Show THE MIDWAY STRIKES THE LEDGE sun tonopah To nev the famous mcdonald ledge or one quite as good has been struck in the midway mine the strike is one of the richest ever made in tonopah and looks like it would be one of the largest the mine now while not as well developed is looked upon as in every respect the equal of the montana tonopah or the tonopah extension in one streak the assays essays from sources that are undoubtedly reliable have been learned to average per ton for four feet in width the greatest kind of a sensation has followed the find the news has sent midway stock skyward and it is rapidly going higher the predictions that it will reach 2 in a day or two seem to be well founded the stock will be as scarce this morning as cherries in kent at the season of christmas the ledge encountered has been cut cui for a distance of nine feet though none of the ore was hoisted assays essays taken as the ore was broken down gives evidence that it ranges in value from 40 to 1600 per ton the company will begin hoisting ore at once for several days whisperings have been going forth and the market has been steadily rising the closing price friday was 60 cents saturday the stock rose to 82 and yesterday it crept up to 96 closing at 90 what the buying price will be tomorrow would be difficult to forecast but it promises to be well above the dollar mark A representative of the sun visited the property last night and was informed by foreman ross condon that the street rumors were not exaggerations the story of the big strike is thus told by mr condon while driving the north drift on the level five days ago we encountered a body of ore that to date we have pierced to a distance of nine feet and are not through gli the quartz yet the rock in the face of the drift still shows excellent values one streak in the ledge is from one to two feet in width and carries 1600 for four feet another portion of the ledge will easily run the balance of the ore body is worth 40 a ton it is probable that we are nearing the other wall but there are chances that there will be another of the rich streaks before getting the country rock tomorrow morning we will begin hoisting and expect to lift about 25 tons of the best ore the temporary ore house is completed and we will at once begin sacking and shipping by sloping after the wall is reached we will have a steady output the ore is an exact fac simile of one of the montana tonopah ledges and it ft is undoubtedly an extension the ores are as in the mizpah but are in the form of unadulterated sulphides sulp hides the wall is an andesite ande cite porphyry the ledge is an east and west one and dips to the north |