The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-15

ground, being the uoi'nei"
lease operated by a company Oh tna'
name, with headquarters In Chicago.
This lease has been constantly worked
since a year ago in August. The compa
nv is well financed and has done legit-
innate and serious mining under the eff
6cient management Of Raymond Brooks,
an engineer who stands well in his pro-
f. ssion. The Pipe Dream consists OF
about three-fourths of a full claim. III
Joins the Combination No. l and the
January, both belonging to the Consoii-
dated. The shaft on the Golden Pick
lease is $40 feet deep and work is being
prosecuted on two levels-the $50 AND
$50. A vein at the $50 is being drifted
on and has reached the distance OF lou
feet in a northerly direction. There is a
fine showing of quartz on the sides, n
face of the drift-in fact better than
anywhere else on Silver Pick ground. 1T
looks like the intersection of two veins.
Crosscutting is also going on easterly
and the crosscut is in a layite formation,
which produces ore in the Consolidated.
The ground will be ~prospected to the
fault. On the $50 level drifting is in pro
gress on the fault between the laytite
and dacite. There is a good vein in the
fault. The ground on the $50 level, how
ever, looks better than above. This is
the deepest work that has ever been
done on the Silver Pick and looks en-
couraging for prospecting at depth.
w. H. H. j., Oklahoma City, Okla
We have no record of such a mine, other
than the name. We would suggest that
you write to the publicity COMMISSIONS
at Carson City. He might help you out.
J. D., Eau Clare.-All the mines of
which you ask, except Ely Central, per
haps, are excellent propositions. The Ely
Central is merely a prospect and the
ultimate result of work going on there
is conjectural. The ground lies between
two large open pits of copper ore, but it
is claimed by some that there is an in.
~trusion or fault that runs through the
Ely Central. The hackers of the Ely
Central, however, claim that it is simply
an overflow and that when the work
penetrates through it, the ore will be
reached. This has not been determined
As to the Nevada Douglass in the Yer.
ington district, it is a fine proposition.
A railroad is being constructed to the
mine from the Southern Pacific at Wa.
ubuska and a smelter is to be erected,
the grading of the ground now being in
progress. When the Nevada Douglass is
able to market it's ores at the smelter it
should be on a dividend basis almost at
once, as there is an abundance of ore,
some of which run very high. You ask
our advice about investing at the pres
ent prices. We cannot undertake to ad
wise on this score as we would be put
ting ourselves in the position of bro
ker and client, and we are not in the
brokerage or promotion business, and
do not wish in any way to be response.
bic for our subscribers investments. We
aim to give the facts about a PROPOSE
tlon at the time we make report, and
leave it to the judgment of the inquirer
whether to invest or not.
G. E. w., Meean Park, Calif.-We
still have a few copies of Professional
Paper, No. Sc, being the geology of
Goldfeld, which we are distributing free
OF cost, except postage, of course. 1t re.
quires 30 cents postage, and the book
Will be sent on receipt of same.
A. W. s., New York, and Others
Some time ago the Third Chance and
Golden Vault mining claims were sold
a judgment for approximately
$1,000 and were secured by one Emery
Arnold. Within the past few days the
property was redeemed by DIR. Carl G.
IT,. Johnson and Frank f. johnson tbe
former owners, who reside in the east.
10 redeem the property cost about
Sl,4oo. The time for redemption was
about to expire, but was redeemed lust
IN time. 1t is said that further develop
ment work will shortly commence ON the
property. Whether the claims were
bought in for the company or not we
are not able to say, as the plans of the
purchasers have not been disclosed
mere is still another company called
the Goldfeld Third Chance Mining com.
pany, which owns the Third Chance
in the Goldfeld district. We do
know its status. At our last infor.
W. 7. Bailey was president and
A. T. Boyce was secretary. The former
is dead and the latter can be reaebaa hv
addressing him at Goldfeld. We do NO,
know the present officers