Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1905-10-21
MAY BUILD A MILL IN THIS CAMP
GOLDFIELD

record Of the camp for the week, says
the Goldfield News. OF this tonnage
there was shipped out over the railroad
% cars containing 537 tons of a gross
value 1853, 700 The record is one on
which the camp can pride itself, for it
represents a monthly production Of
better than SS44, 4SO; and this with no
returns from the Gardner mill avail
able, with the Frank mill closed down
pending the installation of more ade-
quate machinery, and nothing but ex-
perimental work in vogue at the plant
of the American Milling Company,
which has but just entered the milling
field.
The Columbia Sampling & Ore Com
pany sampled $50 tons having an aver
age value of $212 per ton; the New
Western Reduction company handled
total of 1886 tons of an average, grade
OF $l35 per ton; the Combination mill
treated 275 tons of $40 rock; and the
American Milling Company made an
experimental run of so tons of $50 ore.
The LeFoe-McC Cluskey lease on the
Gold Coin of the Jumbo Extension is
looking better with every days devel-
opment. The hoist is working splen-
didly. Sinking on the shaft has been
resumed and at ITO feet in depth the
ore is getting richer. Handsome speci-
mems of telluride ore are being brought
to the surface and horn silver in guam
titles show in many. The lessees are
still continuing the drift at the 1OO-foot
level and some beautiful specimens
showing rusty gold are being taken out
There is every indication that on this
lease will be made one of the big mines
of Diamondfeld.
Manager Taylor Of the Red Top
states that a shipment of nearly 1000
tons of ore that viii average about 800
to the ton, will be made in few DAYS.
The last shipment of thirteen tons,
made to the New Western Reduction
Company, went 1925 to the ton.
The entire bottom of the 7O-foot YER
teal shaft Of the Sandstorm is in ore
that averages without sorting about
5000 to the ton. Everything now
brought to the surface is being sacked
for shipment.
1t appears as though regular ship
ments would soon be in order from the
Kendall lease on the Desert Rose of the
May Queen company. A good bit Of
development work has been done and
a careful survey has been made of the
workings in the three shafts. Some
time ago a strike of decidedly high
grade was made and few tons of ore.
some of which returned values of 81, 200
to the ton, were shipped. These values
were obtained within a short distance
of the surface and the working of
exploiting the vein at depth is now
IN progress. AS work is prosecuted
values are improving somewhat and
the indications of obtaining ore in ship
ping quantity are considered good.
Arrangements are being made to send
out shipment from the Maunsell and
Wade lease on the Hat claim of the
Blue Bull Mining company. Although
less than two months have ELAPSED
since the lease was granted two-foot
body of 5000 ore has been crosscut at a
depth of so feet.
The Nevada Exploitation COMPANY
declared its first dividend on the 10th
inst. This is close corporation of
which j. P. LOTUS is president and
general manager. The stock is held by
only few people and has never been
offered on the public market. 1t is ex-
pected that regular monthly dividend
will be paid hereafter. This is the
third mining corporation in the Goldfeld
district to declare regular dividend.
although, of course, lessees operating
as individuals or firms have divided
among themselves several millions.
AT meeting of the governing board
of the Goldfeld Mining Stock Exchange
held October z, the board listened to
the report of the location committee
and after discussion it was decided to
secure quarters for the time being in
the basement of the Nixon building.
The executive committee as selected
consists of H. T. Bragdon, president:
M. M. Detch, vice-president; John S.
Cook and L. L. Patrick. Other appoint
ments were made as follows: +.
Lathrap, chairman Of listing committee;
K. l.. Colburn, chairman of committee
on arrangements; Henry Weber, chair
man of membership committee, and ].
F. O'Brien, chairman of the arbitration
committee. The chairmen of the vari-
GUS committees are to select the other
members and report the same to tho
governing board. The exchange h.,
enjoyed a fine business since its orgal &C
yatiOn snlpe avotao,,,c. f,.a,,. An onn,