The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-01-05

a shaft at this point Immediately. as
soon as the men for the work are avail
able. This will give two deep workings
for the property, and other work will be
outlined as progress Is mad
The controlling interests in the Ida
Mines are Shove. Aldrich q CO., and
Wm. p. Bonbright & Co.. of Colorado
Springs. They have the reputation of
being mine makers. and in addition to
this, ave all necessary means for their
undertakings. which gives the Ida
Mines property. taken with its own
valuable snowings. the color OF an ex-
ceed,ns;y bright prospect.
HOW Tx1 xAx8vE8W 8A0xB Lo0ID
The following statement in substance
regarding progress on the Fairview
Eagle at the close of the year. has been
given out by the officials of that COM
pany:
The shaft on the Fairview Eagle has
penetrated the ore body for 1856 feet,
and when the 200-foot mark Is reached
there will be doings In the way of de-
velopment work and the blocking out of
ore reserves which promise to make the
Eagle one of the dividend payers of the
camp. At this point drifts will be run
in two directions. and a crosscut will 20
from wall to wall, to determine the size
Of the treasure vault. At the eighty
foot level, too. work Of like nature will
be done and a station has already been
completed there.
The Eagle has two other known veins
besides the one which is in the course of
exploitation through the shaft. One of
these, known al Boulder, has most ex-
cellent auriferous values where 1t was
opened at the surface, and at the juno
ton of the Boulder and the Eagle rs
sures the management. auguring from
existing conditions, reasonably expect
to develop a bonanza ore body. Long
before hat point of juncture is reached,
however. the company will have added
materially to the ore which Is now piled
up on the dumps.
At the Lent Fairview, another Wing
field property. which adjoins both the
Eagle and the Nevada Hills, Mr.. Morris
is also directing work. The Lena has a
good share of the Nevada Hills vein,
which is thrown to the east by a fault,
and has two unnel in on ore and a
crosscut tunnel. which will tap h
ledge at a vertical depth of $50 feet,
has advanced that distance from the
portal. with 200 feet yet to travel ere
the goal is reached. The drift is to be
the main avenue to the workings, and
through 1t the ore will be taken until
the backs developed have become ex-
hausted.
rAI1v1EW EDA COMPANY
As reported in the News several
weeks ago a group Of claims owned by
]. H.. Coyle and F. P. Powell have been
incorporated under the name of Fair
view Eda Mining company. Prior to
organization Of the corporation a large
block of the stock was sold to a strong
combination. and further developments
have been awaiting the arrival of the
charter from Arizona. This week the
papers authorizing the beginning Of
business were received, and all formal
tiles have been complied with. The Of
ficers are ]. H. Coyle, president; F. p.
Powell, secretary and B. r. McCabe
treasurer and counsel With the four
Edas on which to operate the company
owns one of the very best prospects in
the entire district, not only for the
reason that the location is excellent,
but the individual merit Of the claims is
such as to warrant the outlay of suf-
ficient means to open them up thor
oughly.
VALUES or 1EIIANCB GROUP
Alex Fawcett has been doing some
prospecting on the Reliance group
which is one of the groups owned by
himself and associates. ". H. Gels
thorpe and F. A. Virtue. From a crop
ping three feet above the surface of the
ground he has taken some excellent
quartz which assays well in gold, silver
and copper The assay returns showed
IL per cent copper. while the total re-
turns from all three metals was $58.0 OF.
A big deal is pending on the Reliance
group, and will likely be heard from in
a substantial manner very soon.-Fair-
| view News.