| Show GROUND IS TOO SPOTTED Values in the Sands of the Valley Not Uniform PROSPECTORS DISCOURAGED MANY OF THEM RATE CEASED THEIR SEARCH FOR GOLD liil of the Stockholders of the Lucky Bill Mining Company A era iu Demonstrated Paid Their Thirteenth Assessment Mercu AVI11 Pay Its Usual Dividend on the Twentieth Day of the Month Splendid Reports Received Froi the Properties Heavy Macliiner For the Sunshine Received Yesterday Yes-terday Mill to Be Complete IVithin Three AVeeUs eneral Mining News I took just a week of good hard work to demonstrate that while the sands of this valley contain gold inconsiderable In-considerable quantities the precIous metal Is so scattered that its recovery will hardly prove a paying investment invest-ment This does not mean however that the gentlemen who have been devoting de-voting the greater portion of their time to the search for the valuable deposits during the past week or ten days have entirely given up for parties par-ties of them go out daily and return laden with samples of the sand ob tamed from almost every part of the I valley Some of these samples run pretty well up in gold while the great majority show only a trace The deposits de-posits are spotted From one hole samples were obtained that < vent as high as 515 while others from the immediate im-mediate vicinity and some from the same hole failed to show a color or give a return when subjected to the fire tests There is something very peculiar with these deposits of gold bearing sands and the operations to date have shown clearly that most of the gold is not free and that which does show up under the washings is extremely fine Just such gold as maybe may-be obtained with a pan in any of the canyons of this section The excitement excite-ment which was rife at the commencement commence-ment of the week by reason of these discoveries has been very materially decreased As a matter of fact it has practically subsided Speaking yesterday of the work that has already been done one of the mos J0st prominent of the operators stated that his syndicate has not given up all hopes yet but on the contrary in tends to go ahead with the prospecting for the purpose of locating the permanent per-manent deposits of gold bearing sands if possible The syndicate holds options op-tions on a large number of acres along the river and it is proposed to improve the opportunity while the contracts hold good Among the sand are found pieces of white quartz and also granite I particles plainly indicating that it Is washed from the Cottonwood country |
