The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1905-10-20
ADDITIONAL MINING NEWS
GRAY LEASE ON FLoaENcE

GRAY LEASE ON FLORENCE
At a depth of 10 feet, Gray and as
sociates leasing on four blocks of the
freight claim Of the Florence com
pany. struck the lead which had been
located in another shaft further to the
east. and have now sunk ON it a dis
lance of 80 feet. The vein is showing
the full width of the shaft with no
wall in sight and prospects fairly well
in gold. Assays returning values a
little better than nominal are also be-
ing obtained. It is Mr.. Gray's inten-
tion to lower the shaft to the l0O-foot
point and TO then drift on the ledge
and prove it up. The shaft is to then
be lowered another 100 feet and the
vein onee more exploited. Mr.. Gray is
convinced that a rich ore body Is Sc
ereted somewhere within the confines
of his holdings and stated TO a re-
porter for The News yesterday that he
purposed going after it. He also in
tends to search for values through the
medium of another shaft, a short dis
lance to the southeast of the present
point of operations, and that viii like
wise be Junk to the 200-foot mark.
SHOWING ON VELVET
Present work on that portion of the
Velvet claim, under lease to Wilson
and associates, indicates that the
~lessees will make something more sub
~stantial than a grubstake out of their
venture. A 4-foot ledge of oxidized
quartz has been disclosed which pans
and assays well. The work of proving
up this lead is now under way N as
it is prosecuted the mineralized appear
anee of the rock is becoming more pro-
nounced. At one time the Velvet had
an enviable reputation as a producer
of high grade values and the announce
ment that it is again coming in IS Z
matter of general satisfaction in the
camp.
JUMBO EXTENSION
Little in the way of new develop
ment has been in order at the Jumbo
Extension this week owing to the fact
that nothing but dead work has been
prosecuted. The shaft has been tim
bered, a station completed at the 100
foot level and ore bins and tramways
have been constructed. This work has
been accomplished preparatory to a
larger production and as a result little
ore has been hoisted during the in
term. Beginning next week, however,
drifting and Stopping will be resumed
and the work of lowering the shaft
from it's present depth of ITO feet to
the 200-foot point will be started.
SILVER PICK WORKINGS
In the bottom, or 160-foot level of
the Silver Pick property the work of
proving up the vein is being accom-
plished as rapidly as three shifts can
attain it. The ledge is being
drifted on in both directions and IS
the level is extended the general condi-
tions of the vein matter are improving.
The lead is showing clean and true be-
tween porphyry walls and contains q
streak of quartz which gives indica-
tons of being sulphide bearing. Oliver
Mathews, formerly a prominent mine
operator at Cripple Creek and other
Colorado points, is in charge of the
property.
GOLDFIELD NOBLE MINING co.
The owners of this property are do
ing vigorous development work with
night and day shifts and all the men
that can be employed at present. The
main shaft has been trimmed and tim
bered in fine shape and is being now
sunk below first level where a station
is being put in so that sinking on the
main shaft and driving on the north
and south drifts will be showed as fast
as men can do it. This property shows
fine liberalization and the making Of
a mine of it is expected in the near
future.
GOLDFIELD BLUE BELL
The treasury of the Goldfeld Blue
Bell is in a healthy financial condition
and work is being steadily prosecuted
on the property. The drift at the 100
foot level is now in lis feet and sui
phide ore is being encountered which
is getting better in values daily. A
batch of assays taken yesterday re-
turned values as follows: 1920, $3.50,
$500, $o4.40, $3.50, $64.20 and $3.50
per ton, being a very encouraging aver
age.
NEW LEASING COMPANY
The Goldfeld Nevada Leasing COM
pany was organized here this week for
the purpose of securing and operating
mineral ground of merit In Southern
Nevada. The directorate is composed
of the following well known mining
and business men: T. G. Shroyer, j. s..
Smith. w. f. Gray, C. H. Beesley, j. A.
Sanders. w. +. Gray has been APP
pointed general manager of the cor
poration. Although but a few days
have passed since the company was
organized ground has been secured in
the Ida and Diamondfeld sections and
negotiations are now on for the leasing
of mineral territory in the White noun
tain section. 1t is also probable that
several leases ON Florence pround now
being worked by Mr.. Gray may be
added to the c~ompany's holdings.
WOODWARD GROUP SOLD
Kansas City capital is to develop the
Woodward group of claims located