Los Angeles herald., 1905-06-05

Ou lHe Mluuie uDd, near SWeetIand,
and owned by Henry Daniels of Grass
Valley, Mrs. Crane of North San Juan
and Orlando Phippin of Forest City
have been sold to group of eastern
capitalists. The price paid has not been
made public. The deal was pending
several months.
News From Goldfeld
After shutdown of several months
work has been resumed on the great
Jumbo mine of Goldfe1d. In the
opinion of accepted mining authorities
the Jumbo has $2,00OOOO worth of high
grade ore blocked out underground.
The Jumbo has shipped upward of ST.
100000 worth of ore during the first
year Of its development, and is ex-
pected to prove the second greatest
shipper Of the Goldfield district for 1906
A strike is reported on the Schwab-
McKane property in the Bulfrog dis
trict, known as the Crystal Mining
company, that adjoins the shoshone
National bank property, a few hundred
feet distant from Montgomery noun
tain. 1t is believed that the famous
Shoshone vein which penetrates Mont
the property of the Schwab- b-McKana
syndicate and that of the Shoshone
National Bank Mining company.
| Another sensational strike is reported
tho afN ha D,,11
tional Bank Mining company, which is
situated on the north half of Ladd
mountain, near Rhyolite. Sol Camp,
superintendent of the Montgomery
Mountain Mining company, picked a
sample of ore from the bottom of the
new, or second shaft of the Bullfrog
National Bank, at a depth of twenty
five feet, which was assayed by N. NJ.
Simons of Rhyolite and gave returns
as follows: Silver, 103 ounces; gold, 247
ounces. Total value, $4,000 per ton.
This shaft is 100 feet from the original
shaft, that is down 1O4 feet, and is ap-
ing that the vein is at least 100 feet
wide.
The Florence shipped seventy tons of
high grade ore to the New Western
Reduction works last week 1t is
given out that this ore will average
$400 a ton. The Riley lease on the
north end of the Florence is yielding
the lessees a large income. Twenty
ai oh of oh htrt ha
syndicate during the past week netted
$473.45 per ton. The Riley lease has
been running since april 10 and fifty
eight tons have been shipped alto
sether. The first shipment ran SIG to
the ton. The one referred to above was
the second. Mr.. Riley reports that
when the Fairbanks Morse gasoline
hoist arrives in the course of a week or
two, he will be able to ship seventy
five tons a week, which will average
fully as we'll as the last shipment,
since assays made on the ground show
that values are increasing with depth.
Work on the Campbell tunnel on the
south end of Montgomery mountain,
On the property of the Montgomery
Mountain Mining company, is proceed
ing night and day. II is given out by
the management that the Shoshone
vein which is traced by groupings over
the property for n distance of over 1900
feet, will probably be encountered at
from 100 to 200 feet in. The tunnel is
now in sixty feet.
Interest is reported to be widespread
in Tonopah over discoveries made on
Gold mountain, seven miles south of
Tonopah and twenty miles north of
Goldfield, on the property of the Tono-
pah Gold Mountain Mining company.
This company owns eight claims. or
practically the entire mountain. Jim"
Butler, the famous dscoYerer of the
Mlzpah, and "Billy" Douglass, owner
of the Tonopah reduction works, to-
gether with George Wingfeld and Emil
Sutro, own a controlling interest in
this property. A few months ago owen
Owens, superintendent, reported that
the property would make a great mine.
Since then development work has been
going on night and day. A crosscue
tunnel is now in 100 feet and drifts
have been made on the vein for a dis
tance Of 600 feet. The vein is from five
to six feet wide. Several grab samples
of quartz give an average assay OF