The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-03-26

itself was not paid for. We simply
said that Rice and his associates had
not completed payments for Coalition
stock under their option.
: J. M. p, Wheeling, w. va.-Work on
i the Montezuma Gold King has prog.
ressed steadily since resuming opera.
tions last June up to the first Of the
wear when the management decided to
change the plan of operations and con-
tract by the foot instead of hiring
miners by the day. Considerable tun-
mel work has been done and a contract
has been let to begin at once to drive
the c~rosscut working tunnel 200 feet
further into the mountain. This tunnel
is all ready in us feet on the first 80
foot level from the main shaft on
Copper King, and is under the ore
shoot in the upper drift, and the big
copper ledge, which pitched out of the
| SHALT Htdl lHC ouiiuoSi 10 iioOAC W De
cut at any time. Developments prove
that the entire system of veins dip east
of the Copper King shaft into the
mountain. 1t is estimated that 200
feet more or less according to dip Of
the vein in the crosscut working tun-
mel should tap one of the main lodges
extending 5000 feet across the prop
erty as indicated on surface; and on
which a lateral exploration tunnel
drift from the gulch at north end of
Long Shot No. 2 has been driven along
ledge a distance of 160 feet. Streaks
of the ore in this drift are high grade
and some picked samples-one from the
breast of the drift yielded $50 to the
tom per cent of which was copper,
the balance gold and some silver. A
general sample selected from several
places IN the drift assayed $403, show
ing 3 per cent copper. Averaging as
say from the bulk of the vein matter
and cut across a four foot face 20 feet
from entrance in this drift, showed
s15 in gold. A general assay taken
January 20, 1910, from the breast Of
> the crosscut tunnel and seevral other
openings on the Copper King claim
yielded 1895 to the ton-9 per cent
) copper and balance in gold. At the
recent annual stockholders meeting
the capital stock was increased by add
| ing 100000 shares to the treasury stock
reserve of the company and the name
amended to read Montezuma Gold King
Mining and Milling company, and the
stock pooled to July, 1911. Provision
was made to take up the old certificates
and issue new ones for an equal num-
Der of shares in the new company. Good
progress is being made in financing the
company, and prospects are bright for
the mill in the near future.
F. B. G., Pittsburg, Pa.-How do you
expect us to keep track of the assess
ment work on the $780, 900 claims IN
Nevada, wheather it is done or mott
Thousands of claims lapse in the varl'
Gus camps of the state from year to
year for lack of the required work, and
these claims no one every hears about
again unless some one of them hap
pens to strike ore, and then its history
is revived. That is the case in the IN
stance you cite. We had no knowledge
that the Black Mammoth claims at
Manhattan had lapsed, and had no rea-
son to know unless we were asked 10
investigate. If you as a stockholder
in the company did not know TINS,
how would you expect us, who are hot
directly interested and with 15O,OOO
claims and half as many companies on
the list. These companies do not send
us word of their lapses and where tne
ground is in some remote camp ana the
company quiesent for years, it is not
supposed we would know. Now, II you
had asked this question when IL was
timely, we would have investigated anu
found out for you; but dom blame U.s.
two years after the claims have lapsea'
for not having volunteered the inl0i
nation. The company has so long peen
inactive that we supposed that no Que
had any present interest i'll 1t; peSiue''
as we now recall it, this very same
formation was published in connection
with another answer about the Man
haitian Combination, a year OF -
months ago. If we attempted to ko's
track of every one of the thousands "
claims in Nevada and published weeA
ly OF monthly reports on the same'
would have to have a paid stan equ"
linz Tho atnndinn army and distrlDutsu