The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-09-15
|lElRcHIIGHT NEWS
....,al correspondence.)

tspr New. Sept. ia party
ssarcn.ned mining men are paying
tsnns = visit al the present time.
ssrchhsv are l. f Bamberger. who
% the PSI both the Bamberger and
rpresen. interests: John Ferguson,
euggennud representative Of David
ts sna United states senator kearns
Esitn - the famous Silver King mine;
ssners~.,or Harry Josephs, n r. L.
safe manager of the Hoosier mine
lndre~s .orings. Together these gen.
q Gov nresent millions of mining
tsnen "a their unqualified endorse
cspital s~~archlight means considerable
gent 0.nn Mr.. Bamberger a al
70 the I~.sted in searchlight and 1t is
rsso, ,hat the different members Of
EnoNh took options on some Of the
hs = properties here.
lesdlns s~narchlight Treasure Gold Min
me ~anv reports a strike of more
is nsssing notice this week At a
Dan ~ los feet, three feet of copper
Oepus ouartz was encountered in the
staineu sbaft. carrying gold, silver.
TOn and galena- The vein is three
eoppe. w,dth and an average assay of
fse' p.nIes~ returned s23. S~uperintend-
i've -a,I is running drifts on the ledge
en' ..-,oin the extent of the new find.
o. Duplex Extension Mining COM
establishing their camp and
pany ,rg for active development work
prep ,hs supervision of the company's
"~,neer. J.. ". Allison. An immense
ems sSa over thirty feet in width traverses
N NJ the claims owned by
~U .ompany and four open cuts along
ue 'a,n show good colors. Depth is to
'n' ,,sined at once as the company has
= son,racts to sink a double compart-
-, shaft to water level.
,wenty-foot vein that will average
90 IN gold per ton has been cou
IA IN sinking the big Colorado Min
q Milling company's shaft. The vein
lHs erst encountered at a depth of 10
,set and in character was a decom-
80 ouartz. we'll silicifed. and very
t,r,lar TO the gold bearing lodges on
.sa ~neighboring Searchlight mine. The
'.S,te was a great surprise as the man.
s~auant did not expect any important
se~ra,onments short of 200 feet. The
'.,, found is not the n being sought
- aepth. but is clearly a separate and
s,s,,nct one. The strike, If 1t holds out,
Is one of the most important, II not the
r,ost important, aver recorded in the
s,str,ct for 1t practically proves up a
,.roe new section and demonstrates the
continuity of the known ore bodies far
to the west.
The strikes made on the Santa Fe and
The searchlight Parallel Mining COM
pany's claims are proving up better than
first anticipated and especially so
v,tb the Santa Fe. The ore shoot on
This property was encountered on the
pOo-foot level and drifts nave been run
m the vein, which average better than
per ton.
The realty figures are stiffening and
nrices are soaring skyward as is evil
fenced by the sales of properties on
he principal business corners during
he past week. Two corner lots that
we're purchased a few months ago for
1900, sold yesterday for $500. Resi-
fence lots in the new additions that
we're selling for $25 a yea ago are now
bringing from $50 to $500. Many new
substantial buildings are in course of
,rection n graders are preparing a
lite for a 60-room hotel, that will have
IL the modern co~nveniences of an up-to-
hosiery.