davidaulloa/AmericanStories huggingface dataset:
Decorah-posten og ved arnen., 1917-10-16
Nlvtteriet / Sen tvlfe 6laaoe.

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ulitct. Nf ocnlte 8rltno bar oct life
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Decorah-posten og ved arnen., 1917-10-16

SrGuser &c en- Spmaifine! "$us.
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Decorah-posten og ved arnen., 1917-10-16
Oplusnin0s= Statiaik.

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Decorah-posten og ved arnen., 1917-10-16
Np tpif &rpSicr ifaoct.

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cp er fommct ira &ambrrg til ams
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ifobct. Sre Sfficerer % tppe Matro-
Ter orllfueoe. Sfibet blep bn9ieret /
Soru
Decorah-posten og ved arnen., 1917-10-16

EN--.-n As srcoND CLASS MATTER jun ION 1908 AT
TIE rcsr Ovr5rr At prcoRNf. Iowa, UNpFE TnE ACT
% Cu-r.rss oY N,ncU2. 1891.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
men
TAKE over
N | n F
REORGANIZE DIAMONDFTEI,D
TRIANGLE MINING COMPANY
AND WILL DEVELOP

Another property, long idle, and
possessing great promise, will
shortly be undergoing campaign
of exploration that promises to place
it among the important mines of the
Goldfield district.
The Reorganized Diamondfield
Triangle Mining company, control
ing seven claims, six of which have
been surveyed for patent, has taken
over the Diamondfeld Triangle Min
! ing company estate. The new cor
poration is capitalized at $2,OO0,00O,
shares having a par value of 81
each. The stock is assessable and
through this method of mine build
ing the financial end of the propo-
sition will be carefully guarded.
The original Diamondfeld Tri-
angle Mining company had capi-
talization of $1,75O,0OO, and under
the form of reorganization, the new
company has made arrangements to
lift the judgment Indebtedness of
$4SO9.75. The property will he
sold under execution, the judgment
holder having agreed to take his
payments in three installments of
$1616.58 each.
Shareholders in the original COM
pany will be protected, the new
company having made arrangements
to exchange share for share, pro-
vided, of course, that the holders of
stock return their old certificates
accompanied by an assessment of
one cent for each share of stock
held
The excess 250,0OO shares have
been placed in the treasury of the
company, to be disposed of should
occasion demand, but under ordi-
nary conditions this will probably
not be necessary If the assessment
response is up to the limit, which
seems quite likely.
Exchange of stock can be effected
up to and including May 81, 1917,
and from the manner in which the
new mining proposition is being
handled it in assured that inside of
few weeks an active campaign Of
mine construction will be in order.
The property controlled is situ-
ated in the Diamondfeld section
and lies contiguous to such well
Continued on Page Eight
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24

Goldfield's largest mining enter
prise, the Goldfield Consolidated
Mines company. has issued it's an
nual report for the year ending
January 81, 1916, and printed
copies are now being mailed to
the many stockholders, scattered
throughout the United States and
foreign nations.
From the reports submitted by
President George Wingfield, Secre-
tary A. H. Howe and General Man
ager J. w. Hutchinson, it is ascer-
tanned that during the year the
properties produced 33S,6SO tons
of ore, having gross value of
2,54S,425.S3. Deducting metal
lurgical losses, smelter discounts,
cost of ore purchased and amounts
paid to lessees, there remained a
total recovered value of $2,207,-
515.47 for the years operations.
Leasing Is Broadened
Lessees operating in various de-
partments of the mines owned by
the company received the sum total
of $34O,910.36 So successful was
the leasing system and the results
accruing therefrom, that the scope
was broadened along this line to a
marked extent during the early
part of this year.
On January 1, 1916, there was in
the treasury of the company $573,-
370.44. At the close of the year
this reserve had been increased ST.
021. .0S6.03, together with amounts
loaned Subsidiaries of $35S,700.
General Managers Report
In the report submitted by Gen
eral Manager j. w. Hutchinson it
is learned that of the 338,680 tons
of ore that was mined and milled,
the average value was 1882. A
total of 1888 feet of underground
work was performed at a cost of
1913 per foot. The net realization
from operations was $452,734.O5.
Thus the operating expenses and
amounts paid to lessees totaled
$1,178,895.63.
From the table entitled "Produc-
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
FLORENCE WORK
SHOWS RESULTS
PROPERTY SHOWS CONSIDERA-
Bile ACTIVITY SINCE DE-
VEIOPMENT STARTED

