The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-02-27
DESCRIBES
GOLOf|ELD GEOLOGY
CLUDES RESULTS OBTAINED
AT SHALE CONTACT

H. c. Cutler, M of the pioneer
mining engineers OF Goldfield, has
written an article on the geological
conditions in the Goldfield district,
in the light of DEVELOPMENTS along
the shale contact and prefaced by
a description of the effects of recent
discoveries, which appears in the is
sue of January 80 of the Engineer
ing and Mining Journal. His analy-
sis of the geology of the district is
of interest as being the latest of
comprehensive scope and perhaps
the only one published hat deals
with results obtained in exploring the
latite-shale contact. Regarding the
effects of late discoveries on the
camp. Mr.. Cutler says:
1.-The long-expected has happened.
For a number of years, in fact ever
since the decline of the last boom,
optimists have been predicting a sec
ond boom for Goldfield. They based
this prediction on nothing more tan
gible than the fact hat some of the
other great gold camps, particular
iy Cripple Creek, had a second
boom of greater intensity than the
first. The recent strike of high
grade ore in large quantities in the
now famous Jumbo Extension prop
erty furnished the necessary incen-
tive for the present excitement.
sAf fret II woC nrifo horl for
those who had stuck in Goldfield, in
spite of their slogan, IF you stick
you will win in Goldfield.' to realize
that the present discovery was any
thing more than a small bunch of
ore, and they believed it was only a
question of a short time when it
would peter out. But as the ore
body continued to increase in size
and value, it gradually dawned on
them that here was the material to
start the long-looked-for revival.
The discovery was in new ground,
apparently not connected with the
known system of oreshoots, and 1t
gave prospective value to a large
amount of territory hitherto not
deeply prospected. When the ore
body passed from the latte to the
latite-shale contact and was larger
and richer than above, the news was
spread broadcast and a large number
of the 'old-timers' who had left the
camp when it declined and spent
their money in other places, began
to return to share in the golden har-
vest about to begin.
AT the time of writing the boom
is on full blast, and people are COM
ing in from all ove the country. The
stock market, with Jumbo Extension
as a leader, is in a Juror. Old stocks,
hidden away in trunks and pigeon
holes and long forgotten, have been
resurrected and in many instances
turned into money at the present
market prices. Various tales are
told of persons who have dug up
these stocks and turned them yer
for amounts of money sufficient to
last them for the remainder of their
lives. OF course, these tales grow
with repetition and the effect is to
exci'e the public.
maps of the Goldfield district.
which have received but scant at
tention during the past few years as
they hung on the walls, are now at
hangs on the wall at the Goldfield
ho+el is constantly surrounded by
crowds eager to find open ground or
trace the course of the new oreshOOt.
Copies of Ransome's report on the
Goldfield district, now out of print,
are eagerly sought by visiting en-
gineers, and geological papers and
articles published in the past are
carefully read for some clew to
present conditions. Is there after all
a substantial basis for all this ex-
element? I believe there is. at
least for a part of 1t.
"F. L. Ransome's report, THE
Geology and Ore Deposits of Gold
field, New issued by the United
States geological survey, is excellent.
1t is the result of a careful study
of the district, and his geological
conclusions have been borne out to
a great degree. / believe that the
development work done in the past
few years on the lower levels of the
various mines has made clear some
of the puzzling problems which Ran
some encountered, and that it is
now possible to formulate a theory
supported by facts that will give a
clear idea of the formation of the
ore deposits"