The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-26
MILLIONAIRE
MOHAWK LEASER
Sizes Up Conditions in the
Seven TroughS Camp, in
Which He Will Mine.

Nowhere in the entire universe can there
be found gamer men-men who take d
long chance-than in Nevada. And among
the game men of Nevada, there is not one
who will take a longer chance than NJ. j..
MOnnette of Goldfield. whose name is as
widely known in mining circles as is the
story of Little Red Riding Hood" to the
young and old of the United States. Mr..
Monnette is of the firm of Hayes & Mon
cite, the success of which in the operation
of its lease on the Mohawk mine of Gold
field startled the mining world by its
record of richness and production. says
the Seven Troughs Miner.
About six months ago, NJ NJ. GarOutte
of San Francisco, a brother-in-law of Mr..
Hayes, came to the Seven Troughs dis
tr1ct, and purchased for himself and Mr..
Monnette the High-Up group. three claims
and two fractions, located north of the
famous property of the Seven Troughs
Mining company, at fancy figure
Mr.. Monnette took chance merely upon
the suggestion of Mr.. Garoutte, and, it be-
ing agreeable to both, considerable devel-
Opment work has been done on the
ground. As luck would have it. vein
three foot in width and giving assays
around $25 to the ton, and forty-five-
foot ledge, assaying 81 a ton across its en-
tire width, has been opened up on the
property.
The only knowledge Mr.. Monnette had
of the ground was that which MI Gar
Quite had written him. Mr. MOnnette
made a flying trip in an automobile to
the Seven Troughs district on Monday.
To say that he was pleased with the con-
ditions of the High-Up group and the
entire Seven Troughs district, would In
deed be putting it mildly. He immediate
ly recognized the great merit of the en-
tire section, and he had no hesitancy IN
expressing his opinion. 1t was a source
of great regret to him that he could not
spare more time than a day in inspecting
the district. However. he managed TO
fnl 10 ooh or Of hn mi ae
around Vernon and the town of Seven
Troughs and was exceedingly enthusiastic
over the conditions prevailing.
Mr.. MOnnette announced that on Janu-
airy % he will sail from New York on a
four months tour of Europe and that
upon his next visit here he expects to
find the district thickly pOpulated-the re-
suit of the production of the mines. He
declared that such was his prediction for
Seven Troughs, as warranted by present
conditions as seen by him during his short
visit of Monday.
When shown high-grade ore from the
Seven Troughs mine, the establishment OF
Mr.. Monnette at its marvellous richness
knew no bounds. He said:
Il never had any idea that this district
possessed ore of such great richness. It
is, indeed. a great surprise to me. The
district will surely develop into a corker.
and the Seven TTOughs mine will unques-
tionably develop into great property.
I'VE are confident that the Seven
]
your Mohawk lease for richness and pro-
luctiOn. and that it will beat your world rs
famous shipment easily" he was told
by several of his friends who reside In
the district, as he was inspecting the
ore
II hope So" was his reply. with such
rock this it will be easy to accomplish
that aim 1t is the richest ore that have
ever seen. 1t certainly looks good to
me-
Referring to the present stringency In
the money market he said:
Il think a gradual Improvement in con-
ditions will be observed after the first
of the new year. and that mining opera
tons will resume their former extensive
scale. l certainly hope so. According 10
reports, conditions are already better in
New York, Chicago and other eastern fl
nancial centers, and the Improvement is
coming west"
Accompanying Mr.. Monnette on his visit
Monday to this district were Lester Rob
ertson and Harry Jackins of Los Angeles,
who are largely interested in mining.
in expressing his opinion Of what he had
seen in the district, Mr.. Jackins said:
Il like the district first rate. 1t looks
good to me and has every indication of
being a permanent destrict. ] am sur
prised at the great richness of the ore
of the Seven Troughs mine. l most as
suredly did not expect to see anything so
good"