Florence leaSerS are prosecuting a
well-defined and thorough campaign
of exploration. While no sensation
al disclosures have been announced
since the mine was thrown open un-
der the leasing system through Or
ders issued out of the district court
by Judge ]. Emmett Walsh, upon ap
plication of the receiver. Harry b.
Clapp, it is nevertheless a fact that
the lessees are not in the least
discouraged.
The ground which is being pros
pected had lain dormant for a long
period, in many instances, and
naturally it becomes necessary to
perform a large amount of dead
work to place the workings in con-
dition that will permit of explora-
tion going forward at minimum of
expense. Much of this work is now
nearing completion, and as a re-
suit thereof it should not now be a
great while until we shall hear of
some important mineral finds being
made.
John B. Frank and associates of
Tonopah, who hold privileges on
surface of this mineral estate, are
still engaged in running trenches
with a view of discovering an ore
vein of richness. In a number of
places it is said highly satisfactory
showing has resulted, but as yet
no sinking has been started. 1t is
proposed to zig-zag the territory
controlled with trenches and once
(Continued on Page Eight.)
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
BIG RESERVES Low GRADE ORE
IN NEVADA EMPRESS WORKINGS

ceeding with the expenditure of mon
ey in machinery. That time is now
fast approaching; in fact, negotia-
tions are under way whereby the
company will be provided with the
necessary finances to insure all plans
formulated being carried to a sue
cessful issue.
The Empress mine is tunnel
proposition and development so far
performed has resulted in the work
ings being opened on what is known
as the mill level. In other words,
development performed up to this
date will permit of all ore finding an
outlet through the mill level, which
means that the product can be
trammed direct to the bins of the
company mill.
The Empress was purchased two
years ago by the Nevada Co-opera-
tive company. Previously the COM
pany had operated the c. o. ID. mine
in Goldfield under lease. With work
being inaugurated on the Empress,
the G. o. ID. privileges were surren-
dered, and since that time there has
been almost continued development
carried forward on the Empress.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
RED TOP LESSEE
MAKES BIG FIND
ORE Is EXCEEDINGLY RICH AND
BRINGS HIGH VALUES
IN GOLD

One of the most promising min
eral finds made on surface in the
Goldfeld district in months is re-
ported from the Red Top claim of
the Goldfield Consolidated Mines
company estate. The find was made
by A. w. Honsinger, well known
local operator, who has been prose-
cutting leasing campaign for the
last several weeks.
In trenching, a vein of high-grade
ore has been exposed, the extent of
which is problematical, but which
reminds one, say those who have
had the pleasure of examining the
workings, Of the discoveries made
during the early history when Flor
ence and Mohawk became famous
the world over as the greatest gold
mines ever uncovered in the history
of the west.
Development, or prospecting, was
started a few weeks ago and it is
the operator succeeded in extract
ing enough ore from trenching to
bring him a net bonus of $500. 1t
is believed that the results Of his
labor for the present month will be
not less than $1,000, and If the ore
shoot is found to be persistent to
any great depth, then 1t is safe to
assert that he will realize hand
somely during the next few months.
Great secrecy has been main
tanned by the lessee regarding his
find, and few people were aware
CONTINUED on Page Eight
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
JUMBO JUNIOR
DEVELOP PMENT
TIVE LINES WITH Salts
FACTORY RESULTS

