Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-10-12
SHIPPING VALUES
On The SURFACE
STRIKE ON THE STEINHEIMER
SHOWS TEN FEET OF PIC
TURE ORE.

the start, with an average value at
the smelter of 1854 per ton, a divi-
dend of ten cents per share within
eight months, and four such divi-
dends, aggregating $500, 900, within
eighteen months-when this young
camp gave to the mining industry
such a producer as this, the record
of mining was broken and a new rec
ord established.
What will the mining world say f
We do it again?
Is it possible that the world-beater,
for production, can produce another
mine to maintain such a record for
production and dividends?
The answer is that once having
eclipsed the rival camps in this re-
spect, the slogan of Fairview is
Nothing impossible for this dis
trict.
While we cannot predict another
Nevada Hills for the camp, in view
of this slogan, we must admit that
the latest surface strike of the camp
is equally as good as the one that
caused a treasury fotation of $4,000
shares at $1.00 per share to be ten
times over-subscribed within one
week. Looking backward the differ
ence between the latest sensation
here and the Nevada Hills of the pres
ent is but eighteen months Of time
to develop and take out ore for divi-
dends.
The Mizpah claim is now the cyn-
osure of all eyes.
Two and %one-fourth miles due
south of the Nevada Hills, lies the
mining property that may become its
rival royal. We know what the Bon
ANA of the camp has done. We saw
the management take from a surface
cut and ship carloads of ore averag-
ing 1874 per ton at the smelter, to
be followed by hundreds of carloads
as the ore shoot was followed down.
That is a real grass-root mine. Now
W. cannot say that the Mizpah will
do this. but we do know that it looks
like a Nevada Hills today. The
ground broken ten days ago, and an
ore shoot has been opened at the
surface. so rich in values as to make
II possible to sack $500 ore today.
From no other property in the State
but the Nevada Hills has such ore
been taken from an ore shoot bullying
at the top of the mother earth.
The discovery is on a strong ledge
that has the characteristic strike on
the lodges of the district-northwest
and southeast-almost entirely across
the Mizpah, at an angle which gives
that claim eve hundred feet of the
outcrop. The vein has been opened
at several points, and at each the ore
is so extremely rich, the shoot takes
such a permanent form at the sur.
face and is so large that the discovery
has taken rank with the Nevada
Hills strike, and bears every indica
ton of yielding shipping ore from tn,
top of the ground down. AT its wild
est point there is two feet OF higl
grade ore, with a EHata of tale ant
gangue matter on each side: tn,
gangue matter is filled with scatter
ed soft quartz; a bromide of silver
running in values thousands of dol
lars to the ton; the vein itself il
strictly sulphide- quartz, and tn,
plentiful specimens, brought int,
camp by the sackful, have create,
a sensation not surpassed by any ex
element in the history of the camp
II is not in the least to say that tn,
Mizpah can sack and ship ore today
Notwithstanding that the deepest hol
on the property is less than u feet
assays from the fissure vein, for it ap
pears to be a characteristic true frs
sure, run anywhere up to $500
while the average across more thai
two feet runs $500; 1t is no troubl
10 pick specimens of the bromide or,
that will go $4,000 to the ton.
The discovery was made by San
Watkins, who undertook the surfac
prospecting of the Mizpah and Al
lanta claims, the two that form tn
group, on an agreement that h
should show $40 ore in place. T
say that he has given the owner
more than he promised is drawing
mild. As a result of his work he vii
have a substantial interest in a pror
erty that has a surface showing equa
to the Fairview mine that has mad
seven millionaires of its principa
stockholders.
The Mizpah and Atlanta were 10
Gated by one of the owners, OFT
Steinheimer, on the 23d of February
1906; the other interested parties ar
Frank Steinheimer and VIM. finger
all at present citizens of this camp.
1t is a significant fact that the Miz
pah is owned by men of means, VIII
can develop and control the propert.