The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1907-11-11
MINING, MARKETS AND METAL

ing fine lead ore in all of them. The
Mary has fine ledge of copper ore
opened to considerable depth which
carries up to 43.6 per cent copper
in addition to strong lead vein
about 900 feet higher up the hill
from which shipping ore is being
sacked. The October adjoins the Ne
vada patent which was recently bond
ed for $4,000 and which has 10000
tons of ore in sight, the value of
which was not recognized by the for
mer owners though tests have shown
it to carry 76 per cent lead and some
silver This same ore body has been
opened in the October where it is
expected development will prove it
to be as valuable as in the adjoining
claim. The Nevada No. 1 has not
been as thoroughly prospected as
some of the other claims but the
surface indications are very encour-
aging and when followed deeper will
probably result in finding pay ore in
shipping quantities.
The Buffalo has some of the best
showings of the group and from shall
low prospecting done in the past few
months about three car loads of ship
ping ore has been sacked that will
run from 40 to 60 per cent lead and
Is to 80 ounces silver to the ton.
The ore body will be tapped by levels
run from the main shaft now going
down on the Fraction not far away
and made ready for extraction in the
spring.
The lumber and supplies now on
the way to the property are for the
erection of permanent buildings on
the group and for the completion of
the shaft which has been started on
the King Fraction where the winter
season will be spent by a force of
miners engaged in sinking the shaft
and opening three levels in the ore
ledge in readiness to commence reg
ular production in the spring Man.
ager Hunt expects to have the mine
by that time to point
where a steady production of 1000
tons month can be maintained
while the work of further develop
ment of the mine will continue with
out interruption. AS fast as devel-
opment work on one part of the group
is we'll established, other workings
will be started and made to add to
the production of the group and in
less than a year this group will prob
ably be the largest shipper in the
district.
The company is headed by w. A.
Leonard of the Ely Mining Record,
as president, with A. B. Witcher,
cashier of the First National bank
of Ely, secretary and treasurer, and
S. +. Hunt, general manager. These
men are all experienced in mining in
various parts of the country from
Alaska to Mexico and are well fitted
to direct the business affairs of the
company for the profit of the share
holders. Mr.. Leonard is well versed
in mining as followed in the gold
and copper camps of the southern
Mr.. Witcher has "mush-
ed" it through Alaska where he was
in mining and has had ex-
perience in the western states; Mr..
Hunt is qualified geologist of high
who was formerly superin-
tendent for a number of the largest
companies in Ely and has had many
years experience in successfully de-
veloping and operating large mining
and will personally direct
all the work to be done by the COM
pany, which is the best guarantee
that can be given of quickly placing
the company on a dividend paying
basis.
The company is incorporated for
1 100000 shares of a par value of
one dollar each full paid and nom
assessable and starts out with good
cash balance in the treasury and a
clear title to its holdings.