The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-07-04

W. p, Winnipeg. The Florence Gold
held Red King Claim Leasing com
many. owns a lease on the Red King
claim of the Florence Goldfeld Mining
company. The lease is at the bottom
of Little Florence hill, to the south,
and is Immediately surrounded by sew
eral other working leases. A large
amount of work has been done in this
part of the camp, in prospecting for the
Little Florence and Rogers Syndicate
veins, which have been such enormous
producers of high grade, lately. h
lease is now under new management,
and work has been prosecuted to the
extent of the equipments ability. Re-
Gently water was encountered, and q
new electric hoist of greater capacity
was ordered. There has been no local
trading in the stock, recently, so we can
give you no certain quotation, but
stocks in producing leases in that
section are selling from 10 to 20 cents
per share. The Red King lease is very
well thought of in Goldfeld.
A. s., Portland, Ore. The Goldfeld
Mascot lies in the remote eastern part
OF the district, sidelining the Victoria
on the east. No work has been done on
this property to speak of, and very lit
~ :. 80 xxx.u. ..trbhprhnn1 On that
the possibilities of the district have not
vet developed. (2) Rawhide Paymas-
ter owns two fractional claims in Raw
hide next to the Lucky Boy. The com
pany is not operating the ground on its
own hook but has let two leases. Two
good lodges run through the property
but so far the values are spotted. The
highest assay obtained was $50.
M. & p, Freeport, Ill. The contract
for sinking the shaft on the Associated
Mines company lease on the Velvet to
the 520-foot point, was completed Tues
day Of this week, and prosecuting will
begin at once from the 500-foot point.
While the shaft was being sunk, no
prospecting was done whatever. The
shaft is down at a point very close to
the old Velvet ledge, which had such
a rich ore shoot, and the prosecuting
is for the purpose of intercepting this
ledge at depth. 1t is a ~good-looking
proposition.
1. H. N, San Francisco. We cannot
tell you in just what particulars the
Florence mill had to be changed. Tn
change is not so much in the process as
in the arrangement of the mill for more
economical handling of the ore
Changes in the management of con-
struction have been made two or three
times at the mill after charges and
counter charges of ineompetency had
been made. The mill is now in good
hands and should be finished up with
out loss of time.
r. E. w, Santa Anna, Cal. The Black
Butte Extension is capitalized for a
million shares of 81 par value. Dia-
mondfeld Triangle, also for a million
shares of 81 each. No work is being
done on the Black Butte Extension, as
there is not enough money on hand to
keep up operations for any length of
time. No work is being done on the
D~iamondfeld Triangle, either. The
lease that was working this property
is temporarily closed. This company is
practically without funds.
M. 4 E. Review, San Francisco. A
company called the Goldfeld Diamond
field Mines company was Incorporated
a year or more ago, with c. J. Mattick
and P. J. Reilly, journeymen printers,
among the officers. We are informed
that after Incorporating nothing
further was done, no attempt ever hav-
ing been made to sell stock.
A. H. L., Portland. We had the
promise that the money would be re-
turned and supposed that it was. Have
heard nothing of the people for a long
time. Last address was Athletic Club,
New York. Consult p~ostofice author
tiles.
H. @. r., San Francisco. No work of
consequence being done on Midtown or
Midtown Fraction. Some work was
done by ~leasers, but neither company
ever did much development. The prop
erty is well regarded.
@. w. M, Wheatland, Cal. We have
had no recent news about the Walker
Lake Mining and Exploration company,
but will have something for you
shortly.