The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-04-20
QoI.p Ear.

1890 ~
Sinking and timberfnx of the double
compartment Gold Bar shaft is being
pushed with extra shifts of men and
is to be continued until water level is
reached when both Gold Bar and {. ..
y. acreages are to be proved up through
the medium of the one shaft. Every
man who can possibly be utilized to adj
vantage Is being put on and every
method Is being employed which VIII
shorten time in reaching the objective
point. At each 5O-foot level en- route
stations will be cut and drifts be run
out to the ore bodies. IL is not the in
tention to- make inroads on the deposits.
however. but to simply block them out
and leave the mstanding until such
time as the more extensive development
below is completed.
1t is the purpose of the management
to erect a mill 1t the property and in
order that the company may be thor
oughly advised of tho value of the Gold
Bar vein system and of the ~adaptability
of the ores to treatment under stamps
exhaustive tests of the deposits will be
made. Development is to be prosecuted
regardless of all present known ore
bodies and no further shipments will
be made until such time as the plant is
in operation or better rates are obtained
from railroad and smelter.
One of the important features in con-
nection with the opening up of the prop
erty is the decision to explore c. o. D.
ground by means of the Gold Bar work
ings. The first mentioned estate adj
Joins the latter on the west and o
tains the extension of the ledge from
which the Gold Bar people have been
mining excellent shipping grade ore for
some months The interests of the two
companies are analogous and the per-
sonnet of stockholders and directors Is
largely the same. There is some talk
of consolidation and it appears prob
able that a merger will. be effected
within a few months.
The prospective value of c. o. ID.
acreage is considerably greater than
was that of Gold Bar prior to the loca-
ton of pay ore and the holdings are
more extensive. Lessee owden made
a small shipment from his block a num-
Der of months ago, the date being prac-
tically contemporaneous with the find
ing of ore in the Gold Bar. Since that
Tine Harry Taylor of the famous Red
TOP mine has purchased an interest in
the Lowden lease. Taylor located q
l.1ge carrying high gold values be-
Meath Lowden's dump and is now sink
ing ON it with the probabilities strongly
in favor of his finding pay grade IN
place with but little further depth.
A 5O-horse power electric hoist is 70
be installed at the collar of the Gold
Bar shaft and yesterday a years con-
tract for power was signed with the
electric people. Electric drills are ike
wise to be utilized in the forwarding of
development and a 60-foot gallows
frame is to be erected.
From the time, about five months ago,
pay grade was first encountered IN
the winze sunk at the 65-foot level the
has never been out of ore md
shipments have been frequent and of
good average value. Free gold has pre-
vailed extensively on various occas .ons
and the rock has yielded some of tae
largest strings of colors ever panned In
the camp. The Bar is the pioneer ship
per in the east end of the belt and its
coming in has given impetus q mining
operations throughout that section.
That it's ore bodies are permanent. is
now a well established fact and that 1T
is to become one of the big producers Of
the camp is equally as we'll assured.