The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-05-02

The twenty-five hu"
workings in the No. i tunnei mas eN
posed enough ore to keep the MIL Dasy
for wears. while there is a Ave Mon.hs
run in the dump alone. In AL prov.
ability tho capacity of the riii WI
enlarged to eighty tons before tue emu
of the year.
ooldfeld Granite Mountain
Tn the winter of 1904-05 W pros
n~ectors. Joe Mayer and A. W. Longhi
zane upon a vein of splendid promise
stretching away across a granite noun
.a;n FOR a distance of three miles, one
mile to the south of Old camp anu sN
miles southeasterly from the state Line
mill. On this lead they staked what =
today the Goldfeld-Granite Mountain
group of nine claims and the nucleus Oh
MANY other good and promising groups
surrounding il. whose workers form the
camp of Willow Springs, just SIX miles
southwest of Limo Point on the soutn'
ern slope of Gold Mountain range, look
ING away across Tule canyon, to I'm
mountain and the Ubehebe country be-
vond the northern arm of Death valley.
The Granite Mountain group is joined
on the east by the Butte-Goldfield
group. on the south by the Nevada
Southern. on the west by the Richmond,
with the Nevada Goldfield on the north
and the Courbette and Rattlesnake
oroups of the Bonnie Clare company
one-half mile beyond to the northeast
erly.
The lead crosses Granite Mountain on
an easterly and westerly line and drops
into the desert on both sides. 1t can be
traced over the mountain ridges 1or
more than three miles and is IN places
fortv-two feet wide between weii-de-
fined walls. 1t has been opened up, IN
three widely separated places ana mas
shown values from So to 500, on carefui
sampling averaging $12 for the three
surface showings. The values are IN
gold carving a little silver with leao
~carbonates as the base.
There is being driven a tunnel, now
in 26O feet. in a deep guleh, starting
about 400 feet below the crest where
this gigantic ledge crosses from east
70 west: it ia a pure granite formation
and the tunnel will tap the vein at a
distance of $50 to 500 feet. IL is
equipped with Hercules gasoline engine,
tramway, cars and modern outht, all OF
which had to be snaked up the noun
tain side for a distance of l.oOo rect.
Nine men comprise the working force
and two shifts have been keeping nara
at work since the first of the year:
Nearby is the camp of Willow
Snrinps. twelve miles from Bonnie
Clare station on the Il. V. & I. railway,
where has been developed suihclent
spring water for a small city. quite
enough for the 10-stamp mill and aerlai
tramway which are projected Tor inns
property. As this vein, trasversing more
more than 5000 feet of the Grant
Mountain company's ground. will be
tapped at a depth of 400 feet IN the
present tunnel workings, which with
drifts both ways will open up backs
eo~nservatively estimated to produce
| goo OOO tons of ore of from SIS to $26
in value.
Should the vein increase beyond these
values it is proposed to drop down the
mountain side 600 feet lower into the
pulch and drive another tunnel with
compressors; which lower tunnel would
omen out at the head of the aerial
| tram which will drop the ore 1000 feet
down to the mill, to be located directly
ON the line of the a-California
Power company to Bullfrog. With the
bountiful supply of water available
this electric power crossing the ground
of this group, and the modern outfit to
be installed. ore as low as $40 per ton
will put the company on a dividend
basis.
The capitalization is a million shares,
and the treasury still has 100000 shares
intact together with a generous amount
in cash, sufficient to carry on the devel-