The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-09-17

x. +. M, Nashville, Tenn-The Ian,
ing Gold Mines Syndicate has a l,,.
amount of ore broken down !.
and on the dump, but under ,,..
conditions cannot market if m.
grade is from $25 to $50, but the h.n,
age, smelter and penalty rates ara /.
high, that 1T is considered poor bus;
ness to continue shipments. The sou
pany therefore is considering the ara.
tion of a mill of its own. In a ,s,o..
recently issued by the general MAJ.
ager on the physical condition and A.
velopment of the property, he said.
"In a general way the property is NOR.
than fulfilling our expectations. IN.
showing of $25 ore has increased and
this with the high grade streaks often
encountered would increase this vain.
considerably. Our tonnage of tb;.
class of ore is large and from recon,
calculations we can practically show
on three veins, the Nogales, and the
north and south lodges on the Cevita.
a tonnage of nearly a hundred tbou.
sand tons. TO compute the average Of
this ore we have taken the results Of
252 assays from samples taken while
the development work of these claims
was in progress and get an average re.
suit of 1854 per ton. This is not tax.
ing in consideration the different veins
on the other ten claims. In April we
placed a gasoline hoist on the Noeales
claim, and continued sinking on this
ledge. We are now down 100 feet and
have drifted southwest about 100 feet.
The ore continues, but values are If.
regular. At so fees we drifted both
east and west and stopped considerable
good ore, but have decided to sink
deeper and get below the oxidized zone
before further lateral development.
where we should have sulphide ores Of
better and more uniform value. Another
100 feet should reach this point accord.
ing to present indications and we have
every reason TO expect a good body of
fine ore and with the surface cropping
showing for about 1000 feet we look
for this vein to be one Of the best
producers. Sixty-fve assays taken and
made while doing this work gives an
average of $30.19. The upraise on the
south ledge of the Cevita has been con-
nected with the Robert shaft and the
ledge found where it Strengthened be-
low the bend some distance below the
upper tunnel. We have drifted some
80 feet at this point in ore. This con-
n~ection gives us ventilation for all fu-
ture workings on this claim. Develop
ments of the north ledge of the Cevita
claim shows a CONTINUATION of ore and
values, but not of a shipping grade.
The ore ON the Abe Lincoln claim has
been of good grade aud two trial ship
ments have been made. We are follow
ing the deposit up the hill and are now
approaching what appears to be the
contact and have started sinking to de-
termine that point. We have a large
dump of ore that can be worked profit
able with our own reduction works. The
average of forty-one assays made dur
ing the time of this development WORK
vas $3.50 a ton. N, further work has
been done on the east ledge where we
have assays from $22 to $50. Il will be
necessary to sink, probably, at ootn
points before we can expect large guam
titles of ore. In our last letter we
spoke of leasing the Todd and ABE
Lincoln claims, but the ground looked
so favorable we have concluded to oe-
velop it ourselves.
w. H. R.. Allentown Pa.-Tha Gold
field Daisy was sold under sheriff SAFE
recently, but the purchasers of the prop
erty, who were formerly officers anu
loaned the money to the company "
satisfy which lean the property was
sold, have agreed to reorganize and l'
the old stockholders in on the oeai
by submitting to an assessment OF ono
cent per share. In other words, |"
sending n cent for every share WV
own in the old Daisy company, 70 'n'
secretary, you will receive shares ~
the recognized company at the fN.
Of one share of the new to two shares
the old. (2) The Great Bend IS DelAs
worked indifferently by two sets
LOTUS and Davis, who speA'
much money on the property, "n''
working it under lease, are no long,
operating it, although as officers OF
treat Bend company are looking az"
ts interests.
Subscriber Branford, CONN.,"