The Birmingham age-herald., 1906-10-15
LARGE GOLD CLAIM HAS BEEN BOUGHT Nevada Syndicate Buys Lou
 Dillon Property HAS A RAPID ADVANCE Silver Pick Is New Mine to Be De- Veloped by Capitalists of
 Large Means-Com-
 pany Forming.
HAS A RAPID ADVANCE

Godfeld, New, October 14-(Special.)- l The development of the Mohawk into one l of the greatest gold mines of the country
 with record production of from $500, QUO 1 to $l,000G0 per month has attracted the
 attention of capitalists and big operators
 to the immediate territory adjoining Gold fields famous bonanza. This has resulted
 III the consummation of several impor-
 tAnt mining deals in contiguous acreage,
 1ne of the most important of which was the purchase of the Lou Dillon claim by a syndicate of Nevada capitalists in- cludlng l.. M. Sullivan of the l.. M Sul- llvan Trust company, Peter Grant of the same institution, Governor John Sparks,
 and other prominent mining men. The price paid for the valuable acreage was $1O0O00 and two days later could have been resold at loo per cent advance over
 this figure, but the offer was spurned 1 The purchasers have announced that they vtl incorporate a company to take over
 'ne property and exhaustively develop 1t
 with view to making it one of the great producers of the camp.
 The Lou Dillon property comprising ap-
 proximately twenty acres, adjoins the Silver Pick estate on the west and is not raore than 1000 feet from the great Mo hawk. Developments of recent date on the Silver Pick have been of sufficient importance to give great value to the Lou Dillon, aside from its contiguity to the Mohawk. At least eight leasers are 1 actively engaged in developing pick ground and are making a mine showing that indicates that the property will soon
 take range with the great bonanza mines of the district.
 High-Grade Ore.
 On lease, which Is within a few hum
 dred feet of the Dillon, several veins
 of high grade ore have been encountered
 that carry average values of from s70 to sSiO per ton in gold. Sinking is being done as rapidly as possible in order to open these veins at the same depth at
 which the great Mohawk ore bodies were
 disclosed. According to their pitch and trend they come together on Lou Dillon ground and, with every degree of cer-
 tainty possible 1t is predicted that when they meet they form tremendous de-
 rosit of high grade ore
 At least four lodges of gold ore have heen exposed on the Lou Dillon ground that have their apex within the boundaries 1 nf the claim. Several of these are mak- 1 ing history for the Silver Pick into which
 they pitch, and from every viewpoint l the property may be said to present all 1 the earmarks Of a great high grade gold
 mine. The fact that the four ledges dis | closed aEex on the property Is of far
 more than transient importance. as it pro
 oludes any possibility of a legal contro-
 versy over extra lateral rights.
 Sullivan Talks.
 |. M. Sullivan said: aThe Lou Dillon 1 calm Is remarkable piece of mining 1 ground. It lies immediately west of the 1 Silver Pick There are four distinct | parallel veins on the territory that dip | towards the Silver Pick ground and will ! be encountered at depth by the Silver | Pick workings. One of the Silver Pick | leases is within 100 feet of the side line | of the Lou Dillon. There are four or five | shallow shafts on the Lou Dillon, dis 1 closing veins that carry values ranging | from $4 to $25 at surface. On this claim | two leases are working, and by reason 1 If the character of rock encountered and | assays received, give evidence of making | into mines."
 Jack Campbell general mine manager
 for the L. M. Sullivan Trust company.
 who was formerly Charles M Schwab's consulting engineer in Nevada, states that | he considers the Lou Dillon one of the
 pest pieces of ground in the entire camp The new corporation in process of form
 ing will be named the Lou Dillon-G Gold l field Mining company. In all probability
 Hon. John Sparks governor of the state l of Nevada will be the president and | l.. M. Sullivan, president of the l.. M | Sullivan Trust company, will be treas
 urer. Exhaustive development work will | be inaugurated at once and prosecuted With every energy to make of the prop 1 erty another Mohawk. Lying in direct
 line with the great ore zone that strikes | through the Florence, Jumbo and Com hnation. then through the Mohawk and 1 Red Top. and entering Columbia noun 1 tain, the propery that will form the
 estate of the Lou Dillon Gold1eld Mining
 company, together with the Silver Pick | is looked upon to furnish the next great sensation In the way of development of | the district, 1t seems practically a cer- | tainty that the great ore bodies of these | bonanza mines must continue into the | adjoining territory, so strongly defined | and permanently formed are they.