Show development speeds nevada mining minin BY AL H MARTIN control of the stonewall silver mining company owning six claims and a fraction in the stonewall district fourteen miles south of goldfield has passed to the yellow tiger company of goldfield the corporation has also purchased outright the ster lag group of six claims adjoining the stonewall group the properties are located on the slope of stonewall mountain on one of the most persistent fissure veins in southern nevada approximately three miles from the tonopah tidewater railroad the stonewall group has been developed to a depth of feet and contains reserves valued at fully silver predominates with some gold present the yellow tiger company has arranged to drive a foot working tunnel with the purpose of striking the stonewall ledge at a vertical depth of 1200 feet the tunnel is calculated to intersect two strong veins on the group a comparatively short distance from the portal and drifts will be thrown out at intervals to thoroughly prospect the territory an oil driven compressor has been purchased and establishment of a camp begun and general manager gordon M bottles bettles expects to start driving of the tunnel early in april operations on the yellow tiger group have been temporarily discontinued the crackerjack the crackerjack company has acquired all the territory formerly controlled by the florence divide lease on the florence gold field mine and is concentrating developments in this territory and on the foot workings of the little florence area where a new shoot of high grade ore has been exposed reserves of shipping ore are being steadily increased and steady shipments of mill ore will be made to the development mill as soon as the plant goes into commission goldfield development is centering work on the riley area of the florence held under a five year lease shipping and mill ore is being opened and conditions are stated to be highly satisfactory because of unfavorable financial and stock market conditions the management recently decided to levy a three cent assessment to finance enlargement of the mill and more comprehensive mine development and to withhold sales of 0 treasury stock until the market situation becomes more favorable the southwest comstock the southwest comstock extension company has purchased a 25 horsepower fairbanks morse electric hoist and Is arranging to sink the shaft to a vertical depth of feet this will give a total working depth of feet as the shaft is being sunk from a crosscut tunnel which has cut four strong ledges the east drift from the shaft at an approximate depth of feet from surface has advanced fifty feet and has cut another shoot of silver ore sampling around per ton the first shoot opened by the drift for several feet has an average width of two feet and samples to per ton the west drift has been driven feet in shipping ore and the bottom of the shaft is in material of like character the shaft at greater depth is expected to intersect the junction of a series of ore shoots and work at this point is to be rushed with utmost speed manager thurman G roberts expects to start shipments to custom smelters shelters sm elters within thirty days the property shows every indication of containing the extension of the comstock veins and its remarkable development has brought a new and highly promising district seven miles southwest of virginia city prominently before the mining world head offices are at carson city with P J mcgrath secretary nevada protective the nevada protective mining investment co E R argersinger general manager is installing a 30 horsepower electric hoist and foot compressor and is sinking a shaft on its holdings adjoining the southwest comstock extension on the south ore assaying 20 to per ton has been exposed with the shaft down seventy feet present plans include sinking of the shaft to an approximate depth of feet driving of the main tunnel at the comstock superior continues to make good progress with the object of opening the numerous veins demonstrated in the adjoining southwest comstock extension group near the tunnel portal a ledge ten feet wide has been exposed that samples 18 to 40 per ton the tunnel is showing material carrying silver chlorides and appears to be close to the first of a series of veins known to traverse the territory austin birch creek late developments in the austin birch creek field encourages the widespread belief that this district will be one of the greatest silver gold producers in america before another year ends numerous discoveries co veries of 0 high grade ore have been reported in the past month and development of huge deposits of milling ore is in progress at several properties the nevada birch creek co is sacking high grade gold ore and developing an ore body said to show a width of eighty feet in the upper tunnel workings A raise is advancing from the lower level to tap the ore body and driving of both tunnels con finues to be vigorously pressed the huge ore body contains shoots of sensationally rich ore recent assays essays running over per ton cahill lode mining co the cahill lode mining co owning the north and south extensions of the cahill lode the vein system under development in the nevada birch creek has carried the shaft to a depth of seventy five feet on the south extension group and is expected to intersect the giant ore body within a few feet the vein is overlaid by a prock caprock ca and extends for approximately feet through the holdings of the cahill lode company this property is under the personal management of john H cahill discoverer of the district and president of the cahill lode mining company austin dakota the austin dakota has opened a large vein of shipping ore on the foot level and is installing a new engine and blower the crosscut from the is advancing to reach the baker and dalton veins and appears near the objectives high grade ore has been opened in the jackpot mine of the austin manhattan company and shipping on a large scale will commence as soon as the roads are in shape for heavy freighting rich discoveries are also reported from the warner amador allador canyon arid and other properties austin nevada cons new capital is being interested in the austin nevada consolidated and this property is expected to take its place among the premier silver gold producers of nevada within a few months both the richardson and hiawatha tunnels are in ia rich ore with large deposits of shipping material exposed in the lateral workings approximately seventy five veins have teen been opened in this property or traced into its holdings the group adjoins the austin manhattan which has produced in excess of in the past month several important ore discoveries have been announced froni from the reservation rand divide sunshine mai DWI hattan tonopah To national and other dis tracts |