Show NEVADA winnemucca silver state it is rumored in town today that the pine forest mine near denio of which mr ashdown is the superintendent will pay a dividend in january the property is making a fine showing and is bel being g ably managed searchlight searchlight W L colton acting for the searchlight gold copper company has put four men to work on the companas comp anys property at black mountain eight miles east of town according to mr colton a foot shaft is to be sunk eureka sentinel frank quinn and charles allen alien of eureka recently shipped to the selby smelting smelling Sm elting company sixty odd tons of ore taken from the One onton mine at a depth of about feet this mine is located in mill canyon about ten miles northeast of cortez in eureka county and is one of the john irwin group of six mines which are owned by duncan falconer and frank quinn mr allen alien some time ago leased the falconer interest and he and mr quinn are working the property they already have quite a body of ore carrying silver lead and a little gold and there is every indication of the One onton developing into a big paying proposition ely news R J davidson of bath N Y and chas S lattin of elmira N Y officers of the mining electric company of this place and representatives of the syndicate committe recently formed in the east to raise sufficient money to pay off the debts of the company left here tuesday morning for their respect ives homes via reno salt lake city and oregon after having distributed sufficient christmas checks to pay up in full all the indebtedness of the company here As to the future operations of the company the gentlemen informed us that beyond making arrangements for a thorough experimental test of the ores and the adaptability of the plant for their economical treatment no definite course at this time has been outlined and that operations would depend upon the result in this tests yerington times ernest lane formerly here with the boston nevada copper company but now superintendent the shawmut nevada G S M co of fay nov nev was an arrival here monday the company he now represents is composed of some well known mining men and men of means with G P smith as president M W seymour sec secretary y and H H hunt treasurer this company is thinking of taking hold of the old boston nevada copper property here and mr lane was here to sample the property and have the assessment work done on the seventeen claims the company has a new leaching process by which it believes the low grade ores of this section can be treated profitably and mr smith of the company expects to visit this see section tion next february and investigate the property should the company conclude to do business here it will be on no small smal 1 scale and only after li it has been demonstrated that the project can be carried to successful termination there certainly is plenty of low grade ore in the Dro property perty and the only question will ile he whether or not it is too low to be handled at a profit it is to be hoped that it is not 1 |