The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-05-22
PIONEER LEASE SHIPPING
OVER 100 TONS PER DAY

The report for the past week on the
Pioneer lease shows an average tonnage
sent out of a little over 100 ons pei
day. on a $50 grade of ore, an output Of
between $4,000 and $4,000 for the sam
period. The bulk of this supply comes
from the 12O-foot level.
Sinking mas been resumed in the form
of a winze; will be continued to an in
definite depth and an electric heist will
be installed as soon as required. Every
mound of rock from the Wine is ore and
goes to the cars.
The new 12-drill compressor plant j:
about ready to operate. The power Is
now promised by May 20. AS soon al
the juice is turned on the new machin'
cry will be put into commission. Twelve
drills will probably be the capacity to
start with and the 6-drill machine will
be put on the shelf for the present,
The additional tonnage will be at least
one-half of the present.
A lease has been signed and delivered
to the Pioneer Leasing and Milling COM
pany by Brown and Wingield, the new
owners of the Conservative, covering
the southwest corner block of that prop
erty and giving them absolute right to
- -. .ul -.ro Gov 4hn rnppnrn
der of this year. The block included by
the lease is 600 by 300 feet in extent
and side lines the Bi-Metallis claim at
the point Of the present lease opera
lions.
More Facts on Merger.
The Bullfrog Miner in a recent
issue, partially confirms the exclusive
information published by the Goldheld
News as to a merger of the Wingfeld
and Brown and Tobin interests at Pho
neer, and gives some of the details OF
the basis of the consolidation. After
telling of the purchase of the Conserv-
alive claim from the Tobin brothers by
Messrs. Brown and Wingield, the Miner
goes on to state:
The Conservative adjoins the rich
b -Metallic claim of the Pioneer Mining
e~ompany-in fact the ore now being
mined by the Pioneer lease is within
the ~vertical. lines of the former claim
The ore body evidently continues across
the Conservative ground. These two
claims-the Conservative and the Bi-
Metallic (of the Pioneer Mining com
pany)-include the most wonderful
mineral territory Known. A situation is
presented almost identical with that OF
Goldfeld which led to the consolidation,
Claim is made by the new owners tina
the Conservative rights cover a part at
least of the ore now dominated by the
Pioneer company. Hints of litigation
thrown out in this connection are not
treated seriously. 1t is to be gathered
from the best available information
that the Conservative and the Pioneer
Mining company will be taken into a
giant merger and that the holders OF
the latter will be well taken care OF.
Basis of Exchange.
SO far as now agreed upon stock in
the proposed big Pioneer-Gold Hills
merger will be exchanged as follows:
One share of Pioneer Consolidated stock
for each share of Bullfrog Pioneer
Mines company stock; nine shares OF
Consolidated for ten shares of Gold
Hills stock,
Mr.. Brown and Mr.. Wingfield were on
the ground the fore part Of the week,
together with their engineers. The sale
was negotiated in Denver over a week
ago and was finally consummated II
Goldfeld last Tuesday. The day before
yesterday Mr.. Brown, accompanied by
his attorney, Charles s. Thomas OF Col
orado, came to camp to look over press
ing matters.
Mr.. Thomas, when approached on the
subject, confirmed the facts of the sale
From him it was learned that Wingfielt
was interested equally with Brown il
the present enterprise. He stated tina
In so far as he knew his clients were no
contemplating any further interest
than had been now acquired. The Con
sentative had been taken over as a min
and would be developed as such, accord
Ing to the famous attorney. AS regard
the extent of the arrangement complet
ed with the Pioneer Mining company
Mr.. Thomas continued as follows:
There is talk of a merger, just talk
The situation here indicates the advise
hiilty of such a course if it can b