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Show T0 THINKERS One of the directors ami original orig-inal Incorporators nnd owners of the Silver King mine, referred to above. Is W. V. RICE of Salt Iake City. The Silver King has paid during a period of less than eljrbt years, dividends In excess of ten million dollars. It Is now paying dividends at the rate of $1,800,000 per ear. The Silver King Is the greatest known silver-lead mine in the world The Daly-West, also referred to In the foregoing, is n combination combi-nation of properties that were merged five years ago One of these, known as the Qulncy mine, at the time of the merger, had produced $2,000,000 worth of ore In a period of fifteen months, and has paid dividends of Jl,. 3"f.iW. JAMES FARRELT, was the principal owner of the Qulncy, and he Is now part owner of the Daly-West. Tho consulting engineer of W. V. RK'E, JAMES FARREI.L and associates. Is J. H. Shoekley. Mr. Shoekley Is a mining engineer engi-neer of twenty years' study, research re-search and practical experience in mining in all Its phases. For upwards of a year Mining Engineer Shoekley had been en-gnKi'd en-gnKi'd In the Inspection of "prospects" In a dozen States nnd bad turned them down as liber unworthy or not immediately immedi-ately promising, when he camo into Southern Nevada In January Janu-ary of this year. After four months of observation and examination ex-amination of the properties In the Tonopah. Goldfield and Hull-frog Hull-frog districts, he enthusiastically advised the purchase of the Eiiult.tbl" group of claims, the Morris and Phillips group, and the Ugly Duckling and Comet Com-et claims, aggregating 135 acres, nnd situated on Bonanza Moun tain in the center of the Bullfrog district. James Farrel at one? went to Bullfrog, examined the proportion, and purchased them In the Interests of himself W. V. Rico and their partners A company called the Gibraltar Mines Syndicate has been Incorporated Incor-porated to operate them W. V. Rice Is president and James Parrel! Is a director of the new corporation. J. II. Shockley's report on the property of the Gibraltar Mines Syndicate Is. In part, as follows: "On the Equitable group there nre at least fle distinct gold-bearing gold-bearing veins. Judging from what Is in sight It Is safe to say that they vary from two to forty feet in width. Average samples taken from the exposures expo-sures on the different veins show from fourteen to thirty-six dollars dol-lars per ton. Of eourse selected nre can be had Whlcb runs much higher. These veins belong to the same fissure zone as those of the Tramp, Eclipse and Denver series on adjoining properties, and can be traced on the surface for nearly three-quarters of a mile, and wherever opened will pan and show good values In gold. "I have no hesitancy In saying that the property possesses far greater inducements as a mining Investment than ordinarily offered, of-fered, and the chances are more than favorable that It will mak a mine, it Is with full confidence confi-dence the above statement la made; and It Is with high satisfaction, satis-faction, after many months of "travel through the mining regions re-gions of the West and the expenditure ex-penditure of much money without with-out recommending one solitary mining Investment, to be enabled nt last to feel Justified In wilting a favorable report. '"In an experience of twenty years active mining throughout the West, no series of gold veins have come under the observation of the writer, which had better showings with like development and like area." |
