The San Francisco call., 1907-02-24
TELLS GLITTERING STORY
Consolidated Company Issues Statement
Involving Great Gold Production

! involving Great Gold Production
GoLDFIELD, Feb. 23.-Two half
nlled sacks of rich ore remain in one
I OF the slopes of the Frances Mohawk
! lease, having reverted to the Consoli-
! dated Mines Company at the moment
when the whistle blew at IL o'clock on
/ the night of January Z. marking the
J expiration of the lease. But a few
hours before this another of the rich
! lenses of ore had been opened in the
lease, but too late for the lessees to
profit by the find.
A statement Issued by the Consoli-
/ dated Company shows that If it DOS
/ sessed only the Mohawk mine 1t would
still have the richest gold mine in the
! world. Beside the famous record break
er, the company owns the Red Top,
! Jumbo, Laguna, Combination and the
Goldheld Mining Company's holdings.
All of these are producers Of rich ore
excepting the Laguna, upon which a
body Of the high-grade rock has been
! opened at a depth of 400 feet by a dia-
mond drill.
The Combination has paid nearly
J S1,00O000 In dividends and the ore re-
serves of all these mines are tremen-
dous. The Red Top has the largest
/ body of gold-bearing ore in the district
and the workings are just reaching the
/ sulphide zone, where the richest values
] 1AO AOA4lA- Inc JUMBO mas immense
bodies Of rich ore and the Laguna will
in due time be in the list of shippers
/ The company will erect an immense
! mill and reduction works to treat the
/ ore from these mines
The report covers the product of the
nine leases on the Mohawk No. . claim,
which expired on January z, showing
that its record eclipses anything in the
/ history of mining. The ore was taken
! from an area of approximately three
acres. the richest piece of ground
/ known to the mining world. The bulk
/ OF the ore was extracted during a
period of i've months following August
1, 1905.
OF ore for which no settlement has
yet been made, there remains from the
! Hayes -Monnette lease forty cars and
] several cars from the Frances Mohawk.
| the total valued at 100000, besides a
! large amount of lower-grade ore on
! the dumps consisting of several thou
sand tons of milling quality, which will
! bring the total output OF the leases up
TO SS,OOO,OO0, nearly all of which was
mined in six months
The average value of all the ore. of
which all excepting some of exceptional
richness was broken by machine drills
and loaded into freight cars without
sacking, was 1925 per ton-another
I worlds record. During forty-nine days.
I from November 90, 1906, to January 7.
1907, the production of eight of these
leases was $2,765, 1867, an average of
S51,3s0 per day-also a worlds record.
Exclusive of the forty cars from TIE
Hayes -Monnette, several cars from the
Frances-M Mohawk and the ore still on
the dumps, for which no settlement has
been made, the production of the leases
is as follows: Dry tons, 54,36S; gross
value, $6,S41,095.69; net value. S5,3O7.-
Ss2.el; royalty s1,194,27423. The nine
Neases on the Mohawk, given in the or
Ter of their yields, are: Hayes-Mon-
aette, Frances-Mohawk, Oddie, Mohawk
Leasing and Development Company
CTruett lease), Kalfus, Mohawk Lease
Company Mackenzie No. l, Curtis lease
and the Begole Syndicate lease.