Los Angeles herald., 1908-11-30
RED ROSE MINE
TAPS STRINGERS
RICH GOLD BEARING ROCK
APPEARS
STRIKE MAY BENEFIT ENTIRE
INYo COUNTY
Monster Mine in Lead Canyon Cells
for ,ooo-Eastern Capital to
Develop Property Pur-
chased


of gold ore. What this really means to
the owners of the property, and posi-.
bly, to the entire mining interests or
Inyo, only those intimately acquainted
with this property can fully appreciate
With the pay chute in sight, the char
acter of the ore identical with that
found by the MeXicans in their work
ings on the surface of this property,
and o backing of more than 250 rect
from the tunnel to the surface OF the
mountain, where the ledge crops the
wealth and production of this mine
defles anticipation. In the words of
Colonel Sellers, il would be within
reason to say, There are millions in
it" but Colonel Sellers had only his
imagination to draw on for his wealth,
while the Red Rose is real mine that
is developing into wonderful treasure
trove.
This property is located in the White
mountains several miles north of Big
Pine, and near Bishop. The tunnel In
it has reached a depth of 2l5 feet ana
is all in porphyry quartz. During the
week stringers of rich ore showing
coarse free gold shot through the rock
have appeared in the face of the tun-
mel. and paintings made of this rock
showed a string of yellow metal In
the pan which staggered conservative
mining men. One piece of rock about
the size of a walnut was panned that
gold, and the values in one of these
stringers were so phenomenal that eX-
perts pronounced it half pure gold.
Rock Is Characteristic
This very rich rock is characteristic
Of this mine On the surface samples
have been taken which assayed over
$2S0,000 in gold, and the Mexicans
working the property years ago LOOK
hundreds of thousands of dollars from
the surface diggings. The question
which confronted the present owners
OF the property when it was taken up
for development was whether these
rich ore bodies that cropped on the
surface reached any depth, and on the
venture that they would go down, the
tunnel was started more than year
ago in which the recent strikes were
made.
The Red Rose is under bond to M.
r. Stovall Of Bishop, and on the APP
pearance of the changing conditions IN
the tunnel a larger force or men mas
been set to work Cash offers for the
property have already been received
from eastern parties, but under the
present promising conditions no price
appears tempting to the owner or the
bond The rich stringers vary in width
from two inches to four inches ana
as many as four have appeared across
the face of the drift. With each foot
Of progress made in the tunnel these
rich stringers have gained in width.
What this means for property with
ore running into unbelievable values,
and at such depth, is easily deduced'
and developments of the next lew
days are eagerly awaited.
$500 Ore Is Found
A new lease operated by George Cook
and associates on the Perry group in
Memo canyon at Wild Rose, eleven
miles south of Sl1idoo, has developed
substantial body of silver ore that eX-
ceeds anything yet found in the dis
trict. Two samples recently taken re-
turned $500 and $500 ton, the values
being nearly all in silver. The ore is
similar to the characteristic Darwin
ores, heavy in iron and lead carbon
ates. The property is owned by Judge
Frank Thisse and ]. D. Mason of
SlSidoo, who also own the adjoining
Arnold group from which rich gold ore
was taken last spring. 1t is likely
that a shipment of the silver ore will
be made to Keeler within short time.
One of the largest and most import
ant mining deals ever made In lnyo
county was consummated last week
when the Monster mine in Lead can
yon a few miles southeast Of Big Pine
on the Ubehebe road in the White
mountains, was sold to S. A. Stanton
of Manhattan. representing a group
of New York capitalists. AS result
of the zeal leIl men HdN6 dlIEdQy pCSA
nut TO work on the property, a con-
tract let for hauling the ore to the rail-
road, and shipping will begin at once.
The price brought by the property is
known to be upwards of $4,000 and is
supposed to be nearer $4,000.
The group of owners are also to re-
ceiVe 20 per cent of the smelter re-
turns on the ore shipped until the final
payment is made upon the property.
The payments are to be in monthly
dnstallments of 10 per cent. The mine
is a silver lead property and is already
we'll developed. having been shipper
for some time.
A number of very good assays in lead
and silver were secured this week by
John Schobert. who has located an old
mine in Gunter canyon, north of Big
Pine in the White mountains. Samples
taken from the face of the drift in the
old workings gave returns that varied
from $50 to S65. A shipment of five
or six tons of this rock has been made
by the owner and the work OF taking
out ore will continue
This mine, which appears TO be name
less, was once quite a shipper and
properly belongs to the new old mines
that are so numerous in this section.
The district in which 1t lies was thor
oughly prospected by the Mexicans for
a long time. The old workings are still
in evidence and the drifts have re-
Gently been opened up again by Scno-
bert.