Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-08-17
MONTANA men
MAKE PURCHASE
BUY THE TUNGATE GROUP AT
CRACKERJACK FOR
$15O,OOO.

The largest transfer Of mining
property that has taken place in
C~rackerjack for several months was
completed in Los Angeles last Mon
day, when three claims, comprising
the Tungate group, passed into the
hands of the Montana syndicate, rep
resented by Charles and William
Morris of Butte. Wilbur E. Sanders,
the noted copper expert of Butte, rep
resented the buyers, and the price
paid under bond approximates $780,
900. The greater part of the money
goes to D. w. Tungate and H. J.
Caldwell of Los Angeles, who are
the original locators of the property,
although several other parties held
minor interests in the group.
The Tungate mine is in the heart
or the Crackerjack copper belt, and
is considered among the choicest
properties in the district, adjoining
the King Solomon claim of the Crack
erjack Gold Mining Company on the
side line, and the Peterson ground,
owned by the Montana interests, on
the end lines. Some of the richest
ore found in the district has been
taken from the Tungate mine, and
the showing with the present devel-
opment is certainly sufficient to JUS
tify the large price paid for the prop
erty.
A 140-foot tunnel has been run on
the property, opening up a great
blanket ledge. the extent of which is
not known, as the tunnel has been
entirely in ore for the last fifty feet.
The values are said to run from six
to twenty per cent copper, with about
50 values in gold and varying am
cunts in silver. In a great deal OF
the ore extracted native silver is Wis
ible, and some very high assays in
this metal have been received. The
Tungate tunnel might be said to have
been driven through a solid ore body
from the portal, as the work was
started for the purpose of developing
the ledge, which showed a large out.
crop with high assays from the sur
face. A shaft has been sunk to Z
depth of 40 feet some distance soutf
of the tunnel site, and this work ha!
also opened up an immense body o
ore, the shaft being all in ore of
high grade. Assays taken from thi
point run as high as 25 per cent cop
per and 80 ounces in silver to tn
ton.
Credit for the development of tn
Tungate mine is entirely due to MI
d. w. Tungate, after whom the min
is named. Displaying an %unswervinl
faith in the property from the be
ginning, he has continued work il
the face of difficulties and obstacle
that would have disheartened a les
resolute man, putting his capital an.
untiring labor into the venture an
backing his belief that he had
great mine to the last cent. That hi
reward is justly merited will be reC
ognized by all. Dave Tungate
made of the stuff of which the pic
neers were fashioned.
The Tungate mine Is believed to b
in the center of the great system {
veins which extend from north I
south through the copper belt {
Crackerjack, cutting through tn
ground of the Peterson, Crackeriacl
Gold, Blue Jacket, and Tomboy mil
ing companies on the south and tn
Beck and Wilson on the north, b.
sides many other properties on whic
a lesser amount of development hi
been done. While these ore bodie
have been opened up at differer
the purchase of the Beau Brummt
for 5000, 900 and the Peterson min
for 100000. The operation of a
three mines will be under the dire
tion of Mr.. Sanders, -Crackeriac
News.