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

RAWHIDE CONSOLIDATED
MINES COMPANY
This company owns a group of eight
claims and four fractions, about 165
acres, adjoining the estate of the Raw
hide Queen Mines Company on the
southeast and the Balloon Hill Min
ing Company on the south and embrace
ing all of Murray Hill and Consolidated
Hill. The holdings consist of the Bald
Hornet, d. and D., Early Bird. Davis
and Dunning, Nevada Umpah, Nevada
Umpah No. /. l.. and NJ. No. 1 and
L. and M. No. 2 claims. and the Bald
Hornet, Goldpah, Moccasin and Lucille
fractions. The company is capitalized
for 1000, 900 shares of a par value of
81. The officers are: c. C. Dunning.
president; Eugene Grutt, vice president;
Fred Grutt, secretary and treasurer.
There are 80 leases on the property. all
of which will be under active develop
ment by the 18th inst. The best of
these at the present stage of develop
ment is the Murray lease, which has
been incorporated under the name of the
Rawhide Mining n Reduction Com
pany. with a capitalization of 1000. 900
shares of a par value of 81. The lease
has been opened up by two shafts. The
old shaft, which was abandoned because
it was too high on the hill for economi-
cal work, is 80 feet deep and all the way
in ore Of good milling grade. The new
working shaft, which is situated SO
feet down the hill from the old one. is.
down 80 feet and has opened up an
immense body of high-grade milling ore,
WITH u IWO-IOOL StIcdh VI SLiPpih6 !
running from 5000 to $500 a ton. Four
carloads of ore that has been sorted up
to $500 a ton is now on the dump.
awaiting transportation to the smelter
The Murray ledge is at least $50 feet
wide and carries ore of good milling
grade for its entire width, making the
biggest milling proposition ever dis
covered in Nevada. The A~spinwall lease,
which adjoins the Murray on the north,
is on the extension of the Murray ledge
and has opened up an ore-shoot at a.
depth of twenty-five feet hat compares
favorably with that On the Murray
lease. The Aspinwall was recently sold
to Eastern capitalists for $4,000. The
Big Four lease, which adjoins the MUIR
ray on the south. has the southern ex-
tension of the Murray vein. The shaft
is down fifty feet. where the showing
is about the same as at the same depth
in the Murray. Trenching on the sur
face some distance from the shaft has
two feet of ore assaying $500
a ton. This lease is Incorporated under
the name of the BIZ Four Leasing Com
The Gardner lease, on the Davis
and Dunning claim, has just started a
on a vein Of good milling ore
which contains an eight-inch streak of
high grade shipping ore. This lease
is in process of incorporation. The Fit
ting lease. situated on the L. and NJ.
ore at a depth of fifty feet. 1t
will be incorporated within a few days.
In addition to the leases named. there
are many others hat have uncovered
promising veins. and all these will be
developed by their owners Fifty
thousand shares of Consolidated stock
were sold at 20 cents per share a few
months ago. 1t has since sold up to
There is another block Of 50.-
900 shares of ownership stock loose.
emit. A market has not yet been estab-
lished for the issue and it is impossible
to quote a price accurately. Eventu-