The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-05-15

bAotNN ~ vi V-VcfVOOs
TonCpah Mining company will re-
tain undisputed possession of ores
in the Sand Grass claim as a result of
compromise of it's case against the
Tonopah Extension company.
Tcnopah Belmont has encounter
ed an oreshoot 35 feet wide. carry
ing good values in mine at Surf In
let, Z. c., which it has under OPP
tioI,. 1t will be developed to see if it
is merely a big pocket of ore or the
top of another ledge. The Favor
ite vein in the local mine is loking
unusually good on the 100 level.
Toropah Extension has declared
quarterly dividend of 10 cents per
share, an increase of ~ per share
over usual dividend. Company is
earning much more than what is re-
CURED for 10 cent quarterly divi-
dends,
West End produced the usual
amount of good grade ore and the
usual amount of development was ac-
comIlished, with no important
changes noted.
Jim Butler is doing considerable
work with good results in the
strip" q. piece of u%ndisputed ground
between the West End and Tonopah
Mining company territory.
Toropah Merger directors consid-
ering several propositions for sup
plyirg facilities for treating more
ore. Ore in stope above 1910 lev
ell is row breaking $40 per ton.
Victor shaft now has the water
down to a point 80 feet above the
bottom level.
Midway has ~ sets of leasers in
old workings and every one OF them
has some ore Three leases nave
nearly a carload of ore saved and will
500 ship.
Halifax development on the three
over levels shows no change. STOP
ing en- the upper levels continues,
but the big storm interfered with
shipments to the mill.
North Star shipped a carload OF
orc going better than $50 per ton,
which was taken out in development
work OF extending the drift and the
Wine below the 1850 level. The
showing her continues very good.
Rescue Eula raise on Vein above
the $50 level is up 20 feet and width
and values are being maintained. H..
Zadig is greatly pleased with the
hshowing.
7 Mizpah Extension north crosscut
On the 1855 level is showing a lit
tie quartz. Other three crosscuts
made the usual progress without any
change noted.
Monarch Pittsburgh raise from the
$50 level shows two feet OF quartz
from which assays as high as SIT
were secured.
Cash Boy has a six inch stringer
of ore in the northwest drift on the
135O level. Two shifts are now at
work and good progress is being
made.
Umatilla on advice of several
prominent engineers will suspend
work on the 1850 level and prospect
at depth with diamond drills.
Z. Tonopah Bonanza. now has three
shifts and is making good progress
in sinking the shaft.
Buckeye Belmont is now working
two shifts in three different faces
and making good progress.
Gypsy Queen has discontinued
work on the 1925 level and started
to sink the shaft an additional 300
feet before prosecuting.
Tonopah Mining Co..
BY a stipulation filed in the dis
trict court on Wednesday the Tono-
pah Mining company of Nevada DIS
missed the ease which it filed some
months ago against the Tonopah Elk
tension Mining company for the al
legged unlawful extraction OF ore
fror, the Sand Grass claim or the
plaintiffs company. 1t was anoth-
or case involving extra lateral rights
the Extension company claiming
thar the apex of the vein from when
the ere was taken was IN us
ground and that they were entltieo
u,dar the law to follow the vein in
TO the Sand Grass claim.
The case promised to be as hotiy
contested and nearly as expensive
as the Butler-West End case, but the
executive Officers of both companies
in ,be east saw the desira.bility OF
compromising their difierehIe
while the full terms of the settie'
ment have not yet been o~f1iclalis
giycn out. it is certain as Is usual
~ tho case that both sides MADE Gun
Cessions. hoo,
entered into and the Tonopah
ing company is now in o~huisp ad
nossession of all the ore IN Il ''n -
Grass claim. For a nunioei
months the company has beer 90
;ng an unusual amount Oh oe'oiop