Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-06-01
JEFFERSON CANYON
Mines ARE SOLD

charles ]. kanrOnat, mas Deen sold
= L. A. Shockley and associates.
Mr.. Stockley has hsd an option on
the property for the past three
months for the purpose of examina-
,ion. and during that time it has un-
dareone the most rigid test, has met
tbe necessary requirements and will
soon be numbered among the great
nroducers of Nevada. 1t has been no
ANAL undertaking to examine this
property on account of the numerous
drifts and tunnels with over 1000
toms Of milling ore blocked out and
the immense dump, the result of
thlrty-four years of continued de-
yelopment work. Mr., Stockley has
not only satisfied himself as to the
merits of this property, but in order
to place 1t properly upon the market
has had 1t exported by such mining
men as Bert Deleray, George s. Hop
klns, j. l.. Wilson and Waldo J..
Clarke, whose reports are most fat
tering, indeed.
For thirty-four years Mr.. Kanro-
hat has been a central figure in the
mining operations Of Jefferson. In
the fall of 1873 he located his Sierra
Nevada group of claims, after hay
ing spent two years working in the
old Jefferson mine, which was one
Of the richest producers ever known.
During the few years preceding the
demonetization of silver the Jeffer-
son mine was worked thoroughly. In
eighteen months time over $4,000,
900 in bullion was shipped to the
Bank Of California at San Francisco.
one shipment of bar silver being 450
bars valued at $4,000 each.
II was while working on the JEFF
ferson property that Mr.. Kanrohat
discovered the rich surface showings
on his Sierra Nevada claims. Aftec
sinking a twenty-foot shaft In the
new strike he was offered $50. 900
for the property. This was refused
100000 being thu price asked BIZ
the fortunate owner. In speaking
Of the matter the other day, Mr..
Kanrohat said that undoubtedly had
be been offered the 100000, his
price would have doubled immedi-
ately. Nevada was the bright par
ticular star of the mining armament
at that time. Comstock had cleo
trihed the world. Silver sold as high
as $l,29 an ounce. Money was
easy, and Eastern capital was anx
ious to take hold of the gilt-edged
Nevada stocks. Then came the
crash Of the California bank and the
suicide of Cashier Ralston, a blow
which was felt all over the Eastern
coast and which was especially dis
astrous to the mining interests of
inc state. Following closely on the
neels OF the financial furry which
resulted, came the sudden effects
Of the decentralization of silver. Many
u the largest silver properties were
Closed down at the time. Active
WORK was suspended by the company
AZ the Jefferson mine, but Superin-
'endent Lou Hanchett took a work.
lus oond and in the summer of 1879
'ook out $4,000 in ore.
mat was principally the last work
q any Importance in the Jefferson
uiStriet until James l.. Butler dis
Vosered the wonderful mineral de-
pOslts Of Tonopah in 1896.
During all these years, however.
~i' honrohat vas diligently digging
away at his Sierra Nevada mines.
s'"Aing' drifting, crosscutting. stop
Jug and always blocking out the big
uOuies OF ore which have enhanced
= iame OF that wonderful property.
! Tue thirty years that Mr.. Kanrohat
! peeh working his mines, he has
tipped ore to all tie big shelters,
'Hne MS milling ore went to Bel
u' ana ophir canyon. His re-
UHs nave neve been less than $3.50
y, Ton and have gone as high as
wv One shipment to Austin went
s'O' 10 silver and $40 in gold. Thir-
1--WE dollars was paid for the
V,snting and the mill charges we're
49, more Nothing was paid for the
So'u and only so per cent for the sill
~ mus leaving s2S1.2o net TO the
upper. The present improved
~ s'uods Of treating ores and increas-
~ 'ne price of silver have changed
respect. 'n'
.i'u the coming of railroad trans
.'atlon facilities will be SO much
a. ef that a much lower grade Of
can be shipped with profit.
,Ao ~ the Sierra Nevada property
o 0rs'e IS 100000 worth Of work done.
ana l''ie of tunnel has been driven
|1A lnnT0 49,