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Show RICH Mill BEBIOF WJSIISMILROUD Well-known Financiers Buy Properties in Spring Valley. Large Areas of Fertile Farm Land Will Also Be Benefited, Numerous properties In Spring Valley, Nevada, a region which has been pronounced pro-nounced one of the most hlshly mineralised mineral-ised sections in the country, with the increased in-creased price of silver only await the building' of a railroad thirty-two miles long1 to bogin a period of activity during-1 which millions promise to be produced, eay H. L. Parker and T. F. O'Brien. Mr. Purker is superintendent of the Muncy i Creek properties in this district and Mr. O'Brien is associated with Mr. Parker in the engineering work. Both expect to return re-turn to Nevada tomorrow. "The prospect of tiie railroad being built in tho near future is favorable," says Mr. O'Brien. Itirge mine operators are taking tak-ing an active Interest in the building of the road and are investing1 heavily in the valley. Samuel la.arus of SL .Louis and associates are understood to contemplate the construction of a railroad down Spring Valley from Gold Hill, Nevada, on the Western Pacific. This road will not only tap twenty mines which are now for the most part idle and whose large tonnage can be worked at a great profit with proper transportation facilities, but will open up a rich farming country and provide pro-vide transportation for the large number of cattle and sheep which are raised in this valley. Thousands of acres of fertile land, for which tht-re is plenty of water, could he farmed and large crops of hay, grain and othur products raised." Wingfield Buys Property. George YVingfield and associates, according ac-cording to J. V,. Crosby, ho is with Mr. O'Brien and "Mr. Parker in Die development develop-ment of the Muncy Creek properties, have purchased th-j Piermont property which lit-s ju-t snith of the first named mines. The Piennont mine is mainly a silver producing property and in the past lias produced SUkvjMO. A crew has been put to work on this mine, and operations are beTng resumed. The Silver Standard, a promising property, prop-erty, according to Mr. O'Prien, has been taken over bv "U'illard Scxwcrxft, of Og-dcii. Og-dcii. Ix'rln Hall and associates. The Sltgel mine, which lies nine miles north of the Muncv Creek company's on the Nevada-Norinern, has been purchase! pur-chase! by Mr. Lazarus and a largo crew is working steadily. It is said that more than a thousand tons o:" ore. whieh runs from 4't to jau ounces ol Mivcr, have bet-n j Fhipped recently from this mine. Five trucks are hauling orn to the sidinc Besides Be-sides the S ici: el mine, Mr. Jizarus has taken over tiie May Queen and Burke properties. Tho Bu''ky Deposit, a property in this district. It is plated, h'!s blocked out i"m tons of primary sulphide or-s averaging averag-ing fhe per cent "copper and five ounces in silver. In the l.tst crosscut that has been made on tiie lowest le el bus born encountered an oi e shoot through which the cut has been drica thirty-nine f'--t i and is tlll in ore. Thero are 2u0 f.-oi of ore nil the dip. which runs ,.e0 tons to the foot, which gives a tot;il of l-neO tous oi ore blocked out, Rays Mr. Brieu. Muncy Creek Developments. The Muney Crek properties, which eon-("Wt eon-("Wt of a group of twenty-tour claims, practically adjoin the I.ucky l--posit and the Mei'el mite s on the s-aith and lie in the same mineral b M. Tiie Mun -y Creek property lias the :uh;m!.uv of the lower and upper contact of poi phyrie.s. Main deposits hae been opt-tied now on t:ie contact netwe.n iae inon.onne hmu me iirne. The ore f- a replacement in the lime. "The main efforts uf tiie company.' favw Mr. o'Hrien, "have been made on the Grand lcp"it claim. A i-diaft has been sunk C" feet and tho ore developed feet on the dip. This particular ore shoot Is ninety t in length and I hirt -se en : Ut in width, malting a deposit of :a.n(nj tons with an average of five per cent cop-per cop-per and eight ounces of silver. Thi-i claim is O'p'lpped with a hoist and other ma- chinery sufficient in take out lea tons of ore a day and by Increasing the equipment equip-ment the daily output could bo increased to l"i'0 tons. "Tills contact has been traced for u mile and a number of known ore shoots ciual to, or better than, in value the one on tiie Grand Hepoxit have been discovered. Tne porphvrv belt of tiie moiizonite has a width" o'f from :.'i0 to fiOO fort. A shaft sunk Hivtv feet in thin belt off the contact gae an average of four per cent copper iiinl four ounces of .'diver. Iron Dikes Crop Out. "Thn Iron dikes that crop o.it on tho Kansas claim of this group are Impregnated Impreg-nated with copper. The iron dike on the Kansas claim cuts the porphyry at right angles and has il width of from fifteen to twentv feet, tracinhie along the surln.v for :;oo feel until it disappears under t he lime Aii Inclined shaft of seventeen de grees has been sunk fifty feet a nd samples sam-ples taken from tiie lace of this shaft show im average of 7 per cent copper and lour l onm ea of silver. "Following jilomt tho contact on thn KansiiM between the lme nnd mnn.nnlte are at bust four known ore shoots which Imvo been flight ly developed. Samples taken from these shoots give an average of five per cent copper and from five to ten ounces tn silver. A carload of assorted ore shipped as a trial test gave lotuins of twelve per cent copper and twelve ounces of silver. "(in t lie AmanrosA and Seventy -Six rlatins of thn Muncy Creek nn ore shoot' has been encountered In lime at a depth of 1 TJ feet which dips to Ibe upper belt of poi phyrv. Ue urns t rom panipllngs from this shool show sixty per cent lead, eh-hlecn and one-half ounces In slher and 1 1 per cent copper. Other Mines Await Road. "V.- I !. Pen ner a nd a ssocla t es ha vn a promifdmj properly .oiuing tin Slegel on thn north, From a geoloKh-al standpoint, tho I 'en nor and company property should develop into as valuable- a producer as the Siecel. "U'p'it.nf tho Money Creek mines -i tho ground of the Huali and Columbia proper-t proper-t les. This mine is most I v a lea d -silver proposition. About lh)u (mm of hb:h Ki'ade If nd - silver oi e, running as high as hat ounces of nilvrr to tho ton, have been KlltPPed. "The Kolcbeck property which lie flf-loe-i miles south of the Muncy ('reek mines frtves promise of developing into a valuable gold-silver producer." Necessary .surveys and estimates of the cost of constructing the road have been made. Mr. Parker and Mr. O'Brien are collecting data concerning the agricultural and mineral resources of this district to present to those -who are considering the financing of the road. It is their opinion that with the building of the road all ore on the properties which they are developing develop-ing which exceeds $10 in value could be mined at a. profit. All ores on the Muncy Creek property, it is said. would be shipped to Utah smelters for treatment. With the bull.llng of the railroad, on the east side the following mines would operate: oper-ate: The Red Hills, the White Cloud, the Allen, the Four Mile and Kight Mile. All of these mines are lead-silver propositions which would produce a steady tonnage. |
