Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-05-12
LOOKING TOWARD
A CONSOLIDATION
BUCKEYE AND BELMONT EX
TENSION STOCKHOLDERS
TO CONSIDER PLAN.


The Belmont Extension mine is
likely to be consolidated with the /
Buckeye Tonopah mine. Plans for
the consolidation have already been
discussed and practically agreed upon
by the heaviest interests of both COM
panies, and the matter will be az
once put up to the stockholders for
formal action.
The Belmont Extension shaft is |
down 425 feet, just to the east of the
Belmont and Rescue mines, and as
the known trend of the Belmont IS
to the eastward, it is expected that
the Belmont Extension shaft can
open up the continuation of the Bel
mont veins.
The Buckeye Tonopah mine lies
just beyond the Belmont Extension
in the same line (eastward), where
the shaft has been sunk to about 500
feet in depth, and equipped with a
44-horsepower hoist, air compresso"
and Murphy and Hardscog drills.
The consolidation of these two
mines, means active work in the east
end of the district, and the striking
| of ore will extend the ore producing
belt of Tonopah to the eastward and
will mean much for the future of
Tonopah.
Mr.. Ballet, consulting engineer
for the Buckeye, said last evening:
The Buckeye mine started work
on theories and geological forma-
tions only, and with occasional as
says of float and from the black crop
pings on the property, running from
So to 50 ton-one piece of float
reaching $14 in it's assay. The work
was done by contract for the first
14S feet at SIS per foot COMPANY
furnishing timbers, tools, etc. It
was thought more of prospect
shaft than for any other purpose, to
see what the formations would re-
veal, to substantiate the theories.
The entire shaft is in rhyolite, but
at about 115 feet depth, slip was
encountered, dipping southwark, OF
into the mountain toward the dyke
outcrop This slip was filled with a
stringer of stained quartz little less
than one-half inch wide, which hy
breaking separate from the rhyolite,
gave an assay of $72 per ton. There
was not enough of this obtainable, to
fill an ordinary water bucket, but it
was looked upon as feeder or
stringer from some body of quartz
deeper in the hill After passing
this slip, the rhyolite had many slips
in it, without the quartz appearing,
and broke very coarse, with occa-
sionally some iron showing up. AT
: 14S feet we let new contract TO!
: $50 feet more at $22 per foot (com-
t pany furnishing tools and timbers as
7 before) and hoisitng with a horFt
whip, and a gravity tramway, IL
counterbalance the bucket. At about
$50 feet this method of hosting be
came too heavy and hosting ma
Il chinery was ordered, also compress
sor, drills, and pipes, and big gai
+ lows frame erected. During the last
! 100 feet or so, the rhyolite still con
|. tinued in the shaft and with frequent
i slips and coarse breaking, but pos
Il sibly little shade of blush coming
~ into the celebration, but with n
quartz so far:
d 1--WE believe the ore veins of Tono
d pah run east. beyond the Belmont
4 and all indications point that way
IS and if our theories are correct, W.
It expect to find ore formations abou
COO or 700 feet in depth (but we arr
/ prepared to sink 1900 feet if neces
( sary), at which depth. if the lorna
e lions appear favorable, we will cross
cut to catch the veins.
Il IF the consolidation is made witt
-e the Belmont Extension. l expect t.
: see that shaft sunk down withou
'r stopping to the level of the Belmon
Z ores and crosscut from there for tn
veins, and have not the least doub
v of striking them in that property
ID as the Belmont workings are nov
x well out toward the line of the Be-
M mont Extension"