White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1911-03-12
Native Copper In
Boston Ely and
Ely Con.
RICH ROCK IN zACK SHAFT
Strike in Emma Speculative,
But Finds Are Most Import
ant in Years For District

Two strikes have occurred during
the week which are of the utmost
importance to the district. The most
important showing has been made in
the Zack shaft of the Ely Consolida-
ted for the developments there prove
that they have a mine. Suprintn-
dent James Quinn is that enthusias-
tic over the strike as to make this
declaration, and this is a great deal
for a man of his conservative nature
to give utterance to. In the Boston
Ely they have just broken into the
ore in the crosscut at the 1245-
foot level of the Emma shaft
and have not gone sufficiently
far to determine whether or not they
have encountered the main ore body
for which they have been looking.
The ind in the Ely Consolidated
was made at the 500-foot level, and
it is in the same body which was
opened up last year in the workings
at the 400-foot level. The main
drift at the 500 Is to the south and
they have been going through ore
| for 160 feet, the last so feet of which
averages better than 3 per cent. This
| is good enough for concentrating; it
| is equal to the grade of the Ruth
mine of the Nevada Consolidated,
and better than the ore being taken
out of the pit at Copper Flat.
The big find in the Zack shaft was
made In a drift to the west at a dis
! tanee of 125 feet from the shaft.
For more than 80 feet they were in
/ ore which averaged six per cent. and
| two days ago they shot into high
grade, some of which will go as nigh
as so per cent in copper. This is the
strike which may be the making of
| the Zack part of Ely Consolidated
one of the richest mines in the dis
trict. The shots brought down car
Donates, copper glance and gray cop
per; and some of it resembles matte
rather than ore. Besides the values
in copper there are gold and silver
values amounting to several dollars
a ton.
The significance of the Boston Ely
find will not be known for some Gays
until further developments de-
termine just what they have in the
crosscut at the l245-foot level. The
showing is in keeping with the
theory of Superintendent Ralph, and
the. proving up of that theory
means much to the camp, for the
Boston Ely is at the most remote
northwest end of the district, as far
as exploitation has gone. 1t will be
one of the greatest boons to the
camp that has been known since the
opening up of the Copper Flat pit.
On the other hand the Zack shaft is
at the remote southeast end of the
developed ore zone, and the two dis
coveries mean at least two miles of
extension of the ore territory.
The report of the strike in Boston
Ely had the effect of jumping the
stock of the company 81 share in
Jay; while news of the big find in
Ely Consolidated did not create a
stir in that security. How TO ex-
! plain this seems impossible. 1t is
possible that the reason is found in
the fact that the Boston Ely is eapf-
talized for 100000 shares and that
but 10000 of those have been is
sued, the remainder being in the
treasury. Ely Consolidated is capi-
talized for a million shares and the
stock is pretty well scattered. They
have been waiting for more than a
year for such a showing in Boston
Ely. 1t was reported that they had
Continued on page four