(By Jack Bell.)
Rawhide, Nev., June 26. - A nice little
personal interest yarn in connection with the
early efforts of the original promoters of the
now world-famous Grutt Balloon Hill lease is
not amiss at this time. The two men to whom
credit is due for the discovery are Will E. Casson,
of Carson, Nevada, formerly in the Indian
Allotment Service of the United States government,
(and by the way, he has letters from the
government, lauding him as the best that has
ever been in that branch of the service) and L.
L. Looney, cowpuncher and miner, of the United
States. Few men have met with more difficulties
in an attempt to finance a mining proposition
than have these two men. Looney had
ideas and no money with which to carry them
out. Casson had energy but the times were not
propitious for the financing of mining ventures.
Casson was tireless in his efforts and advanced
money from his personal funds at a time when
he could least afford it, all the while trying in
every way to get assistance from outside capital.
Looney never grumbled with the small
amount of money his friend Casson sent him
to keep the lease alive, but only worked the
harder when grub and powder got low. Two
weeks before the rich ore was discovered Looney
was down to his last few sticks of powder
and the larger was very very low. Then like a
blessing from above Casson succeeded in placing
a block of 132,000 shares of the stock and from
the sale secured enough money to push development
according to Looney's ideas. The result 2
weeks later was that the ore was found and the
first shipment put the two men out of debt and
gave them a neat surplus. Last week Looney
left with his family for a well-deserved rest and
Casson is looking after the interests of the company
and will remain until Looney returns.
The hardships of the past are now but a dream,
and it may be said to the credit of both that
they are entering into their new state of affluence
with a grace becoming men who have won
wealth through their own efforts.
The Grutt Balloon Hill still remains at the
head of all Rawhide producers. The more development
reveals richer ore than previously
found. This afternoon the local telegraph office
was deluged with telegrams destined to points
all over the United States advising stockholders
of a strike of bonanza ore in the southwest dift
on the 185-foot level that surpasses anything
heretofore seen. It is useless to attempt a description.
Everything is broken down and
shipped. Assays received from 19 inches of the
ore laying against the hanging-wall in the
southwest drift give a return of $9100. What is
known as the southwest drift is but one of three
radiations going out from the hub that was
formed where the ore was encountered at the
185-foot point. This is the most phenomenal
strike that has ever been made in the district
and has already been carefully sampled by not
less than 20 mining men of the district. The
southwest drift, where the strike was made, is
at this time, according to the survey, the extension
of the ore-shoot south, which now measures
121 feet in length, so it will be clearly seen by
men of experience in high grde ore in any
country that the estimates made on a basis of
$800,000 in "backs" is conservative when development
so far shows a shoot better than seven feet wide for these dimensions and with a breaking
average in excess of $200.00. When the stoping
begins next week from the 120-foot level the
real value of this phenomenal mine will be
shown by settlement sheets as have the shipments
from ordinary development shown in the
past. At this time the mine has shipped $69,820.00.
At Fallon today is a carload of ore that
goes forward Tuesday, a 50-ton shipment that
controls show should net the company not less
than $15,000. This will bring the production on
development alone up to $84,000.00 One of the
most remarkable returns that has ever been
made in mining history. The main shaft is already
10 feet on its way to the next lift which
will be a 75-foot point. The management states
that the payroll will amount to something like
150 miners within the next 60 days. Thirty miners
are now employed in the big mine and more
are being added daily. The shaft will be raised
from the hub at the 185-foot point which seems
to be in the center of the ore shoot.
On the great Bethania estate development is
daily revealing more and larger ore bodies. On
the Bridges-Daniels lease on this estate in the
drift on the west vein the owners are breaking
down four and one-half feet from this perfect fissure
that all the varied samplings give a net return
of almost two ounces in gold with but a
trace of silver, a perfect milling product. They
are hoisting five tons daily and making ready a
200-ton shipment to be sent to the National Ore
Purchasing company during the latter part of
the month. The east crosscut is going forward
and is now in 137 feet toward the big vein exposed
in their No. 2 shaft. At the 90-foot point
four feet of ore was encountered that will go to
the mill; at lamost $10.00.
The Lawyers lease, on the same estate, is
now down 789 feet and breaking to a high grade
milling product across the entire bottom of the
shaft. The mud is slowly disappearing from the
fissure and the footwall shows a good hard material.
While waiting for the hoist a "whip"
has been installed and the work of sinking continued.
The vein has been named by all
the most perfect fissure even seen. This lease will
also have a tonnage ready for the big mill.
The Little Four lease on Queen Bethania
claim has something over 100 tons of $30.00 ore
that will go to the mill this month.
On blocks No. 1 and 2 the Gold Reef company
are making ready to swing up their gallows-frame.
The machinery will be in place and the
shaft started for the 300 point during this
month. This company has also a big tonnage of
mill dirt ready to be sent for treatment. This is
one of the most promising leases on Bethania estate.
The Victor lease on Coalition estate are
transporting 200 tons of their dump to the Murray
mill for treatment. The work being done
at this plant under the new regime is eminently
satisfactory, and the saving made on shipments
from the Royal Mines and other holdings show
a saving of 94 per cent.
The Kearns No. 2, now being operated by the
Queen company, today secured 66 sacks that
run better than $380.00 per ton. The company is
throwing a $27.00 product onto the dump awaiting
the completion of the local plant of the National
Ore Purchasing company.
The Mint lease now has its shaft down to the 422
foot pont and will continue sinking until
the 500 point has been reached. The ore has
dipped out of the shaft and values show for the
22 feet in the shaft a product of better than
$50.00. The management states that they will
begin development at the next lift and start
breaking out this immense body of ore.
The Marigold continues taking out the same
high grade product and is treating the same at
the local mill leased recently by the Marigold
company.
The National Ore Purchasing company's plant
is rapidly nearing completion. Already most of
the sampling works have been put together and
the company states that they will be ready to
begin buying ore very close to the 15th of the
coming month. They have also announced that
immediately following the completion of this
plant work will be begun to double the capacity
of the plant, making it a 200-ton capacity mill.