Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1907-09-26
LEASES GETTING
next TO The ORE


who took the first lease on the IA
nous Daisy property directly after
Round Mountain was discovered a.
little over a year ago. And it is Cy
johnson who today is managing and
operating two of the gilt edged
leases of the camp. The Crescent
lease on the Daisy is a Johnson fiota-
ton and they are now down over a
hundred feet with one of the best
shafts of the district. A power hoist
has been installed and work is pro-
crossing with two shifts of men.
Mr.. Johnson's visit east was for
the purpose of promoting a mining
and leasing company to take over
the Slim" Morgan Daisy lease, adj
joining the famous Munholland
lease, which took out in the neigh
borhood of 100000 in less than II
year. The Solid Gold Mining and
Leasing company is the result of his
efforts. It's officers and directors are
E. C. Webb, capitalists, of Hartford,
Conn, president; Cy Johnson, vice
president and general manager; c.
A. Woody, president of Hartford
Mining Exchange, secretary and
treasurer; Robert p. Lyons and J. E.
Inman, of Hartford, additional di-
rectors. Mr.. Inman is expected out
in few days and after his inspec-
ton of the property it is the inten-
ton to install a power hoist at once
and begin sinking on the ore body,
which has been exposed in two
places. A 100-foot shaft is already
down on the property and in ore
every foot of the way. From this
shaft came some of the finest speci-
men gold of the district and 1t is
hard to estimate just how much has
been taken out in the past few
months. Further up the hillside on
the same lease, the vein has again
been exposed and an assay taken re-
veals a gold value of $3S5 to the
ton. The Solid Gold company surely
| has one of the very best leasing
propositions in camp and one that
may some day make even the lucky
leasers of the great Goldfield sit up
and take notice.
Mr.. Johnson's father accompanied
him to Round Mountain and eX-
presses himself as well pleased at
recent developments on Daisy hill.
The elder Johnson is interested in
both the Crescent and Solid Gold
companies with his son.
Mr.. A. Calm, capitalist, OF New
Orleans, and one of the heavy stock
holders in the Crescent company, is
| in Round Mountain and after maxi
| ing a tour of inspection of several
mines of the camp, has expressed
himself as most happily surprised at
what he found. Speaking of the
Daisy leases Mr. Calm said that he
believed they were really the cream
of the district and in his belief he
will find many Round Mountain peo-
pie to concur with him.
Mr.. Calm is a prominent attorney
OF New Orleans and is attorney for
the Crescent company. 1t is his In
tention now to remain in Round
Mountain about week and size up
the camp and district in as thorough
a manner as possible. AS the gentle
man said what impressed him most
since his arrival here was the lack OF
stock iobbing propositions being op-
Grated in Round Mountain. AS he
put it everyone here seems to have
confidence in the camp. They are
miners, not brokers, and are putting
up their good, hard cash for the pur-
pose of developing their ground
The good reports ] heard at Gold
field, Tonopah and Manhattan con-
corning Round Mountain, brought
me here in a very sanguine humor
and I must say that ] have not been
in the least disappointed. Seeing Is
believing and | want to be counted
in the front rank of the believers.
Supt. VIM. Mattley of the Crescent
lease expects to put crew of men
at work prosecuting at the 100 foot
level, where it is expected the Madi-
gan and Fairyiew lodges will be en-.
conntered. Sulphides have beer
present in the shaft for the pas
few days and. while the assay re
turns are small they are hopeful.
The Crescent Mining and Leasing
company is close corporation anc
is being financed by a coterie OF
wealthy New Orleans capitalists
Round Mountain Nugget