The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-04-03
MILLIONS ARE in SIGHT
In THE FLORENCE MINE

A production of approximately 100000 for the month of March
is the answer of the Florence mine o the falsehoods that have been per
shaenny circulated for months in an effort to beat down the price of
stock and discredit the property.
Considering the fact that the min and mill are just beginning to
get into the stride under the new order of things this does not look
very much rs though the prophesies and the statements that the
Florence is ON the road t. bankruptcy and ruin will be realized during
the present generation, at least The mill treated in March 1000 tons
of ore averaging $50 a ton, amounting to $4,000, and 20 tons of orr
averaging $500 a ton we're shipped from the min to the Needles smell
This high grade was from ore recently developed in III ground ai
Joining the old Engineers, lease, and also from the Little Florence
territory.
A.thorough inspection of the Florence mine "a made yesterday
by the mining editor of the News, and it is a fact, regardless of any
and all inspired stories to the contrary, the Florence is today, as it
has been in the past, one of the greatest mn In N state OF Nevada
Ore Deserves Are Immense
Throughout the mine immense tonnage of milling IRE is developed
and ready for extraction, in company workings and where it was left
bv leasers who took out millions of dollars in high grade, and left as
many nor millions in milling ore which they could lot handle, but
which is o available for very profitable reduction in the Florence
The proven bodies of milling ore, hundreds and hundreds of feet
long n every level, and extending throughout the limits of the prop
ertv. from five to twenty-five feet in width, and carry values
from 81 to $50 per ton. Exceedingly fine showings of good shipping ore
ae being made in the new workings being pushed forward to en
meet with the old lease workings and make the main shaft at the mill
the central point for bringing the re to surface.
In the lev work o. the Engineers vein, o the fourth level a
creasing in size with every round of shots When it was first opened
Just above the drift, the streak was only about a foot wide, but as
full Z free gold and assayed up into the thousands. As the ore body
widens, however, the gold values are becoming disseminated through
the increased width, with less free gold showing, but the ore still main
tains handsome shipping figures.
About twenty feet of oxidized ole, ranging in value from good
! milling to excellent shipping ore, has been opened in the Little Flor
) ence vein OF this same level. The main Florence vein also shows a
world of good milling pre- where it has been left standing after the
, high grade as worked out in places by lessees.
; General Conditions Are Good.
Practically the IN conditions exist OIL other levels that
: beer cited in particular N the fourth level Mill ore throughout, and
graat areas Of virgin territory that will undoubtedly develop as
, good streaks of high grade al ave eer been opened in the line
; 1t has been stated at various times, for Interior purposes that the
; Florence ledge has practically played OUT in the seventh, n bottom
: level of the main workings. The fality of this report is quickly aPpar-
3 mt pon Al inspection of the workings. No great amoun Of deve[
: opment has been done here, and it is true that n great values have
. yet been encountered in this work, but the ledge is at least thirty or
: forty feet wide, and shows exceedingly good prospects. 1t is merely
: a matter Of additional development Or prospecting to open the pay
4 ahootsb here he anne as they nave teen IN III leVoIS.
. Cr@scuuing from the bottom of the old Engineers shaft, at a
Z depth If 500 feet, is being pushed vigorously to reach a point tine
= bottom If the main shaft, when an upraise double compartment shaft
= will be sent up to connect with the main shaft, which will thereafter Q
= enlarged to the surface, I'M a.lou lie set of buckets installed.
> About Lockhart's Management
= So far a a basis for charges of acknowledgement o the part OF
, President Lockhart are concerned, it is evident that his vigilance and
= watchfulness have been a sustaining influence of the utmost Importance
= Il the present success and future welfare of the Florence property.
= No IN need fear that the Florence will go to ruin as long IS Tom
= Lockhart is around. He may NOT lie the best mining "a o earth, OF
= fidelity, tenacity of purpose and earnestness of effort that means more
. for the permanent success of the property than Haunted ability, mis-
= directed, Intentionally or otherwise.
: As to the mill, it is proving its efficiency every day, and the re-
= suts accomplished by it in the ss,.ng of values re Of a Thoroughly
Z satisfactory mature. In other w,as, the mill is all right, and doing
> perfect work, Just as President Loekkart has from the start insisted
: that it would. And Furthermore. an underground inspection proves D
. clusively that the mill is no. W. a N old Slope, or any other stope,
= but is N solid and unbroken sr"nd.
> With a production of practically 100000 during the month Jdt
= Iassed, and the mine and mi. Just getting broken into the nw aeier
& u things, during which the min as been running very largely on .aa
z grade dump ore, the annual output ~ the future can easily . e mai
= tsined at close to s2,oooyooo - the present showing of the nias
= The public may rest assured .har the Florence is just getting startea on
+ what it is capable OF and WIZ u in the rear future.