Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1910-11-17
PIOCHE-DIMIJOHN
TO Be OPERATED
MOVEMENT PRACTICALLY CON-
SUN1MATED TO MAKE A NINE
OF DENIIJOHN

Professionalism is resting on the
eve of an active campaign OF devel-
opment. A strong contingent of
Salt Lake mining men with faith in
the Phoebe district, and this prop
erty in particular, has secured an
option on the control, and within a
few days expect to inaugurate work
on the property, the ultimate object
being to make of the Demijohn one
of the leading properties of the dis
trict.
The Pioche-Demijohn is, incorpor-
ated for 100000 shares, with
100000 shares in the treasury. At
least half of the treasury stock will
be taken at such figures as to pro-
vide a working fund sufficient to
carry the present workings into the
larger productive territory. An am
pie working fund is already prac-
tically assured for this purpose.
There is now 2O0-foot shaft on
the property. This will be carried
down probably 200 feet deeper the
object being to get into the under
lying second bed of shale, and fin
ally into the quartzite, where big,
permanent bodies of ore are antici-
pated. This second shale zone in
the Prince has proven productive
territory, but eminent engineers and
mineralogists who know the camp
thoroughly say that the quartzite
which the Prince has not yet pene-
trated will be the great ore bearing
zone.
The Demijohn has produced con-
siderable ore from the surface down
to the 200 level, the lowest depths
yet attained. The great Yuba dixie
cuts through the property, and this
is generally acknowledged to be the
mother vein and great mineralizing
agency of the Phoebe district
One of the main movers in the
scheme to finance and develop the
Demijohn, when seen yesterday, adj
mitted the foregoing as being sub
stantially correct, adding: IF our
plans carry out as at present out
lined, we expect to make a mine OF
Demijohn, and will, by. thorough
mining, make the stock worth a
great deal more than the price al
which it is quoted today"
In reference to the Demijohn the
X. K. Cobb circular says:
From surface indications and
from the peculiar geological fea.
lures. there is perhaps no property
in the Phoebe district which holds
out greater promise than the Demi.
john. A vein of ore from one to
four feet in width has been fol.
lowed from the surface for a hun.
dred feet on a dip of As degrees tC
the westward This vein carrie:
rich values in silver, lead and gold
After following this vein far enough
to assure themselves of consistency
in size and values, the company
sank a vertical working shaft, cut
ting the vein on the 1O0-foot level
and continuing on to the 200 leve
are now prosecuting to catch the
porphyry bikes which are marked
In this property by conditions mos
favorable to rich liberalization.
A car of so tons of ore averag
ing 800 to the ton, is ready fol
shipment. and approximately 10000
tons of commercial ores OF lower
grade Is in sight.
Not only the porphyry dixie OF
the assuring of the Phoebe Kinl
and Golden Prince, but the Yubs
dixie on the assuring of the ole
mines runs through the Demijohr
property. intersecting almost In tn,
center of the group. This group
which consists of eight claims. al
patented. covers 40 acres Of
ground.
The dixie on the lire of ASSURING