Los Angeles herald., 1906-02-27
INTEREST IN MINE
BRINGS $4,000
LARGE SUM FOR lNY0 COUNTY
PROPERTY
Los Angeles Men the Purchasers and
$1,ooo,ooo Company Will Be
Formed to Carry on Exten-
slve Development Work

Pete Augerbury, companion prospec-
tor of Shorty Harris, the famous dis
coVerer of the big strike in Inyo coun-
ty, was in Los Angeles yesterday,
closing the sale of an undivided half
interest of certain mining claims sit
uated in the Panamint range, owned
by himself and associates.
After the great discovery in the Wild
Rose canon last August, and the or
ganization of the Wild Rose Mining.
district, Augerbury and Harris divided
the STRIKE" each taking half of the
surface groupings. 1t is the undivided
half interest Of the Augerbury hold
ings in this property that Augerbury
and his associates, MeSsrs. Flynn and
Levi, have now sold for the stated
price of $4,000 The purchasers, who
are Los Angeles men, have organized
q stock company with capital of
81, 900, 900.
The new owners, aside from paying
the $4,000, have guaranteed to put on
three eight-hour shifts at once, and
continue the development until 5000
has been expended.
After this is accomplished they are
to install ten-stamp mill, and to pipe
the water to the mine, all of which
will mean an expenditure of about
$4,000.
The Wild Rose Mining district is sit
uated about thirty miles northeast of
Ballarat, Inyo county, in the Pana-
ment range.
on the Shorty" Harris side of this
strike, there has Just been completed
n cross-cut $50 feet in length, of which
116 feet was solid ore. The balance of
the tunnel was run in country rock,
interspersed with small veins OF ore.
From numerous samples taken across
the tunnel at regular intervals, the
assays show an average of $50 in free
gold. The groupings showed width
of sixty feet and assayed in some in
stances as high as $1,000 free gold per
ton, with small values in silver.
This has been pronounced by ex-
perts from San Francisco, Bullfrog
and elsewhere to be the largest and
best surface showing ever discovered
in any part Of the world. The ore is
sugar-quartZ, easily crushed and
milled over 1900 locations have been
made in this camp since August, 1905.
Water at present costs 81 barrel, and
comes from distance of four and one
half miles.
Purchase Twenty-three Claims
The Golden Key Mining and Milling
company an organization of Los An
geles men, has recently purchased
twenty-three claims from e. f. Roster,
J. r. Ingram and Others four of which
claims adjoin the Harris-Augerbury
strike on the east.
A shaft is being sunk ABOUT forty
feet from the east line of the Auger-
bury property. They are down eighty
feet and are Fastening developments
as fast as possible. Owners of other
claims in this district are expect
ing to start development work in the
near future.
Clean Up About $4,000
The "Clio" Gold Mining company at
Chinese, Tuolumne county, will make
their first cleanup from their ten-stamp
mill on the 2Sth, after run of thirty
five days. They expect to clean UP
about $4,000.
The Avelina Gold Mining company,
which has lately opened offices in the
German building, is the possesser of
a promising group of mines situated in
the Alamo mining district Lower Cali
fornia, about 100 miles east Of Ense-
NADIA The famous Aurora" mine, be-
longing to Maj. Russell of this city,
is in the same district. At their Of
fees is found the finest display of
quartz carrying free gold seen for
many days.
Joe Coyote discovered this property