The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-01-19

=. II. y, Nashville, Tenn The prop
erty of the G~reenwater Black Jack cop
per company was one of the first located
i'm the Greenwater district and embraces
four hull claims. III. IT. Bragdon is
president and other officers include N.
II. Truett, Harry Hunter and Judge Bar
tine, all of Goldfeld. Development
work is proceeding continuously and
one shaft has reached a depth of around
so feet: there are also several other
shafts at various points down.. The
property endlines the Greenwater Linn
tied Copper company and is in the GEN.
ter of the holdings which nave gone into
a big new consolidation of the best ter
ritory. Little stock held outside OF a
small circle of Goldfeld people. 1t sells
on the market at about so cents.
?. J. H., Albany, y. Y.-The property
of the Palmetto Mining and Milling
company has been idle for the past six
| months on account of lack of funds. The
company states that 1t may be some
months before sufficient cash can be Sc
cured to enable it to resume work. The
| stock has been offered for the past year.
About 900 or 400 fet of work has thus
far been lone on the estate. the greatest
depth yet attained being rs feet. One
of the claims has produced some lead
silver ore. The prospects for success
would seem favorable were development
work steadily prosecuted. The Big Elk
Mining comrany's holding is located a
considerable distance from the proven
ore zone of Goldfeld.
9. w. D., salina, Kas.-The Heart of
Goldfeld was originally a property of
ID. Mackenzie & Co, but hat firm has
severed connection with it and II is now
managed by j. b. Pratt of Goldfeld.
Goldfeld Madonna has a large acreage
In the eastern part of the district.
Considerable development work has
been done and assays as high as $50
nave been obtained. A four-foot vein
is showing in the workings. Fair mill
values have been encountered in the
Red Butte property. which is situated
between D~iamondfeld n the Sand
storm.
". g., venedy, Tlls.-The Goldfeld
Consolidated Mining and Milling com
pany is an Arizona corporation. CAPT
talized for two million shares at a par
value of 81. Half the stock is in the
treasury. 1t owns the Florence fnot
the famous mine by that name), the lilo
and the Colorado. all in Goldield dis
trict. The holdings comprise so acres.
Development work has been carried on
by means of shafts. The exact amount
of work done and the present showing
of the property can not be given accur-
ately by this paper at present.
r. G. C., Newark, N. J.-Although the
stock you mention is nearly one dollar
lower at present than the price 1t once
reached during a temporary boom, it Is
steady and well thought of. being al
active trader. No ore of quantity has
at work and the indications are favor
able for a strike. AS soon as a body of
ore is encountered the stock will UNI
doubtedly be in demand for more than
the price you mention.
L. O., New York City.-It is impos-
sible to tell you the character of the
firm named. Its reputation" is good
and it's standing unchallenged. The
senior member is a native of Nevada
has lived long in Goldfield and certainly
should be a fair judge of a mining
property.
J. r. W., Elmira, n. Y.-The Tonopah
Goldfield Trust which operated
here a year or two ago, but removed to
Gold Center, promoted the Goldfeld
Diamond company. Some work has been
lone on the property. but no results
worthy of note are recorded.