Scientific American Supplement, No. 360, November 25, 1882 by Various
page 46 of 144 (31%)
page 46 of 144 (31%)
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and the victims of the mining fever here seem as deaf to reason as the
buyers of mining stock in New York. Fuel was added to the flame by the report that Shedd had sold his location, named the Solitaire, to ex-Governor Tabor and Mr. Wurtzbach on August 25 for $100,000. This was not true. I met Governor Tabor's representative, who came down recently to examine the properties, and learned that the Governor had not up to that date bought the mine. He undoubtedly bonded it, however, and his representative's opinion of the properties seemed highly favorable. The Solitaire showed what appeared to be a contact vein, with walls of porphyry and limestone in a ledge thirty feet wide in places, containing a high assay of horned silver. The vein was composed of quartz, bearing sulphides, with horn silver plainly visible, giving an average assay of from $350 to $500. This was free milling. These were the results shown simply by surface explorations, which were certainly exceedingly promising. Recently it has been stated that a little development shows the vein to be only a blind lead, but the statement lacks confirmation. In any case the effect of so sensational a discovery is the same in creating an intense excitement and attracting swarms of prospectors. But the Perche district does not rest on the Solitaire, for there has been abundance of mineral wealth discovered throughout its extent. Four miles south of this prospect, on the middle fork of the Perche, is an actual mine--the Bullion--which was purchased by four or five Western mining men for $10,000, and yielded $11,000 in twenty days. The ore contains horn and native silver. On the same fork are the Iron King and Andy Johnson, both recently discovered and promising properties, and there is a valuable mine now in litigation on the south fork of the Perche, with scores of prospects over the entire district. Now that one or two sensational strikes have attracted attention, and capital is developing paying mines, the future of the Perche District seems |
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