The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-11-28

l and Victor leaseholds since the fling
of previous dispatches by your repre-
sentative at this point, lend additional
value to the 160-acre estate of the Raw
hide Coalition Mines company, as they
vie in Importance and gold worth with
recent discoveries at the Truett, Miller
and Richard Holland lease blocks ON
the Happy Hooligan claim of the same
company. OF the three finds, that at
the Mint is unquestionably the most
potent in it's bearing upon future ore
production from the immense dyke sys-
tenn that traverses the Coalition estate.
Continuity at Depth
BY touching off a round of shots In
the supposed hanging wall of the ledge
which has been followed from surface
to an incline depth of 290 feet in the
Mint shaft, the same high grade ore
shoot exposed at the 50-foot level, and
which first brought the leasehold into
prominence, has once more been encoun-
tered. As the vertical depth at which
the discovery was made approximates
275 feet, and as the same deposit is
showing at the las and 1S5-foot levels,
an ore body is in sight that is continu-
Gus from grassroots to a depth of 275
feet, the latter representing the great
est depth at which pay rock has been
o..1,.-oI =, <h.o -, and xroafs
cally guaranteeing the persistency at
great depth of the Coalition dyke sys-
tenn A station has been cut at the bot
tom of the incline shaft and a drive is
now being sent to the south in ore, all
of which will mill $l5 per ton, exclusive
of the stringers of high grade. The lat
ter at times yield a gold content into
the dollars per pound and are sacking
an average value of 5000 the ton.
Immense Body In Sight
The real Importance of the opening
up of ore at a depth approximating 275
feet at the Mint lies not SO much in the
average grade of the shipping product,
as in the fact that an area of Stopping
ground is now presented which extends
almost to surface. Within that area is
an enormous tonnage of milling grade
ore and a generous tonnage of shipping
grade average. A recent measuring and
sampling of the deposit justiies the as
sertion that the Mint will soon be in
position to output from 80 to rs tons
of SIS per tor ore each day and about
5 tons having a value approximating
5000 the ton. By careful sorting it
would be possible to conserve a nominal
tonnage having a value much in excess
of 5000 the ton, as assay returns as high
as 81, 1000 the ton have been secured
from the cleavage planes, but the man
agement prefers to establish a single
shipping standard rather than add
further to the reputation Of the lease
as a producer Of phenomenally high
grade quartz. For the present, extrac-
ton will be confined to shipping grade
ore, but as soon as the first 2O-stamp
unit of the Coalition company's 5O0-ton
mill is in commission the low grade rock
will begin to move millward.
High Grade at Proskey
Col. Nat Proskey is mining ore hav-
ing an average value of $22,45S gold
and $469.40 silver the ton at the Pros
key No. / lease on the Coalition estate.
The quartz obtains in a narrow seam
along the footwall of the ledge in which
a winze has been sunk a depth of 10
feet below the floor of the 65-foot level.
The entire deposit at that depth has an
average value in excess of $18 the ton,
exclusive of the numerous ~stringers of
high grade. The latter have an aver
age value of $3.50 the ton, the figure
representing the net return on the ship
somewhat recently sent to am
pier. just at present Col. Proskey is
devoting attention to the extraction of
shipping grade ore only, but he is pre-
pairing to block out the milling grade
and expects to have a generous tonnage
Of the latter in sight by the time the
Coalition mill begins its. labors.
Victor in Bonanza
Ore of bonanza value is being mined
at the leasehold of the Rawhide Victor
Mining and Leasing company on the
Coalition estate, and is being saved for
shipment to sampler by express. The
high grade discovery was made a few
days ago in the heading, and in the
stope at the 125-foot level. Recent dis
patches from your representative here
have referred to the before mentioned
as the "150-foot' level. The average
value of the ore now being extracted at
that point is 500 the ton, and a ship
ment of that grade went out last Mon
day morning. 1t bulked 20 tons and
was consigned to sampler at Hazen.
Superintendent Cook is authority for
the statement that 12 feet of the ore
showing at a depth of 125 feet will
break an average Of SIS the ton, and
that 3 feet of the deposit have a value
varying from $s5 to 1929 the ton. The
south erosseut from the 20O-foot level
is showing stringers of high grade, and
will soon reach contact with the ore
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