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

M EAT6n61OM ~
Jumbo Extension territory is about a promising a piece OF % ns :,
reality as here is in the camp at this time as it seems probable ma a'
least two and possibly three shippers viii be es'aohsneu .n" - cola
near future. The three prospective producers re located o ne oo1
wedge and Poleverda and if they come in four shipping mines including
the LeFoe MeCfusky lease OF the Gold Coin at Diamondneio' y" :"
operation on Jumbo Extension ground.
An old aaape has it that it is wise to put all your eggs in one basket
and then watch the basket, which may be a very wise procedure IN
farming community and yet not conducive to success a minine cenv
"a 80 = limbo Extension people have added to their tight little
acreage north of Diamondfeld by the acqris tiOn OF territory ao,Olnnus
the Jumbo and Red Top Mining companies holdings fresen'a Ppea.@a
I'D ;naicate that the extending of the scope of their operations wi ?
wise move and that in place of having but one source OF revenu urs
were so to have four, thereby trebly proving the utter nac T" y"
egg and basket faseo. n,v
due the success which attends operations in the January NINE is oou -
onan - anotber shipper on the Poeverda claim which he is working by
virtue II a lease from the Jumbo Extension management. u dep'no "
IS feet he has uncovered a 31afoot ledge which returns gold vaues any
;no from 400 to s17s to the ton. The property adjOins the Velvet OF tn
west and it is thought that the ledge is the same as that uneover !. =
depth of 80 feet in Velvet ground about eght months = "'
The LeFoe block o m the Gold Coin is again in possession of himself :
and mariner after a somewhat strenuous time during which guns ae
said to have been pulled and acrimonius language used. In 'ne ouP
detat "a executed the property is looking better ver ahd o'"ei
high grade values have been opened up in the 1oofoot level
Outside of the 100 feet of Gold Coin ground claimed by F"
field Jack, Davis. and to the east of the disputed territory, the same
I n 80 .hooth has heen uncovered. reference now being made to the old
LeFoe ledge Splendid values pertain across its full width II . rect n At
% pont is it barren of shipping ore. The 100 feet of land in controversy
is really a triangle 100 feet wide at it's base and taperng down 10 pf"e
tiealy the bare fraction of a foot at its apex.
Another promising bit of Jumbo Extension acreage is that Diock
of Gold Wedge ground under lease to Higglnson Lang'O.o' Wneis
work is beingp prosecuted under conditions which pesage n hnding o
nov ore in n,aee with the extending of a drift 1t the 5ofoot level.
Values have constantly increased as the shaft was lowered n from m
pDearan of h rock In us DOuOm the IUh o1O"n 49,
The running of a drift along its trend at the 5o-foot point is expected to
prove that it is a extension of the Red Top lead tn iessees oeneV
that it will hold the san high grade values. There seer little question
hut what their deduction is correct insofar IS it applies to the ledge X
tension al the strike of the Red Top vein is on a direct line with the
Higginson workings.
A dentb of IS feet has been attained in the Kafus hat on III
Gold Wedge and a whim has been installed for the purpose OF fachltauhg
oneraions Gold values have increased slightly as the hart "a Deen
lowered and now average better than So to the ton. A good DIT u quartz
is showing in the shaft bottom having the same general appearance q
that mined in the Jumbo and the lessee is of the opinion NAT nj Is on
the same ledge.
Operations ar being furthered on the lease of Jones company
on the Gold Wedge under most advantageous conditions and With further
aentb and exnloraton shipping values will doubtless be found. The
shaft is down As feet and at that point returns obtained upon thu rock
indicate the presence of gold in excess of $12 to the ton. At the 5ofoot
eve the ledge is to be drifted IN in search of an ore shoot and n
hanees are certainly favorable to the finding of mi we'll worth M
riffing.
PEERPuaH LEASE ON coRNIsHMAN
Tuesday night the crosscut at the 15Ofoot level in the Peer Pugn
lease N the Cornishman claim of the Florence company as in from the
shaft 80 feet and it is expected that the ledge from which high grade
value re being mined in the 1OOfoot level will be tapped some time
tomorrow. The shaft is to be continued on down to the 2Qofoot point
where another crosscut will be u out.
Tn the 1OOfoot level al upraise has been extended on tn ead for a
distance of IS feet, and a winze is being sunk a short distance rm u
for the rpo of making connection with the drift at the l5ofoot pon'.
The bottom of the winze at 10 feet is making into sulphdes rapidly n
indicates that the line of demarkation between the oxides and miphldes
is nearly penetrated. Values IS a rule are holding well both in the uprase
and the winze and the sacked pile of $3.50 per ton ore at surface is being
added to daily. Better than 25 tons of the product awaits shipment
and is ito be sent out within a few days In addition there ire y tons
of mill rock, having a average tonnage value OF $50, piled up neal tne
ore house.
IL.4 80 -. 81 u ~