The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-06-18

shaft, which is now down about Inn
feet, and a very promising vein. sbow
ing fair gold values, has been opeDsa
by shallow workings clear across N.
property. The Victor is in the prosna..
stage. According to the best know,
edge of the editor, Judge j. A. Houlaba0
is well qualified to manage the nron.
erty, is spending his money in homes,
mining, and is deserving of con6dene.
1t is hard to judge of the value of ,
prospect. Gold is where you find !,
and this one would seem on a par VII,
the other prospects in the districts.
w. B., Clifton, Ariz.-It is an i'm.
possibility to give in exact figures and
cents the amount of high grade block.
ed out in any property, as no engipee,
or expert can seen an inch beyond tLo
exposed faces in any mine. judging
from performances of mine and mill
the estimate of 100000 or 10.OOO0 0
tons of ore exposed in the Consolidated
as given by former Manager Mackep.
zie, is not out of the way, and as tha
Consolidated is handling ore averaging
more than $50 it would seem that nm
estimate of $50 per ton would be ont Of
the way. These must be but estimates.
however. Official reports o f production
show that two tons of new ore are being
put in sight for every ton extracted. De.
%velopments in the deeper workings are
highly satisfactory throughout the
property and it is not improbable to
those who have closely watched the
property that there is $27, O0O,O 900
worth of ore in sight.
@. A. s., Pittsburg.-The Grizzly
Bear lease is developing the big vein
system it opened some time ago at ITO
feet depth, and there is reason to be.
lieve that some good ore has been
opened. There is also a rumor, not de.
MED by the management, that a six.
months extension of the lease, dating
from the commencement of shipments
has been granted. Little can be learn.
ed from the management, however. The
lease is in capable hands and the stock.
holders will doubtless in due time be
fully informed.
j. F. s., Milwaukee, Wis.-No work
is being done on the Diamond Triangle
properties, and there is nothing at hanl
as to the status of the company. Write
for information to Milton Detch, at.
torney-at-law, Goldfeld, Nevada. ~
You will find in the current issue a
resume of what is being done on the
Jumbo Extension ground by the Gold.
field Annex lease, which is doing all
the work being done on the estate. The
Jumbo Elk looks to be a good stock TO
hold onto.
J. B. B., Fulton, Mo-, and Others
The Oil Age, published at Bakersfield,
CAL, we believe, and the Bakersfield
Echo, will give you excellent service as
to the California oil fields. The Mining
Investor of Denver is also giving a
line service regarding the oil fields.
G. B., Phoenix, Ariz.-In this Issue
Of the paper you will find information
as to the Lincoln Goldfeld Mining and
Leasing company. Nothing definite is
known as Yet as to whether the leasing
company will resume operations. This
block of ground has been somewhat of
a "hoodoo' and it will probably take
a strongly financed company to be able
TO thoroughly develop it. 1t is a prom.
lsing piece of ground, however, owing
to surrounding development.
j. M, Rawhide-Where sufficient an
nuai assessment work is done on a par.
ticuiar claim to represent such claim,
and contention is made by a junior loca-
tor that the work was done for the
purpose of representing several claims,
and for that reason was insufficient to
represent the particular claim, in de-
termining the sufficiency of the work
n court will apply the labor shown to
been done to the particular claim
upon which the work was done.
M. M. ", Philadelphia-The Nevada
Consolidated has posted a dividend pay
able June 30 of 37h cents per share,
or 100000, while at the sam time
Ely will pay 10 cents per
share, or $4,000. The Utah Copper
company is the owner of 950,476 shares