The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1923-11-15
IMPORTANT SALE
MADE At CIRCLE
John H. Miller Buys Claims ON Par
allel Vein With Red Hill at
Reported Price of From
$4,000 to 100000

One of the most important min
ing deals affecting that industry in
northern Nevada which has been
accomplished recently, except per-
haps that of the Buckskin National
property, was closed last Friday
when John II. Miller of Hawthorne
bought the Colorado Grande group
of claims at Gold Circle from K. I.
Noble and son. The claims pur-
chased are 1900 feet north of the
Missing Link shaft of the Red Hill
Florence Mining company, formerly
known as the Berry property, and
are on the parallel vein of that
property which was proven to be of
great value by the uncovering of
ore on the 500-foot level last
Wednesday. The deal was for cash
and was accomplished through the
efforts of j. l. Peterson of Col
conda, who is interested not only in
the Colorado Grande group but also
IN other Midas claims. The re-
ported price was between $4,000
and 100000, substantial down
payment having been made to the
Mobiles last Friday.
The purchaser, John H. Miller, is
a man well known in Nevada, where
he has resided all of his life and
made fortune in mining. He was
candidate for governor at the last
state election and it is well known
that his endeavors to finance min
ing properties, aside from his own
wealth, are always successful. He
is expected to return to this city
today or tomorrow and, according
to his own announcement, will have
development work started on the
Colorado Grande within the next
week. His views are that mill is
justified at the property without
further development and one of his
first activities will be TO find means
of providing economical power at
Midas for milling purposes, perhaps
by establishing an electricity gen.
Grating plant on the railroad at Red
House and erecting a transmission
line to the camp. The proposition
of the Nevada Valleys Power Com
pany extending it's lines to the camp
is also to be investigated.
Other activities which show rosy
possibilities for Gold Circle, accord
ing to c. S. Warren of that camp,
who was a weekend visitor in this
city, include the optioning of the
Eastern Star claims by A. j. Stin-
son, while another deal is between
Jim Anthony and Reno parties for
claims known as the Lucky Jim
group. Peterson of Golconda is
also mixed up in this deal, but he
said yesterday while here that there
is no certainty that it will go
through.
The excitement which fairly set
mining circles here and at Midas
agog last Wednesday was created
when the Red Hill company. sink
ing from the 270 to the 500-foot
level of the Missing Link shaft, and
prosecuting forty feet, struck the
vein at an unexpected place, the
vein being BIZ feet wide and av-
eraging better than $12, with six
inch streaks on the hanging and
foot walls running from $50 to $50
a ton,
The striking of the vein was tie
occasion for a big time at Midas
on last Thursday night, with tur-
key dinner being consumed by resi-.
dents there and visitors from Elk .
Tuscarora, Glover Valley and Col.
conda.
Concerning his Midas venture
Mr.. Miller said: 81 was most
favorably impressed with the Colo
Circle mining district. / am sure
that anyone going in there will
form the same opinion. l want tc
say right here that the people OF
the little town of Midas when is the
center of the Gold Circle mining
district, are most hospitable and the
true spirit of friendship prevail.
among them. The stranger is made
welcome and is greeted for himself
and not for what he may bring
They take great pains to show tn,
new conner over the district even i.
they know that he is not going tt
buy or whether or not they hav,
anything to sell. They take on,
over the whole district and shov
|