The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-05-04

AOllORats AO9 AAe&
Mining, Industrial and Exploration Co.
Ajax Bullfrog.
Bullfrog Consolidated.
Bullfrog Apex Mining Co.
Bullfrog Extension.
Bullfrog West Extension.
Diamond Bullfrog Mining Co.
Gold Center NJ. e NJ. Co.
Nevada Mining & Development Cor
poration.
Lookout-Go ldfeld Mining Co.
Aladdin Mutual.
neutrality-suspicious..
Goldfeld-C omstock.
Frisco Group Mining Co.
Red Wing Group Mining Co.
Lige Harris.
Black Butte Extension.
Goldfeld Buckeye Consolidated.
Sandstone Extension.
Gold Dust Mining Co.
Goldheld Ruby.
z. j., Kansas City, Mo.-The Eagle
Mining mpa has recently been re-
organizing under the name of the Golden
Four Mining company. The former
company was organized at 10000 D
shares with 10000 shares in the
treasury. Two hundred thousand shares
of the treasury stock were sold. leaving
three hundred thousand in the treasury.
The capital was considered too great and
in reorganizing the company has wiped
out 1000, 900 of the treasury stock, leav-
ing 800, 900 shares still as an asset. 1t
is the purpose of the company now to
sell a little of this stock at 10 cents a
share to do development work upon its
property. The holdings of the new
company, the Golden Four Mining COM
pany, are in the Montezuma district, a
few miles south and west of Goldfeld.
1t is the Oldest district in the state,
from which considerable ore was taken
many years ago and of such richness
that it was mined and packed on burros
many miles into California for treat
ment. This district has not received the
same attention as many others of South
ern Nevada during the past few years of
mining revival, but is now being pretty
well explored. The Golden Four COM
pany owns three groups, comprising is
claims altogether, with an area of
about $50 acres. The company also
owns a half interest in a group of four
claims, which group comprises about 60
acres. The mpa claims TO have
gold, silver, copper on its Copper Car
Donate claim; gold, silver and lead on
the Votto group; silver and gold on the
Amalia group and gold on the Helvetia
group. Four men are constantly at work
upon the property, and it is the purpose
of the to prosecute honest and
faithful development work. The mining
property is equipped with good sub
| stantial buildings for housing men and
tools, and with blacksmith and mining
outfits. On the Aurora claim there is a
20-foot cut from which assays have been
taken running from $3.50 to 81 gold per
ton. A shaft will be sunk on this claim.
The work of sinking a shaft on the Cop
per Carbonate claim is now being prose-
cuted and some ore has been encoun-
tered. This ore carries a little gold and
silver and from 81 to 80 per cent copper
and assayed at the last test at 1857
and s72.5O per ton, figuring the copper
at only II cents per pound. This shaft
is being sunk in the expectation of
reaching the main ore body. The com
pany was Incorporated on March nth CT
this year. The promoters are mining
men and are giving their personal at
~tention to the property, and in some In
stances, doing the actual work. They.
as well as their employees, nave great
faith in the enterprise, so much so that
some of the workmen are accepting half
stock in pay. The main offices are at
Goldheld. Nevada.
J. ]. r., Philadelphia.-The Jumbo Ex-
tension Mining ompany owns eight or
nine claims and fractions of claims. One
group is in the northern part of the dis
trict. surrounded by the Great Bend,
Goldheld Daisy, Black Butte and other
we'll known properties and is most ex-
c~ellently located. Besides this property,
the company owns several fractions of
greater or less size. One between the
Jumbo and Velvet. just north of and
end lining with the ST. Ives. in which a
big strike has recently been made. An
other fraction side lines with the Red
Top on the east, and still another lies
between the Jumbo and Mohawk. On
the Mohawk also a big strike has re-
Gently been made. You ask why the
stock has not advanced recently along
with the stocks of other companies in
the immediate vicinity. The stock has
advanced some within the last two or
three months, selling up from 10 and IA
cents to around 20 cents, but that it has
not been more active ana maze larger
gains, is due to the fact, perhaps, that
all the work being done upon the COM
'pany's ground is by ~leasers, the COM
pany doing no work whatever upon it's
own account. There are numerous
lease being worked on the various
properties. and one of the leases at
least. upon the Gold Coin in the north
ern group. has made several shipments.
The company is Differed by as good
mining men as there are in the district.
A. S. Watson is president. T. ]. Lock-
hart. vice president and manager. E. S.
Van Dyke is secretary and Attorney H.
b. Lin is one of the directors. Without
doubt this company will develop a good
mine on some Of its properties.
n. H, Seattle.-It seems that John
H. Pape & Co. were imposed upon when
sold the claim Union No. 8 at Manhat-
tan, and which he put into the Manhat-
tan Bulls Eye company. the stock of
which the promoters "a been selling
for s cents. The sellers of the claim.