The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1919-08-09
FLORENCE COMPANY
CONTINUED Frrm Page ore)

CONTINUED Firm Page Ore)
work has already been done. This
initial sum will be sufficient to fl
nance 10000 feet of additional de-
velopment work and the treasury of
the company will be added to con-
tinuously by lessees. The parent
company is expected to receive over
$25, 900 from the recent shipment
of high-grade ore from the Flor
ence Divide lease, definite returns
from which are expected from the
smelter in a few days.
The first important work to be
undertaken will be the driving of a
365-foot crosscut on the seventh, or
35S-foot level and the driving of a
100O-foot crosscut on the same
level. The former will be driven
from the shaft west to the line be-
tween the Combination No. 2 claim
of the Development company and
the Florence. The Florence has Sc
cured a lease on the Combination
No. 2 and will explore the claim.
This work will be done far into the
footwall of the vein, heretofore I'M
explored on all levels above the
seventh, which is considered to be
at the ideal depth for opening bo-
nanza ore as shown by the results
secured by lessees in the past. The
%10O0-foot crosscut will be driven
from the end of the main southeast
drift, which is 500 feet long, to a
promising outcrop of the old vein.
This outcrop is considered n of
the best surface indications of ore
on the Florence.
The company intends to enlarge
the present leasing policy and to
affrod every facility to aid the
~lessees in developing and extracting
ore from all parts of the mine, in
Guiding the most promising parts
and for this purpose miners will be
employed continuously in explora-
ton. Ore opened in this way, with
exception of instances where valu-
able bodies of large size may be ex-
posed, will be turned over to lessees.
In discussing the work planned
by the Development company in the
northern part of the Florence, Mr..
Schmidt gave the first indication CT
the grade of ore that may be found
in this part of the mine when he
pointed to the fact that it had never
been reworked and said is should be
'of higher grade than the general
average of Development ore" This
will prove a big addition to the tom
mage of low-grade material to be
milled by the Development and also
makes an asset for the Florence of
this big tonnage, which for years
had been considered of little value.
The Development company is now
driving the main haulage way on
the 3SO-foot level of the Combina-
ton toward this ore and the object
i've, the old Riley lease block will
be reached in 800 feet.
In recent weeks, two Florence
leases, the Florence Divide and the
Giles. have been attracting atten-
ton.
The Florence Divide lease, then
known as the Witt-Brandon, first
attracted attention in April of this
year, when the remarkable rich
ness of the ore beng mined became
widely known. Witt and Brandon
made several valuable shipments be-
fore selling to the Florence Divide
early in May, their last shipment
averaging $500 per ton, according
to reports. 1t was practically en-
tirely through shipments from this
lease and the Taylor-Mechlin, with
which it was consolidated later, that
the Florence Indebtedness was
cleared during the receivership
period, although the rich ore on
the 400-footh level had not been
found at that time.
The high-grade orebody was ex-
posed for a distance of about 15
feet and the seam in which 1t was
found for 40 feet when the lease
was sold. Late in July the new
owners had opened the seam for a
distance of 1876 feet and for a
with of from n to three feet.
Ore valued at we'll over 100000
lad been broken in seven weeks un-
lder great difficulty due to lack OF
compressed air caused by the burning
of the Florence transformer house.
| tn; rty-fo mounds of this