advantageously worked or with
greater prospect for success than thst
portion of the Florence claim under
lease to the Nevada Leasing company.
The shaft has been lowered to a depth
Of 100 feet and the contractors are
now engaged in sinking to the 2oo-foot
point. At a depth of 80 feet deisite, 6
substance resembling ~porphyry, was en-
countered, and since then the formation
is becoming harder and is getting into
~sulphides- The presence of deisite is
considered a decidedly promising indi-
cation as whenever it appeared in the
workings Of the former Reilly lease
high grade values prevailed. The rock
pans fairly well and returns assay
values of So in gold to the ton. The
management is of the belief that the
rich lead from which Reilly mined his
wealth Of golden reasure has its strike
through their holding and at the 200
foot level crosscuts are to be run out
and the vein explored for an ore shoot.
The block is located near the one
formerly worked by Reilly and is not
far distant from the -.eer and Pugh
lease ON the Cornishman where a strike
of high grade was made last week.
The operators of the Colburn lease
a. <ho Co~r;sh.nar oro pr<k;rr forth
every effort to gain a depth of 200 feet
before the first of the year, and judg-
ing from the rate the shaft is being
lowered they will be successful. When
the result is accomplished crosscuss
will be extended to the ledge and its
strike explored by medium of a drift.
Assays secured in the upper levels in
siicate that pay values will be found
with depth and the ~lessees think they
viii strike them at the 200-foot point.
Michigan and associates, leasing OIL
the Red King, are preparing to install
a gasoline hoist of Is horse power and
this is to be followed by the inclinihg
of the shaft from its collar to the bot
tom of the winze now being sunk on
the ledge at a point s fet in from the
100 level of the former. The winze IS
down about 10 feet in a 5-foot vein
containing s21a feet of ore of an aver
age value of about $52 per ton.
Charles Sprague of Colorado Springs,
a prominent newspaper man and poll
tician of Colorado, and Ernest Smith
have purchased a half interest in the
Lees lease on the freight and plans
are being made to prove up the holding
at depth. To facilitate operations u
within has been installed. A shaft has
been sunk to a depth of so feet and
with the advent of new capital is to be
to the 100-foot point when
will be run out to the ledge
showing in the upper levels. Where
opened above this vein is strong and
contains fair grade values which leads
to the belief that when tapped and
on at an additional depth Of 80
feet pay ore in shipping bulk will be
found.
Stewart, Sheridan and Hage have
purchased a controlling interest in the
w. B. Colburn lease on the Cornishmau
and have started in on a systematic AMI
extensive course Of development. At a
depth of 200 feet crosscuts have been
started both east and west with the
object of gaining contact with the
lodges dipping into the upper workings.
Where cut above the lodges contain
very encouraging values and it is un-
derstood that they are to be explored
extensively at the same time that op-
erations are in vogue at the lower
point.
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