Los Angeles herald., 1907-07-01
LATEST STRIKES
At GQLDF|ELO
ORE SAMPLES $500 TO $4,000
TO THE TON
Happy Hunch Company in Eastern
District Operating Profitably with
Diamond Drils-Red Noun
tain Dyke
Special to The Herald.

GOLDFIELD, New, June 3O.-A rlch
strike was reported Saturday on prop
ertv adjoining that of the Greater Ne
vada Goldield, the first promotion OF
Bower, Thomas & Co., bankers ana
brokers of Goldfeld, New. The strike
is of great Importance to that section
of the Goldfield camp, as samples OF
the ore went from $4,000 to $4,000 ion,
and this ore was found on the same
vein upon which the Greater Nevada
Goldfield are now sinking. II is SAID
of Goldfield that the half has not yet
been told. Mrs. M. M. Hinman OF Los
Angeles is the vice president OF the
company.
Red Mountain and it's big dyke will
soon receive attention from a strong
coterie of mining men. H, I. Bragdon'
George Wingield, Thomas Robinson
and John Reynolds, all of whom nave
interests throughout the state and VINO
have had much to do with development
of the great camp, Goldfield, are tne
PARTIES now in possession OF TINS nne
group and will get busy at an early
date to thoroughly develop II. NO
trouble is had to get big surface values
from the outcropping and the sands
below are rich in placer gold. Inc
nronertv has every indication of being
winner.
PoIIard-FIorence Lease
Tn the west crosscut, at depth of
22o feet the Pollard-Florence Mining
and Leasing company, in its block on
the Red King claim of the Florence
property, has encountered ledge 1den-
tical in character and formation with
that from which the Little Florence is
shipping record breaking values. This
ledge, which was encountered near
the boundary line of the Baby Florence,
dips to the east and directly into the
Pollard lines.
The Pollard lease, in which nearly
HOO feet of underground work has been
completed, was the first on the Red
King claim to expose the ledges which
are now being sought by numerous
leasers on surrounding territory 1t Is
we'll equipped with machinery and in
complete readiness to begin hosting
and shipping Immediately upon the
high grade ore making it's appearance
and in all probability will be classed
among the active shippers within the
next week or two. Samples of the
newly encountered ore have been sent
to the assayer and the result is await
ed anxiously, not only by those inter-
eSIeQ III I1lS l6dSe DuL ny ciil lhO OpCAo-
tors in that section.
Buster in Good Ore
The latest report of the consulting
engineer for the Buster property at the
new camp of Lee expresses the opin-
ion that the property has been under
estimated, and that it will develop into
the greatest producer and biggest
money maker in the camp. This is
the best of news to the owners as the
Hayseed and Burro already rank as big
mines. The report stated that the
tunnel had reached 105 feet and was
all in ore. A series of assays taken
returned values ranging from $4S to SIS.
At the breast where they were taken
the ore body was rapidly widening,
and there is every indication that the
property will be one of the largest cop
per, gold and silver propositions in the
country. The owners will in a short
time start shipping the higher grades
of ore, and are contemplating the con-
struction of a mill for treating the
lower grades. In point of time of de-
velopment the property has made a
good record as it is but a few weeks
since it was purchased. 1t is largely
owned by J. c.. Mccormack of Gold
field.
A Greater GoIdfieId
The eastern section of the Goldfield
district is receiving an unusual amount
of attention, and is undergoing more
extensive development with better re-
suits than ever before. The Happy
Hunch company have been prospecting
their ground with a diamond drill,
with the result that they will sink at
once a working shaft The Goldfield
Hercules are also at work and it is re-
ported that they have opened up con-
siderable body of good ore But the
property most talked of in the eastern
section is the Nancy Donaldson, where
some of the sensational values of Gold
field have been found. This company
have thoroughly prospected their
ground and have decided to
sink new double compart-
ment shaft, work on which will
be started at once. This property
is situated near Red mountain in the
Goldfield district. and occupies a posi-
tion here which is almost identical
with the position of the Jumbo in re-
gard to Columbia mountain.
The Cimarron l.. & M. company are
now working three shifts and are down
to the 250-foot level. High grade ore
will soon be encountered. President
Todd says the lease will prove one of
the best in the Goldfield district.
S$O