Salt Lake Tribune | 1905-03-18 | Page 6 | Olinghouse Discovery

I DISCOVERY. Finder Took Out $25,000 in a Single Day's Development. Tho Journal of Reno, Nov., quoting arrivals ar-rivals from Ollnghousc, In which a most Bcnsallonal discovery was roccntly mado on tho Dlspensa group, says It Is not only holding out, but Is gottlng bettor, Tho rich streak has now widened out to thirty inches of oro that assays from $25,000 to $30,000 per ton. whllo tho ledge, which 13 eight feet wide, shows from $50J to $700 per ton. J D. Poole, who has been inspecting in-specting tho dlscovory at Ollnghousc, Is quoted as saying: 'Tho $700 rpek Is now being thrown over . tho dump. Yesterday Mr. Ingalls extracted ex-tracted $25,000 worth of oro and will tako out that much or more from now on. Five men are now employed on tho property, prop-erty, though tho liolo Is only seven feet or more In depth. It is the richest striko In the history of Nevada, not oven barring bar-ring tho famous finds in the southern country or tho Comstock I found the Ill-fit specimen gold in tho district, havo worked thero for years and can tell vox. that this Is no 'kidney' llnd, but a discovery dis-covery that la permanent. The find Is situated In tho center of a lead three hundred hun-dred feet in width. This lend extends for a dlstanco of flvo miles and colors can bo found any placo along tho entire distance. Several strikes havo been mado In tho vicinity of tho Dlspensa. Nenrlv all tho rock assays over $1000 to tho ton." John Hayes Hammond, tho noted mining min-ing export, on his way to Tonopah, was given a plcco of the Dlspensa oro a few days ago. Ho Immediately pronounced It rich, and stated that ho intends to visit the district or send a representative within with-in tho next few days.