The San Francisco Call. Newspaper, May 23, 1905, Page 22

THE SAN FRANCISCO CALL, TUESDAY | MAY 23, 190 \ E AT FROG ECLIPSE DENPZER < Cco. GRoOLP PEZRIEST CREr S b Al OF THE PROMIGING CAMP AT BULLEAD PONTCOMERY | SHOZ w:w};vs co. [ 2 £422 & DEN TN LYONE = Az Berea3 7 LA RG ~ ABUNDANC OF READY GOLD)]| Macoovao DISTAICT NOW S ADVANCING WITH SPEE BOARD MAKES (00D REPORT Stockholders Are Informed | That Their Property Is| New Discoveries Show That | CIPIAE . 5 T Confidence Is Based On|[AND HOLDINGS LARGE Solid Basis of Merits Lomos e et Many Lots Are Seld and in D DISTRICT IN GOLDRE Prospect Is a Townsite| ; % i Soo to Be Developed Townsite, Water and Ice| “°°0 10 }.7 Develoy i Company Receives—Facts of ctors of the Bull- 0 1 te, Water and Ice Company | From Board ade the following report to of Directors. |f . BY S. A. KNAPP. company the Bullfrog s own ces one hundred immediately of land 1 water ri th of the Amargosa River es from your and right of w K X cen the springs and the | w " ows Bullfrog; eleven and seven | \ . les of nine, seven and six inch | I e, and a three-story | r and ten in | now a population of ople, with a daily | | { | | | | ly situated. It lies Immediately be- tween Ladd Mountain on the east and Bonanza Mountain on the west, On these mountains are situated the prin- cipal mines of the district. Were your town situated farther up the gulch be- tween these mountains it would be im- possible’ to bring any water to it by ity. It is at the junction of the sent wagon roads from Tonopah, field and Las Vegas. It is the highest point on the moun- ain side that can possibly be reached by the railroad that is to be immedi- ¢ constructed to the district by Mr. famil known as “Borax 5 Mr. n, representing Mr. Smith, has just selected several acres below tlie town for railroad depot and yards. It is the only point where ample and con >dious corral grounds for the numerous teams now hauling ore and material can be obtained. Your springs and water supply con- sist of several large geyser springs. flowing out of solid granite on the top of a flat mountain at an altitude of 71 feet above the highest point of the rgosa River. Only two of these rings have so far been developed. as orc than sufficient for present use. These two springs are now flowing 500,000 lons of water daily. The v springs will eastly supply an 1 amount of water. These Springs 6 feet higher than the townsite, after deducting the friction, our engineer estimates that the water will have 186 feet of gravity pressure at the tow ite. The ditch for the ‘pipe line | is completed, and most of the pipe is »w on the ground ready for connec- tion The remaining pipe will be de livered on or before the 15th day of June. The water will be flowing through the pipes by the first day of July next ue of your water can readily reciated when you are informed is the only water in the district that wifl flow into the camp by gravity. The Amargosa River is situated on the other side of a range of mountains from pply of water furnished by them | n of thirty. There | town the postoffice o trict Recorder’s of- the Southern Ne- v, with a capitai office of tne ield and Las Vegas Tele- Telegraph Comp and one nest hotels in Southern Nevada, | ice of the Peace for t | t jail for Southern tion to this tile houses in Southern Ne- also located in your town. M. Stewart, for thirty years in Senate from the State | the mines, and even if the water could be pumped over this range of moun- tains it is unfit for domestic use by reason of its alkaline properties. The { present price of water in Tonopah and Goldfield, Nevada, in each of which places they have water systems, s 1 cent per gallon, while the present cost of water in the Bnllfrog mining dis- ct is from $2 to $2 50 per barrel. A right of way and franchise for the pipe line have been obtained from the Coun- ty_Commissioners of Nye County. | Yeur hotel has been rented to Casey and Arden for a perfod of two years. Fsaion s The lessees are the best-known hotel Be vnte ot the Tamrateipant 101 vien Vi ‘the ‘State of Nevella shi*kis at s selected Bullfrog as his future | Present operating the Merchant's Hotel He is associated with Key Pitt- |2t Tonopah, Nevada, and the Merchant's n as counsel for your company. | Hotel at Columbia, Nevada. You are to In establishing your new townsite it | be congratulated on the fact that these | was considered best to give to the own- | Zentlemen selected Bullfrog as the best ers of lots in the old towns of Amar- |location for a hotel in the Bullfrog gosa and Bonanza the same numbered | mining district. lots and in the same blocks in the town | Under and by virtue of the terms of | of Bullfrog as they occuplied in the old | the articles of incorporation of your townsites. While this consumed a num- | company we have offered for sale 100,- ber of good lots, it gave you the moral | 000 shares of preferred stock at $1 per support of the most substantial men in f share, and in addition to the 10 per district, re and in | Southern Nevada. | cent interest the same bears, have of- have been | Since the organization of the town the | fered as an inducement for the ready District, | management has disposed of about $20,- | purchase of the same & bonus of three 1 which is | 000 worth of lots, ranging in price from | shares of common stock to each share propert $300 to $500 per lot. There now remains | of preferred stock so purchased. The during its sold on Maln street and on Bonanza | first fssue of 25,000 shares of the pre- | street, both of which are business | etreets of the town, as near as we can | judge from the latest reports, 100 lots. g | About 50 lots on the back streets have been sold. There remain unsold in the ‘planed townsite in the neighborhood of has now a very ferred stock was purchased immediate- n sight. The ores in 1y upon its {ssue. It is our intention to | offer another issue of this preferred stock at the same price, with the same bonus. eight miles north of Tono- This additional issue will complete District, thirty miles { 29 lota. At least one-thim of ths town- e (usiuiintion of the water. sgarem ; the Revellle District, | §it® % 7ot unplatted. It is the inteh- | gv .y runds derived from the sale of of Tonopals (where enor- | fion, Of | your mansgement to reserve | )..;7o.. "lra opovy NS Rinmee fund of ailver lead ore | oW Wl mll corniek lote that tha cam< | oM Rl g The The ot i agfaane pihde, g i v thelr enhanced | gemption of the preferred stock and stated to have $10,080,00 in si the interest thereon, an ice plant with a capacity of from five to ten tons a day will be installed. We confidently expect in the next monthly statement to be able to announce that the $55,000 necessary for the redemption of the Y st 5 Etone Cabin District our townsite 1 most advantageous. District, situated forty miles southeast of Tonopah; the Gold Mountain District, | will be rendered available, thus insur- twelve miles south of Tonopah; the Klon- | ing & large output for a long perfod of dike District, sixteen miles south of Tono- l time, and great activity, pah; the Gold Crater district, twenty miles the Cactus Springs preferred stock and interest is in the treasury of the company. The estimated resources of your com- pany per month, after the installation of the water system, i as follows: 25,000 gals of twater for do- mestic use per day at 1 cent-per-gal......i..oouais 475,000 gals. of water for mill- ing purposes per day at one-tenth of a cent per gal.$14,250 00 Five tons of ice per day at 5 cents per pound $15,000 00 $36,750 00 The expense of maintaining your water system and townsite will be not to ex- ceed $30 a day.. The expense of your. ice plant will be about ] $40 a day $1,200 00 It is impossible to estimate the re- turns from sales of lots, as they will constantly. be Increasing in value. Re- spectfully submitted, H. H. CLARK, President KEY PITTMAN, Secretary. By order of the board of dir KAWICH GOLDREE COMPANY CLAIMS robably second in importance as a mining property iu the Goldreed mining district, State of Nevada, is the prop- erty of the -Kawich Goldreed Mining Company.- This Company's consists of five mining claims lying im- mediately north of and on the same ledges that Intersect the the Goldreed Mines Company. By rea- son of the lack of water that has here- tofore existéd in that mining camp tle development work has been done on this property. However, there are sev- eral strong veins of gold-bearing ore crossing’ the entire property. $7,600 00 $300 00 ctors. ‘While it may not be correct to say ' that the ledges om this praperty are the same ledges tht crop on the prop- | erty of the Goldreed Mines Company, as a small guich intervenes between them, veL by reason of the strike of these veins and the similarity of the ore, it is very probable they are the same. The ore, as is characteristic of the dis- trict, is a white quartz, tinted with a pink color, carrying a great deal of oxidized iron. The values are almost entirely in gold, which is found free, or in other words, in its native state. The ledges vary in width from three to ten feet, and the ore is distinctly sep- arated from the walls by talc seams. Assays taken from various places on the croppings give returns from $10 to $67 in gold. These values, of course, at the present ‘time are not sufficlent to | warrant the shipment of the ores, but there will undoubtedly be encountered rich shoots, as is customary in such character of ledges in Southern Nevada, particularly in the Goldfield mining dis- irict. The great values will be obtain- ed from this mine'as well as from other properties in the district when facili- ties for milling the ores are obtained. This period is not at a far distant date, a8 Is evidenced from the report of Mr. Malcolm Macdonald which is published in this issue of The Call. The stockholders in the company are | determined to prove their property a mine and to profit by returns from its ore rather than the sale of their. stock. In pursuance of this theory they have pooled all of their stock for an in- definite period and until the mine is on a self-sustaining basis. This, of