The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-02-05

SCISSOR of every county in the state
therefore, you can get a copy of such
statement, if it has been published
by sending to any assessor, sending a
fee. We do not know how you can force
the publication of a report in the event
the secretary neglects or refuses to
make such a publication. There is no
penalty, as it is not a misdemeanor:
but the company is subject to a fine of
$50 per day if anyone wants to brin,
the company into court. Beside, if such
a report is not published the company
is not qualified to do business in the
state and cannot sue or be sued. If
you are interested in q company that
has failed to publish such a report,
you should certainly prompt the seere.
tary to action. While the law says the
report must be published in January of
each year, still a liberal construction has
been given by the court permitting the
report to be published in February, or
even March, so long as its statement
is for the calendar year ending Decem.
Der 81, the court ruling that as public
ity is the aim of the law, the exact time
so that it approximates the first of the
year, is sufficient as showing a DISPOSE.
tion to obey the law.
j. R. Santa Rosa.-The Esmeralda
Copper company owns 100 acres three
miles east of Luning, in the heart of
a great copper zone, and surrounded
by several good properties, some of
which have been developed into mines
with enormous ore bodies blocked out.
Running the full length of the Es.
meralda Copper company estate is a
large dyke of quartz o%utcrop with IN
approximate length of 1000 feet and
varying in width from Is feet to 40
feet. Values in gold, silver and cop
per can be obtainedx at any point on
this outcrop. Since the property was
taken over by the present owners, NJ.
LII. Jacobs and New York associates,
the operations have consisted chiefly Of
exploratory work. M.H.Jacobs, the pres
ident and general Manager, who was a
former state mine Inspector of Idaho,
and who is considered to be one of the
best practical mining operators in the
state, has given this work his personal
supervision.
Before starting work on a costly
working shaft President Jacobs caused
to be sunk, in exploring the property
to ascertain the most practical place to
sink the main shaft, four prospect
shafts from a depth of 25 to rs feet
and covering practically a territory of
1000 feet. Values were obtained from
each OF these shafts which went from
$25 to 1880 per ton in gold, copper and !
silver. Besides these shafts the dykes
at different points were cut by open
trenches and in every instance good
values were obtained. The character of
the ore is carbonates, though sulphides
are beginning to come in.
After thoroughly prospecting the
property the location of the main or
working shaft was decided upon and
a campaign of extensive development
has started. A double compartment
shaft, thoroughly timbered up has been
started and has reached a depth of
10 feet, and shows values all the way
down. This shaft will be sunk perpen-
dlcular to foot wall and from there it
Will incline with the vein. This incline
VIII be sunk to a depth of $50 feet
when the actual work of prosecuting
and drifting on the lodges will begin.
1t is through this shaft that develop
ment Will be carried on and the ore
extracted. AT present a within is being
used for hosting purposes, but the man
age.ment will install a gasoline hoist in
the near future.
j. M. T., Naturalization will find
full particulars of the Kendall Sand
storm consolidation in another column
Oh TINS issue. A new company is form
ed' and shares of the new company are
10 be issued for shares of both the
other companies, and then an assess
made for operating expenses.
T.. M. s., New York City.-A circu.
ar letter to stockholders of the From
lier Exploration Company of Nevada
nas just been issued. If you do not get
yours, write to the secretary, M. 5
Brown.
A. G. Santa Ana, Calif.-The work
iase been done on the Goldfeld Magnet
o protect it to the company. Harry NJ.