The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-04-13

Gold1eld Columbia,
Ruby Hill,
keystone tKnickerbocker Mt,
Bullfrog Jumbo.
Grandma.
Goldheld Eastern,
GoIdfeld Diamond.
Ida Porto Rico Consolidated.
Kawich Mountain.
Kawich Gold.
Kawich Mining OF Nevada,
T~onopah-Aloha of one Mt.
Prudential Nevada G.. NJ. Co.,
Golden Bee, Goldfeld.
w. a.. c., Glenmore, ont.-The North
American Development company is n
of many companies owned by Marshall,
Ellis & Co., Of Denver, Colo. This firm
operates under many names, and its
process is too involved for us. There
must be some peculiar advantage in it's
methods. as il seems to be able to sell
stock in valuable mines and prospects
for one cent a share, to be paid in in
stallments. As most promotion houses
estimate that the cost of promotion,
i. e., advertising, printing, office ex-
penses, organizing. ETC., comes to a cent
or more on every share sold, there
would not be much left for the develop
ment OF these valuable" prospects and
mines. However, this company's OBJ
jects may be entirely worthy, although
it's Methods might reasonably be ques-
toned. This is an age of ingenious
financing.
J. T. r., San Franoisco-Referring to
your inquiry about Butte-Goldfeld:
The company's main working is a tun-
mel driven 700 feet into the hill on a
vein which has been crosscut at seven
places and reveals a width of from IL
to 20 feet. The face of this tunnel
gives a depth of 400 feet. Samples
taken from many points and in the
crosscuts, which have been opened up
on the ore bearing vein, give a value of
from $40 TO 1856. with a general average
of SIS per ton. The vein has also been
proven from the top of the hill by a
100 foot shaft. At the bottom of this
working a crosscut has been run IL feet,
disclosing the width of a vein which
gives an assay average of $50 straight
across the IL feet. A survey has been
recently made for the purpose of rum
ming an upraise from the unnel TO con-
meet with the shaft. which will make
possible the economical operation of
the mine and a perfect circulation of
air through its entire workings. This
same vein has been proven at another
point on the property by a 200-foot
shaft. In the bottom of this shaft a
crosscut has been run across the vein
and n general assay value of this second
shaft is s36 per ton. The company has
completed ali arrangements for the IN
struction of a mill to treat the i'm
mense product of this mine. Wood and
water are plentiful and milling opera
lions can be carried on very cheaply.
p. s. c., Laquin, Pa.-The Penn Me-
vada company has properties in the
Montezuma district and is largely
owned by Williamsport. Pa, people. The
ground is located within a proven ter
ritory and is being developed by a 40
foot shaft. The Homestake Golden SUM
NIT grounds adjoins that Of the Penn
Nevada company and is also owned by
Incorporated in February and is being
developed under the management of S.
r. Thompson. Coco assays have been
returned but no shipping ore so far.
A. g. T., Pittsburg.-Goldfeld Hub
owns the Bee fraction, a good piece of
property. but no ore to speak of as yet.
The Goldfeld Coming Nation has not
developed a pay mine. and no present
indications OF one,
p. q. D., Mobile, A1a.-Your questions
are entirely too general. We have no
space in this department to go into the
history of the camp or the economics of
mining. If you have been a constant
reader OF this paper, you would find
most OF your questions answered nearly
every week in some form or another.
As you say You are coming here in a
few weeks. think you can get the in
formation you van in a very short time
and more 10 your satisfaction than we
are able TO give.
d. c. g., San Francisco.-We have had
numerous Inquiries regarding Kawich
companies but are unable to give any
satisfactory reply. The names of com
panies are so similar that considerable
confusion has resulted, and we have not
been able to discriminate. In a general
way Kawich district is not very active.
A couple Of years ago several companies
were organized to operate there and
some OF them were fioated by promotion
HOUSES WHICH nave since gone out OF
business. Only one as far as
our knowledge goes has ever shipped
any ore The chief difficulty with that
district is the scarcity of water and
timber. Water costs as much as SIS per
barrel. Will endeavor to give more de-
tailed information in a future issue.
L. z. H, Montpelier, vt.-Although
we have frequently answered queries re-
garding the Goldfeld Century Mining
company, because of the numerous in
~quiries constantly being. received we
will make one further statement. The
Century Company owns the london
derry claim in the southern part Of the
Goldfeld district, about three miles
south of the Combination. Florence and
Jumbo. The nearest producing mine is
perhaps one and one-half miles distant.
The company Is working the London
derry and has spent in the neighborhood
of IS, 500 in sinking and drifting. The
development consists of a shaft so feet
deep and about 200 feet of underground
working. Three men are at work on the
property prosecuting and drifting and