The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-02-23

Z present marker HTitC u : : CtnACs al ~
tractivo investment.
NEVADA PEARL y. o L. CO. These
shares are to be listed on the exchange
at an early date. The company owns 30
acres of well located ground, in the
southern portion OF the camp, upon
which they are arranging TO start active
development. They are also operating
a lease on Combination No. 3. OF the
Combination Mines company, on which
the shaft is down 200 feet, fully TIM
bered. gallows frame erected and a 20
hip. gasoline hoist will be Installed WITH
in a few days. In sinking this shaft
they have encountered several rich
stringers, from which high assays were
obtained, all OF them dipping towards
the big dyke that traverses this ground
and that of the Combination Extension.
IL is the intention of the management as
soon as the hoist is Installed, 10 cross
cut for this dyke. and there Is every IN
| dication tina they will encounter ship
ping ore.
They also have a lease on the north
ern portion of the Rabbits Foot claim
of the Palace Goldheld Mining company,
on which the shaft is down 125 feet,
fully timbered. and being sunk as rapids
ly as two full shifts. with horse and
are being sold at 25 cents. at which
price we recommend their purchase.
TRIANGLE. Trading in these shares
for the past week has been light. with
prices gradually declining; they have
now reached 81. and at this price seem
to be quite firm and in demand.
RED TOP EXTENSION. These
shares made a sensational advance and
sold as high as 50 cents, but in the face
of extensive proft-taking. have declined
and are now selling at SO cents.
BuLLxnoc GOLF 1A1. This com
pany recently made a shipment of es-
tire t5e ,maS high Ms,1 r gTsdss from sTs' sandeS,oo i is is
50, 100000 per ton. We are inclined to
question this valuation and will await
sampler returns; should they prove
4 s-..A ..A $500 rAxsfan nxlr HotlrQG m
| Gold Bar; We have consistently recon-
mended IL at all times when selling be-
low $3.50. and are perfectly satisfied
that II is one of the big mines OF the
Bullfrog camp, basing our valuation of
the property on it's large bodies of mill
ing ore. The shares at the present price
VI SIPS are, a bargain, even IL the rich
shipment mentioned runs only $500 to
tho ton.
GOLDEN scEPrnE. The crosscut
from the 300-foot level on this property
Is now in 500 feet; during the past week
they cut a vein 6 feet wide, from which
were obtained average values or $23.oo
to the ton. This will yield handsome re-
turns, as soon as the new Schwab mill
is completed where they can obtain n
milling rate OF $500 per ton. Inc
crosscut is being continued and 1t is
expected that within the next 100 rect
they will cut tho celebrated Hobo vein
at depth OF 200 feet: here is where the
bonanza ore Is confidently expected.
With its large acreage. ample treasury
d ana SDItfulu Dldnt VI II ~ ottBti0
stock at the prevailing price is a de-
cided bargain.
bonanza MOUNTAIN extern
SION. The necessary work to patent
the properties of this company has been
completed. and patent will issue at an
early date. In doing the work on the
Noble Nan they uncovered q large VEN
that gave average value OF $40 per ton;
"A tunnel is now being driven to cut this
vein at depth of $50 feet. They are also
sinking a shaft on tho Happy Jack
claim. adjoining the Pilot, and are OBJ
tanning good values. The shown on
the Wichita group is steadily improv-
ing. The bargain which is presented in
these shares, at their present price,
should not be overlooked.
MAYrLowEB CONSOLIDATED. At
the time OF the consolidation between
the Mayflower and Starlight, the shares
Of both companies We're selling above
the 81 mark, but since the consolidation.
which was most advantageous for both
properties, the price on the shares has
steadily declined, and they can now be
purchased between so and 60 cents.
zULLTRoG EAGLE. This company
owns ITO acres OF ground adjoining the
Ventura property on Bonanza Noun
tain; there arc several Wei deiihed
veins. from all OF which good values
: down so feet and the showing is steadily
improving with depth. Shaft No. 2 has
just been started on a vein from which
extremely high values wero obtained on
the surface. The plans OF the manage
ment of this company contemplate q
thorough and vigorous development or
the ground. The %riginal offering OF the
treasury shares is being made at 5 cents,
at which price we their pur-
chase and would be pleased to receive
your orders. The stock will be listed
on the Goldheld Mining Stock Exchange
at an early date.
M0NTGoMERY-sHosHoNE EXTERN
SION. The new plant OF machinery
which has been installed on this prop,
art has uraatly facilifpfp1 the work Hf
development. The shaft is now down
$50 feet and is being sunk at the rate. Of
thee feet per day. 1t is the intention
of the management TO erosscut from the
300-foot point and explore the Dig
quartz vein that traverses tho estate OF
this company for a distance OF 5000
feet. This is an extension OF the cele-
brated NEUTRALITY-SUSPICIOUS. Console
idated ledge. These shares have been
quite active on both the San Francisco
and Goldfield exchanges, and there is no
doubt in our minds regarding Mont
gomery-Shoshono Extension developing
into a big mine. We consider these
shares, at the present market price. one
of the most attractive investments on
the market, and advise you to acquire a
block and lay 1t away for ninety days.
BULLFRoC TRANsvAAL. The de-
~velopments of the past two weeks have
conciusively proven that tho Basalt
properties of this company have the ex-
tension of the Homestake Consolidated
vein for over 1900 feet. A shaft has
| DttH SUN Oi III NCtll u q tIA " 70
feet and an average sample from the
bottom of the shaft gave value of $3.50.
There is a vein of tale, one foot in
width, which gives values of $40. A
drift is now being driven on the vein
which will cut it at q depth OF approx
imately $50 feet, below the point where
high values were obtained on the sur
face. Active development is also in
progress on the properties of the COM
pany in the vicinity OF Indian Springs,
and also in the Transvaal district. The
] 30, Sc 1fatnl on tho Gnl16ald EXpha n org
!, and is in demand at 10 cents. The COM
pany is well Differed, numbering among
it's directors such men as L. l.. Oddie,
\ f.. S. Chafey. J.. G. Mccormack, Harry
\ Chickering, G. y. Wingate and others.
We look to see this property assume its
place among the big producers of the
Bullfrog District, and advise you 10 Sc
cure a block of the stock at the pre-
yailing low price, while you can.
} GOLpFIELD = TRANsvAAL. This
company owns so acres in the Transvaai
} district adjoining the original discovery,
has an ample treasury and has just
| commenced work on their property. The
/ shares are soon to be listed on the Gold
/ field Mining Stock Exchange, and we ex-
7 pect to see them develop into o popular
[ and active trader. There is no question
l but what the Transvaal district is "A rich
: one, and Will attract 2 great deal of at
%tention during the coming season. We
= believe that an investment in these
/ shares Will show you handsome returns
on your money.
2 woNDER GOLD AND SILVER. The
{ tunnel on this property is now in a dis
lance of so feet, and during the past
!, week. several rich stringers, varying in
IL - IA E-~-- - - I'll u $500