The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-04-16
NOTED MINE HAS
BEEN RESURRECTED
Ryepatch Property, With Rec
ord of Millions, Secured by
Utah Talent.
DEPTH NOT TOUCHED
BY EARLY OPERATORS
Company Formed to Operate Be-
low Mammoth Slopes of the
Property.
TO
$3.50!

The organization Of the Rycpatch
Consolidated Mining company, which
involves the resurrection of one OF
Nevada IS greatest silver mines, has Just
been consummated in Salt Lake CITY,
following discoveries of startling ma
ture that have Just come TO light IN
the old Rvepatch mine workings, the
mine being about fifty miles from the
Seven Troughs district in Humboldt
county, Nevada The Ryepatch mines,
including the Silver Bell and the Al
pha, which have produced i'll the neigh.
borhood of Sl4 100000 in values and
which were tied up in hopeless htlga'
tion prior to 1878, have been found by
G.. d. Ray and associates to still con
tain evidences of wealth that promise
TO completely eclipse all the former
glory of these famous properties. Fol
lowing a quiet investigation covering
the old mine workings. the surrounding
grounds, Humboldt county records and
deeds and titles in San Francisco, all
lasting for more than eight months Mr.,
Ray has effected the purchase OF both
the famous old producers and much sur
rounding territory and the organLza-
ton of a company which began taking
out orc several days ago. 1t can be
safely predicted that operations and
disclosures are involved of greater lm-
portancc than anything that has come
TO light in Nevada in recent years.
The officers and directors of the com
pany are: G. D. Ray, president; Jas
IL. Linford Of Logan, wee president; ;.
A. Greenwood of Salt Lake, secretary;
Weston Vernon of Logan, director; j.
e Raw of Salt Lake. director. The
company is capitalized at 100000
shares at n par value of - cents
share.
Most sanguiDc predictions as to the
issue of the new enterprise are based
upon a series of careful examinations
and assays covering the last SIX months
and eliminating in an examination and
report Just made by Prof. Bowen, ge-
ologist and chemist at the b. Y. col
lege at Logan These examinations and
reports show that the colossal product
Of these two properties, which is at
tested by the Humboldt county bullion
tax records came entirely from above
the tunnels, which attain tota! depth
at the deepest point of only 200 teet.
In this surface ground there have been
opened up twenty-five enormous Slopes,
some large enough, it is said, to con,
tain an average business block, ana
one in particular, the Borlan stope,
from which upward Of $2000,O00 in val
ues was extracted in ninety days In the
early seventies These slopes repre-
sent a bewildering maze of ore cham
bers formed by the displacement Of the
lime, ramifying from the parent veins
like huge branches and leaves from the
parent tree trunk. The untold possl.
bilities of the. ground may be guessed
when il is known that one walks on
the downward continuation OF these
large ore bodies in traversing the tun-
nels, and that the face of the Silver |
Bell tunnel exposes the continuation of
the ore body, which at this point shows
an average width Of five feet, and an |
average value for this width OF ITO |
ounces 10 the ton in silver. An eXten- |
sive series of assays from the floor and |
faces Of the tunnels discloses extensive |
shipping bodies with average values |
ranging from fifty to 800 ounces in sill |
yer in addition to small values IN cop |
per. lead and gold, Picked samples |
from the vein assay as high as So per |
cent copper. ] per cent lead. $50 in |
gold and 1860 ounces TO the ton in sill |
yer.
Basing It's judgment upon these re-
ports and assays, the company conf
IDENTIFY expects soon to be able 10 take
from the two tunnels approximately |
$1,000 in values per week. What the
disclosure Of so much ore in the tunnels
means may be Judged from the fact
that the disclosures are all above the !
23O-foot level, and 1900 feet of virgin
ground still lies ahead of the tunnels
TO match against the 500 feet already
explored. Seven hundred feet ahead Of
the Borlan stope great re-cropping
was recently discovered fully fifteen
feet wide. In the dumps at the mine
fully $4,000 in profits have been 6g
urei, Contracts for drifting have been
LEI and tools, cars, sacks, etc. have
been ordered
The ore bearing formation consists in
belt Of lime several hundred feet
wide between granite and quartzite. In
this zone occurs several well defined