The Record-courier. [volume] (Gardnerville, Nev.) 1904-current, 1924-12-05
WORK STARTS
VETA CRANDE
Tonopah Dividend Mining
Company Takes Over Local
Property and Will Work it

Under lease covering a period of
five years the Tonopah Dividend Min
ing company has taken over three
claims of the Veta Grande company of
Douglas county with the intention of
engaging in large scale production.
The lease gives the Dividend 5000 feet
on the vein and use of the compressor
plant and other buildings on the
ground. Under existing conditions the
lessees are shipping 20 tons day to
the Kennel smelter on a favorable
contract that would leave nice pro-
fit on $40 ore.
Future treatment will depend on
experiments in metallurgy now being
conducted in order to decide whether
cyanidation or flotation will yield the
highest extraction at the lowest cost.
E. S. Chafey, consulting engineer,
is in Tonopah, experimenting the re-
moval of some of the equipment of
the Dividend which can be used to ad-
vantage at the Veta Grande. The
contract for transporting this machin-
cry has been signed with Capt. o. ].
Belleville, whose trucks will continue
hauling ore from the property. H. NJ.
Barber, until lately, superintendent of
the New California mine in Tonopah,
has been appointed superintendent of
the Veta Grande. Under his direc-
tion, the roads leading to the mine
have been put in Al shape so the
costs of hauling will be reduced TO a
minimum.
Veta Grande was located in the
Comstock days and since that time
considerable work has been performed
by various owners. The Raycrafts
owned it for 25 years and the Spring
meyers then took it over, working in
desultory fashion until they sold to
Edward J. Roberts three years ago.
The location is IL miles south of Min
den and 1000 feet off the state high
way to Yerington. The distinguishing
mark is an immense outcrop extend
ing a distance of 5000 feet which the
early operators endeavored to mine
by driving tunnel for 1000 feet in an
easterly direction. Failing to find the
ledge it was reasoned that horizon
tai fault had caused sharp fracture
and, then shaft was put down 200
feet. A crosscut was run 200 feet
that brought in flow of water that
drowned the pumps. Subsequent ex-
ploration disclosed the fault was ver-
tical.
Going back to the tunnel E. s.
L.. ox.I Nal
pected the bore until they found the
lost ledge at distance of 300 feet
from the portal, proving a width of 25
feet and thus demonstrating the ex-
istence of an immense orebody be-
tween 25 and 80 feet wide in the
workings and extending to the north
for over 100 feet.
According to the statements of for
mer owners the entire mass is a mill
ing ore although Messrs. Chafey and
Maloney are not accepting any mans
word on physical conditions. They
are now engaged in sampling the
property and are confident of proving
up highly payable property as most
of the dump ore runs 20 ounces in
silver and 81 in gold. The latter con-
tent shows no variation in ratio to
silver, remaining the same without
any fluctuation. Mr.. Roberts declares
he has had samples run as high as
600 ounces silver.
An upper tunnel that was run $50
feet cut the vein at an angle that gave
width of SO feet. The United Com
stock management has expressed a
desire to treat the ore which they re-
port is highly tractable from which
they made high recovery by cyanid-
alton. Metallurgists are now expert
menting with flotation process as a
means to securt even a higher recov-
cry.
The executive staff consists of F.
M. Maloney, president and manager;
Ed. S. Chafey, consulting engineer,
and H. M. Marber, mine superintend-
ent.
These names are well and favorably
known to mining circles in Nevada
where all concerned have been operat-
ing for years and have been identified
with some of the most successful un-
dertakings.
Mr.. Maloney grew up in the game,
leasing, operating and working in va
rious properties of Goldfield and To-
nopah, finally becoming interested in
several outside ventures that caused
him to open an office in San Francis
co where his familiarity with mining
in this state caused his advice to be
sought on numerous Nevada promo
tions.
E. S. Chafey is known as one of the
best ore finders in Nevada and by his
activities in the northern country, the
gold camp of Chafey being established
as one of the permanent towns of
Humboldt county.
President Maloney declares the OBJ
ject of the lessees is to demonstrate
that the Veta Grande has all the ear
marks of great producer which he
expects to develop into one of the big
gest precious metal mines of the coun-
Il L