Salt Lake Tribune | 1906-08-28 | Page 6 | Big Silver Strike

Ii BIG- SILVER STRIKE, i I Petosi Mine Shows Up Some Remarks J ably Rich Silver Ore. News of great interest to Salt Lakers I having properties in tho Good Springs district has been received hero to the effect that tho Petosi management rc- cently broke through what had been con- sidered the footwnll, and had oncoun- I . tered thoroby oro that will contain any- i where from 300 to 400 ounces silver, i This strike is considered ono of the most j significant of the year in Good Springs j for even this great property, and tho effect will be to stimulato development on all sides in this camp. , Tho Petosi Is ono of the most intcrost- . ing mines of Nevada, being ono of tho i most faithful contrlbtuors of ores to tho markets, and every effort Is being made ( to increase the present consignments, j This company has been marketing about i, sixty tons of first-class oro each day, and 1 efforts are now being made to raise this ' tonnage to 100 a day. Tho acquisition , of additional teams will make this ton- '! j nage possible. Tho Petosi is sending in some remarkably rich lead ore, and is ! J successfully combatting the theory 1 which is to the effect that Good Springs 1 Is strictly a low-grade proposition, j Those who are familiar with Good Springs and its ores are positive in their j statements that tho district Is capablo j of producing a large tounago of rich shipping oro In addition to Its enormous It resources of a milling grade. The re- j markablo progress made in opening up ! ' the Petosi property shows eloquently tho j! character of somo of the ores of tho 1 district, and tho latest strike is still j more convincing. There is every reason Ii j,' to expect for tho Good Springs camp 1 j" during tho coming winter a season of i j great prosperity.