The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-07-30
Goldfie1d's Permanency Assured

mining community there is 10 question more important than
that of the longevity of mines, OF more strictly speaking. Inc
L perpetuity of lode mines.
Since the knowledge of mining began. for steadiness and appar
ent inexhaustibiity of precious metal deposits. vein structure is the
oniy reliable formation.
1t may be a surprise to many that mines are being worked tot ay
with good profit that were originally opened 5000 and 1000 years
ago. As to lode mines history records no district that has been com
plctely worked out. The mines of Cornwall were worked for their
tin nearly 5000 years ago, and today are a very important source OF
the worlds supply. twenty-five thousand years ago the silver mines
of auium, in Greece, were being worked by 10000 slaves; these
mines are still operated, and only a few years ago the Colorado Iron
Works made a very important shipment to them of machinery for the
smelling of slverlead ore.
In Rhodesia mines have been reopened that are SC old that there
is no way of estimating their probable age. In Zmbabwe 1t is
thought that the mythical mines of the Queen of Sheba had been DIS
covered. These mines are now producing heavily and adding nearly
SIS OOOO 900 every year to the worlds gold supply. In India, mines
with records of 5000 and 1000 years are today among the largest
dividend paying mines in the world.
But leaving the old world and getting to the western hemisphere
there are in Mexico mines having three and four hundred years Oh
recorded operation and are still producing with profit. One NINE, LII
Noria, situated in the state of Zacatecas, Mexico, has a record OF near
ly four hundred years constant operation. 1t was used by Spain a S the
location for a penal colony, and part of the old prison walls ae stul
standing. Fourteen miles from there the Sombrerete has a record OF
$50 years, and, until he died, was operated by Clarence King. 1t IS
still being worked, and apparently will be for ages to come.
In the United States there are as good illustrations of the
perpetuity Of ven mines as it is possible to find. The Calumet and
Hecla in Michigan is approaching a century of continuous operation
with a total of dividends paid amounting to Sll2oooooo, o whch,
on the oath of last month, 100000 was paid.
The region of the Comstock was originally worked as a placer,
which led to it's discovery a S a vein or lode proposition. This was III
1885. giving it a record of over 60 years of steady production, amount
ing to nearly seven hundred millions of dollars. Even now capital Is
accommodating to work the lode O a most extensive scale and en-
,deavor to overcome the great obstacle of a large flow of hot water,
demonstrating the faith Of experts for the production of dividends
indefinitely from that vast vein.
The mines of Tonopah and of Goldfeld present all the indications
of deep and extensive deposits. Nowhere is there any showing that
the vein structure will pinch out with depth. There is not any APP
parent reason why these properties should not be operated for the
next hundred years o r more, which is sufficient guarantee for the
present generation.
Consequently the claim is well based that today GOldfeld pre-
SCENTS more and better advantages for profitable mining than any other
locality in the world.