The Silver State

"Mining is a practical game. Whenever mining is carried on as a legitimate business for the development of an ore body it usually succeeds. Unless money invested for mining is so applied it becomes a criminal act and is a reflection upon the honest calling of the splendid cause of mining. Properly carried on mining has no greater risks than any commercial undertaking and as usual money invested in mining ventures brings bigger and quicker returns than for money put into other endeavors." Such were the observations this morning of Tom Hines, who departed for West Virginia on No. 10.

He further stated that his latest advices from National and Buckskin were that the money expended in that district for development was bringing results and proving the greater National. Said he, I have seen sufficient of the high-grade ore from the Bell mine to assure that that Buckskin property is one of the big things in Nevada today and that is saying very much when one considers such properties as the Goldfield Consolidated, the Tonopah mines and the very rich National mine, a close neighbor of the Bell Buckskin National property but the case is that the Bell property excels both in present showing of high-grade ore running from $10 to $50 per pound, and at the same time has an abundance of mill ore that is rich beyond the average mill ore. The property has hundreds of thousands of dollars of ore blocked with probably an expenditure of $10,000 in development. The reference to this showing is to make good my opening statement that investment money usually fairly applied is a good investment in mining and brings better and quicker returns than any other business. For instance, using this property as an illustration, some six months ago stock was bought in the property at 10 cents a share and the same stock brings now 50 cents a share, and none of any amount on the market at that price. There is a demand for this stock and buyers ready to take all they can get at that figure."

Continuing Hines related that not far from this rich property were the seven claims of the National Buckskin company, upon which preliminary work was proving all the indications of making another fine mine property. The National Buckskin is in charge of competent men who know how to mine and prove the value of a property. The Buckskin National is driving a long tunnel to intersect the rich Buckskin vein and have no doubt when cut, figuring the evidence and values in the upper workings, that a big body of profitable ore will be opened. The property has great mine merit and is fortunate in lying between the National Mines and the Bell-Stauffer property, occupying the same mineralized trend and in a genetic sense having the same formation that those rich mines have.

"The Stowe lease is in a fine vein, occasionally getting the native gold. The National Mines, further north, is producing ore on a profitable scale and proving the bigger mine with greater depth.

"On our lease we are getting the high-grade. Our showing is such as to prompt the confidence of making as rich a producer as National has to its credit.

"All in all National, with Buckskin evidence, is in better form and shape for a rich, prosperous gold and silver productive era than any period since National has held a place upon the mining map."