| Show A NEW GOLD SILVER ELDORADO IN PROSPECT FOR ARCO IDAHO A new eldorado is about to take its place on the map this recent discovery is only a mile west of arco it contains rich values in gold and silver and returns from a specimen recently sent to assayers shows the formation to contain ounces of gold and 17 ounces of silver with a monetary value at present prices of a ton according to the arco idaho advertiser of recent date the ore was found in a clay and sand formation underneath a layer of gravel over which is a coating of lava it is situated a quarter of a mile west of big lost river near the H M george ranch sam babbitt well known prospector living at moore is the discoverer in relating the incidents leading up to his decision to make an investigation of the place for a placer claim he said that sev several eral years ago when considerable of the lava rock formation was blasted away to permit the building of a new road toward era flat he inspected the formation and saw glistening in the sunlight what appeared to be traces of gold he get the thought of gold in that formation out of his mind so a week or so ago he went back to the place took specimens of three ore bearing formations screened them through a common window screening and sent samples to an assayer A few days ago he received a r report from the company and at once he and wes watson made placer locations since the news has become becom e public a great many additional filings 21 have been made and it is said that more than twenty five locations have been made in the immediate vicinity each location c consists of approximately twenty acres being feet each locator has ten tell days to put up his stakes after the notice has been posted and within thirty lays days the locations must be filed of record and some work done on oil the claims the spot where the rich ore was found has been quite it a magnet the past week and hundreds of people have viewed the five inch vein which the enthusiastic locators believe extensive development of the area as a will eventually mean lode and placer mining field during the past week several mining men have viewed we the spot and they have given credence to the report that the indications point to even gre greater ater values when development work begins |
