The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-08

f. 5. Chafey OF Goldneld has bonded
the famous Paradise mine at Spring
! City. T. L. Oddie and j. W. Brock are
said to be back of the deal.
LANDEE
Messrs. Seward and Austin have
bonded the Bonanza group of claims
located at Mud Springs. about hve miles
north of Lander. to Charles Schiele and
associates. Of Colorado. Springs. Colo.
the bond calls for $1,000 and they are
to receive their first payment this week
LINCOLN
Ore averaging 1000 ounces in silver
per ton has been found near De Lamar,
says the Caliente Lode-Express.
Along the lines outlined by Rol King
during his late visit to Searchlight. a
Chamber OF Mines has just been organ
lied in Los Angeles.
The belief that petroleum may be
found in Lincoln county. has led TO the
formation of an oil exploration company
known as the Nevada Home Oil COM
pany, which has already purchased a
drilling outfit and is about to
active operations in the neighborhood
of Las Vegas.
The Searchlight district is now the
scene of marked activity. as is evidenced
by the many sales, transfers and bonds
of different properties in the camp.
LYON
The tunnel being run on the Sprague
copper property by the Mason Valley
Copper company is now in a distance
of $40 feet, and is being carried forward
as rapidly as possible. At a point in
this tunnel 430 feet from the mouth a
50-foot ledge of suiphide ore was suit
which averages between 3 and 4 per
cent in copper.
A number of Yerington business men
met last week and organized the Nevada,
Mason Valley * Los Angeles Railway
company. The company has been capt.
talized for 81 200. 900; 100. 900 shares of
a par value of $40. Surveyors are to
be put in the field and as soon as possi-
BILE a road connecting Wabuska with
Wellington will be constructed. A spur
line will also be surveyed to the Nevada
Douglas and Ludwig mines and the
Buckskin district.
The first within in Buckskin was
started up last week. 1t is located on
the Original Buckskin. owned by Geo.
r F.. Won Polenz.
A strike of excellent copper ore was
made Thursday in the shaft being sunk
on the ground of the Nevada-Colorado
Co, about one-half mile east of the new
townsite of Bellview, and a mile north
of the Ludwig mine.
An 1S-inch vein of ore, giving assays
) as hig as $4,000 per ton. with s feet
of ore in the breast of the tunnel, at a
: depth of 500 feet, averaging 5000 to
the ton, has been opened up in the New
ada-Roeklin mine. rs miles south of
Warrington.
{ The Mason Valley Copper company
which has large holdings in the Yering-
: ton district. will be recognized by
George f. Gum. When the ~latter's
r plans We're announced last week the
| price of the stock advanced to $3.50
bid.
Samuel Newhous has recently be-
come heavily interested in Yerington
property with Salt Lakers. The group
; secured by him is the Dyer property
and the mpan will be known as
) the Western Nevada Copper company.
WI
r At a depth of 116 feet the bottom of
the Manhattan Giant shaft is all in ore
which pans freely.
on the Manhattan Butler Mining
company's holdings in North Manhattan
section of the mineral bearing belt, de-
velopment is being carried on very
extensively.
The new strike made on the Georgey
group bids fair to excel anything yet
uncovered in the Manhattan district.
Arrangements have been made by the
Manhattan Sedan Mining company to
develop the Sedan claims thoroughly and
systematically.
/, Round Mountain business men have
; made arrangements to receive stock
> quotations twice daily.
Development of the estate of the
. Toquima Copper company located in the
, East Manhattan section, is proving it
to be one of the coming copper yielding
acreages of the country.
The Round Mountain custom mill is
, to double it's capacity at once, so it is
announced.
Another new strike is reported from
: Twin River.
Recent developments in all parts of
q the Manhattan district have proven that
wherever sound mining has been carried
on, flattering results have been obtained.
! The splendid showing in Manhattan
mines, the increased activity in all parts
, of the camp and the upward movement
|, in stocks have made the brokerage fra
! ternity in Manhattan almost as busy as
/, their brethren in Goldfeld.
The churn on the Witch ground has
I struck %sulphides at forty feet. The
4 drill is now down seventy feet, AMI
Z is still in sulphides.
Tonopah is testing the Ignite deposit
at Coaldale. Esmeralda county. as a
| substitute for fuel.
About 125 men are busy on the Clark
railroad pushing the rails from Beatty
to the Shoshone mine and Rhyolite.
Contractors are pushing the rock work
, on the Borax railroad in Amargosa
Q canyon. 1t will be easy wors to Beatty
I after getting through thu canyon.
On arrival of the railroad at Rhyolite
3 a train load of ore may be sent out
q by the various mines.
; w. II. Eddy states that the National
! Bank is sacking ore for shipment that
will run 500 per ton.
The within horse at the Amethyst
, backed down the shaft Tuesday, fall
: ing $50 feet. Two men working at
! the bottom miraculously escaped with
> their lives. but were seriously injured.
They are now in the hospital. The horse
was killed by striking timbers on the
way down.-Beatty Miner.
} The Tramp Consolidated is er-.tlng
a new office building.