course, encourages the purchase of treasury stock, the proceeds’ of which go into the actual development of the property. The company fow has on hand in its treasury from the sale of treasury stock over $10,000, and the management has taken steps to commence the im- mediate and systematic development of the property. This property, together with the property of the Goldreed Mines Company are sufficient to brand the camp as a wonderful mining district even were there no other valuable prop- ertles in the district, which is not a fact. z property | property of | - | (CATION OF SOME OF THE WELL-KNOWN MINES THAT ARE ADJACENT TO THE TOWNS OF BULLFROG AND RHYOLITE. MACBETH SEES FINE OUTLOK Finds That Bullfrog Holds YValues That Run High in Tests Made by Assays MOUNTAINS Manager of the Lucky Boy Deseribes What Appeared ‘When He Visited Ground —_—— BULLFROG, May 22.—R. Macbeth, gen- exal manager of the Lucky Boy mines of Custer, Idaho, out of which $11,000,000 has been extracted, has spent a week investi- gating the leading properties of the Bull- frog district. He is in the field represent- ing Sait Lake capital. Upon being inter- viewed about the district, he said: “Through the courtesy of Mr. Mont- | gomery and his capable superintendent, ! Mr. Hoveek, I was permitted to make an examination of the Montgomery-Shoshone | mine. | EXAMINES the gtrike to be northeast and southwest, and dip about fifty-five degrees to the | southeast. It iz a contact between birds- eye porphyry and rhyolite, the porphyry forming the footwall, and it cannot po: | sibly miss the Montgomery Mountaln | Mining Company’s ground. “Of the eighty feet of ore eleven feet are taic, which should run from $300<to $500 from the pannings made, and sixty- nine feet are mixed tale, guartz and porphyry, which should run from $50 to $100. Fifty feet have been drifted in the tale on the footwall, an upraise forty- | six feet to the surface, and a winze twen- | ty-two feet deep sunk on the talc. By giving fifteen cubic feet to the ton, as the ore is light in weight, there are easily iin sight at the present time 80,000 tons of ore and $5000 has not vet been spent in development work. This, from the values contained, makes the Montgomery-Sho- | shone, even with the present showing, | one of the greatest mines in the world. “I went over Montgomery Mountain and made a careful examination of it. I found |1t to consist of a series of parallel por- phyry and rhyolite dikes, making numer- | ous contacts, in each of which ore should | be found. These dikes strike northeast {and southwest and cut the Montgomery- Polarts, the Peery-Montgomery and the Montgomery-Shoshone. “Phenomenal values are now being found in the bottom of the twenty-two- foot winze on the Montgomery-Shoshone, |and they are so extravagant that should |1 cuote them I would be considered a { candidate for a lunatic asylum, and these , values were verified by a sample taken i by myself from the bottom of the winze |and the ore from the winze Is being sacked for shipment to the Salt Lake smelters. This ore is not assorted. | “If the present values found in the | Montgamery-S..oshone continue through | the 80,000 tons of ore in signi, there are | easily from $8,000,000 to $10,000,000 gross | now exposed. - “‘On the Peery-Montgomery two tunnels are being driven, an upper and a lower. These are rapidly approaching the con- { tact, and I firmly believe that when the | contact is reached ore will be found, as | the same conditions exist on this property as exist on the Montgomery-Shoshone. | Also, ore has just been broken into in the | Montgomery-Polaris, about 00 feet from | the tunnels on the Peery-Montgomery lMuunwn Mining Company’s property. southeast of Go ; the Sylvania district, | twenty-five miles southwest of Sllver Peak; the Tule Canyon | district twenty-five miles southwest of | Lida Valley district In these districts ac- tiye prospecting and | development is in pro- | gress and prospectors are spreading from all these districts into other adjacent sections where it is reasonable to presume other finds of ore 1 be made. In the districts mentioned, « ring an area of ebout 100 miles in th! (nmorth and y 100 miles in h (east and in the year 190v there was a population west) the valuable which are made it Is reas- le to presume that | s population will be doubled within the next two vears. The ores from this section, gen- speaking. are high grades of ores compared with what | ere being treated in other districts on the Pacific Coast, and with the completed and promised railroad fa- cilities and the advent of electrical power (two companies are bringing in power) and the conmstant increase in water and milling #emilitios all these ores ] -5 T found the ledge eighty feet thick, | HAS VALUABLE MINES. Is Principal Owner of Montgomery-Shoshone Property and Otherwise Interested. - Consulting engineer for the Montana- Tonopah, Tonopah Extension, the Me- Kane-Schwab interests, the Goldfleld- Simmerone, the Goldfield-Portland, Co- lumbia Mountain, the Southwestern Nevada, the Goldreed and other Ka- wich