The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-07-05
Another Rich Property Is Cor
raled by Local and Nevada
Talent.
VEINS CARRY VERY
HIGH SILVER VALUES
Nevada Horn Silver Company
Formed to Operate This
Large Group.

None OF our readers who were In Pi-
oche In March OF last year can have for
gotten the wild excitement which pre-
vailed at the time Of the great strike
made near Bailey Springs and since
known as the Nevada Horn silver mine.
says the Phoebe Journal
BY agreement. Whipple. the prospec-
tor who made the strike arranged 10
have twentyfour hours start after the
deal was completed with Thomarson and
Lucky Scott to stake out more claims
The news leaked out as soon as the TWEEN
ty-four hours were up. at o'clock at
night, and within an hour every man who
owned rig. a horse. a mule or a burro
or who could buy, borrow or steal one
was out on the road to Bailey Springs
1t was an exciting night, as dark as
pitch. and many did not know the way
Some went up by Highland others
through Stampede Gap, but fair num-
Der got on the right trail past the Jack
Rabbit pass and the Bristol smelter.
The mines are thirty miles from Pi-
oche and II was the grey of the morning
before the first stragglers began to ar
rive Then they discovered Whipple's
brother paradng the hill quietly looking
and rifle There was considerable hest
tation until the number OF prospectors
increased then one of them shouted,
we don't mean no harm. but we want
to see what YOU have got Come on.
them" said Whipple. but mind YOU don't
butt In on any of my ground or you take
the consequences" Before the day had
faded there were monuments stuck up all
around much further than the eye could
see.
The Nevada Horn Silver mine IS sit
uated close to the Bristol district: that is
about three miles north of the old Bris-
tol smelter. 1t covers about 220 acres
distributed over fifteen claims all In
compact group around the original dis
covery and running 1000 feet along the
strike OF the ledge. 1t has been surveyed
by Mr.. a. r.. Talamentes L. S. deputy
surveyor. of Salt Lake City, Utah.
Lloyd, whom our readers all know 10 be
the greatest mining expert OF the dis
trlSt. was at an early date on the spot
their. assay outfit. carefully prospected
the ledge. Lloyd s eighteen years ex-
perlence In the district In experimenting
early decide that this was one of the
most important strikes he had ever
known. He found the outcrop of the
veins about 30 feet in width. OF quartz
asSaNlng from FIVE ounces In silver TO
the ton and 90 cents In gold. After sew
eral other visits. Mr.. Lloyd. at the re-
quest Of the owners. reported on the
property and six months later after un-
successfully endeaVoring TO obtain a
lease, he acquired an interest In the prop
erty and Will act as director of the
The Nevada Horn Silver Mining COM
pany, as reported in our issue OF last
week, has been incorporated for 81. .0O0.-
600 in shares OF 81 each. Four hundred
thousand in fl,a
ury and OF the personal stock nine
tenths has been pooled with the Utah
Savings & Trust company of Salt Lake
property is acquired free of bond or debt
and the amount raised by the sale of
treasury stock will be devoted entirely
tually carried on. There Is plenty of
timber on the property and rights have
been acquired for an abundant water
In q draft prospectus which we have
seen, a very interesting table OF assays
is given: with names OF assayers, show
10 S24o OF gold and one assay showing
per cent copper. Mr. Lloyd in his re-
port stated that for eevry ton of high
grade ore the mine would likely produce
from three TO four tons OF second grade
ore averaging over $50 silver to the ton.
Mr., +. l. Godbe, mining engineer and
metallurgist OF Salt Lake City, whose
standing is so we'll known to our read
ers, has reported that the ore can be
treated on the spot for about 81 per ton.
The company will only be issuing 100000
shares of the treasury stock one half
OF which is reserved for England. and
applications for the stock are being re-
ceived already. although the issue is not
yet made,
The officers OF the company are George
Weddell, president Charles S. Miller
(president Boston g. PIoche Mining com
pany), vice president; Edward Thomp-
son. secretary and treasurer; William
Lloyd and J. l., Whipple, with the above
named officials comprise the board of
directors. All these gentlemen are well
known to our readers,