The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-12-17
G. @. D. CONSOLIDATED MAKES
REPORT OF ITS OPERATIONS

Under broadening public demand,
the stock of the G. o. D. Consolidated
Mines Co. of the Goldfeld district has
advanced in the last week from lie to
15c bid, and the expert opinion in the
street is that it will continue the
movement on which it seems to be fair
ly launched.
This is the company which has de-
termined to provide itself Immediately,
either by its own action or the action
of leasers, with mill for the reduc-
tion of its very large reserves of mill
ing grade ore, and from all indications
is the next of the Goldfeld companies
which will come into rank as pro-
Queer.
During the week stockholders have
received from P. v. Rovnianek circu-
lar letter enclosing the following report
of operation on G. o. d. ground az
made by General Manager L. K.
Koontz:
''The company has been carrying on
development and exploration work on
the Victor claim on the 400, $50 and
500 levels of the Victor shaft, having
unwatered, retimbered and repaired the
shaft, and having done several hun
dred feet of crosscutting, drifting and
raising. Ore of fair milling grade was
opened on the 400 and $50 levels, and
developed by drifts and wines on tho
north side of the shaft at this point,
and by drifts and raises on the south
side. Owing to the heavy nature OF
the ground on the $50 level, work to
develop the ore on its downward course
is being continued from the 500 level,
and while the ore shoot has not yet
been located at this point, drifts are
being driven in the ledge and the ore
should be encountered any time.
"About 600 feet of work has been
done during the year by leasers on
part of the Gold Bar claim, resulting
in the exposure and development of ore
of good milling grade on the 200 and
300 levels The leasers shipped about
1000 tons of ore running from u to lE
ounces of gold. 1t is the plan OF the
leasing company to erect mill on the
premises at once, as the terms OF the
lease require the immediate construc-
tion of the same, and the c. 0. d. Con-
solidated Mines Co. has the right of
shipping its ores to this mill on a bass
of fat charge based upon the cost OF
treatment and reasonable profit.
The Iowa Mining & Leasing Co. IS
erosscuttirg into the c. 0. u. cla,ni
from the 600 level of the Cleveland
shaft on the north part of the Gold Bar
claim. They have done about l25 feet
of crosscutting since starting Sept. l.
The Cleveland syndicate lease has been
idle during the year, but will resume
operations Dec. l and explore tneii
leased premises from the 600 level. De-
velopments by the company and tne
three leasers above mentioned wlii en-
able this part of the property 70 ass7.'
its merits very rapidly from this tim'
A switch from the main line Oh tns
Clark railroad has been placed into the
ore bins at the Gold Bar shaft.
sore is now being developed on tns
Hat claim of the Blue Bull company I'M
mediately east of our territory ana mn
ore has recently been proven on .n'
Atlanta ground near the c. Q. u. eiaiin
which, taken in conjunction with Inv
fact that the Florence company ad
joining us on the west is showing tn'
continuation of its rich ore-Deafins
lodges directly toward the Golden Eag'
claim of tie C. o. d. Consolidated MIN
ing Co. would indicate greater poss'
bilities for the undeveloped part Oh W.
company's estate than indicated Dy IN
superficial developments on that par
of the territory"
Mr.. Rovnianek calls attention 10 tn
fact that the C. o. d. company - aDs'