Considerable ore, which makes
stringers, has been putting in it's
appearance of late at the Jumbo
Junior property This ore is being
found in the drift that is being ex-
tended from the winze sunk from
the 880-foot level of the mine work
ings. No attempt is being made to
save any of the product by reason
of the fact that it is shot to such
fineness that it would be a waste
of time and expense to endeavor to
effect a saving.
Drifting will be continued in
definitely, or until the heading un-
dercuts the upper workings of the
mine whence a heavy production
was made few years ago. 1t is
a known fact that there has been
a slight improvement taking place
from day to day of late, and it is
freely predicted that it will not be
great while until something i'm
portant in a mineral find has been
found.
Quietly and unostentatiously the
management of this property has
been prosecuting campaign of
mine exploration for quite a period.
While little information has been
given out concerning operations it
was not with the idea of misleading
the public On the other hand, it
was desired to proceed with con-
struction with view of opening
pay bodies OF mineral Blowing of
trumpets did not appeal to those
interested, but it was desired to
place the property upon a solid
footing which would result in a
steady production ultimately re-
sulting.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24

Prosperity is again knocking at
the doors of Goldfield, The appear
ance of spring is giving an impetus
to the mining situation, and there
seems to be great activity rampant
in this, the greatest of all mining
camps in the west.
There is in process of reorganiza-
tion a number of mining companies
that promise to play leading role
regarding the future of the camp.
With plans carried out many min
ers will be given employment within
a comparatively short time, which
will rebound to the interests of the
community in no uncertain way.
The assessable mining company
must be depended upon to again
place Goldfield on the map as the
home of the greatest producers of
gold and silver ore to be found in
the state. Stockholders in old COM
panies that have passed by the
board, are responding freely to calls
for assistance to continue mine
building, with the result that several
companies have been financed where
by active development that pro-
misses to be prolific of results has
been inaugurated.
New Companies Organized
We have been reliably Informed
that during the course of the next
three or four weeks work will be re-
sumed on no small scale on at
least three promising properties that
are situated in the heart Of the
gold-bearing zone of this district.
Other companies are in process of
reorganization, but the time is not
yet opportune to make announce
ment concerning details of plans.
There have been no sensational
discoveries made in this district dur
ing the past week, but on the other
hand development on a number of
properties has been fruitful of re-
suits. Perhaps the most important
find was made by A. w. Honsinger
and associates, lessees on the Red
TOP claim, a portion of the Gold
field Consolidated Mines company
estate. The discovery was made on
surface and it is reported upon very
good authority that a streak of un-
usually high grade ore has been
found that promises to result in a
heavy production ultimately being
made.
New Company Organized
The Reorganized Diamondfeld
Triangle Mining company has been
incorporated with a capitalization
of s2,000,00O. shares having a par
value of 81 each This company
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
G0[DF|ElD CONSOLIDATED MINES
COMPANY ISSUES ANNUAL REPORT

feet; value of ore, a decrease of
$2.99 per ton; construction, an in
crease of Is cents a ton, while the
total cost of production shows a
decrease of three cents ton. The
actual cost of stopping shows a re-
duction of IL cents per ton.
The factors mainly responsible
for the above conditions were in
creased efficiency of labor and a
reduced footage of development
work.
One of the pleasing events in
connection with this big mineral
estate lay in the fact that during
the entire year not one fatal acci-
dent occurred.
Milling of Ores
Regarding the milling of ores
during the year, General Manager
Hutchinson reports as follows:
Your company's milling plant
has operated satisfactorily through
out the year and has averaged 92S
tons per day. An average recov cry
of S6.77 per cent was made. Com
pared with last year, costs of mill
ing concentrate treatment shows an
increase of % cents per ton, ac-
counted for by the following:
Reduced tonnage with a conse-
quent increase in cos. of labor.
Increased cost of all supplies.
THE experiments with oil fota-
tion mentioned in last years re-
port were instituted in March and
continued until June. During this
time $500 tons of ore from all the
various mines We're tested. The re-
suits indicated that on all classes
of ore, whether oXidized or sui
phide, oil flotation would prove COM
petitive with the cyanide process,
from the standpoint of recovery.
The only doubtful point was
whether or not this recovery could
be made with high ratio of con-
centrations. In June one-half of
the plant was changed to the fiota-
tion process, and operated on sui
phide ores. The results were salts
factory from the extraction stand
Continued on Page Two).
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24

