The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-05-02

plant. IL is at the kearns No. :, how
ever, that the real glory hole of the
camp is showing. The ore body therein
is 10 feet wide and there is not a
pound Of il which breaks below the
500 per ton mark. Much of it viii top
5000 the ton, and not a little will aver
age better than 81, 1000 per ton. The
entire deposit is streaked and ribboned
with Quartz shot full of gold in the
free which has a general average value
of $4,000 the ton. Recent measuring
and sampling of this ledge would indi-
cate that eight feet of it had an aver
age precious metal grade of $3.50 the
ton. From the ore alread~ in sight and
which could be stopped out between the
lO0-foot level and surface enough gold
could be coined to make everybody con
nected with the lease independently
wealthy and permit the Rawhide Queen
Mining company, owner of this precious
treasure cache, to pay a dividend of so
per cent on its outstanding capitaliza-
ton. The preceding statement reads
large, but not as large as does the pie
thora of gold-flled rock exposed In the
lease workings.
Luning Lease
At the Luning lease on the Coalition
estate testing of the blind ledge re-
Gently encountered at a depth Of so feet
continues under the most satisfactory
mineral conditions. The vein is now
showing better than two feet in width
and will break pay. A 9-ineh streak
is plastered full with free gold, and
will yield any old kind of high grade
assay. There is really 40 apparent linn
~itation to the assay returns possible
from this streak. 1t has already given
a content as high as $1,000 the ton
and then some. 1t was on this ground
that the Grutt boys riled the outcrop
of a ledge of ore sufficient to fill 10
sacks for which they received nearly
$25, 00C. While the ledge recently en-
countered by Luning is not that from
which the Grutts obtained the nucleus
of a fortune it is Quite as rich in gold,
which is after all the main desideratum,
Lillian Lease
The Lillian lease on the Early Bird
claim presents promise of developing
into one of the bonanzas of the state.
Since the strike of high grade made
about three weeks ago at a depth of 40
feet the shaft has been sunk more than
20 feet withou: passino through the
ore. For a number of feet the quartz
has broken an AVERAGE of from 800 to
$50 the ton. Once driftin~ and cross.
cutting have been prosecuted to any
extent on this magnificent ore body
there is little question but what both
~lessees and owning company will be
supplied with the wherewithal for pur-
chasing an almost unlimited supply of
bacon-and other things.
Rawhidc Florence
Work is progressing on the estate OF
the Rawhide Florence Gold Mining &
Milling company both by lessee and on
company account. The ground is grow
ing in popular favor as it's merits are
disclosed through the medium of drill
and dynamite. A number of strikes OF
more than passing moment have beer
made thereon within the past few
weeks, but as they were for the most
part at surface the company is not dis
posed to speak of them Until such time
as they have been proved up at some
depth. 1t can be stated with truth
however, that the ore from the prop,
erty shows some gold in the free and
presents the sort OF mineral indications
which make for ~permanency at depth
The company has accumulated a sub
s~tantial treasury fund and is prepar.
ing to enter upon a comprehensive cam
raign Of development.