Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-08-15
Queen Regent Ledge
Is Gaining In Width
The Values Are Also Increas-
{ ing With Depth
Work Is Being Pushed

Again Mineral county comes to the front with
a big strike made Is miles east OF Schurz on the
property of the Queen Regent Merger Mines
company The strike is of such importance a.
to Indicate that new and important camp will
be opened
At depth of 30 feet the entire width OF the
shaft was in ore, and at go feet, where an in
cline was started to follow the ledge, the ore Il
. fully IL feet wide. During the past few weeks
the shaft has been sunk at the rate OF 10 To IL
feet per week with one shift of men, Indicating
that very good progress is being made The
shaft is now over 800 feet and the ledge has very
materially widened and is now about II feet
wide, while the class and character Of the orr has
materially improved; assays showing all the
way from $1.73 to $133
The operations Of this company have been
watched with q great deal Of interest, owing to
the fact that they have quietly and persisttntly
carried on development work under very trying
conditions In sinking the main shaft an enor.
nous iron dyke was encountered which proved
to be almost 100 feet thick, and sinking through
this iron was slow and expensive; in fact, 1t has
been stated that it was little like drilling
through an anvil But at go feet quartz strin.
gers began to show and much more rapid prog
ress was made At 23O feet three feet Of quartz
was showing IN the shaft and at $50 feet as stat.
ed above, the ledge was fully II feet vide
Through the property runs a great hematite
contact fissure showing at the surface hematite
iron deposits carrying appreciate values in gold
and copper. If transportation facilities were
available, it is stated that this iron alone would
fully finance all Development work After pass
ing through the iron the ore was found to lie inn
mediately beneath and from the $50 level the
Shaft is carried or as an incline at an angle Of
40 degrees and all sinking is done in solid ore.
This important discovery has attracted the at
tention of capital to such an extent that the com
pany is planning to very materially increase the
working force and will put on at least two shifts
of men in sinking the main shaft At the rate
. they are going, they will be able to make from
40 to $50 feet per month. 1t is intended that
sinking operations shall be carried steadily for
ward and that drifts will be started both ways
from the shaft on the 300 level; also on the 400
when that level is reached, and block out the ore
to put the mine in position for early production.
The ore is free milling but plans for reduction
works will not be determined until the shaft has
reached a depth of 600 or 700 feet, in order to
fully determine the kind of plant necessary for
the reduction of the ore
There is no doubt but that there are many
properties in Mineral county that would develop
into big-paying proposition If machinery equip
ment were installed and systematic development
carried forward to reach depth. As the mining
situation is improving and money becoming
more readily available for the development OF
good properties, we believe important strikes
will be made in Mineral county that will event
ually make it second to none in the State of Ne
vada.
The above article, which recently appeared In the
Navada Miner, published at Nina, Mineral coun-
h should be Of great interest to local people
especially gratifying to those who purchased shares Of
this company.
The great mines Of Nevada are paying millions Of
dollars dividends every year. This 10 especially
Of the great camps Of Tonopah and GoIdfeld.
Judging from the best information obtainable, the
purchase Of QUEEN REGENT MERGER MINES CON-
PANTS stock for 7 cents per share at this time will
probably result in good profits to the purchaser
only by the ncrease In value Of the stock by
dividends. - 81
Great profits have been made in mining BY those
who bought shares in the beginning at low price,
in comparatively short time found shares sell
ing at many dollars per share. Such advances
laid the foundation Of many a substantial fortune
Shares Of this company be secured from