Show LOWER TONOPAH the nevada real E state estate and mining exchange today made the final arrangements for the purchase of the lone pine mining claim this claim added to their other lower tonopah property will be the largest and best gold proposition this side of the sierras Sl erras the group of claims now in the hands of the exchange consists of four teen all free milling together with two 0 mill sites and water power robetter no better property can be found in this or any other state with all the natural advantages of the surroundings the ore can be blasted and handled cheaply the owens river is s one of the largest streams in this intermountain region it carries even more water than the truckee river it is the only big stream that keeps up its flow summer and winter owens river feeds the lake by that name the owens river will furnish power enough to run a four hundred stamp mill the year around either direct or by electricity tri city but for fear of a shortage judge shutter cottrell has located lone pine creek for power purposes it flows through his group of lower tonopah claims judge cottrell has figured with some of them the greatest mill men and engineers in the west and they all say that with the latest improved machinery the ore can be worked for 80 cents per ton and even cheaper all the machinery necessary can be laid down at the mine with very little handling the climate is such that the property can be worked all the year the farmers of owens river valley grow glow everything that man and beast require and provisions of all kinds can be purchased cheaply in fact no hardships of any kind need to be encountered by the mine owner or prospector in going to or coming from the lower tonopah group in lone pine district the property just purchaser purchased seu by the nevada real estate and mining exchange is one that should be seen for seeing is believing the ledge is eight feet wide with many stringers running into the mother lode judge shutter cottrell estimates the whole ore body to go from 15 to 20 per ton and the gazette thinks from what as says he has had made it will surely go beyond that figure the gazette will be very much surprised if the lower tonopah group does not startle the mining world before many moons many people are going there nearly every day judge cottrell has had several offers from local capital to furnish all the money needed for development work he has thus far refused all the offers on the theory that the lode is there and that the examination as to its extent and value proves to him that it is much more than a low grade proposition and he does not know why he should give it all away when it will pay for its own development from the grass roots the lode is encased in lime and granite walls gazette reno nev |