The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-08-06
One Hundred thousand Shares
of Big Nevada Enterprise
Available.
EVERY REASON TO BELIEVE
PROPERTY EXTREMELY RICH
New Shaft Is Being Sunk Which
Will Undoubtedly Strike
Vein.

Halifax Tonopah Mining company that
100000 shares Of the treasury stock Is
offered for sale at 81 .25 per share, and
any not taken OF subscribed for will bt
purchased by the directors. The funds
so raised are to be devoted to develop.
ing the porperty. :,
Subscriptions for this stock should
be sent to The Tonopah Banking Cor
poration. Tonopah. New. with check foI
same. and receipts will be issued which
will be exchanged for the certificates
which are now being engraved.
In a recent report upon this property
Malcolm l.. Macdonald, the mining
engineer of Tonopah. gave the follow
ing description of the property and its
purposes:
The property OF this company consists
Of four full patented claims 0o-feet wide
by Is0ofect long. Halifax Nos. /. 2, 8
and T. comprising an area Of s1.30 acres.
snma being tract l2o0-feet wide by
Of and adjoining he property of The To-
nonah mining district at ronopah Ne =
vada. the east end line of the Tonopah-
Belmont Development company being the
west end line OF the Halifax Tonopah
Mining company. or boundary line be-
tween the two properties
Organization.
The original Halifax Tonopah Mining
COMPANY .was o-ranized with capit!liza.-
capitalization $4,000. 900 on This company
has recently been reorganized, with a
capitalization OF 1000 900 shares at 81. 90
per share. total Capitalization So, ooc, 900 90;
thus reducing the total capitaliza ton Of
the company by 81, 600. 00n00 with 500. 900
shares In the treasury The following Of
fcers and directors have been chosen:
F, M. Smith. president and director,
Thomas Kearns vice president and direc-
tor, c. .. Zahrlskie, treasurer and direc-
tor; 7: J Westcott secretary and dlrec-
tor. Malcolm l. Macdonald, director: S.
II. Brady. general manager.
F. NJ Smith is also president OF the
Pacihc Ccast Borax company. the Oak
critics comnnnv OF California. the Tono-
pah s. Tidewater railroad and the West
End Consoldated Mining company.
uniied states "VI senator from Utah. and
president of the Silver King Coalition
Mines colnpsny.. located at Park City
Utah; director Of San Pedro Los Angeles
known throughout the whole western
conntry ns one OF It's most successful
mining men:
manager Of the Pacific Coast BoraX COM
pany; vice president OF the United Prop
critics company and director in several
New York banks; also treasurer of the
Tonopah & Tdewater railroad and the
West End Consolidated Mining COM
pany.
many. is also secretary Of the Silver King
Coalition Mines COMPANY,
Malcolm J. Macdonald Is an eminent
mining engineer and known throughout
S. H. Brady is a mining engineer Of
vast experience. formerly OF the large
copper mines OF Michigan. who In 1907.
took charge OF the Tonopah Belmont De-
felopment company, as general supern-
tendent. when said company was about
TO discontinue operations. Mr.. Brady's
17l[ N n Ant and ri, -
trict brought about the wonderful discoy-
er ycf the bonaza which is being uncov-
cred by the Belmont company, and II is
due 10 his energy that the eastern part
OF the Tonopah district is now being so
successfully developed
II wes Mr.. Brady's desire that the
property OF the Halifax Tonopah Mining
company and was so recommended by
him when this discovery was made as he
saw saw its t tuiHpe ,r Ereaness and predicted at
tend on their strike into the Halifax
Tonopah Mining company's property
Since the discovery of this ore body by
MI Brady. II has been developed on its
striEe Tor distance Of about 100 feet
In nearly due east and west course to
Within 3oo-feet OF the west end line OF
the Halifax Tonopah Mining company's
property. and by projecting the strike as
demonstrated by the actual underground
workings OF the Tonopah- Belmont DeveI-
opment company the vein will extend
through the center OF the Halifax Tono-
pah Mining cornpanys property. with only
aog,feet to go before entering same
Ihe vein at the present time as dem
onstrated by the workings In the Bel
mont companys property on the 1l60-foot
level. is about l00-feet wide from hanging
wall 10 foot wall with Il to l5.feet OF
good milling ore on the hanging wall and
10 10 25 feet OH the foot wall and showing
various stringers OF commercial ore In a
crosscut which has been driven from the
hanging wall drift 10 the foot wall Of the
Eein-those stringers varying In width
from inches TO p and 3-feet the whole
vein being practically mineralized from
hanging to foot, The ore which has been
mlled from this vein in the Belmont com
Dany's Mill. Is shown by their last re-
ppor' mas averaged s2I.5s per ton. while
smeiter lbeing too hight grade 10 MIL
successfully shows a value OF s547e per
Ton; with n "a gross production for the year
or S2s3i-2is. IS. the average value OF the
slooe Tons shipped 10 the mill and smelter
Icing s3i.93 per ton.
The Belmont company's report states
that In the lately opened stoops 10 the
east md lower down on the vein the ore
has been found 10 be OF much greater
%Sidsh;.at times forty and even forty
nVe feet wide between walls
The Belmont mine for the first three
months OF the new fiscal year Cisrch,
April and May. 1a1D earned over and
above all expenses an average OF s155.-
OoO-oO per month. and the management
made the statement at the time the an :
nual report was issued to the effect that
they had blocked out from the past wears
operations from sl1 ,Ooo. 10000 10 $1S. 900. :
ooc0 worth of ore.
Geology.
The underground workings in The camp
OF Tonopsh. In the Tonopah district have
proven that the formation of this district
consists or a series OF flows OF poryhyrv
one on top of the other, OF various thick
nesses. and owing to the analyses OF these
various flows showing some slight dif-
ference In silica, etc. they have been
given different names. such rhyolite
dacite, early andeste and later andesite
In this disirict the only formations which
particularly interest lis are the rhyolito
daciie. early andesie and later nndesitc
the gold and silver bearing veins exist
ing principally In tho early andesite and