The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-12-12

tear "oh"ei "ihihg company was or
ganized about Is months ago to ons,..-
in the camp of Wonder, New. Sew,
claims were acquired, but the sI,u-
which affected the country a o..
months later interfered with funa;,.
operations. A circular just issued :,
the stockholders, states that this Sim
together with the discovery that ~.
ores were not as rich as hoped for-bo.
ing rather a milling proposition. 70
curing the expenditure of considerable
money-has placed the company in
bad way. 1t is now without funds. with
no immediate prospect of securing tbo
money needed to keep up the asses.
ment work upon the claims until sueh
time as conditions improve. In view 90
these circumstances, G. NJ. Sumner. tbo
president and organizer, is Offering 70
the stockholders IN opportunity to ex.
change their holdings for stock in .
more active company. The companies
into which he is offering to transfer tho
stockholders, are the Rawhide Regen,
Mining company, with property at Raw.
hide, New, and the Goldfeld Reliance
Mining company, with property at
Goldfeld.
T. M. p, Trenton, N. 1.-THE Yering.
ton Mines & Exploration company. with
properties in Lyon and Douglas coun-
ties in the Y~erington mining district.
having the following officers and diree.
tors: Otto Taubert, president; 0. n.
Parsons, secretary; August Taubert, C.
S. Durand and Walter Taubert; is pre-.
pairing to begin active work on its yari.
Gus properties. The company is organ.
lied with 100000 shares, par value 81.
There are 100000 shares in the treasury.
They own four groups of claims.
They are the Taubert group, consisting
of Is copper claims; the Copper Flat
group, consisting of seven claims; the
Mohawk group, of eight gold claims;
the Efie May group, of two gold claims.
They will mill at Nordyke and will
start hauling ore e week, and will
begin to run the ore as soon as the
Pierce amalgamator, now on the way,
arrives. The company, it is stated, has
bright prospects and should make good.
j. I. S., st. Louis.-Lessees operating
on The Queen Wonder company s prop
erty at Windsor, Nevada, nave just re-
ceived returns from their first shipment.
The lot consisted of n sacks weighing
$500 pounds, and the assay value was
81 ounces in gold and 1S7 ounces in
silver, giving the ore a total value, ae-
cording to current quotations, of $12 in
gold and 1920 in silver, or an aggre-
gate value of $105.90 per ton. 1t is in
teresting to note that the ore was all
produced from a 20-foot shaft so that
the gross production from the mine was
in the neighborhood of $40 per foot.
The property ranks very high in the
Wonder mining district and many be-
lieve it will eventually be developed into
one of the big mines of Nevada.
e. M, Magdalena, Kas.-You will
see in another column where the Kansas
City Goldield people have bought a
very promising lease on the Velvet, I'M
der most favorable terms. When the
option on the lease was taken, some ore
had been opened up but the full value
of the leasehold was not known; by the
time the option expired, the ore had
widened out and the lease was worth
several times the purchase price. This
lease adjoins the lease already owned
and being worked by the Kansas City
Goldfeld. 1t is believed that the ore IN
the new lease dips into the old lease
The two leases will be worked through
one shaft. Thanks for your well-wishes.
A. W., Coalinga. Cal.-Parmeter Kent
left GOldfeld over a year ago for parts
unknown, and Gossip the paper ne
published, disappeared at the same time
Many people were deceived in believing
ehdt IL was Il ycHaiHc mining P
ton con the square, whereas 1t was
nothing more than a promotion shee'
for Kent s schemes. We do not believe
that. the South Nevada Copper com
pany property, stock of which he sou
through Gossip" was ever s~eriouSl!
worked. At any rate, we have no
knowledge of any operations. "rne
Walter Stone, Goldfeld, who was presi-
dent of the company.
N. Z. H., Honolulu, H. I.-You VIII
have to give us more extended lnforma'
ton regarding the claims in question:
You say they are located IL miles Iro"
Silver Peak and near Cow camp. lnere
are thousands of single claims loca'eu
around Silver Peak, and unless they na'
become known through some particuia
achievement, we would scarcely nave
knowledge Of them. If you can giVeu'
the names of some Of the owners
may be able to trace them and give ""
the information desired.
I. @. g., San Francisco. IA lease
operating ON the Florence Extension :
a very large scale. The shaft is owe
900 feet deep, and prosecuting
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