Los Angeles herald., 1906-04-15
BELIEVES HE HAS STRUCK 4
BONANZA 4
Says Ell Dorado Consolidated Conn.,
pany's Holdings Are the Best
4 Ever Opened Up In South
/ ern California

throughout the country as an exper-
fenced mining man and one who has
never misrepresented any venture with
which he has been connected.
During his twenty years of active life
in the mountains he has organized five
successful mining companies.
Continuing, Captain White said:
Pretty strong talk, youngster, but I
believe that 1t is so just the same and
I'll say further that the strike came
at time when / needed something to
jolly me up a little You probably re-
member when the Ell Dorado Consoli-
dated Mining company was organized.
Well, that was my latest and it didn't
start out just right, either.
why? Simply because, a blunder
was made in the assay of the ore from
the mine which did not show up as
well as many expected. Many of those
who purchased stock in Ell Dorado Con-
solidated got cold feet and to prove
to them that I was confident that the
mine was a good one 1 placed sufficient
money in the Broadway Bank and
Trust company to cover every share
Of stock sold and then notified every
shareholder that it was up to them to
cash in if they so desired.
MANY did so. Others didn't, and we
kept plugging along at development
work that fully proved that the mines
were good.
Just about this time Dr.. Stephen
Bowers had his attention called to the
mines and he went out and fully In
vestigated the proposition. When 1
say fully I mean just that, for as
geologist, DR.. Bowers is without SUI
perior.
Upon his return to Los Angeles he
made report to those interested IN
the venture which not only resulted in
the stockholders hanging on but in Dr.
Bowers coming into the company as
well. He is now its president.
How Strike Was Made
"Now as to the strike. About March
q the men working on the 200-foot
level commenced bringing up ore that
was just about as good as one could
ask for. Rich? Well, I should say so.
The rock was fairly filled with fine
gold and the queerest thing about the
whole business Is we have not been
able to find the pay streak It's all
good and will run from ninety to five
hundred dollars to the ton.
"How's that for a mine? We have
forty-three claims surrounding this
mine, which fully protects it from any
body jumping the claim, and you can
just bet that we are going to work that
mine for what it is worth. AS the vein
is practically inexhaustible, nobody can
even make a guess as to the value of
the whole mine.
"Will we put the stock on the mar
ket? Well, not as I know Of hold
100000 out of the issue of 100000 shares
of treasury stock and I'm here to say
that none of mine Is for sale and I
don't know of anybody else that wants
to close out.
IT have prospected all over the west,
helped build the first smelters and re-
duction works, and I believe 1 am
fairly able to judge a good thing, but
this one has me beat to a standstill
simply because was not looking for
anything quite so big.
II have been mixed up with some
very good mining ventures but they
were all babies compared to this one"
Comes From the Old School
Captain Jack White is one of the old
school Of miners and there Is nothing
of the "Scotty" type in his makeup.
Just plain, everyday, miner, whose
only wish is for an even break with
everybody.
Miners as a rule are rather conserva-
tive fellows and Captain White is no
exception to the rule, but in this case
he is enthusiastic and If the ore Is half
as good as he believes 1t to be he has
just cause for elation.
Other Big Companies
!. Beside the Ell Dorado Consolidated,
Captain White organized the Bullion
Mountain Mining company, the Gold
Park Consolidated Mining company,
with the stock at 81 per share today,
and the Oracopia mines, all good prop
ositions.
DIR. Stephen Bowers is president and
e. e. Selph secretary and treasurer of
the Ell Dorado Consolidated.
The mines are located twenty-five
miles north of Indio on the Southern
Pacific railroad and are approached by
a, fairly good road. Water in abund-
ance is to be had two and one-half
miles from the mines A smelter and
reduction works is contemplated for
the near future.
The following report of DR.. Stephen
Bowers will prove Of interest:
Mine of the twenty-nine claims I ex
amined yielded samples containing free
gold plainly visible to the eye, and
seventeen yielded Mornings Of gold
ore previous to its reduction in the
mortar. I obtained samples for assay
from all but seven claims. In the
thlrty-seven assays brought away an
average was aimed at, and the ore con-
tanning free gold was not included. l
feel sure that the assay values Will
fall below the average mineral wealth
of the claims rather than go above it..
DR.. Bowers reported at length on all
of the claims which he examined and
pronounced all of them good. This was
before the big strike.
Dr. Bowers summed up the salient
points of the Indio field as follows:
Many Favorable Features
II find more than the usual number
of favorable features in this district,
prominent among which I may mem
tion the following:
''It belongs to the older geologic for
nations of crystalline, igneous, erup-
tive and metamorphic rocks.
1.-THE veins, some of which bear un
mistakable evidence Of being true fis-
sure deposits (and development may
show nearly all of them to be so) ap
proach the vertical in position. All
but one or two, where sufficient de-
velopment work has been done to ac-
curately judge of their character, show
the veins at high angle of inclina-
ton.
''The veins follow the general course
of the mountain ranges, and all seem
to dip in nearly the same direction,