The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-02

Tho Mohawk Is hut down. Consoli-
dated shares are on the toboggan slice.
carrying all other Nevsda securities
with them. including Nevada Hills and
other Fairview stocks that are suffering
the general decline. though in less pro-
portion than the Goldhelds. but our
great mine goes on as ever. producing
and shipping more than 1.00o sacks
every day of the week and months,
of ore that nets the company $4,000 per
car. Here Is n sight that Is good to
look upon at the present moment: here
Is the MIN that has not been victim
lied by the bad management of avari-
eious operators; here Is the mine that
Is not affected by the stock-jobbing of
a few manipuiators at San Francisco;
here the one bright spot In the entire
state.
Just at this time. when the investor
does not know which way to turn. the
Nevada Hills mine Is the beacon light
for this district. surrounded by its
dozens of bright prospects and half
dozen budding mines, in addition to the
several that have proven ore shoots
from which they may ship to the
smelter. The whole makes a showing
for the camp that shines brighter as the
general situation becomes darker. AS
a matter of fact Fairview stands more
than ever pre-eminent in Nevada by con-
trast with its sister camps. And Il all
comes from the fact that we are able to
deliver the goods; starting i'm with the
Nevada Hills as n grass roots shipper,
the subsequent developments have fol-
lowed in such rapid succession N with
such telling effect that the name of
Fafrview has become a synonym for real
mining and the camp is today above
and superior to all Others I'm the state.
In the mind of the investing public.
But when WI say that the Nevada
Hills is going along in the same old
way. we speak of 1t as a producing mine,
with its $4,000, 600 in ore actually
blocked out between the tunnel No. 6
and the surface: this ore reserve was
demonstrated months ago. and since
then the breaking Of the Slopes has
simply been in proportion to the capac-
ity of the freight teams to haul away
the output. But the development work
has never stopped for a moment, and
while the public has marvelled at the
ore reserve demonstrated in less than q
year. the management has continued the
exploration work until the works are
open on three sides Of $4,000. 900 In
high grade values.
m still the mine is doing more than
holding its own in production, and ex-
ploration work that increases the ore
reserve. New strikes are constantly
being made. and the richness of the
mine is constantly unfolding itself in
new directions and in enlarged proper
tons. Occasionally a demonstration is
made that affects adjoining properties.
as in the case of the showing made west
of the fault several weeks ago. chron-
icled in the News, and of which we shall
hear much more In the near future. as
soon as development work can be prose-
cuted at that Point.
A strike has been made this week In
the east drift from tunnel No. s. where
the ore shoot Is developed in big form.
and with values running into the hun
dreds: the Importance of this strike may
be measured properly by those only who
watched the search for the ore in I'M
No. ] a year ago. At that time very lit
tie depth had been obtained and this
deep crosscut was expected to open the
ore at the 160-foot level. demonstrating
sufficient backs to send the stock to par
The expected never happened. as the
tunnel No. 1 passed trough the vein In
a practically barren spot, but so many
other developments were made. at sc
many different points of good depth
that the work in tunnel No. / has been
neglected by everyone but the manager,
who has kept up the search until this
week he is rewarded by the most salts
factory results that could be desired.
Tunnel No. 5 has been producing ore
for months. ever since the second big
ore house and sorting room was estab-
lished at its portal, but the product has
been dropped down from the chutes that
were put in to handle the ore blocked
out by the winze from tunne No. 1; now
that the vein is tapped at the level OF
No. 1. the product there will rival that
of tunnel No. 5, through which the bulk
of the company's ore made its exit up
to the time the leasing shaft was taken
over. October list. Were II not for the
fact that so many big developments are
constantly being made the Importance OF
this latest development would create
a sensation; that 1t adds hundreds OF
thousands of dollars to the present ore
reserves is conceded. while 1t may lead
up to discoveries west of tunnel No. I
that are still more important.
The most remarkable record about
the whole mine is that maintained by the
winze from the level of tunnel No. s; a
small hoist. operating under ground. has
been employed at this point for several
months. until a depth OF 40 feet has
been obtained. making a total depth OF
$50 feet on the ore shoot at this point,
the greatest depth so far reached. This
winze has passed through a solid ore
body all the way, the width varying
from 6 to IA feet at intervals. and the
great shipping values being everywhere
present. Notwithstanding the series OF
faults encountered the continuity of the
vein has been proved to exceed 1000
feet, so that every foot of depth in this
Wine blocks out values that run into
astonishing figures; from the knowledge
n. A. NO. 1861.