Los Angeles herald., 1908-12-14
UNCOvERS LEDGE
UPON COLORADOS
MINERS ENCOUNTER GOLD
RUNNING $500
ANOTHER GLORY HOLE UNFoLDS
ON FLORENCE GROUND
Bakersfield Man investigates Oil
Fields and Takes option-Nes-
lected Wedge May Develop
Into a Bonanza

GOLDFIELD. Dec. 13-While doing
prospect work on the Colorados a few
days ago the miners uncovered a very
promising ledge to which they imme-
diately called the attentio nof Ed Be
name. one of the owners. Without
much difficulty ledge measuring four
feet was exposed and it was found TO
be a fat streak of much promise Be
name believes that IL will average n
the neighborhood Of from 50 TO 81
The history Of the Colorados is sim
liar 10 that Of most OF the properties
of merit in Wonder district The group
of claims were bought by expert min
ing men when the camp was in It's
infancy. Considerable prospecting was
done and outcroppings in several places
on the half dozen claims gave excel
lent assays
Then the financial crash came and
the owners Of the Colorados were COM
PEELED to abandon work on the Colo
RADIOS and wait for more propirious
times
II Is understood that Frank Golden,
George Wingfeld and George Winckler
are ready 10 supply sufficient money
iust as soon as Benane is positive of
The value and extent of the vein which
he has uncovered and of his assurance
that a good mine can be made of the
Colorados.
Bio Strike on Florence
The richest discovery on the Gold
field Florence ground since the famous
Engineers lease was uncovered in the
adjoining block of ground to the east
formerly known as the Daisy Florence,
and now the property of the Mitchell
Fairchild Development company, last
week.
and a half inches long by one inch
wide and quarter of an inch thick
resembles the famous Cobalt silver ore,
except that it was gold and worth at
least $500, 600 a ton. The pure metal
was simply plastered on the quartz rs
if a piece of gold mortar had been
slapped there with a trowel
There is metal in the rock that 10
the naked eye looks like pure gold.
The seam, about a quarter of an inch
I'm width is not necessary to assay, as
there is by far more gold than quartz
When tested by fire separately from
the choice pieces this statement is
borne out
Another glory hole has been opened
up. and as the lease has until the mid
die of April to run. an immense amount
of gold will be taken out in that time.
The former leasers from Chicago must
have spent $150,0O0 on the ground with
out getting any returns.
Looks Over Oil Fields
w. j. Lee of Bakersfield has gone to
the Goldfield oil fields on the salt
marsh, where he has secured large
acreage under option. He spent some
time making a thorough inspection of
the possibilities for oil in the district
last week. and as he is an expert in oil
formations, the fact that he has taken
hold in earnest is encouraging to those
who have faith in the fields. He was
one of the very first operators in
Bakersfield, and knows the business in
all it's details.
''From my observations he said, che
chances are more than good for the
opening of an immense oil field. The
blue clay in the NeVada-Bay State hole
is taken as a sure sign in any oil coun-
try in the world that an oil sand stra-
tum is underneath. When 1t IS entered
there is sure to be oil, and the only
question is the quantity, quality and
market value
The Goldfield Fraction is the name of
a little piece of ground that has been
known by that name since the first
location was made. more than four
years ago. Since that time the wedge
shaped piece of land has been owned
by several promotion companies, and
it's greatness was heralded to the world
on account of it's nearness to the big
mines of the camp.
oVerooks Little Wedge
In doing the patent work, the Con-
solidated passed the little wedge byI
evidently, as not being worthy of con-
sideration, as did also the White Rock
company Houses were built upon it,
and the owners were content with their
squatters title to the ground, suppos-
fro hot
They We're content to remain there
until the mineral locatoTs came around
to notify them that they We're on
patented ground. In a vague way It'll
was known that there was a fraction
in the neighborhood that had not been
patented and that it was subject toI
relocation, and this coming to the ears
of Augustus Sattler, secretary of the
Goldfield Consolidated Mining Stock
exchange, he took an interest in the
matter.
with Martin D. Mcmahon, a fraction
hunter, the lines were run off and it
was found that there was a strip OF
ground which, in its widest place is 100
feet and running 1900 feet to a point,
with an acreage of an acre and one
half.
on investigation they found that no
work had been done for at least two
years on the wedge, so they staked it
themselves, and the name was not
changed. A discovery monument was
erected and the necessary location
work was done; the corners were erect
ed, a survey made and the location GER
tidcate recorded.
The little discovery is located on the
extension of East Ramsey, and is sur
rounded by properties on which there
is substantial work going on, and 1t
may turn out to be a bonanza.
Strike Looks strney
GOLDFIELD. Dec. 13.-The immense