Los Angeles herald., 1907-01-07
SHELTER KING
|NvADES NEVADA
Rich Property Was Developed in Part
as Early as 1870-Names
of Many Valuable
Claims

Phoebe is the coming camp of Ne
vada. Newhouse, the smelter king of
Utah, has purchased over half of the
old townsite of Phoebe and he with Col.
Green, the Guggenbeims, Mcdonald,
Clark and the Baumbergers is pur-
chasing the old producing mines and
newly discovered properties in this old
and famous mining camp.
Phoebe, located in Lincoln county,
Nevada, is in a low, isolated range of
mountains 5000 feet above sea level.
The geological formation is generally
speaking cambrian quartzite and over
tapping limestone, throughout which
run ore-bearing assures occasionally
large porphyry dikes, varying from ten
to three hundred feet in width, cut
their way prominently across the dis
trict.
This particular district has been the
subject of much study by such notables
as John Hays Hammond, Prof. Kemp,
the geologist, Prof, Pack, professor of
geology in Columbia college, and many
other engineers and practical mining
men, All of these authorities have rec
ognized these porphyry dikes as the
main ore-bearing tunnel from which
all the other veins have derived their
metallic contents. The largest is called
the mother ledge oe the district and
commences at a point from the Alps
mine on the east and runs westerly
through the Yuba, Currency Silver,
Newark and Independent properties,
thence on to the west through the Ida
Mae, Jack Rabbit, Ida Mae Annex and
Bristol Copper company, past the
Bamberger- Wood syndicate.
Early Development of Phoebe
Phoebe was developed in the early
'70s by shafts sunk on the Yuba 1900
feet, Silver 900 feet, Newark 900 feet
and tapped in the Independent ground
through a long cross cut run out from
bottom of the old Raymond and Ely
shaft at a depth of 1900 feet below the
surface. from which point 1t was fur
ther developed by winze sunk 300 feet
still deeper. The ore consist of sui
phides Of lead, iron, zinc, with high
silver and gold values. In the vicinity
of the Bamberger- Wood syndicate, Ida
| Mae Annex and Bristol Copper COM
pany properties the ore runs about
Is per cent lead $5 to $50 per ton gold,
10 ounces silver and per cent copper,
while some zinc blend is found close
to the walls running over 200 ounces
silver, one ounce gold and 80 per cent
lead per ton. The long quartzite fis-
sure which lies about 200 feet south of
the porphyry ledge passes through the
DAb
ley mines, from which over $40, 900 900
was produced within the short space
of six years.
This assure varies in width from four
| to thirty feet and is traceable parallel
with the large poryphry dixie through
the Jack Rabbit claims, the Ida Mae,
Ida Mae Annex and Bristol Copper
company properties.
Became Bonanza Kings
The actual mining cost in the old
days was S44 per ton and the milling
cost 800 The ore had to be shipped to
Salt Lake City on the backs of desert
burros a distance of 400 miles. No ex-
traction could be obtained by the pan
amalgamation process; smelling was
then in a crude and imperfect state
ana only tWo-thirds of the values were
saved, In spite of this tremendous
handicap the old mine owners of
Phoebe became bonanza kings, and the
seemingly ineXhaustible supply of sill
yer bullion being hauled out of old
! Phoebe on the backs of these little des-
ert burros caused panic i'm the silver
market of the world and was the direct
cause of the denOnetzation of silver.
! The demonetization of silVes together
with the tremendous handicap placed
upon the district caused a general shut
down i'm all the Phoebe properties at a
| time, 100, When millions were blocked
out i'm their workings.
With the demand for copper at s12O
per ton and silver selling around 70
cents an ounce, with the prospect of
its touching the dollar mark, the ad-
vance i'm mining and metallurgy and
| the concentrating Of the ores at an
expense Of 81 per ton places the old
mines of Phoebe and the new mines of
Phoebe in a position to again make of
their owners bonanza kings and princes
| OF finance.
The building OF a railroad into this
famous district is now about to be
completed and will deliver ores to the
Salt Lake market at about 81 per ton
Phoebe Is on the eve of a big boom;
many OF it's old mines are being re-
opened and prepared for operation upon
an extensive scale, while development
is being pushed ON the new properties,
which promise to become richer than
the ones of the early '7Os.