Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1907-12-20
WILL ECLIPSE The
MOHAWK RECORD


ago of the Denver and Los Angeles
capitalists to take up their option on |
four hundred thousand shares of the |
stock of the Seven Troughs Mining |
Company, which was more than ac-
ceptable to the officials of that COM
pany, great curiosity has prevailed in
the entire mining world as to when
that property, which is Familiarity
known as the Fairview mine, will be-
gin to make shipments 1t can be
stated that the officials of the Seven
Troughs company were somewhat
that the parties holding the option
would take it up. This fear, al
though the price per share was fixed
at $1.S7h, was based upon the inn
provement in the condition of the
Fairview mine, which occurred to a
marked degree soon after the giving
of the option. When the time for
the taking up of the option arrived,
and the parties holding it let it ex-
pire the officials, of the Seven Troughs
company were a circle of happy men.
The curiosity as to when ship
ments from the property will begin
is due to the fact through the phe-
nomenally rich discoveries, the per-
manency of which have been proven
at depth, the Fairview mine has be-
come widely known in the entire
mining world. Mining engineers,
who have enjoyed the privilege of
making an inspection of the two
properties, have no hesitancy in ex-
pressing the opinion that the Fair
view will eclipse, by far, the record
of the Mohawk mine of Goldfield,
which attracted more attention to Ne
vada than any other previous mining
event in the State.
The Fairview mine has sufficient
the enormous bodies of shipping and
milling rock-.can actually be seen,
as to make the record of the world S
famous shipments from the Mohawk
fade into insignifcance. This may
seem an extravagant statement. Such
shipment can be made and will be
made.
No date has been set for the max
ing of the shipment. The ore is now
being extracted on three levels,
the 100, 230 and 800, and like work
, will begin in the near future on the
400 level, where the lodges show VI
as strong, ii not stronger, as on the
levels closer to the surface. With
/, the next few days force of men will
/ be put to work asserting the higI
: grade and preparations for the great
est of all mine shipments will b.
completed.
Just at present it is better thai
). the shipment be delayed. On &C
count of the general depression il
the money market, the smelters vii
: not settle for ore in less than from
sixty to ninety days, and they are no
particular, especially at this time
: about handling ore of the richness o
:. the Fairview high grade. For thu
: benefit of the entire Seven Trough
! district, it is to be hoped that Thu
Il Fairyiew will defer its shipments un
: til the return of normal condition
in the financial circles of the coun
try. If shipments are postponed unit
& such time, the district will be yer,
much benefited and the eyes of tn
II mining world will turn toward it.
u At present, there is force of NOR
y than thirty miners employed at tn
- Fairview mine, and the machinery
70 being worked to it's full capacity. TIL
Il shaft is down SIS feet, but sinkin
!. has been suspended until larger ma
u chinery can be installed. Crosscut
l. are being run from the 500 level t
ie open up the ore bodies at that depth
/ in addition to the drifting on tn
lodges at the levels named SIEVE
~ Troughs Miner.