The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-05-04
LMETTO DISTRICT
Several Small sales Have Been Record
ed in Section of Late and MIN
eral Conditions Are Improving

Mining conditions in the Palmetto
country are daily tending to prove 10
the world the value of the mineral de-
posits and the opportunities that sec
ton offers for the investment of capital
with commensurate returns. Develop
ment of the various mines and pros
poets is progressing much more rapidly
o that fair weather prevails and all
indications favor a successful sum
mer's work in that r~ejuvenated desert
camp.
Hitherto there has been a lack of cap
ital for the proper exploration of min
eral bearing acreage. but his drawback
is being obviated and the effect of an in
fusion of money is already beginning to
be felt. A number of small sales have
been consummated recently and it is un-
that several Of much greater
magnitude are now on the tapis. New
strikes are the rule rather than the ex-
ception, and on all sides the defamation
of giant powder indicates where the
miners are searching for precious min
eral deposits.
One of the latest of the more recent
finds was made a few days ago on the
Jack Geurner property located about
four miles north of the town of Pal
metto. Geurner has uncovered a 4-foot
ledge that assays as high as $50 in gold
and $40 in silver. He believes he has
located the extension of the rich lead
which was successfully worked over
twenty-five years ago by the New York
&c Palmetto company on adjoining
ground.
nh Io44o, -,o1av tAa OoIro,,t
claim-is now owned by DIR. Bowes,
John Y. McKane and others. They are
searching for pay values in the old
drifts and crosscuts run out by the New
York people and are meeting with CON
siderable success. Surface prospecting
is also being lone to good purpose and
the chances strongly favor a resumption
of regular shipments from the old vet
eran of the desert.
The Mauli-Cornell tunnel on the War
saw claim of the Death Valley and
Palmetto company has penetrated the
hill a distance of 40 feet and the
lessees are now drifting IN the ledge.
Values are holding well as work pro-
ceeds and show a tendency to increase.
A few days ago assays taken at random
clear across the vein gave the following
returns: s1SS.2O; s142; s127,4o; sS6 in
gold to the ton.
Gillian and Harwood are installing a
within this week at the collar of their
combination shaft and as soon as 1t is
In operation will sink to a depth of 200
feet and prove up on an extensive scale.
Two crosscuts, each 40 feet in length,
have been run out from the 60-foot level
and are being utilized in the develop
ment of two strong, well defined lodges.
High grade assays are being secured,
but it will be necessary to develop
at greater depth before pay grade is
found in place. Some ore is being saved
as the drifts are extended and the
~lessees expect to make a shipment
within a short time.
A depth of 80 feet has been gained on
the Little Pearl lease on the Golden
Gate claim. The shaft has followed the
dip of the ledge all the way from sur
face and values ave increased from
grass roots down. At the 100-foot point
the lessees, Messrs. Lynch, Chase and
Ney, will drift and stope on the ore
bOdI