Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1920-10-08
LARGEST DEAL
IN MONTHS IS
IN PROSPECT
Engineer Now Examining Prop.
erty to Determine Whether
Option Will Be Closed

W ] LUring and associates have
,,ten An option on the Landmark
,ropD a, Tolicha, comprising three
.r,i,ns known AS TOlicha, Landmark
and Landmark No. /, embodying the
.hiaf development of the district.
The DISTINGUISHING feature of the To
Hpba group is the existence Of three
n,rouel lodges. each of sufficient
,,,grifudp to make a mine in itself
and all carrying high grade values
I'M gold with small percentage of
silver The agreement was signed
late yesterday afternoon in the Of
..c, of Harry c, Stimler, who was
u.:umental in gaining the atten-
lsn of Mr. Loring.
7oIicha has been the objective OF
Numerous mine operators and theH
engineers for several years, follow
.ng the granting of an option in an
other part Of the district to George
WiuEdeld. The camp has the re-
markable record of not eliciting an
ntaY5rabIe report from any of the
numerous engineers who have pass
cd on the merits of the location,
and the only reason development
has been deferred was due to a
conflict Of interests that has been
definitely disposed OF. The Landmark
group holds the key to the mineral
zation Of the district, as it is partial
ly opened by means of shallow shafts
and a tunnel run to crosscut the
three big lodges prOspected on the
surface The option taken by the
Loring interests is signed by Ed
Yeser Ed S. Harney. Thomas A.
HarDey Nick Ableman and Ed Ash
toH and includes absolute control of
the three claims, providing the
grantees choose to exercise their op.
ton Charles D. Wilkinson, engineer
for the Loring interests. left this
morning for Tolicha, where he will
sample the ground once more On
this determination will depend the
future of the property.
The Landmark group should not
be- confounded with the ground op-
toned to George Wingfeld, which
was prospeCted under direction OF
A |. Darcy, for that work was
done on the Life Preserver group
the first location Of the district made
by Jumbo" Yeiser, Ed Harney and
Pat Jordan In an effort to prove
up the claims considerable work was
done by the Wingfield engineers
with the result that an adverse re.
port was rendered and the option
released. This action was due tC
the discovery of fault which cut on
The main orebody after running a
short distance Efforts we're made
10 solve the fracture, but the up.
aeaya baffled all efforts and the
"Inghed men retired from the dis
lIIcL This experience might have
0sheartened others, but 1t did not
destroy the confidence of Jumbo
and his partners. who remained or
Tue ground endeavoring to pick uI
'Ae broken vein. Six months later
'Ae orebody was recovered half q
mile north on the other side OF To.
"eaa mountain, and the Landmark
group was located
Iolicha Is situated in Nye county
81 miles southeast Of Goldfield BY
'oe county road, or 6s miles soutl
Via the Tonopah & Tldewater rail.
ROAD to the station OF Ancram. !.
Ai!es due north OF the new camp
An excellent trucking road with ,
"fm foundation connects the railroad
Win the camp, and It is believed tina
'h's viii prove the popular gateway
Naeram is the name for a sidetracl
mat has been seldom used. but will
.pe development Of activity at To
Nena the railroad viii move tn,
'aetraek several hundred yard
away from stretch OF sand tha
gov in'erteres with handling heay,
shipments on trucks