The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-03-02

will in a few more days become one
Of the producers OF the precious metal.
says the News
An incline shaft has been sunk to a
depth of IS feet on a three and one-half
foot ledge Of crystalized quartz which
LAYS between a contact of lime and
schist. 1t has shown good mineral
values from the surface. running from
a few dollars to $40 a ton. At the IS
foot level the ledge ~flattened. dipping
into the hanging wall. but now has
Strengthened up and where struck at
the IS foot level the ore shows free gold
and has all the evidence of -permanency.
Water has been encountered and pumps
will be installed. Crosscutting and
drifting has been started on the ledge
to explore the extent of the ore body at
this depth. six miners are employed
on the property and they hin SO well
Of the future of the property that they
have requested more than one-half
their pay in the company's stock at
present treasury prices
The company's property lays a Few
hundred yards to the west of the town
of Central and was one of the hrst
properties located in the entire district.
1t was located by Howard Butler and
w. c. Humphrey in May 1905 and both
these gentlemen still hold a large inter-
est in the estate. McElvaney & Torp-
ey, fiscal agents extend an invitation
to the public and especially to visitors
to our camp, to visit the mine and In
spect IL for themselves.
That the Central section of this dis
trict is fast coming to the front as a
producer Of the precious metals is each
day becoming more evident as develop
ment shows up the mineral richness or
its numerous lodges and network or
pay streaks. The mineral worth or
many Central properties has been
touched upon through the columns or
this paper from time to time and our
readers thoroughly conversant with
the facts, so at present We deem a re-
| hearsal unnecessary. but recent de-
velopment upon the acreage of the Man
haitian Oriental rave brought forth val
ues that are far in excess of the brighter
hopes of the owners.
At surface where the sinking of the
present working shaft was commenced
on the Gladly claim. assays of $1.S7 In
gold was returned from the Groupings.
Twenty feet below the assays ran high
err, 1894 being the average; at the bot
tom of the 45-foot shaft assays were
ss.14 across a 20-foot ledge. In the
Oriental shaft, which is down 80 feet,
sensational values were encountered In
a 3-inch streak which when assayed
gave a gold value of over $4,000 per
ton.
A hoist is to be ordered for his prop
- -, III DaxiS ona of the oWparG
who is in San Francisco for that pur-
pose at present. With the promising
lodges and a large tonnage of milling
ore in sight It will be not at all sur
prising to witness the erection of a
1O-stamp mill before the close of the
year 1907 on this property.
The New m Amalgamated Mill
ing & Mining Company has been organ
lied to work the old Belmon mines.
The -incorporators have been working
diligently on the project during the past
six months, and now that a
large reduction plant of the most modern
type will Immediately be installed.
The old dumps, on which it is esti-
mated there are over 100000 tons of
ore, have been thoroughly tested in
100 pound samples by competent metal
Iurgists and assayers, who report that
they contain an average value of $50
per ton in silver. gold and copper sui
phides. More than three and a half
miles of development work has been
done in the mines. One particular ledge
has been drifted on for 200 feet. carry
ing values of from $40 to s67 per ton
the entire distance. At the time the
mines were operated. owing to the crude
Methods in operation. ore running less
than $50 per ton was left in the mines
or on the dumps, to await the ingenuity
of man for an economical method of
reduction. Great strides have been made
in this direction in recent years and
with the methods now perfected 1t will
be possible to work the Belmont ore
for less than one-sixth of the cost
twenty years ago. 1t is a matter of
record that a shipment OF ore from the
Belmont mines to Austin, after the
mines shut down. netted 1868 a ton.
The difficulties which the former opera
tors had to encounter can be realized
when it is known that supplies and
machinery were freighted from Sacra-
mento, a distance of over 600 miles, by
OK team. and later on from Battle Noun
tain, 200 miles distant. We have at the
present time a railroad to Tonopah, as
miles distant, and a survey has been
made for a proposed railroad to run
within a few hundred yeards of the coin-
pany's property.
Several leases have been applied for
pany.