Quietly, but conservatively, has
the Nevada Cooperative company
been prosecuting a thorough cam
paign of exploration on the Empress
property, situated in the Gold Noun
tain district, seven miles south of
Hornsilver.
While little mention has been
made concerning this property of
late weeks, it is nevertheless fact
that campaign of development has
been in progress and the results have
been fully up to expectation, accord
ing to reports of local officers of the
company.
The Empress is big low-grade
free-milling proposition, and it is
ultimately proposed to remodernize
the milling plant located at the seat
of operations. The mill in question
was constructed ten years ago.
While announcement was made
some months ago that this mill
would be thoroughly modernized, the
management of the company decided
to await the opening of sufficient
ore reserves to insure the continu-
Gus operation of the plant before pro-
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
MUCH ACTIVITY
AT THE GRANDMA
SHAFT BEING LOWERED AT
AVERAGE RATE OF TWO
FEET EACH DAY

There is great activity at the
Grandma property, and since the
machine drills were installed ex-
cellent headway is resulting in the
sinking of the shaft.
The shaft has now attained a
depth of 270 feet-this measure
ment having been taken Monday
and progress is taking place at an
average rate Of two feet each day.
There has been no particular
change in the rock formation for
the past week, and stringers of
oxidized ore are being encountered
frequently. 1t is anticipated that
the shale contact will be reached
within the next few feet, although
this cannot be forecasted with any
degree of accuracy.
Consulting Engineer ]. X. Turner,
who was called to Oatman, ~Ariz.,
several days ago to investigate a
mining property, is expected to re-
turn the latter part of this week.
At that time it is probable that
arrangements will be completed for
the enlargement of the scope of
operations.
The Grandma Mining company is
we'll financed to prosecute and carry
to a successful termination a thor
ough campaign of mine building.
II persistency is to count for any
thing, and concerted effort on the
part of the management will be
fruitful of results, then the Grand
ma property will prove a successful
venture. Coupled with the fact that
the property is situated in the heart
of the goldproducing area of the
Goldfield district, lends excellent
credence to the undertaking. a prop
osition of no little importance in
the minds of mining men in gen.
eral
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
REVIEW OF mining OPERATIONS IN G0LDFIELD District

controls seven claims in the Dia-
mondfield section of the Goldfield
district Stockholders in the Dia-
mondfield Triangle Mining company
will be permitted to exchange their
stock share for share in the new
company, providing the certificates
are accompanied by payment of an
assessment of one cent a share.
There is an Indebtedness against the
original company of $4849.75 and it
is proposed to liquidate the judg-
ment by making three payments of
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-03-24
NEARS Vein
ON MERGER
GROUND
VEIN WILL SHORTLY BE
INTERSECTED

The Goldfield Merger Mines COM
pany is prosecuting one of the most
active campaigns of development to
be found in the immediate vicinity
where operations are being carried
forward. In addition to the work
that is being performed on the
1750-foot level of the Merger shaft,
of the raise from the 1350-foot level
is progressing satisfactory.
This crosscut is now nearing the
Sunfiower vein, or the east extension
of the Jumbo Extension lode. In
other words, from the 1350-foot
level of the Grizzly Bear vein. or
the top of the raise therefrom,
prosecuting started from the Velvet
vein, when drifting was prosecuted
to catch the Sunfiower vein.
The Sunfiower vein is the south
extension of the Spearhead vein,
and when the objective has been
reached it is hoped to catch the
continuation of the famous ore
shoot found on that property a
number OF years ago. The dip of the
vein shows that an orebody of pro-
portions should be encountered, pro-
viding, of course, that the shoot
extends into Sunflower ground.
Work on the 1750-level is pro-
crossing satisfactory and it will not
now be a great while until the side
lines of the Atlanta property will be
reached. 1t is anticipated that pay
mineral will be encountered at that
time by reason of the fact that a
junction of two veins will undoubt-
edly form.
The showing on this mineral
estate, considering the limited
amount of exploration that is being
performed. is rully up to expecta-
tions, and those interested in min
ing in this section are watching de-
velopments with considerable in
terest.
Manager Lawrence is constantly
on the ground directing the work
that is in progress, and with plans
carried to a successful termination,
the outlook is certainly bright for
something important in a mining
way being announced.
1t is reported that the Spearhead
Continued on Page Eight)