The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1920-04-03
gREKA-CROESUS NEWS

Tho had weather or last week con-
.,ued throughout the present week,
making IL impossible 70 maui ore from
,he mine to the railroad. The COM
ssnv's bins remain full Of high grade
ss,nping ore which cannot De hauled
AMI until the weather improves and
shs roads are put in condition
work in the mine has ben prose-
.,,ad with the usual vfgor with most
s,stifying results. Several of the
sieh grade seams are being followed
Sovu and exploration of the old work.
ings continued.
average samples taken from the
tsce of the various bodies on which
vork was being done during the week
mye the following results: $3.50.
us.2S, $107.56, $s2.45, $l62.0O,
;s7.56, $57.44, $142.75.
All arrangements have been made
for pushing the development Work
at the mine with greater vigor than
ever as soon as the season opens.
EuREkA-kING
Work in both tunnels Of the Eu-
reka-king property has been pushed
forward. In the Prospect Mountain
Tunnel an average OF eignt feet day
is being driven, while in the Eureka
Tunnel, the exploration OF the old
workings is showing up very hign
grade ore in several places. 1t Is ex-
pected that shipments will be made
rom the Eureka Tunnel as soon as
the weather and roads will permit.
EuREkA-CLlMAX
There are some eleven claims In
this property, some OF which were
mecessfully worked in the old days
and produced large quantity Of very
hgh grade ore. The old Orange Tun-
rel Is now being driven to get under
ne nign grade ore body in the Dead
| Broke claim. ALREADY, nigh grade
| &c has been encountered, which Is
| npidly widening. The known value
the properties and the extremely
low capitalization OF the company ex-
plains why the stock has held 80 firm
curing the recent depression in the
market and is so eagerly sought by
Investors at practically par. Inc cap
talization OF the company is only
100000. The management expects
shipping very high grade ore. ana II
will be readily seen that with such a
low capitalization great deal OF ore
viii not have to be shipped to pay a
very handsome dividend.
IrREkA-PRINCE
The organization of the Eureka
Prince Mining Company which has
rnA nl1 4 iaL
which has produced SO much hign
grade ore and has been a steady pro-
Queer for years, Is now practically
completed. The stock will be brought
Iout on the San Francisco Stock tx
|change, and the New York and Bos-
ton Curbs at an early date, at a price
Of not less than one dollar per snare.
This property will be the scene of in
tense activity as soon as the weather
will permit. 1t Is understood that
the local people who made such a
good turn in speculation in Climax
are taking an interest in Eureka
Prince. 1t Is stated ON reliable au-
tAority that several Eurekans doubled
their money in Climax and expect to
lido as well or better in Eureka-Prince.
EUREKA SOUTH HOLLY
A full equipment of machinery,
ETC., has been acquired for this prop
|erty and is due to arrive on any train.
The property lies Immediately to the
|south of the Eureka-Holly and is be-
heyed to have the rich ore streak
4 that has been developed in the latter
property. A shaft will be sunk and
|a large amount of development work
done this Spring and Summer.
|EuREkA-QUEEN
The Queen Mining Com
|pany Is being organized and will take
|over the several properties on Pros
|pect Mountain formerly owned by c.
u. Morse and associates. These prop
|gties are to be developed through
|the Eureka Tunnel, owned by the Eu-
|reka-King Company. The ore bodies
that were formerly opened at the sur
Face will be penetrated at depth. The
|stock of this company will be listed
|on the Boston Curb and handled by
+ group Of financiers of high standing