Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-08-04
MANHATTAN MINING NEWS

tapping the Union No. 8 ledge, Presi-
dent Siegfriedt has every reason to be
optimistic concerning the future of his
company. The six inch vein of high
grade shows no sign of pinching out
and carries as high values as ever, the
discovery of large nuggets being still a
matter of daily occurrence. This vein
runs northwest and southeast. Its
footwall is composed of quartzite and
lime and the hangingwall of a shale
slate. Only a few feet away is a two
foot vein carrying $50 ore. This vein
u n east and west and interesting
developments are looked for when the
point of intersection between the two
is reached, which it is thought, will
take place this week. This two-foot
vein runs through the corner of No. l
shaft which is down 80 feet.
THE BRoNCHo
Work is going on steadily on the
Broncho and things look exceedingly
well on that property. Superintendent
Lye has commenced a new shaft which
has now been sunk 30 feet on a 10-foot
ledge, the ore of which pans very well
and carries quantities Of free gold.
Two shifts are busily at work and a
2O-horse power gasoline hoist is soon to
be substituted for the windlass. All
the work on the Broncho is now in the
hands of the company, the leases hav-
ing all run out and the company not
being willing to renew them as there is
an ample development fund in the
treasury.
THE GIBRALTAR.
Accompanied by Capt. Harrison, Mr..
Griffin of the Griffin Mercantile Com
pany, a representative of the News
visited the property of the Manhattan
Gibraltar mining company and the
Greater Manhattan Consolidated min
ing company near East Manhattan
Friday. The showing on these prop
critics is something marvellous. There
are five distinct lodges cropping on the
surface of the Gibraltar group and a
tunnel is being driven for the purpose
of cutting all these lodges and it is ex-
pected that it will be necessary to run
the tunnel to a point about $50 feet
from the mouth in order to accomplish
this object. All the lodges cropping on
the surface give assay returns of from
81 to $40 per ton and show signs of in
~creasing wherever opened up. The
tunnel on the Mabel claim is now in a
distance of 80 feet and is being steadily
pushed ahead. In the tunnel one blind
lead has been cut and another showing
a very good looking quartz was cut
while the party of visitors were on the
ground. The quartz looks as though it
would carry good values, but the assay
returns have not yet been received.
The holdings of the Gibraltar company
give promise of being one of the best
propositions in the state as the lodges
are all large and free milling and plenty
of water can be obtained in the gulch
at the foot of the hill. The property
adjoins the Hindocraft on which a find
of very good ore has recently been
made.
On the Little Jack claim of the
Greater Manhattan Consolidated COM
pany, which adjoins the Gibraltar, a
tunnel is being run which has cut one
small vein and is in line to cut several
more with development. The tunnel
on this property is now in 30 feet and
the outlook is equally as promising as
that of the Gibraltar, the same lodges
crossing both properties. There is a
nice spring within L,500 feet of the
property and plenty of timber on the
Both of the above companies are
organized under unusual conditions,
inasmuch as neither of them has issued
any promotion stock, every share being
in the treasury. This gives everyone a
fair show as no n has any free stock
to throw on the market, which so often
happens in the case of companies
having only a small amount of stock
in the treasury and the balance being
held by a few individuals who are
anxious todump at the first opportunity
The same people control the Gibral.
ter and the Greater Manhattan Mining
companies also control the Auction
group, rear the Stray Dog. On ex.
animation by Mr.. Harrison he finds il
very favorable and expects to begir
development work at once. They still
have another good property located
near Rye Patch and will at once put {
crew to work developing this holding
Taking it, all in all, Mr.. Harrison wa,
a lucky man to procure such valuabl,
property, lying as they do right in tn,
mineral belt. The character and per
manency of the ore on their particula.
holdings, and the management show