The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-11-06

n. B., salt Laka-The Round Noun /
tain Red Top is being worked by leas-
ers. A shaft has been sunk to 400 feet
and considerable lateral work done.
Stringers have been cut but no ore
body, although the indications are ex-
%cellent.
T. g., San Trancisco-The Round
Mountain Central is one of the G.. s..
johnson properties. 1t has not been
worked for some time, although 1t is
promising ground being well located
with reference to the best properties
of the camp.
J. G. a., Pittsburg-You say you have
not heard much from Glendale since
the first boom. That is doubtless true,
as the camp is not receiving as much
publicity as at the time Of the strike
which was intended to set the world
afame. Work has been going on stead
lily on the original strike, and a second
shipment Of high grade was sent out
about a week ago that was expected to
run way up, but SO far we have heard
nothing regarding the returns. The
several leasers in the ~neighborhood OF
the big strike have produced nothing
phenomenal; one lease has recently
struck good ore, we are told. Glendale
has proven a great disappointment to its
boosters, although one rich mine may
yet be developed. There was som high
grade ore on the surface, just the
same.
E. L. s., Pittsburg-You are misin-
formed. The fact that the Mining
Financial News of New York says
there is no mill on the Sphinx does not
make it so by any means. A mill has
been on the Sphinx for some time-a
5O-ton mill, and will start up shortly it
it has not already done so.
M. M. ", Waco, Text is too
early to give an opinion on Bannock
as yet. While many men have been
dazzled by the rich streak of high grade
on the original find, others say that it
looks as if that was all there was too
Iit-just a thin ~wedge-like streak of al
most pure gold, the wedge increasing
a little in size as it goes Town. Others
say the general formation of the coun
try is good and that there is plenty
of it-just as likely looking as where
Ia - ..,a. ,nola
G. w.. E., Plainfeld, N. J.-If you
read last weeks paper carefully you
will get what you want in our reply to
F. b. Columbus. If you wish to keep
posted on Goldfeld do not read the
Mining Financial News. 1t is making
war on all Goldfeld stocks and espe
cially the Wingfeld stocks because of
the enmity of Rice, who is behind the
paper, to Wingfeld and Others of that
group, whom he charges with having
run him out Of Goldfield. We cannot
take the space required in this depart
ment to give a full report on the Con
solidated and Fraction, these mines
having been fully dealt with in these
columns only recently. You need not
worry about your Consolidated. The
Fraction, some days ago, entered some
rich ore which brought up the average
of the mine to a good milling grade.
About : 100 tons of $50 ore is being
treated every day. Fraction is not a
"big'' mine and probably never will
be. 1t is a good little producer and
looks good for a long time yet. Frac-
ton has receded since the dividend, but
Consolidated has more than made up
its dividend and is selling at this writ
ing at 81 or better.
M. E. J., New acknowledgement
work on the property of the Luning
Gold Mines Syndicate has been prog
~ressing favorably. On the south ledge
the drift west from the bottom of the
shaft has been completed, thus making
a tunnel or upper level. This con
tinued in ore almost to the surface.
The east drift is now in about 100
feet and shows good values and q letter
from the mine today states it looks
better than ever. A windlass was in
stalled in the Robert shaft on this level
and has been sunk about 80 feet below
the first level. The ore showed a gener-
al improvement in sinking and at about
so feet we had the best showing we
have had in the mine with Is inches OF
ore that assayed $218; Is inches that
assayed $77, and about IL inches of
$50 to $40 ore. This ore is of a ex-
%cellent smelling character, carrying "
per cent to 20 per cent lead and much
less silica. Buildings have been com
pleted and furnished, the cook and
sleeping house will accommodate 20 to
Ok man and tho Of6co hnsl1inro ossov