Show 0 VENTURE GOLD MINING CO the venture gold mining company of salt lake is meeting with encouraging success in the financing of its mining proposition and will soon be in shape so that it can begin active work in the development of its promising property and C C higgins the manager for the company is now at goldfield waiting for the word to put on a force of men preparatory to an extended siege of exploratory and permanent work the property of the company is located at wild rose spring in the kaich range and has as neighbors some mines which give promise of developing into bonanza propositions A well wel mining man in commenting on the venture said the camp was established established march an and 2nd d on the ath gold was found in the pan on what is now the venture claims and work of making surface crosscuts cross cuts on the vein from which it came was at once commenced other claims seven in all were located in a compact body and this is the group now so well known as the venture property further investigation showed that the ground contained a very labyrinth of veins crossing each other at almost every angle these veins show a width of from a foot to sixteen f feet and in almost every instance when they have been stripped encouraging cou raging values in free gold have been obtained it was also found that the series of low hills contained in the property were covered with float some of great richness As an illustration of the manner in which rich discoveries are sometimes made the following instance is given mr C C hit hi gins the man in charge of the work while returning to camp one day from the point where the first discovery was made picked up a large piece of float which had a lively appearance this he took to camp but bt other matters requiring immediate attention he laid it aside and had almost forgotten it but several days after he p picked aked it up broke off a piece mortared and pounded it and was rewarded with a string of gold that would excite the most pessimistic expert he went at once to the point where the quartz was obtained found float of like character in profusion ani in two or three days traced graced it to the ledge from which it came A sample of this ore was selected and sent to goldfield for assay this sample gave returns of 1903 ounces gold 15 ounces silver a total value of per ton it was found that while the entire vein carried values the richest ore was contained in the strata on the foot walls stained black by manganese from the strata almost fabulous bannings bannin pann ings s have been obtained A ten foot shaft was sunk on the vein at this point and it was found that there was a marked increase in both the size of the vein and the average values |