The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-05-23

ent md promises 10 De the richest MN
ing venture he ever invested a dollar in.
ogiivie-R Reynolds
1t is but a question of days now un'
til the shaft on the Ogilvie- Reynolds
lease on the Queen estate is down ia
the 200-foot point. The lease is one of
the most surprising in the camp. 1t is
on direct line to the northeast from the
famous lease No. . on that acreage, and
that il has the continuation of the same
rich ore body has been demonstrated
by underground survey. Further evi
dence to that effect is found in the pros
peet hole IS feet east of the shaft
where is exposed an ore shoot the re
plea of that showing in lease No. 2
As the two workings are 800 feet apart
il becomes evident that the shoot holds
it's riches across the intervening space
AT the 2O0-foot level the Ogilvie-Rcy
! nolds people will tap this shoot, ant
will probably enter upon an era OF
regular production. The shaft is dowr
better than 1s5 feet and is being sunk
at the rate of 4 feet each day.
The st. Ives Lease
Sinking continues without intermis
sion at the st. Ives lease on the Raw
hide Queen estate. the objective point
being a depth of 200 feet, where the
main ore channel is to be tapped. This
is the same immense ore body from
which leases Nos. ] and . are securing
their wealth of gold. The present
depth of the shaft is about % feet.
Sinking is facilitated by means of a
powerful hosting plant, recently in.
stalled. North of the shaft is exposed
a rich ore body from which a small ton
mage of high grade has been conserved.
This ore is to form a special shipment
soon to 90 out. All ores from the lease
are to be treated at the 10-stamp mill
which the Last Chance Mining com
pany is preparing to erect here.
Lease No. 1
A new ore body has been entered in
lease No. / on the Queen, the point of
its location being the south drift. II
samples $1,256 the ton across 3 feet of
vein matter. The shoot is hard and
compact and presents every indicatiIn
of ~permanency. The sampling which
gave these highly satisfactory returns
was made by Vice President Barrett of
the Rawhide Queen Mines company.
Lease No. 2
Lease No. 2 on the Queen is again in
ore at a depth of 1876 feet after the
shaft has penetrated a broken up
formation of considerable thickness.
The average grade of the quartz is $50
gold the ton. The significance of the
find attaches to the fact that it was
made at a point fully 20 feet distant
from the rich ore channel that is yield
ing such marvellous gold values at the
65-foot level. Measuring the dip of the
ore shoot at the 65-foot level, the body
exposed in the bottom of the shaft
must have a width of at least 10 feet.
If it holds to an average of $50 the ton
for that width it is one of the greatest
bonanzas in the state. The probable
tiles are strongly favorable, however,
to its breaking to an average consider
ably in excess of that figure as develop
roo,+ ia +ba workiuus m date has
demonstrated the greatest gold coneen-
~tration to lie along the contact between
the porphyry dyke and the rhyolite.
The latter is perforce at least 20 feet
farther into the hill. The usual weekly
production is being made from the
workings, it's average grade being $3.50
the ton. A small tonnage of $15,o00
per ton rock is also being conserved.