The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-06-18
G0LDF|ELD NEAR
ITS BEST BOOM
San Francisco Operator Says
Six Months Will Find Camp
Booming.
RESULTS AT DEPTH
NOW BEING FOUND
Mohawk Slope the Wonder of
Modern Mining for
Yellow Metal.

That Porcupine will have to hasten In
It's process of gathering within It's oor-
deys ali the mining talent of the world,
or Goldheld will prove u counter lodestone
OF powerful influence, is the Sist OF the
opinion Of Herman Zadig, the San Fran
cisco broker and operator. who has COM
nleted a. thorough examination OF all the
Coldheld properties OF merit. Within the
next SIX months the camp Will witness
the beginning of mining revival which
will usher in far better days than any
the camp has ever witnessed, he be-
lleves.
"Goldheld IS just, getting started IN
the DEVELOPMENT OF its great minefSl re,
the camp has produced more than hfty
million dollars in seven years, and is now
producing considerably more than mil
lion dollars month, the deveiopment nas M
just begun TO reach the depths where the
Comstocks first began TO get real results
in the way of ore. ! am confident that
Goidheld district have not yet been been
found-that they Will be better at 1000
feet than at any depth that has yet been
reached The lowest levels OF the Con-
solidated are giving plenty OF reason upon
which to base such an opinion. ana teel
confident that such a belief will be more
than borne out by the result OF deeper
development.
dVOIb bCep Ihiu.h6'
II have always been an advocate OF
deep mining. and l think that our eN-
perience on the Comstocks and mining
experience in Tonopah and the present
showings in the deepest workings IN
Goldfeld are sufficient proof that the ar
gunnent is correct. Other mines as sreat
as the Consolidated now is will be opened
In this district and the camp VIII see
the camp has ever witnessed. / do not
mean IN the way OF a Wild mining stock
boom. but In substantial prosperity.
II have great confidence IN such prop,
critics as Booth. Merger, Spearhead and
others IN contiguous territory. and Dia-
monGheId will. in my opinion. yet aston
sh the mining world. What is most
needed 10 prove ny theories Is deep MIN
Zone OF the most remarkable mining
developments ! ever saw Is the big stope
that Is being worked on the third Level
Of the Mohawk mine. ! was down In
1t and saw q ssope that is now l10 feet
wide and over 200 feet long. and devel-
opment into new territory, IS adding 10
the known extent OF the ore body. un-
derstand that the ore extracted from
this place has averaged $50 per ton. No
one can yet tell how much larger this
ore body will prove TO be.
Assessable Stock.
"I am 2 great advocate OF assessable
mining stocks. and l hope that all the
companies that own good territory but
have no money to develop with and get
down to the depth which they ought to
will soon see the wisdom of the assess
n,ent plan and place themselves on that
basis The quicker this is done, the
quicker will Goldfeld be made what II
ought to be. and new mines opened in
various sections OF the camp depth
OF 1000 feet ought TO make mines out OF
almost anything in the Goldaeld mineral
zone. and when one comes 10 think OF II
1000 feet Is Just beginning 10 scratch
below the surface of the earth and gel
down where the best ore ought TO be
found. Accessible stocks and deep min
ing IL what Coldfleld needs. but ever
without that new feature. develop
ments that are now In progress will with
IN the next six months start a reviva
that will surprise even the most optimis-
tic people In Gold6eld.'