Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1909-04-12
ROUND MOUNTAIN
MINES S35O,OOO
LATEST BULLION CLEANUP
NETS S24,000
FLORENCE COMPANY BREAKS
INTO PICTURE ROCK
GoldfieId Consolidated Enters New
ore Body Averaging 500 Clear
Across-Red Top Strike
Pleases Expert

GOLDFIELD, April 11.-Bullion re-
turns from the Round Mountain Min
ing conpany's property for the month
of March $4,000.
Cleanup for the last fifteen days OF
March, $4,000.
Bullion production of the company
for the year just closed, approximately
$s5O,oOO.
Month Just closed the biggest from
the standpoint of gold bars in the MS
tory of the corporation.
This briefly tells the story of the
Round Mountain, operating north OF
GoIdf1eld, one of the bonanza corpor-
ations of the west, and steady dlVl-
dend payer. A consignment of bullion
has arrived the last of the March
cleanup, and opens new era IN the
production of the property. Inc coiii-
pany has been operating its mill at
Round Mountain one year this MONTH
and the bullion production last mohth
was the largest in its history, with the
last fifteen days $4,000, or approaching
$1,000 a day for that period. In the
opinion of j. 2. Lotus of the company
the annual report will show not tar
from s35O,0O0 total bullion production
of the company for the mill year.
There has been PAID SO lar III oiEi
dends $12S,000.
This is only what one might term q
starter. The huge electric power ana
light line into Round Mountain ana
Manhattan is now being forced as rap
idly as money can do the work.
John Wellington Finch, the well
known expert and geologist, has lett
with Sewell Thomas, the mining en-
gineer. for the Round Mountain prop
erty. Mr.. Finch will make complete
geological survey, and is considered
one Of the best qualified men in the
country in this line of work. his re-
port will determine apex questlons'
show rock and vein formations, etc.,
and furnish an excellent guide for 1u-
ture development work. James X
Davis is now on the ground gathering
data for the annual report, which VIII
be made to the stockholders April IL.
Picture Ore in Florence
Current reports on the streets are
that the Florence company haa broken
into from two to three feet of ore at
the 600-foot level that runs away up
into the pictures.
The find is said to have been made
at about the connection between the
workings of the Florence proper ana
the old Engineers lease, which was one
of the richest known to Goldfield.
Those interested refuse to commit
themselves, but it is known that as
says are being made, and it is believed
that the result will be astonishing.
Some of the high grade being shipped
by the Florence is reported to be COM
ing from the territory into which the
Little Florence broke when 1t was COM
PEELED to shut down by reason of haV-
ing exceeded it's limitations, A great
deal of this rock is of jewel character.
An ore body ten feet in width which
has thus far been opened up for twenty
feet, assays from which yield from
three to fifty-eight ounces in gold to
the ton, or, roundly speaking, $50 to
$780, with an extremely conservative
average of 500 clear across, forms the
latest plume in the magnificent Easter
bonnet of the Goldfield Consolidated
Mines company.
In entirely new ground-an estate
practically untouched except for oc-
casional erratic scratches in the past
this latest strike at once consumes
what little establishment was left when
news of the big find in the Hampton
stope of the Combination was made
public a short time ago.
The Lucky Boy claim of the Jumbo,
that unexplored estate lying directly
south of the Red Top, east of the
Jumbo Extension and west of the Cler-
mont and Grizzly Bear claims, bears
every indication of being one of the
biggest producing areas embraced
within the possessions of the gigantic
corporation, and but adds to the ire
mendous possibilities of production.
To Rival Mohawk
Experts declare that the strike which
was made from the company workings
of the Red Top bids fair to rank with
the best exposed in the famous Mo-
hawk.
At depth of 300 feet drift was
run to the southeast into the Lucky
Boy claim of the Jumbo. At three
points the big vein was apparently en-
tered, but the first two forks kinked
to one side, as if the ore had been en-
tirely lost. The third, however, con-
tinued in ore for while, and then it,
too, apparently broke The material
being still quartz, however, and the
general rule being never to quit while
in quartz, a gap of perhaps fifty feet
was covered when suddenly a round
of shots opened up a body of ore or
splendid proportions, which is now
being developed. This ore body is al
most identical with that in the famous
Hampton stope on the Combination
No. l ground, and at this time indi-
Gates equal permanency. The discov-
cry is at the extreme south end of the
Red Top workings, and opens up ire
mendous theories for the secrets in the
bosom of the fourteen or more acres
comprising the Lucky Bow claim,