The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-10-06
OF
Especial Correspondence)

ASftNldA
Johnnie. New. Oct. flames r.. Col
Inns, of Los Angeles. a capitalist and
presldent OF the North American Trust
company was a visitor last week and be-
fore he left he had completed his plans
Tor the establishment of a banking in
stitutton. Mr.. Collins said he had a
number of Los Angeles capitalists in
t~erested in the project and Will he
proposed to take a major interest, any
assistance he needed would be speedily
Forthcoming.
Mr.. Collins said: "A bank is an as
sured thing for Johnnie, and 1 expect to
see such an institution doing business
In a few weeks time. Our man at
Johnnie will be Mr.. A. E.. Lowe. The
new concern has purchased a lot on the
corner of Golden avenue and johnson
street, and we propose to erect the FIN
est office building in the town. 1t will
be a two stored structure, the lower
portion to be used by the bank and OF
flee. while upstairs will be a large hall
which will be used by the Masonic
order, a branch OF which will soon be
installed. We will depart from the
general course OF construction observed
49, ohN AhSNS10 u ddOOS VI 6lOnt, as
is the rule in this camp, we will erect
a wooden building. This L think will
be more attractive as it permits of SUI
perior decoration, and in the matter OF
painting and finishing we will lead"
In the Globe-Johnnie. the upper tun-
mel has broken through the rich ore in
tho Bonanza shaft. The wonderful
values have been maintained the entire
length OF the tunnel from the point
where they were first encountered. Ex-
perts estimate that about 100 tons of
ore are now blocked out that will assay
into the thousands. Work has been
temporarily stopped in this tunnel un-
til the lower tunnel, which will tap the
shaft, at fifty feet enters this ore. 1t
is estimated that this tunnel will have
to be advanced twenty-five feet more
before it is completed. In the meantime
the tunnel is being worked in good mill
ing ore. When this tunnel will be
completed stopping will be done and
then it is expected that record break
ing shipments will be made. a new
shaft has been started on the Globe
near the Johnnie claim that
Will tap a parallel ledge.
Work was started today by II. C. Sim
mons on the Battery group. This group
of mines lies to the north of the John
nie Consolidated property and has the
extension OF the Johnnie ledge. The
vein has been proven five feet wide and
very promising assays have been
attained, though at present development
is not far enough advanced to give an
estimate of the worth of the
property.
The Johnnie Consolidated company is
gradually increasing it's crew and now
has twelve men working underground.
Work has been started on a new shaft
will extend the old shaft, now
running from the 800 level to the 700
level, to the surface. All the lower
levels are in ore which speaks we'll for
the prospects of the camp, as many of
the leading companies are working an
of the Johnnie ledge. In the
Johnnie property the values increase
with depth.
The property is equipped with an en-
tirely new blacksmith shop, new forge
and tools. The men are sinking the new
working shaft which is being driven
through a good ore body which contains
some shipping rock.
The Leadville-Johnnie is constantly
improving and bids fair to become one
Of the leading properties of this district.
Samples were taken at random from
the sacks which are being prepared for
shipment and they have verified the
former assays, averaging 20 per cent in
lead, 20 ounces in silver and from SIS to
So in gold. The gold values of the lat
est assays are a little better and it is
noticeable that the gold values have
gradually increased with depth.
on the Bowler lease No. l shaft has
broken through the ground that conf
meets it with a drift from an old shaft
known as the Minnie Mae shaft. The
shaft is equipped with a gall
frame and hoist and the ore as it
IS knocked down will be raised through
this shaft, the No. l shaft will be used
in future for purposes of ventilation.
will now be done and as there
IS a rich ledge here some sensational
strikes as those made last month will
undoubtedly be repeated. c. c. Beau
rogad has struck rich shipping rock al
most at the surface on his lease. The
Frost-Rathborne lease is extracting
good ore, some of which will leave a
nict margin after shipping.