OCR Text |
Show GOOD SHOWING IN MANY NEVADA CAMPS One of the best evidences of returning return-ing prosperity In the state of Nevada, and one that'ls having a telling effect, Is the great Influx of people Investors Inves-tors and prospectors to . tho - new camps of Pioneer and Lucky Boy," said J. E. Pelton to a Lovelock Review representative. '"If anyone thinks the state Is a 'dead one' all they have to do Is to visit these camps for a day or so and they will be convinced of my assertion. It is remarkable the attention atten-tion these two camps In particular are receiving. The tim,e will soon come when all the avuilable territory will have been taken up and the 'result will be that the ovcrllow will be seeking seek-ing other new ficldsiln the state which offer just as good opportunities. The state has withstood the long drawn out panic nobly and I believe we are now on the verge of better times." Mr. Pelton, who Is interested In the National and Rawhide districts, as well as the Seven Troughs, had just returned from the latter, where he has been looking over his property, the Yankee Boy group. He stated that the tunnel had been drhen in for a dis tance of -100 feet and that altogether the property looked very promising. In driving the tunnel several blind ledges have been cut and a number of them are productive of very encouraging en-couraging values. It will require considerable con-siderable more tunnelling before tho main ledge of the property Is reached, but when this is accomplished something some-thing good Is expected. When the main ledge is tapped it Is intended to not only commence prospecting at the point, but drifts will be run on several of the largo ledges cut In the tunnel. Mr. Pelton said that while It, Is true the Seven Troughs district was a little quiet Just now, it was his firm belief that sooner or later it would be one of the busiest and best In the state. In speaking of Rawhide, where he is operating the Rawhide Royal Mines company's property, Mr. Pelton said that that camp, as well as others throughout the state, was very quiet, but that its future outlook was very bright. "We have three mills In active commission com-mission at present," he continued, "and the fourth ono Is building. Tho newest ono to enter the field Is known as the King Ileisner process and the promoters announco that they will be able to treat ore for $1.50 per ton. If this Is true it will ho a great thing for Rawhide as there Is an abundance of ore already In HlgM that will net a handsome profit If It la treated at this figure. The machinery for tho new piant is lKdng hauled In now and It will not be many weeks before the new mill will be running staedlly." |