properties, the phenomenal Mont- gomery-Shoshone and Shoshone-Polaris groups, In fact for about every mining venture of note from Searchlight on the south to the old Comstock claims on the north, Malcolm L. Macdonald, M. E.,, was found to be gn extremely busy man. While much of the data relative to the wonderful resources of this part of Nevada have been obtained from Mr. Macdonald, all efforts to ob- tain anything of a personal nature from the gentleman himself met with scant success. The Call is indebted to the old-time friends of this pre-eminent engineer—for he is so proclaimed by the mining men of this section—far the notes which follow relative to the r of the young man who, probably more than any other, has demonstrated to investing capitalists the value and permanency of Southern Nevada mines. Briefly, he was born in Nevada with- | they have shown no indication of re- gret. Coming to Nevada with the late W. W. .\icrrls in 1903 and again in June, 1904, for the purpose of e the Reveille and the Monunnx:'l%lm it Wwas upon his recommendation t these splendid properties wers devel- oped. Impressed with what he found here, Mr. Macdonald returned to Mon- tana for the purpose of so adjusting his affairs that he could leave them. He located permanently in Tonopah in August, 1904, His professional career since that time has been marked by success after success. Utilizing the ripened knowledge gained in his Utigi- ous Butte experience, he is known and blessed as the discoverer of the rich- est and most productive bedy of ore in this camp. In his honor they have christened it the “Macdonald™ h‘g. and some of the principal mines of the camp figure on paying dividends from it for years to come. While the vein might or might not have beem dis- covered later, it was under his inalst- ent direction that the work was prose- cuted which uncovered it. In the vari- in sight of historic Mount Davidson, ous companies with which he is con- receiving his educdtion in California. In 1888 he located in Butte, Mont., be- coming associated with the old firm of Baker & Harper and afterward suc- ceeding Mr. Baker as a member of the firm. is firm during Mr. Macdonald’s connection Wwith it had charge of the construction of the celebrated Big Hole dam, the source of the water supply of Butte and the immense smelting plant of the Anaconda mine, located at the town of that name. Associated with George H. Robinson, he was the prin- cipal expert in the well-known Colusa- Parrot lawsiit, being pitted in that case against the expert forces of the Amalgamated. - In connection with this suit readers of The Call may yecall the model of the undérground workings of this mine. It occupled a conspicuous place in the mining exhibit at the St. Louis Fair. This medel was constructed under his direction and has served as the type for similar models used in conveying knowledge of underground workings to courts and juries in many of the hotly contested mining suits of Butte. The record made by Mr. Macdonald in the Colusa-Parrot case resulted in his sub- sequent employment at different times the Amalgamated, the Clark and the Helnze interests as an connection with this prolonged, world-famous 1it- igation. Associated with and tched district. nected his advice is followed Implicit- ly and seemingly with astonishingly uniform success. The people of this section swear by him. Many call him lucky, but back of it all is the fact that he is an indefatigable worker, up early in the morning, a burner of the midnight ofl, possessed of wondertul executive ability and a shrewd, Scotch comman sense which gets to the meat of things and impels him to do things. In addition to his work as advisor to many of the large corporations of this district, Mr. Macdonald is interested in many private enterprises, being prob- ably one of the heaviest investors in Southern Nevada. —_—— The main mineral belt seems to cover an area of ten square miles. The ledges Seem to be much more deflned and give better indications of permanency than those In the Goldfield district. In fact, there seems to have been less volcanic action, consequently the overburden of lava flow IS not so pronounced as in tne Goldfleld district. The ledges in most of the propertles have a general trend: the main lead seems to dlp easterly 2 westerly, but, however, is cut now an then by cross-veins, forming richer chutes than those found in the average lead. Such seems to be the case on the famous Shoshone holdings. The Ladd-Benson group, consisting of five claims, owned by the Bullfrog Jln- P\‘ Company and adjoint: the Na- ional Bank, have a shaft down ninety feet, with lrllndld showings. A cross- cut, which I3 in a distance of 170 fee is to cut the vein at about 200 feet. It is one of the promising mines in the e Some 4000 feet south of the Shoshone are the holdings of the Bullfrog ia- tional Mining Company, in Ladd Mountain. They have a shaft down seventy feet, the shaft being on the vein. Ore assays as high as $600 per —_——— The Bullfrog Red Mountain Mining Compan: dol h developmen: Y are n‘unu t