The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-02-13
AROUND THE MINES

44O0t'SV ssh VIC saiPB<3 " 1870
1merica at once. Most Of tho metal
10 consigned 10 banks In Aryeatina-
Bonanza ore. carrying hsa-grade
values in gold. silver and copper, has
been encountered In the RslIs mine.
adjoining the South Hecla. - the Alta
district.
Preparations for a resumption 0e
mining activity at the Key stone In the
Park City district have reached the
stage where actual mining can begin.
IL is learned.
The old camp Of Hunter. Nevada.
located about twenty-five miles from
Cherry Creek. which In the early days
had a record Of production amount
ing TO more than $1.000.OOo. is again
10 be revived
The bulk of copper sold for export |
To European countries will be paid for |
i'm American dollars, according to the
Boston News Bureau. The buyers
must bear the brunt or adverse for
eign exchange.
Progress at the Bullion property
near Jean, Nevada, has been most sat
isfactOry, according to latest reports.
The first carload of ore was loaded
out last week, and shipments should
follow regularly.
In spite of unfavorab,e weather con
ditions during January. 2114 wells
were completed and production az
gregated 452, 1897 barrels IN the oil re-
gions of the country, according to the
monthly review.
Physical conditions of promising
nature are being encountered In the
WINE which is being sunk on assure
No. in the crosscut drift on the 80
foot level of the main shaft of the
Three Kings mine at Park City.
New record highest prices for silver
In the history Of the universe were es-
tablished last week when the London
market bid SO pence per ounce. British
standard. This would be $1.S9 per
ounce were British exchange at par.
Interest has been aroused in mining
circles over the discovery of rich sill
ver-gold ore q few miles from Carson
City, New, near Shaw Springs, and
lust north of the Sam Davis ranch
about eight miles in an air line from
Virginia City.
Plans are under way for extensive
development work to be carried on a
the Addie Mining company's propert!
in the East Tintic district. Just al
soon as reports on the property ar
completed machinery will be purchas
ed and work will be started.
The discovery Of gold In payin
quantities in two places In the Ura
mountains has just been announced
Soviet engineers report that If ms
chinery is procurable the new field
will increase Russias gold output b
90 per cent within two years.
Ores extracted by the Utah Metal
Tunnel company of Bingham durin
the year aggregated $94,521.35.
which S59,9O9.34 was by the compan
and $34,612O1 by lessees. There wer
no net profits, according to the stat
ment filed with the state board
equalization.
Members of the Salt Lake Stock an
Mining exchange, with four dissentir
votes. voted to cut down the buyel
and sellers on the local market fro
sixty days to ten days, so as to cor
pei the borrowing Of stock instead
the usual contract method. This a
ton practically eliminates any .sho
selling on the market.
Through the efforts Of ]. Hen
Goodman the properties Of the Willie
Creek Gold Mining company and tn
of the Liberty Gold Mining compal
at Willow Creek, about seventy-ti
miles southwest of Ely, have be
consolidated under one managemel
with ample capital in hand for the fl
Their development Of the property.
One of the most important mini
deals made in Nevada in several yea
was closed in Tonopah last wet
whereby six groups Of mining clai
owned by Joe Togoni at Silvert'
eighty miles southwest Of Ely, w
transferred to six mining cOmpan
recently organized in New York Ci
which are all well financed for
development Of the property acquir
The recent strike Of high grade G
per ore made on the 3OO-foot level
the Gilmore mine, situated in the Boi
HALEY gold belt in the Dixie distr
formerly known as the old Volcs
district, thirty-five miles northeast
Mountain Home, Idaho, has convin
the management that an extension
rich shoot averaging five feet wide
proven for length Of 400 feet "
the 100 and 200 levels has been
countered.
1t is thought that within the
ten days the new machinery will b
running order out at the property
the Independence Mining company
Tintic district and that sinking OPP
lions can be resumed.
C+oodv dnvolopmpnt of the prone