The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1917-11-13
LINE CROSSED into
NATIONAL LEASING

The news that National Leasin
company's development operation
have now actually crossed the line in
TO National Leasing ground is tn
most encouraging report that has We
come from the property, says Rice
Industrial an Mining Age, and, take
in connection with the statemen
made by Consulting Engineer. Feust
in an interview printed herewith
should be regarded as putting thi
stock definitely in the class of specu
lative potentialities.
Engineer Feust, who returned Il
New York on Saturday after a Ion,
stay at National and a thorough in
spection of the property, the work:
and the methods of operation in force
said
I'VE have now reached the north
endline of the Charleston Hill Gold
Mining company's property, and the
actual development of this territory
under lease to the company is under
way. Having drifted along the Ma
tional vein on the 500-foot level to the
point where the vein crosses the so III
endline of the National Mines corn
pany's property into that of the
Charleston Hill Gold Mining com
pany, sensational developments may
be flashed over the wires at any time.
Il feel optimistic as to the outcome
of developments. because natural con-
ditions are ideal for the making of q
bonanza orebody. The vein is almost
made up of ribbon quartz
which is usually associated witt high
grade ore. Furthermore, the last 15u
feet drifted on this level is highly
both in the vein proper
and in the hang-wall material. prov
ing conclusively that we are drifting
in a country through which the MN
eralizing agents have been very ac-
tive, and that probably some where.
not very far distant, conditions may
be ideal for the disposition OF another
bonanza such as made the National
camp famous less than ten years ago.
LAS | stated on my first visit to the
property in the early part of August
now reiterate that National Leasing
stands an excellent chance of dupli-
eating the history of the National
Mines company, and will. / fAcl con-
ldent, give a good account of itself
under the campaign of development
work now in progress. Considering
The favorable conditions and the
equipment at hand, startling develop
nents may be looked for at any time
rom now on"
National Leasing shares had final
on the New York Curb of
light cents, unchanged from the pre-
yious week. These shares represent
in a venture which has
or its purpose the thorough explora
ion of the 700 feet or more of the
amous National gold-bearing vein
which is known to lie in the ground
If the Charleston Hill Gold Mining
company, adjoining the property of
he National mine. The National Leas-
ng company has a five-year lease on
he property of the Charleston Hill
iold Mining company. 1t also has a
ease from the National Mines COM
,any on all of that company's shafts,
unnels and workings, as well as its
'ery complete and modern mining
machiery, etc. This has
nabled National Leasing company to
inter the Charleston Hill Gold Min
ng company's ground at depth on the
1ein by drifting from the National
nine workings a distance of few
feet. Unquestionably more
han a year of time and tens of thou
sands OF dollars of expense have been
saved to stockholders of National
leasing company by conducting ope-
-ations in this way.
The opening up in National Leasing
ground of a single oreshoot such as
rielded the famous National high
trade" should at once send the price
# National Leasing stock up into the
class. There has
eldom been offered a better gamble
IT one in which the possibility of win
ling was so greatly in proportion TO
he possibility of loss as National
easing shares at their present ex-
low market quotation.
The National Leasing company is a
Delaware corporation. It's president
5 George Graham Rice. president of
he Emma Consolidated Mines COM
ANY and vice-president of the Rice
ill company The vice-president and
reasurer is C. F. Besler. president of
he old Emma Leasing company. The
ecretary is r. w. Gnekow, secretary
( the Emma Consolidated Mines com
any.