Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-02-27
GETTING RETURNS
ON INVESTMENT
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much noise that people living within
block of the place can't sleep at
nights.
I'VE left there yesterday and there
had just been started a big excite
ment over placer discovery. fell
low named Frenchy went into Bak-
er's saloon in Squattertown. and
showed a panning that would go not
less than an ounce in gold. He had
been prospecting on the Davis prop
erty down in the fiat, about two
miles below town, going in from
Nina. The news spread abroad, and
by the time left there. there was a
big rush for the diggings. / don't
know what it will amount to, but if
they find any more of the stuff that
Frenchy got, there will be great do
ings there. went to Goldfield in
the early days with Ole Elliott, and
want to tell you that the camp in
those days was not in it with the
showings that there are in Raw
hide"
Uri B. Curtis, who was one of the
first corners into Tonopah, and who
was through the Goldfield rush, ar
rived here on Monday from Rawhide
He spent three days in the new camp
and was very well pleased with all
! he saw
Il have been interested in Regent
district for the past year." said he,
"and may be prejudiced in favor OF
Rawhide. On the Regent property
the showings are better than any
thing that | have ever seen outside
of Tonopah. There is plenty of gold
in Rawhide, and it is in evidence
where it can be seen by anyone. In
the Royal Tiger group there is gold
and silver. / am interested in the
Ogilvie lease on Balloon hill, and we
have got down to where we get pam
nings. We have not got deep enough
to take out the ore. and we have not
reached the point where we expect
to find it, Rawhide certainly has all
the earmarks of being great camp"
Dr. Garner was another arrival
from the new gold field. and his ex-
pressions are in accordance with
those uttered by the others, who have
backed their Judgment with their
coin. He says that the camp is the
busiest place in Nevada He says
that it is next to impossible to get
piece of property close in, and that
there are no properties to be had
there without cash payment down.
J. G. Richardson, who has been
mining in this section of the country
for the past year. especially in the
Fairplay district, returned yesterday
morning from the East He says that
Rawhide is in everybody's mouth and
that the New York papers have
great deal to say about the new dis
trict.
The Nevada Mining and Reduction
Company, the fortunate owners of
the famous Murray lease, have had
another strike made on their prop
erty at the other end of the camp,
on what was formerly known as the
Drew property. The Murray lease
is at the Squattertown end of the
camp, and to reach the Drew prop
erty. the Balloon and Grutt hills are
traversed. On the other side of the
Grutt lease, which caused so much
excitement in the early days of the
camp. the Drew property begins. and
there are noa less than twenty-one
leases at work thereon The Colonel
Acorn lease has twelve-inch streak
of rock that has been producing $3.50
ton, and now comes news of a big
strike on the |. X L. lease No. 3,
where six feet of shipping ore has
been reached at a depth of fifty feet.
The strike was made a week ago
last Tuesday, since which time a
depth OF ten feet has exposed rock
which holds TO an average of from
500 to 5000 ton. The two leases
known as the l. X. L. were bought
three weeks. ago by Irving Peterson,
Milton Flynn and others, and the
work of development placed in the
hands of John Sweeney, who brought
! to the attention of the mining world
the celebrated Mollie Gibson mine at
Aspen. A hoist and two drills have
been ordered, and the working of
taking out the ore is going to be
rushed as fast as possible.
The new strike is regarded as one
of the greatest Importance to the
camp. The property had attracted
the attention of all the mining men
! who went into tba oap,u f<,c a., ,,ao