Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1907-10-27
GOLDBANKS LEASES
ARE SOON TO ship
GOOD REIrRTS CONTINUE PROM
NEw AM IRONING
CAMP

/ great Camn-one whose development
viii BE- due. like Goldhcld's. to the
wisdom OF the principal claim own
ers In giving leases on their property
lis becoming more evident with
each passing day.
Ten days ago seventeen leases had
been let. fourteen OF them being on
the New Mohawk and Goldbank
claims owned by 4. p. Smith, the
original discoverer SINCE that time
the number of leases has been in
creased TO thirty and fully twenty
of them are in active operation
And in this brief time some Of the
leases have entered the ranks of pro-
ducers. Reports from Goldbanks
are that Gus Weymouth's lease No. 3
on the New Mohawk is of the DO
teen feet the rich streak encountered
just below the surface has widened
to eight inches. This ore, which is
heavy black sulphide, can be easily
sorted to run $1,000 per ton, the sill
yer values predominating. One as
say made in Winnemucca of ore
from the high-grade streak gave re-
turns of 404S ounces silver and
$45.60 in gold. This bonanza stuff
is being sacked as the shaft is sent
down and it doesn't require mnch
figuring to determine that when the
shipment is made from this lease it
will spread the fame of Goldbanks
in a convincing manner.
And there are other leases be-
sides Weymouth's which are making
fine showing. Among these is the
No. 5 on the Goldbank owned by w.
S. Bacon and L. S. jenkins. who were
in Winnemucca yesterday and placed
large order for ore sacks. They
commenced operations only week
ago and already have shipping ore.
The shaft, w feet wide, is all in ore
and a sample taken across gave re-
turns of $50, nearly half the values
being in gold. This rock can be
easily sorted to run $75 per ton,
which will give margin of about
$45 per ton profit when sent to the
smelters. They expect to make a
shipment before the end of the
month.
j. w. Blair, who has two leases
at Goldbanks, returned yesterday
from Loyelock, where he went some
days ago and purchased whim for
the shaft he is sinking. The within
is at the depot here and will be taken
to the camp Immediately. Yester.
day Mr. Blair sent out wagonload
of lumber and supplies. In short
time he will put on eight more men
and other shafts will be started on
the ground. 1t is hardly necessary
to state that he is well satisfied with
the camp or he would not spend SC
much money there.
Mr. Blair states that he will make
the first shipment of ore as he is
rushing his first shaft to the 50-foot
level, where drifting will be started
on the ledge and the stopping of ore
commenced. In sinking the shaft
on the big ledge good deal of ore Is
being piled on the dump. He be
lieves that Goldbanks will be one Of
the biggest camps in the State ant
will make record for production
before the year is out.
The plat of the Anderson addition
to the Goldbanks townsite was flee
yesterday with County Recorder Bon
nifield. A. B. Anderson and j. H
Langley, the latter of Tonopah, arc
the owners of the addition. Th'
gentlemen were in Winnemucca yes
terday attending to business matters
in connection with the townsite ad
dition and their other property anC
returned to Goldbanks today
Mr.. Anderson was the second loca
4 tor in the district, having located ex
4 tensions of the property of A. P
i OlllLlI, lllG OISSONCl ~
great Mohawk and Goldbank ledge
are traceable through two of the An
derson claims, upon which humble
of leases have been let and are nov
being actively operated.
Mr.. Langley, who is a partner o
Mr.. Anderson, is pioneer mimi!
man of Tonopah and Goldfield HI
has decided to cast his fortune will
Goldbanks, believing that the CAM
has a great future.
The Anderson addition adjoins ant
parallels the Goldbanks townsite Oh
1.-THE west and there is already brisl
demand for lots for business an
residence purposes.
The four-horse teams of R. B
Cowan and Roy F. Wilcox left yes
terday loaded with lumber and gen