The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1919-04-18

finance the heavy initial expense of \
making ii a producer. and the lure |
of opportunities closer to railroads |
combined against him and caused an
opportunity to slip by.
W. A. Smith, attracted by the pos
sibilities of the manganese content
of the ore. located the ground last
October and has been actively engag-
ed since that time in opening the
claim in so far as it lay within his
power. Difficulties came with the
same rapidity and ease with which
difficulties come to all men.
The exceptionally severe winter.
the poor condition of the roads re-
sulting from the heavy snowfall, the
Hack of sufficient capital. and the fail
ure of confidently expected resources
| would have caused a less determined
| man to wilt, but Smith courageously
| held to the work. Then came an un-
| expected discovery of rich ore in a
small digging, which resulted in the
accumulation of 100 pounds of high
| grade silver ore. This was shipped
out by parcel post and brought in
the small fortune of $500. AS his
entire cash capital at the outset was
| but So, the percentage of gross out
put to the capital invested was high
ly satisfactory This amount was
soon invested again in the property
and the realization of the need of
more capital came to him with force.
The mine was brought to the atten-
tion of Peter Buol, who in turn
brought it to the attention of his
principals, and the property was pur-
chased by them for $4,000.
ANOTHER Bonanza for Phoebe District
Mr. Smith remains in charge OF
che work of opening the mine and
will carry out the expressed inten-
ton of the new owners to develop
he property with all possible speed
consistent with economy. The work
of development by sinking ard drift
ing on the ore outcroppings on the
surface will enable them TO form ar
intelligent opinion of the value o.
the mineral resources. and after I
2 reasonable tonnage of ore is blocked
+ | out, sampled and valued, then tbs
l work of marketing the product viii
E be taken up and the Phoebe distric
u will have another bonanza mine
9 While the property is located jus
; over the line in Nye county, the nat
|
J, point which is Phoebe. The citizen
/ of this county should aid in TIL
$ maintenance of a highway to thi
S section. otherwise business belongin
: by right to this center will OF neces
h sity he diverted to another shippin
I. point.
= DEVELOPMENT Work to BE Rushe
a 1t is realized that the property
=, but a prospect, and no prediction
- concerning output are being mac
~ by the new owners and nothing
- being said beyond the promise, {
~ earnest and quick development: pu
- other men, knowing by eXperienc
;" the possibilities of the district, ar
more openly enthusiastic concernlli
is the future of this mine. They poii
l. out the general geological condltlol
r existing in this mineral country !
of tbe desirability of the ore as a shei
d. ing fIux: and to the high values
in nrecious metals already found 10 q
rd ist And with this as a basls tnt
W sneak we'll Of the future posslDllltle
ty The distance from railroad transp'
It tat;on is a drawback, and untll I
al GOVT vears this distance OF seven
Id miles was almost prohibitive TO Pre-
he ;tabIe operation, but in these Ga
as NJ swift motor trucks and the iho
ch economical caterpillar tractors u
ci- a;etance is overcome. Water, usua
IA w so far distant from the desc
;es m,ine Is flowing on the property al
n furnishes an asset which only an o o
re- arator with desert experience ca
he annreciate fully. 1t seems 10 oe
tn thoroughly thor sound mining veh.u '
he yrith most attractive speculative ~
sSS | rihilitipS.