The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-02-04
GOLD MINE IS
QUIETLY MADE
Salt Lake Syndicate Opens
Up a Good Thing in the
Washable Nevada.

The annual meeting of the Washable
Nevada Mines company. held here yester-
day afternoon. was an affair of more
than passing Importance in more ways
than one. In addition to listening to
most inspiring report from Manager X NJ
Edmunds, who came In from the prop
critics to be present at the meeting. the
shareholders directed the officials to call
a special meeting at which the mattef
of increa sing the capital stock from l5OGDO
to 10000 shares viii be acted upon, the
purpose of this move being to provide
working capital and to make possible the
purchase of additional ground. The oil
board of directors. consisting of George
Morgan. c T. Murphy. A. ]. Davis. ]. ].
Whitaker aud c Do Rooklidge, was re-
elected and today, most likely, OFFICERS
will be selected.
The Washakie- Nevada company owns
most valuable gold property about TWEEN
ty-sevsn miles south of Winnemucca, and
some fourteen miles across valley from
the camp of Chafey. How the property
came to be acquired and developed by
Salt Lake syndicate is rather interest
ing story as told by Manager Edmunds
and Secretary Rcoklidge yesterdaF
small syndicate OF salt Dakers was or
ganized for the purpose of sending MT
Edmunds, a man of wide experience ana
technical knowledge in gold mining and
milling. on a prospecting expedition
IT first took a run into the Rosebud
country" said Mr.. Edmunds, and then
started out with the intention OF hittinS
Goldfield, Rawhide and some of the cOun-
try in that direction. In the Sonoma
range across the valley from Dunn Glen,
OF Chafey, as 1t Is now KNOWN iouilu
a splendidly mineralized- section ana de-
cided to stop right there Since tnen tne
company has been prospecting and devei-
oping its ground and ! have no nesltaIcy
In saying that it is a most valuable prop
erty, at that. In the nine claims that
= rar0cTna.nn n
which more or less development work
has been done ore has been found IN All
but one I have brought in samples OF
all the various characters and grades OF
ore that has been developed and should
like to add that all Of it is of most Dc
sira Bile character for milling purposes. IN
the Washable No. 2 claim we have twenty
five feet of ore opened up. ! have care
fully sa napled this body in strips foot
wide clear across the face and the pan
nings 7 have made Indicate that, III no
instance has a blank been drawn. Whlle
values would range all the way from =
70 20 or more per ton. I have brought
large samples of this ore in with me, eacn
streak being represented in a separate
sample so that the stockholders might
get an Idea of the variation in the mass.
That the average will show big milling
values I have no doubt. On the NO.
claim we nave four and one-half feet OF
S35 ore in a shaft that IS only down sew
enteen feet In another shaft, down
seventy, and I'm drift that is now APP
preaching the main ore bodies. we get
rock carrying from six to nine ounces
gold while in numerous places on the
| property rock can be selected that vii
/ give any kind Of an assay. up into the
thousands
"Rut our main reliance. of course, is
going to be in the large bodies of fine
milling ore ana in that respect ! am sure
| that the property will compare with any
thing in the state for the amount OF de-
velopment work done"
II is understood to be the purpose Of
the company. which has, up to the pres
| ent time. carried on the work of pros
pscting and development without permit
/ ting ANYBODY. other than the original or
/ GAMERS of the syndicate, to take par
| in the proposition. to enlist the assistance
and cooperation of outside money. IN or
| der that heavy EQUIPMENT may De pro
| vided and milling facilities installed wher
the time is ripe