Lovelock tribune. (Lovelock, Nev.) 1898-1912, 1905-02-03
A DISTINGUISHED
VISITOR IN CAMP
DISCOVERER OF JUMBO LODE
Visiting Friends Here.
Tells of the Riches of the Great
Jumbo and Other Properties in the
Bonanza Camp.

". u. ldylOT, Iue uiSCoVeTeT VI lne
great Jumbo lode and many other
valuable leads in that vicinity, arriv-
ed from San Francisco Monday on No.
6 and has spent the week visiting
with his old-time Alaskan friend, W.
E. Castle, with whom he started for
Spring Valley Tuesday morning.
To look at the un-assuming, smooth
shaven countenance of Mr.. Taylor,
one would not take him to be the
president of and chief holder of one
of the greatest mining companies of
the world, the mineral riches of whose
ledge is now attracting the attention
of the world. Mr.. Taylor is the pres
ident Of the Jumbo and Red Top min
ing companies and is largely inter-
ested in many other properties and
enterprises in Goldfeld. Not so many
months ago he came to the southern
goldfelds of Nevada from the North
ern goldfelds!of Alaska, arriving with
little more than his blankets. Now
he is worth many hundred thousands
of dollars. Yet, the Smiles of for
tune" have not changed his genial,
kindly nature. He is the same whole
souled miner as of yore. Careful,
conservative and attentive to details
in his business enterprises, vet always
ready to help the deserving when in
need-especially those of his fellow
craft, the miner and prospector.
His story of the finding of the
great Jumbo lode is very interesting
and illustrates the reward of close at
tention to details and perseverance.
MIR. Taylor started to prospect by
"panaing" every few feet, and thus
determined the extent and location of
the great lode. The pan proved the
presence of high gold values in rock
which had been thought to be value
less and that rock which appeared to
be identically the same did not always
carry values. So, the only safe way
to prospect that country is by panning
The method of leasing, which was
adopted by Mr.. Taylor and his COM
pany on the Jumbo lode, has doubt
less been the means of developing
the property much more rapidly than
it would have been done if left to the
company. The claim was divided in
to l00-f foot setions, and the sections
let out to miners to work, upon a
royalty of 20 and 25 per cent. The
great Jumbo lode has produced nearly
One Million Dollars gross value of ore
and is still in its prime. The ''Zinn"
lease alone has produced $270,0O0,
over half that amount. This lease
has been extended three months and
is the only lease now in force on the
lode, the company preparing to work
the property themselves.
Mr.. Taylor rightly considers the
Tonopah and ~Goldfeld camps the
greatest in the world. Their untold
wealth has been the means of raising
him from comparative poverty to a
position of affluence, yet he realizes
that there are many thousands of
square miles yet unexplored in the
southern part of the State which may
contain equally as rich mineral lodes.
Bullfrog, Goldreed and other camps
have rich surface showings, but their
permanency has not been established.
While in San Francisco lately Mr..
Taylor saw specimen from the rich
Goldreed strike which he declares to
be the richerst free gold specimen he
ever saw-that was before he had
seen some of the rich Spring Valley
rock.
During the week he has been visit
at the home of W. Z. Castle in Spring
Valley. looking into the mineral re-
sources of that district. We believe
the showing will be such that he will
be fayorably impressed and that lis
/ trict will be fortunate in having in