Show RED TOP AND FLORENCE NEWS GOLDFIELD NEV A familiar aphorism states that good things never come singly and if it were ever applicable it was never more so than in its bearing on the succession of rich strikes made during the past six weeks in that snug little acreage owned by tha red top mining company adjoining the jumbo estate find after find of high grade has been made in the red top mine within the period stated and from present indications the heralding heral ging of similar glad tidings is to continue indefinitely yesterday that point of prolific gold returns the 50 foot level gave further evidence of the inexhaustibility of its treasure by revealing eighteen inches of ore having an average value of over to the ton the deposit being contained in a nine foot vein of shipping grade the strike was made at a point well in on the shoot encountered at a distance of 75 feet from the shaft and appears to prove that there is a continuous ore shoot along the drift for a length of feet the premise is based upon the assumption that the shoot being worked at the foot level extends upward to the 50 foot point and the deduction seems to be reasonably assured by the mineral indications today an another other find was announced the foot level being the point where a new ore shoot is disclosed it is probably however that it is a continuation of the shoot at the foot point as the miners working there can hear the men at work below the vein acting somewhat as a telephone in transmitting the sound taking into consideration the fact that values as high as per ton are secured in the former and that values at the latter point average better than per ton the red tops underground telephone system is probably one of the most valuable in the world A good bit of sulphide is showing in the rock but as yet development has not been carried out sufficiently to demonstrate how strongly that characteristic will prevail or how extensive the deposit will be not content with the foregoing good news the ahe management announces that a contract was closed yesterday for the milling of 1000 tons of ore at a local plant before january 25 and as much tonnage in excess of that amount as the stamps can handle As the rock contains gold values of better than per ton this means that the red top will have cash on hand in excess of on that date as the result of that consignment alone the production is the direct outcome of development work and was mined without recourse to sloping ore valued at more than is in sight in the workings at this time and it is the purpose to mine and ship a ton jagd nage of valuation within three months the lower levels are piled high with the broken down product and the ground in the vicinity of the dump and snafu house is encumbered with better than sacks of the gold laden rock eighty three tons of high grade ore from the florence mine went out yesterday to the smelters shelters sm elters at denver A portion of the tonnage came from the recent valuable finds in the and foot levels and is estimated to be worth about per ton this estimate is unofficial however and was not furnished by the florence management further development of the ore body in the and foot levels tends to strengthen the conviction that the shoot is continuous between those two points and as the foot level is extended toward the old reilly shaft the direction in which the recent high grade finds were made mineral conditions indicate that the same shoot will be encountered there before long exploration with the same deduction in mind is being prosecuted at the foot point and if there abdat and at the foot level ground will be available from the the first mentioned point to surface the 21 foot vein opened last week in the foot level is holding its values well and shows a decided inclination to become more prolific in high grade all ore coming from the property is mined during the ordinary course of development and a generous reserve is at all times left standing in the workings that unvarying producer of high grade gold values the combination mine is maintaining a steady output of about 1000 tons per month as the result of development work alone and ana at no time is the volume of tonnage permitted to infringe on the ore reserve or to interfere with the opening up of new ground last week tons of ore having a tonnage value of were mined and treated at the companas comp anys mill the entire product from the mine is crushed at the plant at the property and the management is for the statement that results are more satisfactory than when the output was sent abroad the new electric hoist is being set up and will be in operation some time next week |