Bonanza Mountain and Its Treasures of Golden Wealth PART 4Source: Desert Evening News - Salt Lake City, UT
Date Published: 1905-12-16
Bonanza Mountain and Its Treasures of Golden Wealth
The Great Eastern.
This is a Schwab-McKane property that promises to develop in the usual McKane manner, to the satisfaction of all concerned. It lies on Bonanza mountain and is being developed through cross-cut levels from a 200 foot shaft. They expect to cut the Tramp and Hobo ledges which show on the surface. The company has a bond on the property and is making the regular payments as they fall due which is evidence enough that the property justifies the expense of development and purchase.
The same interests own the Crystal group adjoining the Four Aces near Montgomery mountain. A shaft has been sunk 100 feet and cross-cutting is now being prosecuted in a search for the vein.
Bullfrog of Nevada.
This property was formerly the Ladd and Benson and occupies the most of Ladd mountain. H H Clark, the "king of the Bullfrogs," bought into this property and incorporated the Bullfrog Mining company of Nevada, with himself as secretary and general manager, and Senator George S Nixon, president. Besides the Ladd mountain group, the company owns eight claims at Indian Springs and five at Red Mountain, all of which are now being developed. A big tunnel is being run under Ladd mountain and it is expected that the big vein will be cut at any day. This vein is nothing more or less than a porphyry dyke mineralized. It is 100 feet wide, runs through the Bullfrog property for 2,000 feet and averages from $15 to $25 per ton in gold. The tunnel will give 250 stoping ground on this immense ledge. Several streaks of rich ore have been cut and considerable sacked for shipment. Allowing the ore to average $15 per ton it is estimated that there are $14,000,000 in sight above the tunnel level.
R M Smith is in charge of the mine and takes pleasure in showing the unbelievers that the Bullfrog of Nevada is one of the big things of the country.
The Shoshone-Polaris adjoins the Montgomery-Shoshone on the southwest and is owned and controlled by the Montgomery interests. A shaft has been sunk from which the big talc ledge of the Mongomery-Shoshone has been cut in a 125 foot cross-cut to the east. The ore is of the same character as its rich neighbor.
Among the other promising properties of the district are the Peerless, owned by Judge Ray and associates, and located on Bonanza mountain; the National Bank, on Ladd mountain, and controlled by L L Patrick of Goldfield; the Yankee Girl, owned by the same interests; the Rush property, recently bonded to New York capitalists for $150,000, and lying on Busch Peak; the Four Aces, which is in charge of E W Griffiths, formerly of Salt Lake, and which has four feet of $40 ore; the Bullfrog-Western, an Oddie company, on the strike of the Original Bullfrog; the Mayflower-Bullfrog, north of the Montgomery-Shoshone; the Hill-top, in which Maj. W A Stanton is heavily invested; the McDonald and Bill Nye groups at Indian Springs, in which Malcolm L McDonald and J F Mitchell are the heavy owners; the Happy Hooligan, Midnight-Bullfrog, Bullfrog-Monitor and Montgomery Hill Mines company, controlled by Gorrill and Mann of Rhyolite. The Perry-Montgomery, lying on the south extension of the Polaris, and the Montgomery-Shoshone and the Steinway to the east, are also among the leading properties of the camp.
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Submitted: 12/27/09 (Edited 01/08/10)