Lovelock tribune. (Lovelock, Nev.) 1898-1912, 1906-12-21
.KNICKERBOCkER and
LLOYD STRIKE IT RICH
In Seven Troughs Mining District.
Within Half a Mile Of Vernon
THE LEAD IS FABUL0USLY RICH
Vein Was Found by Planning First
and Trenching Afterwards -Ex-
citement Prevails In Camp

Another great gold strike is re-
ported in this issue. having been made
within half mile of the business
portion of the town of Vernon in the
Seven Troughs mining district by H..
W. Knickerbocker of Goldfeld and
Ben T. Lloyd, we'll known mining
man from Salt Lake City, Utah.
The claims on which the strike was
made adjoin the Molor mine on the
southeast and not more than half a
mile from the Fairviow group. The
ledge was blind and found only by
first taking gold pan. mortar and
canteen of water and a systematic
panning up the gulches, first getting
the lead and then following it until
there were no more colors. Then a
halt was made and the pick and shovel
brought into play, when, in a few
minutes, the ledge, which has proved
so rich was opened UP and bids fair
to make the lucky miners who found
it rich, as well as all who may be
lucky enough to get in with them by
purchasing stock in their company.
Two rich gold veins have thus far
been exposed, one running north and
south and the other east and west.
The north and south vein averages
four feet wide at depth of 3 feet,
carrying values from $3.50 to $l75
The east and west vein is from 5 to 6
feet at depth of 4 feet, carrying
values from $500 into thousands.
Lovelock will be the headquarters
of the company with branch Office
in Salt Lake City. The directors of
the company will be H. W. Knicker-
booker of Goldfield, Ben T. LLOYD.
Culbert l.. Olson and Judge Edward
F. Colburn of Salt Lake City, Utah.
together with F. |. Gunnell, cashier
of the rirst National Bank o.
Lovelock. The latter gentleman will
be secretary and treasurer of the
company. The officers other than
the secretary and treasurer as above
to be selected later.
One thousand canvas ore sacks
have been ordered; windases, ETC.,
are being gotten on the ground as fast
as possible, and development will be
prosecuted in half a dozen or more
places without delay. Great as the
showing now is, still greater things
are expected when the trenching has
reached the point of intersection of
the two veins and when greater depth
has been OJta ned.
II is a safe bet that this will rank
as one of the chief producers of this
fast developing bonanza camp.
These assays are not picked, but are
the average run of the vein and show
it at once to be good shipping ore.
Messrs. Knickerbocker and Lloyd
have prepared the incorporation of a
million dollar company on these prop
critics. One million shares, par value
of stock 81, and non-assessable. This
will be strictly home company, being
incorporated under the laws of Me-
vada, by Nevadans and for Neyadans.
Three hundred thousand shal es of the
stock will be placed in the treasury
to be sold for development purposes,
in lots as the directors may elect, but
not until after 100000 shares of
promotion stock haze been placed at
rs cents per share. The funds from
this promotion stock will be used for
development of the property. As
more than half of this promotion
stock was taken within "a hours
after the subscription books were
open, anyone desiring block of same
had best wire their names to F. |.
Gunnell. cashier Of the First National