Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-01-19
CAMP
TO The FORE
CANDELARIA TAKING ON NEW
VIGOR AND OLD MINES
ARE BOOMING

Candelaria, Esmeralda county, Ne.
vada, with a record of $50, 600, 600
production in silver, was one of the
largest producers of the white metal
in the '70s and sos, but when silver
dropped SO low in 1898 all the mines
closed down. AS the price of silver
is going higher daily there is a pros
pect Of the resumption of work in
some of the famous old mines.
The Holmes Mining Company,
holding eighteen patented claims cap
italized for 10000 shares, and the
largeHt old producer is controlled
by an English company, of which
w. P. Bonright & Co. of Colorado
Springs are the home agents, and
London, Eng, the foreign office.
The company produced $35, 600, 900
in silver. There are about 400, 900
tons on the dumps that is said to av-
erage twenty ounces in silver and
$3.50 in gold. This mine was work
ed by tunnels and also through the
Northern Bell shaft, which is 500
feet in depth. This company declar-
ed dividends of 81 per share every
month for two years and so cents
per share every month for three
years.
The Mount Diablo Mining Com
pany, consisting of eight patented
claims, situated half a mile east of
the Holmes mines, was the next
largest producer, with a record of
$12, 900, 900. which San Francisco
persons control. There is c~onsidera-
able ore in sight. There are about
100000 tons on the dumps that will
average we'll.
The Potosi and the Bismarck min
ing Companies are separate corpora
tions, but controlled by one company
holding seven patented claims. These
are situated on Mount Potosi, about
a mile and a half west of Holmes.
They mined some wonderful ore that
milled as high as 5000 ounces in
silver and $3.50 in gold. There are
about $4,000 tons on the dumps that
will average about twenty ounces in
and $1.90 in gold. The COM
panies worked through tunnels and
did most of the stopping neal the sur
face.
The Georgia Mining Company mot
patented), situated about a quarter
of a mile north of Potosi, was the
last mine to be worked by the Hol-
mes people. They let it lapse and it
relocated by Frank Bartlett, who
was superintendent of the mine in,
the sos. He sold it to the Plat,
& Elder Company, which
is working it at present. The COM
pany has two shipments of forty tons
each, which run $50 ounces of silver.
$39 gold and 80 per cent lead. Thou
sands of tons of low grade silver and
copper ore are in sight.
The old thirty stamp mill owned
by the Candelaria Water and Mill
.ng Company, same stockholders
the Holmes Mining Company.
could be remodeled at a small cost.
There are two eighty horse boilers
stood cold water tests about
months ago and a 200 horse
power Harris Corliss engine in very
good condition. They ran about
tons of ore through this mill
hat average about so in gold, but
hey could not save the small values
It that time. The water is piped
rom the White Mountains, a dis
ance of thirty miles, conveyed in
ive-inch pipes. They have a reser-
-oir that holds co., 900 gallons. Wa
er costs about 81 per 1000 gallons.
Eastern capitalists are now CON
idering putting up a forty stamp
nil, using the cyanide process. They
AVE had men sampling the old
workings of the old mines and have
btained satisfactory results. Will
am Groescinger has sold his property
or 100000 to New York parties. 1t
) situated about four miles north
of Candelaria and about two
lilies from Summit Station, on the I
'onopah aRilroad. They have made [
wo shipments of eighteen tons each {
hat averaged $50 ounces of silver, j
IL gold and 80 per cen lead. They
ave twelve men working and it will |
be a large producer of lead ore. I
Another property located near the /
'roescinger (now the Humboldt) G
roperty is the Candelaria Queen. g
pom which development work is d
ow being pushed. Rich ore bodies 2
been opened up in several
aces on the claim, and the owners