Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1909-10-02
silver BOW
IS ON The eve
OF A REVIVAL
INCORPORATION OF NEW COM
PANY MEANS MUCH TO
THAT DISTRICT

1--WE do not adjoin any big prop
erty nor are we guaranteeing div
idends to the stockholders within a
remarkably short space Of time"
said J. g. Crumley, president of the
Silver Bow Mining and Milling COM
pany, yesterday.
THE property owned by the COM
nany consists Of IA full claims and
two fractions, which are located in
the heart Of the Silver Bow district.
This property is unencumbered and
when the 100000 shares of stock
offered for sale are subscribed for,
we will start in mining on a legiti-
mate basis. Numerous veins ap-
pear on the surface which assay
anywhere from a dollar to $300. In
fact on n Of the veins we received
a return of $50 to the ton.
Two shafts have been sunk, one
to a depth of go feet and the other
10 feet. Both Of these encountered
ore.
THE Silver Bow district is des-
tined to be one of the greatest pro-
ducers in the state and it has never
been turned down by any Of the
mining engineers who have exported
it, An estimating engineer recently
made a trip over the route of the
Ely-Goldield line for the purpose
of securing data on the possible ton
mage that will be shipped over the
line when it is completed. He Wis
tied every camp and prospect on the
survey and on his return stated that
it was his opinion that Silver Bow
would nearly equal Typo in the pro-
duction of ore. The Importance of
this statement can be understood
when 1t is known that Tybo is one
of the oldest camps in the state,
while Silver Bow has only been in
existence a few years.
I'm the past the Silver Bow
mines have not been worked prof
itably owing to the ore being of a
low grade character. BY the time
the heavy freight haul was made,
the profits were entirely eaten up.
This Is not true in several cases
where small shipments of exeep-
~tionally high grade ore was shipped,
but on the whole it has retarded the
growth and development of the dis
trict.
Now that the parties back Of
this railroad project have announced
that work win soon be start
building the line, the transportation
charges will be greatly reduced. A
spur track will be run to Silver Bow
and the surveys show this to be on
an easy grade. The advent of this
road to the camp will be the means
of practically rejuyenating the en-
tire district. There are now severa'
properties that have ore that viii
not pay to he hauled by team, but
which will return a handsome prof
when transported by railway.
"The shares of stock will not bt
issued until the 10th of November
and if at that time the entire 100,
600 shares are not subscribed for
the checks will be returned to their
owners.
"As | have stated above, we dc
not adjoin any big paying property
but it is our intention to make thu
other properties proud to state tina
they adjoin us. The shafts do no
comprise the entire amount of de
velopment work for there have beer
several cuts dug, smany of which
have opened up ore. In fact worl
has been done OF every claim to &
good advantage.
I'VE will employ a competent
mining man to supervise the worl
and If the present showings count
for anything, we will have a mine
there within a short time. Ever!
cent received will go into the ground
for 1t is not our intention to pa!
high salaries to officials or expenC
anything for stock brokers' commits
sions. The officials of the compan!
viii attend to their duties withou.
pay. At the end of each quarter
statement of the work done will b,
mailed to the stockholders Showing
the progress and the present condi
TONS