The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-04-11

begin crushing ore in a week or ten
days. The Sphinx is owned by tho
Lorillards of New York, the tobacco
magnates, and by W. II. Clark of Gold
field. The mine has been opened to a
depth of 300 feet, where a 20-foot ledge
carries an average value of SIS. The
two discoveries last named prove the
immensely of the Sunnyside ore shoot.
ROUND MOUNTAIN RED TOP.
Several claims comprise the acreage
Of the Round Mountain Red Top, the
king pin Of which is the Black Hawk.
II adjoins both the Sphinx and the r.
NJ. Co.'s holdings. A number of leasers
are now busy and work is also being
done on company account r. L. Col
burn and Gurney Gordon, tho original
owners, nave financed the company to
the Irving X. Harrington company of
New York City for a handsome sum.
ROUND MOUNTAIN CENTRAL
G.. 8. johnson Of Goldfeld, Charles
r. Evans of Manhattan and Burr Broth
ers of New York City are the principal
owners of the Round Mountain Cen
trail, which adjoins the Daisy and the
Antelope. At present tho company is
being financed in order to do develop
ment work. There have been a number
of applications for leases and one will
begin work in a few days.
FAIRvIEw OF ROUND MOUNTAIN.
This company has been pegging away
since the early days of the camp, and
during the past year it installed a FIVE
foot Huntington, which is crushing ore
running better thar $50, saving prac-
tically all the values. The vein is a
contact between two varieties of por-
phvry. The ledge, several feet of
which Yields excellent milling ore, is
about 20 feet in width.
ANOTHER MILL
A few days ago the Nazro custom
mill began operations on ore from the
Mattly- Maui lease on the Great West
ern. The mill is Of the Elspass variety
and has a capacity Of so tons daily.
c.. H. Nazro erected the mill. He IS
backed by Denver capital. At q
90 leasers are clamoring for an oppor-
tunitv to work their ore, and Mr.. Nazro
is planning to double the capacity OF
his mill. Meanwhile nearly half a doz-
en- other mill projects are being worked
out.
SOMETHING ABOUT FORMATION.
Round Mountain formation is akin
unto itself. 1t is a most interesting
studv for both the geologist and miner
~alopist. 1t consists of a highly silicified
rhyolite, containing altered granite IN
trusions. The latter nearly always
forms a vein wall. SO extensive is the
s;lie;ication and liberalization of both
tho porphyries and GRANTEES, that every
nebble on the mountain side and every
piece of permanent formation thus far
tested Yields not less than 81 and some
times as high as "a in gold. This gold
is of rather poor quality, running an
average of 1913. The ore coming from
the depths Of the R. NJ. M. Co. produces
gold Of better grade, and it is believed
that all the mines will do the same
when they gain the necessary depth.
Too much stress cannot be laid upon
the tendency of all the veins to widen.
Few are more than mere stringers on
the surface, where they are cratic IN
their values, running from 81 to pure
gold, but at depth every vein IN the
camp has widened to about 20 feet and
all carry uniform values, the leanest be-
ing about 80.
Round Mountain was undoubtedly
forced upward by titanic power at a
relatively recent period in geological
history. The vein matter is rather
eruptive than sedimentary in its origin,
a golden freighted lava, as it were. This
theory, if correct, and every evidence
supports it, is ample proof of the con-
tinuity Of the veins and values to untold
depth, where a uniting of the lodges
and seams that show from the summit
to the perimeter Of the mountain, in n
great, ore-clogQed crater, will make n
Of the greatest, if not the greatest,
mines in the history Of the world. No
group Of properties ever discovered
possess the potentialities of the claims
that overlie and surround the little por-
phyry peak at the rim Of Smoky valley.
IN CONCLUSION.
AS an investment the stocks of the
camp are g~iltedged. No attempt has
been made by any of the companies to
initiate values. The camp is paying for
itself out Of the mines and mills, and
rendering large profits besides. The day
is near when the little camp win awaken
to a realization of the fact that it is
the cynosure of the eyes of the mining
world.