Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1920-05-26
any new Nevada mining camp has re-


i ing engineer d. high standing.
4 When the governor examined the
/ Broken Hills property few weeks
ago it had not yet been taken over by
the Broken Hills Silver Corporation,
and the condition OF the property as
examined by him was exactly as it
| showed itself as the result Oh the sill
| gle handed operation of the two
| prospectors, Stratford and Arthur,
after they had highgraded it Oh about
| S50,O00 worth Of rich ore. Even then
/ he was able to express the ouinion
that F" it is the best showing | have
seen IN any new territory i'll Nevada
Tor many years
The governors letter in tull, adj
dressed to G. Fl, Mcintosh. president
OF the Fidelity Finance & Finding
| Company, OF Reno, which has just
under written the treasury stock of
the Broken Hills Silver Corporation
to net the company $3S0,00O. follows.
In pursuance o. your request ] am
glad to give you my views regard
ing your property examined by me
.on the 5th instant which under
/ stand is held by the Broken Hills
Corporation Of Reno, Nevada.
The examination, concluded as it
was within a few hours, is necessarily
cursory and | have had to depend on,
maps and assays following the meas
tFsement and sampiing OF the proper
ty by others.
Having had, however. all intimate
view of the workings together with
two extended reviews OF the data OF
| your engineer, Mr.. Thompson, in
whose judgement and integrity have
every confidence | feel qualified i'll
expressing an opinion as to the ap-
parent and potential value of the
property.
This property covers the major
outcrops of wide area showing evil
dence eli lively vein and ore forming
i agencies. The vein developed by the
+, Standardization workings appears
to lie within one Of several fauted seq
ments o. the main crushed or shear
zone and to be only one OF several
veins outcropping within the altered
area
This development exposes very
strong vein on the surface which is
still wider and stronger in the $50
loot level, the bottom of the workings
1T is not my purpose to go into
extensive details i'll support of my
conclusions and this letter should be
read in connection with Mr., Thomp-
sons report. Basing estimates on
his measurements and his samplng
together With my observations OF the
obvious physical characteristics of the
formation. have no hesjtancy in say
ing that the entire vein matter, rang
ing in breadth from 2.5 to feet, ex-
posed on three sides by the Stratford
Arthur shaft and drifts therefrom
should average at least as high as the
waste dump, at that shaft plus the
value Gound by distributing the re-
turns from high grade shipments
made from the workings hereto ore.
There appears to be about $500
tons on the waste dump which, ac-
cordine to Thompson, assays $40 per
ton The blocked ore in the mine,
exposed on three sides, will figure
conscrvatively 6SG0 tons. About 400
tons have been shipped, the latter APP
pearing to have retuned i'll round zig
ures 100000 Applying the waste
dump average as swcctcncd by the
So00GO referred to. the ore exposed
aggrcgating 93G0 tons tlncludmg the
Dump may be property estimated as
having not less than Sl5.75 value
per ton in place, The average OF
samples along the lowest level gives
value o; $500 for ore in place
above that level and for an average
width of live feet
This property is richly entitled to
development. | would like to see the
shaft sunk another 10000 leet and
drifts run north and south in that
/ segment 81 the vein at So foot lifts.
A crosscut to both walls of the ore
zone should be run, preferably on the
l05-foot level.
"Trenching, to be followed by one
or more ore shafts on favorable out
crops should be carried out on the
vein segments not prospected by the
| Strat'ord- Arthur shaft system.
Il consider this remarkable prom
isine prospect which is worthy OF de-
velopment on considerable scale.
! I ,.,,,- .ro frrtber and cav that If is