The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-10-06
MINES N r
Weekly Review by F. N. Dorsey

The money in the treasury at
the present time. justihes another divi-
dend at an early date. Buy Frances
Mohawk as a permanent investment.
PALACE GoLDrTELD. These shares
have been listed on the San Francisco
exchange. The property is being ac-
lively developed. and the showing is
growing better with depth. A sampling
from the bottom of the shaft gave re-
turns of $3.50. Anothe lease has been
granted on the south end of the Rab-
bits Foot. and preparations are being
made to start work on company ac-
count. I recommend the purchase of
shares at the present market price. and
believe they will be selling on a par
with Great Bend Extension within the
next sixty days.
MADONNA. The showing on this
property justihes a higher price for the
shares. Several good assays from the
property have been obtained during the
past week, and development is being
pushed as rapidly as possible. But few
of the shares are offered on the market,
and they find ready sale. Buy Madonna
at present price and hold for ninety
DAYS. and you will make a good pro .
TRIANGLE. 1t would seem that tie
control of this property has now beea
secured by the Detch-Brewer Lease -
dictate. There can be but one reason fer
this move on the part of these people,
and that is they have found that the
rich ore they have opened on the Daisy
property goes into Triangle ground. We
advise the purchase of these shares at
the present market price. and expect to
see Triangle one of the regular shippers
at an early date.
GoLDrIELD RED KING. The shaft
on the lease of the Red King is now
down fifty feet, and the showing is en-
tirely satisfactory. Several mining en-
gineers of national reputation have b.
in the camp for the past few days, and
have made examination of Mohawk and
Florence properties. In conversation
with one of them, he told me that there
was no doubt in his mind but h the
same ore zone. from which the Mob ,wk
and Florence are shipping their rich
ores, extends on to the south. Florence
stock is SO bid. Florence Leasing, own
ing a smaller block of ground than the
Goldfeld Red King, is selling at soc.
Peer & Pugh and the January Jones
lease are shipping high grade ore, and
taking everything into consideration.
Red King at zoe, is the best buy in the
camp today.
ROUND MOUNTAIN. This camp is
entitled to more consideration than 1t
has been receiving. The manner in
which the man properties, that are be
ing developed, are proving up, and tie
production it is making, places it in a
class beyond that of the average camp
of it's age. Three men made a clean ="
of over $500 for one days work, but the
new process of dry wash" The amount
of ground that will prove profitable to
this method of treatment, cannot Dc
estimated. Two mills are in process of
erection. and it will oe only a short L =
before the production from this district
will be attracting the attention of the
mining world.
/ am interested in the Round Noun
tain Imperial, and consider it one of the
best prospects in the entire district. We
need money for development, and would
like to have you join us. If you are in
terested, write me, and / will give you
full particulars.
GREENwATER Rel BOY. The
original offering of treasury shares in
this ompany has been SO largely over
subscribed, that the management of that
company is now negotiating for another
Greenwater property. From now on
these shares will have to be purchased
on the exchange. The plant of machin-
cry has been shipped from Los Angeles,
and will be installed at an early date.
You may look for the same record
breaking development as that which
made Frances-Mohawk the marvel of
the mining world. l advise the purchase
of Greenwater Red Boy at market prices.