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Show FINE BESULTS SO FAR. Gold Butte Company Encounters Bich Ore. Tho Goldfield Sun has tho following account ac-count of tho recent Btrlko on the Gold Butte property, located a fow mllos from there. This company was organized In Salt Lako City, many of tho principal stockholders residing there: Tho Gold Butte, Nevada, district has recorded Its first big strlko, Tho tunnel now being driven to devolop the property prop-erty of the Gold Butte mlno haw cut the Nevada assure, one of tho six which crop at the surface, at a dlstanco In of fl feet, Tho management had not anticipated antici-pated at tho start that this flsauro would provo of any great Importance, but It appears from what Superintendent J. F. GiubB admits thore has been a gcnulno surprise sprung; that tho fissure haB widened to between eight and ten feet, that tho whole mass pans well and all through it particles of gold aro vlslblo without tho aid of a glass. After passing through the Nevada flssuro several feet another small one wib cut which appears ap-pears to carry good values In gold. Owned by Salt Lakers. Tho Gold Butte company Is composed of woll-known Salt Lako citizens and Is tho result of grubstaking Mr. Glbbs and sending him out on a prospecting trip a little more than a year ago. Aftor weeks of hard work In the hills, tho party landed land-ed at Granite mountain and horo woro found somo pronounced cropplngs of quartz ledges. He located nlno full lode claims and two placers, also a spring which contains con-tains a never falling supply of water. Several members of tho syndicate Investigated Investi-gated tho ground and also cent a woll-known woll-known engineer to the scono to pass on tho property before going to tho expense of incorporating a company. Every ono camo back with a good report, so In November No-vember last an organization was effected ef-fected and a fow days beforo the close of 1905 development was Inaugurated. Earmarks of Big Mine. Tho Gold Butte bears the earmarks of a big mlno and mining men who havo been there count on the Gold Butte district dis-trict becoming ono of tho largest producers pro-ducers of gold In Nevada. |