The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-01

into one OF the greatest aiming camps
in the state. We will treat the Bulifrog
camp at length In another letter.
Round Mountain District This camp
really dates from March 18th. 1906. and
today there are nine properties that are
shipping or sacking ore. A frst-class
hotel is being erected. stock exchange
has been organized. and a bank assured.
The town of Round Mountain is fast
taking on metropolitan airs.
u fountain Mining. This prop
erty has produced. up to date. approxi-
mately $50. eco. 90. taken out by the new
process OF dry wash or placering. The
development consists of five shafts rang
ing from zoe to lie feet in depth. Their
mill is about completed. and they have
our and one-half miles OF pipe line to
furnish the same with water. These
shares were originally placed~on the mar
ket az 20 cents. and are now In demand
around IS cents. We advise their pur-
chase at anything under Sf.0O.
Round Mountain Sphinx. Development
feet deep and 500 feet of drifts. equipped
viii a 25 h. y. gasoline hoist. They
are making a good production of high
grade ore. The shares were originally
placed on the market at 20 cents, and
are now selling at 40 cents.
GREAT western This property is also
responding to development in a salts
factory manner. and good ore is being
sacked. The shares are now selling
around 2S cents.
Combination. Two leases are working
the new system of dry wash on this
property and are meeting with success.
This is one of the good properties of the
camp.
virgin Group. Lessees on this prop
mately $4,000 to the ton. absolutely free
milling. They own a large acreage
which is receiving active and intelligent
Fairview. This is the property for
which $50, 000.0 90 was refused within a
Few days after its location. That the
owners showed good judgment is proven
from the fact that IL is now producing
o 100000 a day. The shares were
originally put on the market at is cents,
and are now selling at 40 cents. They
are worth more money.
Central This property is producing
some very rich ore, and is regarded as
one of the best in camp.
Round Mountain Extension. Two
lodges have recently been uncovered on
this property, both of which. show ex-
tremely high values. The treasury is
in a healthy condition. one we'll known
Round Mountain operator buying so, 600
shares in a single block. h stock was
originally placed ON the market at is
nts-now 20 cents bid and nom offered.
Control of this property passed, last
Spring, to Birmingham people. on a basis
of Is cents per share. We believe IL Is
a purchase at anything under 80 cents.
Round Red Top. These peo-
Lodges recently uncovered on the Round
Mountain Extension. We believe this
Will prove to be a good property. The
shares are closely held. and but little
is offered on the market. Therefor
quotations are practically understandable. |
Round Imperial. This com-
pany owns the Annie Rooney. and Mary
McClane, both fractions. containing
about Is acres, end-lining the Fairview
and lying between 1t and the Lone Pine.
The recent developments on the Fairview
property. You will see development
prove IL to be one of the good ones of
the camp. Treasury shares for devel-
oping purposes are being offered at 20
cents. We advise their immediate pur-
chase, as the uncovering OF the ledge
on this ground would cause these shares
to make the same advance that has been
made by the others in the camp.
Wonder District. Discovery of this
dates back to May 1906. Since then
ore of shipping value has been uncovered
on not less than 20 properties. The re-
dale by Nick Darcy and associates
their Jack Pot group and other prop
critics for a cash consideration of $780,
10000, not only furnishes them with
holdings. but it means that the new pur-
chasers must necessarily join forces with
the Tonopah Mining Syndicate. and
practically assures the completion of
the railroad at an early date, and i'm
provements in many ways, that will be
Of substantial and material benefit to the
camp.
The latest strike is on the Nevada
of the Alice Mining Co, where
have values averaging $3.50. 90.
These shares were sold to the public
at rs cents, listed in San Francisco, and
three days later were selling at 40 cents.
Wonder Gold and Silver. This company
a total of SO acres, adjoining the
Alice. The ore has been opened up in
three different places, with values run
ming from $500 to $4,000. Five men
are at work on the property, application
has been made to list 1t on the Goldfeld
Mining Stock Exchange, and the shares
are now selling. on the clrh. at 20
We advise their immediate pur-
as we expect to see 1t make a
decided advance as soon as listed. Wire
orders in to buy at the market.