The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-05-08
MINING REVIEW
Continued from Page One,

ter Will receive large DlOckS OF
stock or other consideration that
will add greatly to the company's
assets. The agreement with the
Jumbo Extension company provides
for the payment to the Booth of
100000 shares of Jumbo Extension
stock, thai with the Kewanas com-
pan for 100000 shares of that COM
pany's stock, another with the Ke-
wanas Extension company for some
$4,000 shares, while it is under
stood that the Booth company will
also receive valuable concessions
from the Merger company and others
in this territory.
Florence Goldfield Co.
Operations of the Florence COM
pany continue along established
lines, with development progressing
in the new vein discovered some
time ago in the northern part of the
property and near the Combination
Fraction boundary. Some ore of
excellent grade has been mined from
this vein by the Florence company,
and the prospects for a further pro-
duction of considerable value from
this ground are regarded as bright.
Combination Fraction
Lessees operating at the southern
extremity of the Combination Frac-
ton have exposed ore of excellent
grade at a depth of $50 feet and in
the extension of the new Florence
vein. A raise is now being driven
to further explore the vein. 1t is re-
ported that preparations are being
made by the Goldfield Consolidated
company, which has the northern
part of the Fraction under lease, to
begin stopping good ore in this
ground.
GOldfield Great Bend
New equipment of the best type
has been ordered for the Great Bend
property, control of which has been
acquired by the Charles S. Sprague
company, and development will pro-
coed vigorously under the direction
of Jack Campbell, one of the sue.
cessful operators of the early days
of the camp. The e plant includes
a powerful Cameron pump, COM
pressor, air drills and necessary mo-
tors, and the property is already
equipped with a powerful electric
hoist and new head frame. The old
workings will at once be unwatered
and the ground will be explored at
depth.
Lone Star Consolidated
After a temporary interruption of
a few weeks, owing to uncertainty
regarding the position of the proper
ty in it's relation to the Booth apex
claims, the Lone Star Consolidated
is resuming active operations at it's
main shaft, having secured a perma-
nent side-line agreement with TIE
Booth company upon Payment Of the
nominal compensation OF 81. The
No. 2 shaft, neal the west end of
the property, will be continued with
out delay to the shale contact.
Sandstone : Kendall Con.
At g. depth of $50 feet and at the
bottom of the winze sunk from the
east crosscut on the 5OO-foot level,
sinking is being resumed by the
Sandstorm-Kendall, where conditions
are regarded as highly promising. At
the 500 level, where the winze was !
started, there is a strong seam of
ore about IS inches wide and aver
aging $44 per ton in gold. The
Wine will continue to follow the dip
of the vein to depth and the manage
Ment has great faith in the success
of this work. Tests of the placer
ground on the property have been
delayed by stormy weather.
Other Properties
SilI er Pick Consolidated has COM
nleted it's new station at a depth of
700 feet and has started to cross
cut to the west to reach the big vein
exposed on upper levels. Diamond
field Black Butte is driving on the
300-foot level to reach the vein in
which good assays were obtained on
the 100-fOOt level. Yellow Tiger
continues to show a good formation
and occasional encouraging assays
on the 700 level and in the new
workings at the bottom of a 50-foot
winze below this level. The Justice
Mines company is shipping good ore
from its leased ground on the Daisy.
KewaEas is exploring the shale con-
tact by mean of drifts. Goldfield
Orc continues to show large quanti-
ties of heavily mineraliZed Iuartz.
with occasional seams of pay ore.
The Simmerone company has been
literally financed and will develop
it's 81 Ound on a comprehensive
scale.
CHVRCHILL COUNTY NINE