The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-19
RAWHIDE FAST RETURNING
TO ITS NORMAL CONDITIONS

uct of l~easeholds on the Coalition. Coali-
ton ground is yielding more than two
thirds of the districts entire tonnage
of high grade ore. The greater portion
of it is mined at the Grutt Hill Mint
and Grutt Hill Coalition leases. An
ore shoot having an average value OF
$50 the ton. exclusive of excessively
high grade quartz, is continuous be
tween the two blocks. Almost any sort
of phenomenal assay return can be Sc
cured from the treasure section. As an
instance in point your correspondent
cites the fact that eight pounds Of gold
were recently reclaimed by hand from
40 pounds of ore from the Mint lease.
Other Coalition Leases
The Truett lease ON the Coalition, a
controlling interest in which was recent
" secured by Messrs. Nixon and Wing
field, is sending $125 per ton ore to
sampler regularly, is blocking out a
large reserve of $35 per ton ore below
ground and is sending a tonnage of like
grade to local mill as frequently as OPP
portunity for its reduction presents it
self. What is true of the Truett is also
true of the Miller and DeArmond
leases. The Victor lease is proving up
a splendid body of milling ore, and is
likewise sending an occasional shipment
of $3.50 per ton ore to smelter. Ship
ping and milling grade ore bodies are
likewise being developed in the Sun
beam, Mint-C Coalition Extension, Day
ton Toledo, Aspen, Kink Hill, Grutt
Mining, Kaufman, TOWNSHIP and Hooli-
gan lease blocks. A hosting plant was
installed this week at the Mint-Coali-
ton Extension shaft. Hoists are en-
route here for the Townsite and Hooli-
gan leases.
The Queens Wealth
The ore sent out each week from the
Kearns No. 2 lease on the estate of the
Rawhide Queen Mines company is net
ting $3.50 the ton. That forwarded
from the recent find in the Ogilvie-
Reynolds lease workings on the Queen
has an average value Of $175 the ton.
The product from the recent find in
the st. Ives lease workings sacks as
high as $500 gold the ton. All of the
leases mentioned are blocking out re-
serves of milling quartz. Its average
grade is not far below $50 the ton.
The Rawhide Florence
Among a number of mining men of
experience to secure leaseholds here re-
Gently are John Gait and B. f. Sweet,
representing the Rawhide Venture
Mines company, a corporation in which
Denver capital is largely interested.
For the company mentioned they have
secured a three-year lease on the New
York Annex claim Of the Rawhide Flor
ence Gold Mining & Milling. company.
The leasing company in question is in
corporated in the amount of 10000
shares of which SOC, 900 shares are in
treasury. The company has a working
fund of SIS, 900 with which it is the in
~tention to develop to depth a ledge dis
covered by Mr.. Sweet, the original To-
Gator of the claim. The ledge has
yielded a gold content as high as SAT-
the ton. In turning over the claim to
the Rawhide Florence, Sweet stipulated
that he should be given a long term
lease on the entire acreage. 1t is this
lease which is now the property of the
Venture company. Development began
on September l, and is to be facilitated
within a few weeks by a powerful hoist
ing plant.
LOS ANGELANS INTERESTED
D~iamondfeld Jack Davis has inter
ested Los Angeles capitalists in his