The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-23

ago, In reference to the Wellington As
ISOLATION ground in this state. we said
that while we did not kno just what
had been done, did not think they had
much work on their claims here as 1t
was not their policy. From their own
literature we were given the impression
that the Wellington Association was or
ganized to locate. buy and sell claims.
and not spend the none of the corpora
tion in mining. AS to h particular
properties in question. however. we have
since discovered that the company has
done some work. We learn that the
Wellington people bought a Fairbanks
gasoline engine and hoist and put II on
its property at wellington. Nevada.
sunk a shaft 126 feet and got some fine
pieces of free gold. with indications of
opening UP a good property. They sunk
another shaft about SO feet and have
trenched the property from one end to
the other showing up good veins all
through the property and they have
since put the property out to leasers.
men who have lone suflcient work on
the property to know its possibilities
The wellington Association organised
the wellington Goldfeld Mining COM
pany on this property and spent the
received from the sale Of stock
developing the property. 1t proved
slower work h was expected and SC
1t was turned over to leasers at fair
royalty. There has been spent on the
wellington, Nevada. property more than
325, 900. In addition to that the Well
ington system is now doing some work
at Montezuma, New. where they have a
good vein of ore.
Il. \. T., Brown City, Mich. The Ne
vada Champion is a copper property at
Luning, formerly known as the Santa
Fe district. The management Is first
class and the property showing up well
Considerable work has been done both
in underground and surface prospecting
and several carloads of ore shipped
which gave handsome returns. The
property is surrounded by excellent
prospects, all working. Gerioux, the
pioneer of the Ely district. is doing ex-
tensive work. as well as Posey. ct al
The Champion has the appearance oil
making a large mine.
", A., Corona, Ala. The Amalgamated
M. & L. Co. has no lease on the Velvet
but did have on the north end of the
Mohawk No. 1. This lease has been
forfeited, however, the company run
ming out of money and there is a suit
against the company for o $4,000
we understand. for labor performed
Your. stock in the Fairview Eagles Nest
NAV turn out to be of much value
There is a lease on the property that is
producing good ore and in quantities
and there is every indication of a mine
1t adjoins the Fairview Eagle which is
one of the best properties of Fairview'
r. I. r, York. Pa. The Nevada Leas-
ing has gone completely out OF
existence. The vas formed
to operate a certain lease. 1t spent a
great deal of money upon this lease and
the time limit expired without finding
ore in shipping quantities. although
punches of rich ore were found at in
~tervals. The lease having expired. II
was given to another individual who or
ganized the Nevadan L. & M. company.
The Nevada Leasing company has no
equity in the lease whatever.
Z. q. D., wheeling, ". Va The
France-Mohawk stock Is all right and
there is plenty of money on hand to pay
several quarterly dividends. 1t is not
our policy to advise when to sell OF
when to buy any particular stock; II
would be assuming too much response
bility. We endeavor to give subscribers
the facts and then they must act upon
their own judgment.
View Yorker. Dinghampton, y. z. The
Desert Wonder is located in the Wonder
district; has large acreage well located,
not far from the Spider Wasp group.
Property differed by well known and re-
sponsible men. Not a great deal Of work
done as yet. but property will be thor
oughly ~prospected this coming year.
Would say that 1t would be a good stock
to hold on to.
o. =. O., Saginaw, Mich. Have no data
on the Tanawah Gold Mining company
at Sweetwater. Send us any literature
you may have, names Of officers. ETC.,
and we will investigate. The newly or
ganized Nevada Goldfeld Lease COM
pany should be a strong concern. 1t
has combined some of the best leases in
the camp, has over $50. 900 in the treas
ury, and successful management.
3. K, Houston, b We have repeat
eddy referred to the Kansas City COM
pany leases. in these columns and we
ask you to look up the files and examine
the query columns. We can't keep an
questions about the same prop
critics every week. In a word they have
at least one excellent lease with good
prospects Of getting pay ore. They
have done considerable work and spent
lots Of money and seem to be well pro-
vided with cash. The Velvet lease looks
particularly promising.
". J. X, Yairoaks, Gal. The Mohawk
Florence has forfeited Its lease to the
owning company: 1t suspended work
after paying one dividend. There is
$50, 900 in the treasury. but this
money is to be put into h treasury of
a new formed to consolidate
several others Of the Arm of Robinson
and vickers. Stockholders in the Mo-
hawk Florence will get stock in the new
consolidation. Write Robinson and
vickers. Goidneld. for further informa-
4. q, Los Angeles. The Greater Ne
vada Goldneld company has property on
mountain. A shaft has been
sunk to over 200 feet and prosecuting
and drifting has been going on for some
time. Some splendid looking o was
taken from the shaft and the ground
looks promising for a mine. The prop
erty 10 equipped with all the necessary
for extensive development.
{. Z. ", EunAall, - Robinson and
vickers. successful operators. are work.
a lease on the Bee Fraction of the
Goidfeld Hub. and are prepared to ex-
pJor. the ground at great depth. The