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Show PLH REOPENING BEOTPIflE Recent Development Work Opens Up Large Bodies of High Grade Ore. Advices recently received in Pioche indicate that strong financial interests in the east may take over the Atlanta Iiomo Gold Mining company property, which lies arjont forty-five miles northerly north-erly from Pioche. Since the advent of the world war the Atlanta-mine has bron idle,, but, inspired in-spired by the high price of silver, the owner's, according to the Pioche Record, Rec-ord, havo been endeavoring to raise capital to place their property on the active list. The ore carries a substantial average in silver value besides its gold value. Two crosscuts on the 400-1'oot level of tho main shaft average five ouiucs in silver over a width of thirty feet in the main or.c dike, which, with the average av-erage gold value of $5 per ton; makes a parable milling ore, even at the present pres-ent high value basis of Jtihor and supplies. sup-plies. The mine, which is owned by tho Aflsnfa Hnmn Cold Miiiincr coninanv, lias had an interesting history. As far back as lt7u mining was quite active in this district, in Silver Park and on t he Bradshaw mountain to the south. Ore was mined so rich that it was Shipped to 9wansea, Wales, even then netting a handsome return. No one ever thought of gold in those days and when the price of silver dropped all mining ceased in the district, and it was early in 1908 before any real interest was again taken in this section; it being in that vear thnt an old prospector named George Latimer struck the camp. Becoming Be-coming interested in the speeinien gold ore picked up below the main erop-pings. erop-pings. he bought the principal location for 2000, and with another prospector sank the first 'shaft below tho main croppings. This shaft was sunk to a depth of about forty feet and at twenty fcet in depth a crosscut was run into tho main croppings a distance of nineteen feet. These workings were carefully sampled and panned bv George Latimer and the total rock removed from the shaft and crosscut averaged better than $6.50 iii gold, with 1.5 ounces silver to the ton, assays from the shaft bottom going go-ing better than $15 in gold. What little capital they had having given out, tliev optioned their property to the Pioche assay office, which firm later interacted Los Angeles x mining men, which result d in the proierty being sold for $60,000. Aotive and continuous development work has Miice been done on the property, prop-erty, two shafts being sunk and much drifting r.nd crosscutting proving an immense body of low grade ore to exist. |