Show ELDORADO CANYON STRIKE searchlight searchlight nev the most wonderful strike made upon any undeveloped ground in the past few months was struck on the mountain group in eldorado canyon a week ago while doing some preparatory work to sinking a working shaft thor the property has just been bonded to E J roberts and C E L gresh who represent a syndicate of eastern capitalists for and a large cash payment was made at the time the bond was signed E P jeanes and W W copp the original owners are at present on the property directing the sacking of the ore the group consists of the mountain peak and the four states before the ink had hardly dried on the bond the men were at work on the mountain claim where the first big strike took place A working shaft was being sunk in the center of the mountain claim where some very rich surface assays essays were found and at a depth of twenty feet the ore turned into a soft spar which was literally covered with free gold the ore runs in porphyry in three different streaks and the center one is about a foot wide and carries these phenomenal values samples brought in by mr gresh more than confirmed the story of the wonderful strike and the bannings pann ings that they gave were the richest seen here in a long time four men are now at work on the property sacking ore which is being kept under lock and key A shipment will be made in a few days and then the value of the new strike will be authenticated by the mill returns at present the ore is free milling but base or concentrating ore may be encountered at any depth the ledge can be traced the entire length of the three claims for a distance of feet and three openings have already been made to cut the ledge each one giving excellent bannings pann ings and all being in the same formation as the ground where the original strike was made upon six hundred feet south of the mountain group where the latest strike took place lies the venus and not to be outdone by their neighbor they opened up a new ore shoot that will evidently prove a bonanza within a short period up to dat date ethe the venus has opened some wonderfully rich ore but the latest strike promises to eclipse all former records in that respect however about feet to the south of the parallel main ledge the new ledge was encountered and the magnitude of the strike can best be judged by the amount of ore now in sight at the bottom of the shaft which is now down thirty feet the average width of the new ledge is about three feet and the average assay runs per ton in gold four inches next to the hanging wall runs into the thousands and is not included in the general assay development work is being pushed forward with all vigor possible and three shifts are now at work upon this property |