Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-09-21
ARREST PLACER
field IN WORLD
.,oXING SAID TO HAVE FIVE
ruousAND ACRES OF RICH
GROUND.

.or mine ever discovered and OPP
.,.ed BY a single concern. has been
s'so,ad and acquired by the Green
q brothers and their associates.
! nine is In Fremont county,
scanning, twenty-five miles from
abroad at Lander, in what is
saoVu as the Red Canyon district.
Far more than a year engineers in
40 emuloy of the Greenough broth
: have been on the property max
nc Investigations as to Its richness
Aosore being taken over BY the com
any recently organized with a cap
,.l Of 5000. 900 in 50 shares to
oDarate il. The ground was pur-
.hosad in small piece lots from the
,,a,vldual owners, who located II for
raging purposes. To cut on the eff
,orts of miners to secure property
i, inc boom which will probably fol-
40 when the richness of the dis.
tyict Is known, lands on both sides
4, the Little Popo Agile river have
baep purchased. During the past
tvo years the company has spent
aver 100000 in prospecting alone.
On the 5000 acres which have been
tested for gold no barren ground has
been found.
wilbur p. Greenough, vice presi-
dent Of the Red Canyon company,
the new organization, who has re-
nrned from a forty-fye-day visit to
Inc district, when seer yesterday re-
nrding the newly acquired placer
properties said:
I'VE have been contemplating
taklpg y e the Red Canyon proper
lies for several months. but have
been awaiting the report of engi-
neers who have been making investi-
cations. We have recently received
A report from w +. Edwards of
Spokane, the mining engineer who
built the leeching plant on the snow
storm, which is now in successful OPP
Grafton. On the 5000 acres which
have stood inspection and ~inyestiga-
ion not a yard Of ground has been
found without pay dirt. an average
81 si.04 to the yard has been al.
ready taken out. Wells aud shafts
have been sunk to ascertain the true
gorth OF the property. Assuming
that It will cost 10 cents a yard tc
mine the gold and that only 10 pei
cent Of the values can be saved, 9
profit OF $246.S40,0O may be stated
as a safe net profit from the 5000
acres.
ts yet the property Is %undevelop.
ed; We have 100 men at work in the
district with plows, picks, shoyeli
and placer apparatus. In order q
prepare for the installation OF tn,
hydraulic apparatus 1t will be neces
sary to drive a 3000-foot TUNE
through a mountain six miles from
the main placer ground to let waite
On the property, Fifteen miles o
combined ditch and flume are nov
under construction. Water right
have been secured from the state en-
gineer Of Wyoming for the use o
Eater In the Little Popo Agile river
which from the middle OF April {,
July flows 10000 inches or $50 Gu
bic yards of water per second.
During the coming winter We eX
Pct to spend approximately $500,
900 putting the property in prope
shape, AT the completion of tn
tunnel and lume the development Q
The mine will resolve itself into
common everyday placer proposition
developed with the aid OF hydrauli
apparatus"
Ihe company has for its officer
Thomas l.. Greenough OF Missoul;
president, Wilbur d. Greenough c
spokane, vice president and NAL
sser; j. b. Greenvugh of Spokane
secretary aud treasurer. Director
ol tue company Include the officer
logetner with l. r. Hesey, o brotheI
lh-law Of the Greenoughs. OF Pho'
NIX Arizona; W. +. Edwards {
spokane, ], II. Howard of Phoeni
ana Stanley a. Easton. a son-ln-la
" Thomas l.. Greenough. and mai
aser OF the Bunker Hill and sulliva
m'he az Wardner. Idaho.-Land'
Jurisprudence of Salt Lake HeralI
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