The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1919-04-11
STINDT And D0N0HUE GIVE
OPTION ON FAMOUS LEASE

S,ind. and Donohue have given a
ten-days' option To purchase To Peter .
Buol. a mining man Of Las Vegas, 4
New, who has successfully promoted /
many OF the large enterprises in the |
neighboring southern county.
The amount involved is large.
MIR. Buol Is expected To arrive I
from his Roadside mine, located n ,
the western part OF Lincoln county,
i'm a few days tn close the deal.
Those who know Peter Buol vel
come him to the district, as he has
been instrumental I'm creating pros
porous organizations i'm Clark county
and he should find even greater OPP
portunities i'm the Phoebe district.
The Stindt and Donohue lease con
tinues rich shipments of high-grade
ore produced from the one working
face, which. however. has BEEN
heightened to total cf fifty feet to
permit the employment of additional
miners.
The assays OF the three carloads
OF ore now in transit show a value
of $4,000, and the carload at the
Salt Lake railroad depot and in the
mine orebin brings the value of the
production for the last month up to
$4,000. This does not take into
account the carload of extra grade
which will be shipped with addition
al precaution, as this lot is expected
alone to net SIS, ,000.
When it is considered that this
ore has been produced during the
last ten days with windlass and
bucket from the one working face,
and with a small crew of miners, the
Importance of the discovery Is DG'
dimly recognized. The real import
ance to this district is not in the
shipment of thirty or forty thousand
dollars worth of silver; 1t is not in
the well-earned riches poured upon
the deserving lessees and the mine
owners; nor in the increased well
fare of the miners now prohtably
employed at the lease, gratifying as
these things are to all. The real i'm
portance of the discovery lies i'll the
fact that truly immense territory of
virgin ground has been proven well
worth prospecting. The older oper-
ators confined themselves to the line
of the porphyry dykes and to certain
of the series of outcrops between TN.
the porphyries, and in thus comm
ing themselves to old-time theories
of ore deposition the mellow miner
allied country between the dykes has
been almost entirely neglected al
though years ago the veteran oper
ator. William Lloyd, called attention
to the possibilities of that section.
II is true that some hundreds o
thousands of dollars have been pro
duced along the line of the olde
workings, but why the intermealat
ground has remained unworked u,
to this time is hard to understand
hut Is probably one of the Vagarle
of old-time thought.
The real importance or the o'seoV
ery lies in the fact that the ore
proyen not to be confined to the ltn
mediate ground adjoining the Pre-
ductive dykes, but may be eXpecle
to occur in any portion OF that lars
territory extending for two mlie
from the Phoebe quartzite ana w
vond the famous old Alps lel
nhone. Harney and Wide Awak
mines and between the two dykes.
The courage Of the leading splri'
Of the Big Five lease, VINO starte
operations before the real Vaiue
the ore in the adjoining Suha, al
Donohue lease was known wiz u
doubtedly be rewarded, as the Id
word from the Stindt ana Dohohl
lease is to the effect that the ooiia
"a orebody is now opened up VIZ
twenty-five feet Of the line oi u
Big Five shaft, and IN that emu ai
striking under the Big rive sht'
bottom the best part OF the nls OF
body is now disclosed. Wllilah
Pitts, who has courageously ooi
much for the building up or the u
trict and who has the active nianas 9
ment with Walter CHRISTIAN VI
Big Five lease, is OF the OPINION III
sinking must be continued anou,
feet TO reach their obJectlNe. M.
Lee, one Of the owners OF the "
Awake mine, says there Is reasc
able possibility of the big rive .
ting the ore richer ana higser t,l
the spectacular Stindt ana Dohoii
bonanza.
The usual pessimistic stores we
afoat during the hrst part VI
week but were found TO De WIN.
foundation, and the oreoody aS
Record goes to press malhtaihs
wonderful showing.
Ronnow-Willouby Lease Progressl
The Ronnow- -Willouby lease
the Yuba mine is taking out sh
ment of silver-lead ore of good gri
which was secured during their W.
of prospecting and Development;
retimbering Of portions OF the Bu
tunnel and equipping 1t with m
track makes the upper portion
the Yuba mine accessible for w
for the first time in years An
mirable piece of work was done
Mr.. Willouby, who, single hano
succeeded in spiling through he
section Of caved ground, rende
doubly dangerous by the icews
resulting from the spring thaw
this shipment of ore off to the SIN
= ,,..i ,,,,u no undertaken on