The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-03-14

/ \ 4. A., Columbus, Ohio. Gold1eld
Jupiter is not working at present III
has an ample treasury, but the money
Is tied up In the suspended State Bank
and Trust company. 1t Is learned that
ID. Mackenzie has succeeded in with
drawing the greater portion of the
money deposited through trading other
accounts and he has a plan for the re-
Mobilization of the institution that Is
calculated to make the balance good.
This will render the treasury available
and work will then be enabled to pro-
coed. The Goldfeld Jupiter is located
on a juncture of p~orphyry and alaskite,
being one Of the few contacts In the
camp. When this fault was encountered
the secondary enrichment was found to
WELD values up to s12 a ton. which will
nrobabIy be largely increased at greater
depth. The flow of water has made ope-
rations in this property very dificult
and expensive. The equipment of this
property is one of the best in the camp.
as II comprises an electric hoist, electric
pump. air compressor and machine
drills.
u, O. c., Nsw Berne, y. @. As stated
in last weeks News the Nevada Gold
field Leasing company and Nevada Gold
field Lease company are one and the
same. 1t is apparent from the number
of inquiries that have come In that
somebody blundered in getting out the
promotion literature of the company In
one instance misspelling the name. The
| company is a consolidation or a buncn
of leases. all of which were promoted by
| Robinson & vickers. Among them are
the Mohawk Gold Bar. Mohawk Flor
| ence and Mohawk Daisy. A contract
shaft has recently been completed on
the Daisy property and the dump of the
Mohawk Florence is being screened Tor
sbinment. General resumption Of work
on all the properties is awaiting the re-
turn of better financial conditions. one
of the properties originally promoted by
Robinson & vickers is the famous LIZ
tie Florence. which changed
ment before the ~amalgamation into the
Nevada Goldfeld Leasing company could
be effected.
Mrs. =. r. p. Hollanda1e, Miss. Gold
field Dominion was one of the latest
promotions of the Patrick. Elliott q
Camp mpan before its untimely de-
mise. This company purchased the
Watson group. situated north of Sand
storm hill. The property contains a
gridiron of narrow assures carrying
from traces to 500 values. Considerable
work was lone by Patrick Elliott &
Camp. before the dissolution Of the
firm. 1t Is learned that a number OF
the properties held by this company are
being taken over for the purpose OF re-
Mobilization. AS soon as anything tang
lille occurs The News will publish the
information. While the Goldfeld Do
minion is farther north than any good
strike thus far made in the Goldfield
district. there are surface evidences that
the liberalization extends thus far.
H. W. h, New York. Keystone Min
ing company is incorporated for 1,00o.-
600 shares at 81 par. The estate Is De-
ing developed at present under the leas-
ing system. M. NJ. Detch is president;
j. B. O'Sullivan. vice president; w. j.
Lynch. secretary n treasurer. The
additional directors are s. McMullen and
f. NJ. Hogan. On company account a
ski tunnel has been run a distance OF
4ss feet and two shafts. n 4s and the
other go feet. have been run. The prop
erty has been developed in very economi-
cal manner. as less thar 100. 900 shares
of stock rave been sold.
W. c., Sunbury. Pa Daisy Leasing
and Mining has don considerable work
on the Daisy property on a block adjoin-
ing the company workings. which are
now In splendid ore. h lease en-
countered a very promising ledge some
month ago, br. little work has recent
" been done on the leasehold. General
Manager Geddes has cancelled all leases
on the Daisy. but has promised the
Daisy l. and NJ. an extension II it will
start work on or before April 1.