The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-06-23

Fairview. Nevada, for several obvious reasons,
offers the most attractive point for conservative
oonital that can be found by the investor. When
n considers that this district has the remarkable
record of not having a single failure where a mine
has been sufficiently developed. the most timid cap
ital is attracted to this fortunately situated camp.
This newly discovered camp is Nevada's latest
neurological wonder. Its ore bodies are only COM
parable to those on the great Comstock lode near
virginia City. The Comstock was a synonym for
richness in the COS, and was regarded by geol-
opists as unique in that it's ore bodies were the larg-
est rich lodes of ore ever discovered. The yield of
the Comstock is supposed to have exerted a seri-
ously disturbing influence on the monetary system
of the civilized world, and its treasures have been
exploited with an unexampled ~rapidity.
According to eminent biologists the Comstock
lode is a true assure vein, or a vein formed at a late
geological period by some great volcanic convulsion,
causing the crust of the earth to be rent in twain.
thus creating an immense fssure or chasm several
miles in length and extending downward at an angle
to an DEPTH. The predominating
metal Of the Comstock lode was silver, which consti-
tuted about two-thirds of the value of the bullion,
but as greater depth was attained the proportion of
gold increased and now forms one-half the value of
the bullion.
The exact yield of the Comstock lode will never
be known, and although the statements compiled
from the most authentic sources and records OBJ
tainable place the total bullion produced at 100000
900, yet there are other estimates privately recorded
that place it's yield at more than $3.50, 600, 900. Two
of it's richest mines in the height of their prosperity.
the California and the Virginia, EACH distributed
every month for a period of two years. ~s1,0S0,000 as
dividends to it's fortunate stockholders.
There have been many mining districts in which
large bodies of ore carrying precious metals have
been found; in almost all of these the ore has been
Of a very low grade and frequently improbable to
work. The Comstock lode and the Fairview lode are
comparable in that very large bodies of VERY
RICH ore have been discovered.
For Centuries Fairview's Treasure vaults Have Been
Waiting for the Hand That Would
Unlock Them
This rev and wonderfully rich camp is located
at .he base of Fairview Peak, in Churchill county,
Nevada, As miles from Fallon and so miles south OF
HAGEN, on the Southern Pacific. For more than ~
yeal it has been known to be a highly mineralized
section, but until three months ago the ledges, from
whence came the rich float, were not located. The
old Comstockers thoroughly prospected this coun-
try, but failed to prospect the repans. For TINS
reason they passed over the rich deposits. The old
overland stage route travelled by thousands OF argo-
nauts in the days Of 40, cuts this district squarely
in two, and it has remained for the latter-day argo-
nauts to uncover and develop the wealth of its hills.
The first discovery was made upon the property
now owned by the Nevada Hills Mining Company.
About the time that the first discovery was MADE,
a number of Utah capitalists were present In camp.
Before any development whatever was done, they
made the fortunate prospectors an offer of S25,ooo
cash for their prospect" This they foolishly &C
cepted. The money was Immediately forthcoming
and active development work was at once instituted
by the new owners. With every round of shots the
extent of the find grew greater, and the reports
which came from camp were impossible OF belief.
With a large force of men and ample capital, 1t was
out a short time until this Nevada Hills ledge was
opened on the surface for a distance OF 500 rect
along its apex.
The formation is andesite. rhyolite and porphyry
with large quartz veins intersecting same. These
veins have a general easterly and westerly course.
and dip to the south (see map) 1t seems to be a
general fact that the ore in these large lodges fol-
lows the foot wall and does not extend for the full
width of the veins as the most of them are over 20
iet wide. Some of them are $50 feet wide, and are
uaceahle with the naked eye for a good many thou-
sand feet.
me ore chutes in these veins are very strong and
conunuous. The ore chute on the Nevada HIS prop
er' IS LOO feet long. averaging three feet In WIDTH
NJ they are now sacking ore from different points
aiong its length that averages over $3.50 per ton. On
, Wingfield property, which adjoins the Nevada
ans property on the north, an ore chute is opened