Show THE GOLD BUG MINE M Interesting Account of the History of This Promising Producer One of the most important discoveries yet made in the camp says the News of Gold Creek Elko county Nevada was the strike last week in the Gold Bug I The new tunnel as was expected and announced by the News some time previously announce viously cut the vein the middle of February I Feb-ruary at a distance of 185 feet from the mouth and disclosed two feet of decomposed I decom-posed quartz highly charged with free j I gold As yet there Is no means near at hand to determine accurately the value of the i ore but I does not need an ass rers I furnace to tell that It Is rich The sold i Is visible to the naked eye A piece of S the ore not larger than a walnut was i I brought to the News office and the i quantity of yellow metal that hung back In the horn was enough to excite even those long accustomed to big strikes The News desires to appear conservative conserva-tive and yet it has no doubt this sample would run into the thousands I is only claimed for the strike that it will show 0 or J200 ore and yet the piece left at this office was said to be about an average sample of the vein It is just a well to view the matter calmly and yet the elation of J E Pen rod one of the owners can well be er cused He is out now bucking six feet of snow hauling lumber for the flume across Mill crek He has lived in this country 2 years and is used to seeing 3nuggets in the pan Though not over fngN t rSaniodoUj fnve rSaniod imaginative he is today dreaming of owning a winter palace where there Is no six feet of snow The history of the Gold Bug Is somewhat some-what romantic I was discovered tenor ten-or twelve years ago by Henry Freuden thaI now sheriff of Lincoln county He lied cone over from Mountain City and was prospecting near the mouth of Tennessee Ten-nessee gulch then called the Golden Gate Rich float was found among the bunch grass on the gentle slope of the hillside hill-side and a little digging disclosed the now famous Gold Bug ledge Mr FreudenthaL ran an open cut sank a shaft 36 feet and afterward connected this with an Incline run on the ledge con Unuinjr development work until he went broke as the saying Is All the returns re-turns he received was 140 from two tons of rock packed over to Mountain City 2 miles and treated In an old Huntington Hunting-ton mill that wasted more than I saved This was small compensation considering the expense he had been to and the new mine owner gave up accepting a position I with Mr Ross the Mountain City merchant mer-chant The mine lay abandoned for a number of years until Walter Stolid and A D Penrod staked reveral claims in that district dis-trict including the Gold Bug round James E Penrod took exception to this move for he had already served notice that it was 11a intention when conven I I I ient to relocate the Gold Bug So after some talk his obliging brother and broth erinlaw said he might have I James relinquishing in consideration any claim I he might have on the rest of the Tennessee Ten-nessee gulch Next year on St Patricks day 1S93 S James snowshoed It over to Tennessee i 1 and relocated the d ldifuiolnT his own S name He did not merely stake It but went to work In earnest to make a mine out of It He sank the old incline several ou feet further that year and took out considerable i con-siderable honeycombed quartz and piled it on tho dump I 1 In 1S94 ho did no work but the next rdb nJ I year he had put In two hard months and I the Incline was down 99 feet when he was inclne I Informed that the property was claimed 1 by S T Earl Mr Earl and his partner Joseph Moran bed been trapping beavers I In that neighborhood and I was said had jumped the claim In Earls name Mr Penrod says he believes he could have held the property as there was no I proof of any stakes but at that Ane It I was thought that the Gold Bug might prove a losing propositiOn A tenfoot vein of talc had come In and cut oft the ledge Samples from this talc assayed 30 but it was deemed too low to pay An average sample from the two foot quartz above from a 200pound lot sent to a Mercur mill gave a value of 3S74 per ton But if the talc had displaced dis-placed the ledge the mine was no big thing even with this showing wih So Penrod and Earl compromised and gave John R Bradley the wealthy cattleman R tleman of Deeth an interest each taking a third Mr Bradley thought there might be sloping ground enough to warrant war-rant the erection of a mill and agreed to erecton agee do so as soon as the ore was on the I dump The three owners each gave up a ninth Interest to M J Fitzgerald to do ten months work on ore the stockman It Is understood backing the miner in his contract con-tract and the two control the property I trct Fitzgerald surveyed the old poorly Fizgerald timbered workings with dismay and con I eluded there was not ten months work on ore ahead He backed his F ilth in the mine by starting a tunnel at his own expense ex-pense to tap the ledge at considerable depth and get In under the talc After a and started another little he gave up strte tunnel to cut under the old workings only 15 feet He expressed the situation I by saying that It was dimcuit lor one man 15 feet but to sink a winze alone even I that he could run a tunnel as far as he pleased This Isnt just the way he ex pressed Ilh but it is this some tunnel I that the plucky miner ha run alone 1S3 feet since the first of last September I and demonstrated that the ledge Is continuous con-tinuous below the tale The formation of course was favorable for the disintegrating disinte-grating granite required little blasting The character of the ore In the tunnel has changed from the hard honeycombed rock above to decomposed quartz There li also a foot and a half of talc on the foot wall that was not found above The ledge Is strong two feet and has every Indication of a true fissure The strike Insures the erection of a mill but I will probably be nearl the first of June before it can be brought in over the road from Elko to STRIKE GETS BIGGER The developments in the Gold Bug this week since the ledge was first cut prove the mine to be far beyond anyones highest expectations People who have visited the mine dee de-e tf A 4 M clare that they can stand In the face of the 12foot drift run north from the tunnel tun-nel and see the free gold In the ledge by candle light lght There is a foot of this high grade decomposed composed ore next to the hanging wall An average sample from this streak was averge brought over to Assayer Thompson He panned It out and sized it up without panne i making a fire assay and said It would run over J3COO a ton Ore and Bullion The ore and bullion receipts yesterday were as follows T R Jones Co bullion 19000 ores 2000 0 McCornlck Co bullion 5 ores 12250 12250Silver Silver and Lead Quotations The silver and lead quotations yesterday follows were as folows Western UnionBar silver 64Hs l cent lead 0 castingcopper 1 cents United Press Bar silver 6fl cents lead 330Q3374 lake copper 1 cepts The Detroit At a special meeting of the board of directors of the Detroit Mining company com-pany yesterday i was decided to begin be-gin work at once on the property In Detroit district and in consequence a force of men will be set to work this week to sink on the ore that is now exposed in the shaft of the Prince of Wales The work of development develop-ment of this property will be pushed as rapidly as possible with a view to obtaining depth and values and from present indications it would seem that the latter would be realized at no distant dis-tant day |