Los Angeles herald., 1909-11-13
ALAMO DEVELOPS
ORE FOR LEASERS
SILVER MOON CERTAIN OF
TWO-F0OT SHOOT
Promoters of the Company Are Well
Known and Successful Goldfield
perators-lnteresti History
of Lucky Boy Mine

r. V. lie Grande of Pasadena has
received a message from Lucky Boy
the silver lead camp in the northern
part of Esmeralda county, Nevada,
where he is heavily interested, that
the Alamo company, owners of the
Lucky Boy ground, has extended the
west drift to the 40-foot level few
feet into the leased block of the Silver
Moon Leasing company. When the
discovery was made that the line had
been crossed the company stopped
the work. leaving two feet of very
high grade silver ore exposed, assays
from which run as high as $3.50 per ton.
The Alamo company, of which Mr..
LIE Grande was the original owner,
took over the block of ground which
was under lease to Hubbard of chi
cago. and from which he shipped $780,
o90 worth of ore, and has been extend
ing the slopes and opening up the
ground. The Silver Moon lease adJolns
the Alamo workings on the west ana
has a shaft down past the 2OO-1oot
mark. n gasoline hoist installed and
three shafts sinking with machlne
drills. The manager of the lease Is
Mccarthy, who directed operations OF
the famous Engineers lease on the
Florence at Goldfeld, which produced
n million dollars in fourteen weeks.
Associated with him are former Sen
ator Dix Smith of New York, who was
president of the Florence Annex Min
ing company on the block OF ground
adjoining the Enineers; j. r. Wood
bridge of the Western Ore Purchasing
company with headquarters at Gold
field, and NJ. ]. Sullivan, Goldheld
merchant. Mccarthy is after the Hub
bard record and believes he can beat IL.
Several months ago it was reported
that an option on the Lucky Boy had
been given to representatives of the
American Smelling and Refining COM
pany, a report which was confirmed by
Adams e. Miller, who control the COM
pany. The A S. and r. permitted the
option to lapse and the Alamo COM
pany Immediately began development
work and has since been shipping the
ore encountered in that work. AS the
different shafts were carried down the
permanence of the ore deposits were
demonstrated, and Mr.. lie Grand is
informed that officials of the smelter
trust are still on the ground and that
some big deals may be pulled off any
day.
Hubbard is the man who bought the
Combination mine in Goldfield for
SIS 900 seven years ago. He took the
purchase price out of the big glory
hole before the final payments became
due. actually drawing on his bank &C
count for the first payment OF S5OOO
only The Combination Mines COM
pany. which he organized, put up
mill and paid 81, 900 in dividends
out of the mine and then sold it to
the Goldfield Consolidated for $4,O0O,OOO
The Lucky Boy property was put up
to him by L. L. Patrick the same man
who secured the Combination for him.
and Hubbard had the ground optioned
and had made one payment. When the
second payment became due he was
few days too late. The mine had
opened up in splendid shape in the
meantime, and Adams & Miller, the
owners. took forcible possession and
refused to extend the time for the
payment. The matter was finally COM
promised by giving Hubbard lease
on a portion of the ground and he
produced ore to the value Of S800,0O0 In
ten months. The ore runs high in
silver, the average shipments lowering
around the 800 mark.
Several leases are In operation on the
big lode, and two. the Mccormick or
Broken Hills and the Mitchell and
Fairfield, are shipping. The Spenser
lease is also in ore, and from the pres
ent indications the Silver Moon will
soon be adding to the production.