The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1909-08-12
CONTACT HAS
MUCH ACTIVITY
SALT LAKERS INTEREST CAP.
ITALlSTS IN THE CAMP =
BUILDING OF RAILROAD SAID
TO BE ASSURED.

George r.. Hancock and local as
sociates. who have pinned their faith
in the Contact. Nevada, country for
the last four years. and who have
refused to let go of their holdings
there regardless of how tightly
pinched they were during the finan-
cial panic. now stand in a position
to deliver the goods and get COM
mensurate returns for their labor,
their patience and their pluck.
A bond and lease was given up on
the property yesterday, by which a
big local company with unlimited
capital behind it, will go to work at
once on the development of the prop
erty. and will put it in a market
able condition, fully demonstrating
the worth of the ground. The COM
pany is prepared to eXpend as much
money as may be necessary in prov
ing up the ground, and will begin
their work between o and August
LIST.
The Hancock properties comprise
twenty-one claims neal Contact, and
are among the first to have been TAX
en- up by Utah men. They went into
Ile ulSlTlCt lOul yCdto oSos ioho ~
fore there was any talk of the ex-
tension of the Salmon River branch
of the Nevada Northern at Cobre,
and had the chance to pick out a
big acreage of especially choice
ground. They were satisfied that the
Contact country had a future and a
big one at that, and stood by the
ground through the panic and the
hard times that followed, with. grim
persistency. The result is that they
! will now get some benefit from 1T.
While Mr.. Hancock, speaking for
himself and associates, is not will
ing to give any figures, it is under,
stood that a handsome price will be
paid for the property in the event
the development work brings the
property up to the expectations or
the owners.
Thus far the n have been
! handicapped by the lack of capital
to properly work the ground, and
| have beer able to do none but as
| sessment work on the claims. The
assessment work, however, has de-
veloped to a small extent a large
, area of copper ore. that runs 8 per
! cent or better. The bond n lease
| runs for two years and provides for
| a large amount of work to be done
on the property. :.
Contact is sixty miles northeast of
Wells, and about sixty miles north
west of Cobre. The Salmon River
branch of the Oregon Short Line is
building towards Cobre from the
Salmon River basin, where 1t VIII
connect with the Southern Pacinc
and the Nevada Northern. This road
will be good news to the smaller men
tact. and If tonnages will justify the
expenditure of the money. a stup
may be run to the district, giving
| the ores outlet to the smelters at
Ely and to those of Salt Lake.
The eyes of many Salt Lakers
have beer on Contact and the imme.
diately adjacent territory for several
wears and a considerable amount OF
local capital has been put in there.
The fact that large capitalistic in
| t~erests have been induced to go there
will be good news to the smaller mn,
who have been unable to carry their
investigations to the point that the
larger interests will be able to do.
The investment of larger capital
in the development of the territory
will cause Salt Lake men to watch
II even more closely than they nave
I'm the past. The fact that develop
ment will be carried to depth. demon
! strating the value of the territory,
will be of exceptional interest, not
only to men who. have property there
but to the big men in the copper
world.
From the indications shown in the
surface workings of the district.
, mines will be opened there that will
exceed in richness and extent those at
| Bingham, Ely or Arizona. The shall
low workings and superficial develop
ment already done show that the cop
, per percentage is higher than that
found in any of these camps,
| The percentages already shown run
from 4 to s per cent in the red metal
with a general average of 5 per cent.
The extent of the copper body has
never been determined. II 1t con-
tinues at depth with the same values
As those shown at the surface, the
camp will eventually prove to be one
of the greatest in the west.
All the mining experts who have
given the ground. careful examlna-
ton are Of the unanimous opinion
that it has a wonderful future
that all it needs to put it in the front
rank of copper producers is develop
ment at depth.
There is an abundance of water
and timber at and near the camp, and
it has nearly all of the requisites
for a big camp: The building of a
railroad directly to the camp, giving
outlet to the smelters for the ores,
is merely being delayed until the
extent of the ore has been demon
strated.-Salt Lake Tribune.
RESURRECTION HIGH GRADE.
Iohn A Steele. in charge of the