The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1921-08-06
THE SEARCH FOR
NEW MINES IS ON

With steadily increasing frequency
reports are coming in that capital is
again turning its attention to the
metal mining districts of the western
states. 1t also is noticeable that the
search for properties in which to
make investments is along altogether
new lines. In the years gone by the
average investor of means was usu-
ally insistent that his engineer or en-
gineers should not bother with propo-
sitions that lacked measurable ton
nages Of commercially profitable ore.
Under the new order of things that in
sistence no longer prevails to an APP
preciable extent.
The movement now beginning to
manifest itself calls for a complete
reversal of established mining engi-
neering practice, as exemplified in
the past work of engineers of So
called exploration companies and
exploration departments" of large
mining and smelling corporations.
The fact has come to be appreciated
that if there is to be a revival of metal
mining, new mines must be found and
developed and reliance must be
placed on mining engineers and min
ing biologists with sufficient "cour-
age of conviction" to advise the de-
yelopment of propositions which their
judgment tells them warrant the ex-
penditure of capital TO open them up.
The services of such engineers are
now being sought. and. fortunately
for those who may be hunting worthy
propositions, there are sufficient
number of idle men in the engineer
ing profession right now-men who
are familiar with conditions in the
metal mining regions of the west, TO
meet the demand.
The investing and the speculative
public have grown weary of the
schemes of the wildeatter and tin
horn" promoter and his stock jobbing
tactics. Stocks in the heavily capital
lied and big-yielding mining corpora
tons and kindred concerns are no
longer attractive in the stock markets
of the country. while the little fell
lows have become disguised with the
"hog-it-all" tactics and manipulations
of the degenerate, INSCRIPTIONS and
dishonest element in the ranks of the
mining brokerage fraternity the
country over.
As result of these conditions, and
the knowledge that the day is at hand
when there will be an unequaled de-
| mand for the precious and semi-pre-
cious metals, as well as for lead, cop
per and zinc, the search for new
mines has commenced. Capital now
| Is willing to take hold of likely, prom
sng prospects and small mines and
| develop them.
There now is room and a place fol
| the mining engineer or mining geolo-
| gist to cash in" on the knowledge he
has gained in the field by selling his
| knowledge and ability to men who
may trust him to not only make re
liable reports, but who is willing Il
| give an unbiased opinion. backed by
| " nhdb ohOois
be done when properties are taker
over with the object of making com
merciai propositions of them. This
is not intended as reflection OF
past practice and methods of making
reports by the engineering profession
1t is offered as pointer on what thu
changed conditions demand. New
mines must be made. and money i
becoming available to make them. TIL
mining engineer and the mining ge
ologist of discernment and courage t
express himself is going to prove al
important factor in the new order o
things.-Mining Review