The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-03-16
PALMETTO DISTRICT
vaiuss as high a. saso to the Ton Are
Being Secured and the Lodges stand
well the Test Of Development

Ranorss Of the most satisfactory
character are coming in constantly from
the Palmetto country and indicates that
values are holding well under that Sc
verest of tests. development. and that
with depth the grade is in most in
stances increasing and the veins widen
ing with the advent OF warmer
weather mining activity Is becoming
more ronounc and prospectors are
arriving In the camp daily. The town
OF Palmetto is growing rapidly. business
houses are going IN apace and the Ter-
chants are all doing a thriving 2 on
stantly increasing trade.
The latest sensational strike Is at tne
lease on the Golden Gate claim.
AT a depth of IS feet ore of the largest
and richest lodges ever struck in the
camp is showing. The vein has held
an uniform breadth of 4 feet from sur
face down and an average gold grade
of $50 per ton. but a few days ago a
shot was put in to the lead next the
hanging wall and disclosed IL inches o.
ore carrying values Of more than $3.50
per ton. Several tons Of the high
grade have been mined since and sacks
have been ordered. 4 shipment Will be
made to the Columbia sampler within
the next week.
The shaft on the Callahan-Franks-
sweeney lease is down 80 fees and cross
cutting was taken up this week. The
last Is feet Of sinking was done off the
lead. but II is thought that but a few
feet OF drifting will be necessary to
AGAIN reach the vein, On the Walters
block. located about, thirty feet from
The Kane holding, the shaft is down
better than % feet on its a 70 the 90
foot point where drifts will be started
both ways on the ledge. At present
values range from $3.50 to $500 per ton.
Evans and Flynn are operating a
block adjoining the Walters lease and
are sinking on a i-foot vein at a depth
Of 90 feet. Sixty dollar paintings are
frequent and are becoming higher as
depth is gained. en- the Lynch lease a
whim has been installed and every effort
is being put forth to gain a depth of 100
feet at which point a crosscut will be
run out to the ledge.
The Palmetto Mining & Milling COM
pany. backed by Goldfeld capital. is
preparing to open up it's acreage both
on company account and by means of
the leasing system. One corps of lessees
-Messrs, Jones. Brown. Derby, Banks
and Rosenstrauch-is already at work.
Cther leases are to be granted at once.
I The Palmetto Lucky strike company
which owns a group OF five claims adj
Joining the Dixon property has had its
acreage surveyed and is preparing for
extensive development. 4 shaft is to
be sunk a distance of loo feet and the
yeir system proved up.
Pittsburg capitalists are developing
the conklin erou2 under favorable con-
ditions. Kenneth Wade is in charge of
operations. a strong ledge has been
encountered in an open cut from which
assays as high as $3.50 are secured. a
shaft is to be sunk on the lead and IS
to be lowered 20 a considerable depth
before drifting begins. Franks and
Devlin have secured a lease on a BLOCK
| of the Mary claim and have encountered
several strong lodges in surface cuts
They are now preparing to sink anf
develop the ground at a depth OF lot
feet.