The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-02-29

Much activity is now being displayed
In the development of properties at Gold
Crater. and esevers1 different parties of
capitalists are quietly making investiga-
tons with a view Of erecting stamp
mills to treat the large deposits Of free
milling ore now exposed In many OF the
mines.
The Gold Crater mining district is In
Nye county. thirty miles southeast of
Goidneid. II was discovered in the lat
ter part Of the summer of 1904 by a
party OF prospectors who were return
ing from the Quartz Mountain district.
An accidental find of several large
pieces of quartz float literally sprinkled
with free gold was the cause of a STAN
pede to the new camp and 1t was not
many weeks until the entire district was
located.
The Typographical conditions of the
new district Is to be called Gold Crater
IL being situated within the confines of
an extinct volcano. the rim OF which is
about eight miles in circumference. In
the center of this area there were
pushed up during the period of volcanic
activity three large sized hills. or blow
outs" from which radiate numerous
dykes. The formation of the district is
porphyry. assured with a net work Of
quartz lodges cropping to the surface,
and from which a large amount of high
grade ore has been extracted inc shipped
from several OF the claims; but like
many other districts. the milling pre-
dominates over the shipping ore.
There is a marked similarity between
the formation at Goldneld and that at
Gold Crater. Erosion within the vol
canic rim has exposed the dacite and
andesite, with more or less alteration.
Developments prove ~conclusfvely that
the liberalization Of the central area
Is exceedingly extensive and very fav-
orable for big ore bodies carrying large
values when sufficient depth IL attained.
Owing to the lack of milling facilities
and the excessive cost Of transportation.
the development Of the mines has been
somewhat retarded. and Gold Crater has
not received that attention from In
vestors which II deserves. With the
Of the several contemplated
milling plants conditions will be
changed. n 1t is quite probable that
before very long the vast amount of
ore now available for treatment
will be turned into bullion.
Many properties which have been ly-
ing dormant are about to resume active
development. e. c. Root. the general
manager of the Peacock-Gold Crater
Mining company. will shortly return
from the east prepared to continue the
further development Of h claims
owned by his company of which f.. ID.
Mallory, the well known packer of Bal
timore is president. This company had
been developing three claims. the Pee
cock. Manxman and Black Eagle. On
the Peacock a shaft has been put down
to the 2o0-foot mark and II will be con-
tinued to the 500-foot level. A large
body of sulphides was uncovered In the
at a depth of so feet. but II
was not of a grade TO permit shipping.
although It would yield splendid re-
turns If treated at the mine. The W
other claims, Manxman and Black
Eagle. owned by the company. have been
developed suficiently to convince their
owners that they only need further
working to show up equal to the Pea
cock.
Gold Crater IL not without its high
grade ore producer. The Polly. owned
by Jim Turnage and Joe Lind. had pic