The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-12-26
RECENT STRIKES
ABOUT RAWHIDE
By William p. DewoIf,

Rawhide, New, Dec. 2+.-Three
strikes of recent date, two upon the
estate of the Rawhide Coalition Mines
company, and one upon the Last
Chance claim of the Rawhide Mining
company, are vieing for the first honors
in point of precious metal wealth. In
some respects the discovery ON the
Last Chance is the most important OF
the three, as it demonstrates that the
area of shipping grade ore deposition
extends well into the north section of
the camp, and that shoots of out-of-
ordinary gold content similar in worth
with those exposed at the Miller,
Truett, Riekard-H olland and other
leaseholds on Coalition ground obtain
in the extension north of the immense
Coalition dixie system. While sueh
contention has ever maintained by the
majority of mining men conversant
with local ore occurrences, the recent
ini at the Last Chance, together with
the showing at the Westover lease on
the Northern, proves thoroughly the
tenability of such deduction.
Worth of Last Chance Find.
The discovery at the Last Chance
was made at a depth of 900 feet in the
main working shaft at the Morrissey
lease, where a narrow shoot of high
grade ore dipped in from the east. The
shipping section varies in width from
4 to 6 inches and has a value of $500
the ton. Encasing it are two feet OF
high-grade milling ore. The ledge
parallels that being developed under
such very satisfactory mining condl-
tions at the 130-foot level and presents
promises of carrying a much higher
average gold content. 1t dips 40 de
grees west, a circumstance which would
indicate that at greater depth it will
merge with the west contact ledge OF
the Coalition dyke, as the latter dips
to the east. The west contact ledge is
the one from which Richard 4 Holland
are extracting a fortune at block 10 of
the Happy Hooligan claim of the Raw
hide Coalition Mines company. The
find at the Morrissey also proves more
thoroughly the assertion that the ledge
recently discovered by touching off a
round of shots in the supposed hanging
wall of the ledge exposed in the Shan
non lease workings on the Hoodlum is
the same as hat opened up by Richard
& Holland.
It's Value As an Asset.
Too much stress can hardly be laid
upon the value of the recent discovery
at the Morrissev in it's bearing toward
the Rawhide Mining company and the
leases on that estate which carry the
ledge continuation. The Gilliiland
lease for instance, is sure to encounter
the same deposit as it already shows
the continuation north of the main
Morrissey ledge. The distance be-
tween the two leaseholds is 400 feet,
thereby assuring a length of pay grade
ore shoot extending at least through
out the intervening distance. 1t is
probable hat Gilliiland will be forced
to sink his shaft to a depth correspond
countering the new deposit exposed in
the last mentioned workings, but at
that point he can hardly miss the mark.
Morrissey will prove up the ledge at
once and immediately thereafter will
begin stopping therein. To assert posi-
lively that the area of stopping ground
will extend well toward surface would
be premature at this time, but mineral
indications certainly warrant such pre-
diction.
Probabilities for Royalties
For the moment it is in the payment
of royalties by reason of extraction of
pay grade ore from this ledge that the
parent company is concerned, but q
ittlt LdtcI IL Will Dc MucH more III
timately concerned therein by the fact
that it will be engaged in mining on
company account. The site selected by
the Rawhide Mining company for sink
ing its double-compartment main work
ing shaft is such that the continuation
of the new Morrissey ledge is certain
to be encountered on it's dip at a depth
not greatly in excess of 800 feet. In
the interim the management may rea-
sonably anticipate substantial royalties
on the tonnage extracted by Morrissey.
Later on Gillilland and associates will
begin paying tribute ON ores mined
from the north continuation of the same
shoot.
NEVADA WONDER