University of Nevada, Las Vegas

page 24

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Share in the riches of the Mohawk No. 2, Gold-field, Nev., now producing $ 1,000,000 per monthRICKARD-MOHAWK LEASING COMPANYA DOMESTIC corporation with an authorized capital of 600,000 shares, par value $1 per share, 300,000 shares of which has been placed in the treasury to be sold to carry actual operations. OFFICERS AND DIRECTORSPresident, G. L. (Tex.) Rickard, of whom no description is necessary, as he is well known from Texas to Alaska for his enterprise and square dealing.Vice-President and General Manager, Joseph H. Hutchinson, a well known mine operator, formerly superintendent of the Trade Dollar mine, Silver City, Idaho. He was for years chairman of the board of Denver and Colorado Springs Mining Exchanges.Secretary, Webster Bishop of Bishop-Hutchinson & Company, bankers and brokers, Goldfield, Nevada.Treasurer, J. L. Lindsay, cashier of the State Bank & Trust Company of Goldfield, Nevada.The purpose of this corporation is to operate leases and carry on a general mining business. This company has secured a ten-months' lease on a block of ground 200x670 feet, which is the extreme north end of the famous Mohawk No. 2 claim. On the latter property at the present time nineteen leasers are operating with power hoists, and some of them with air drills and producing nearly $1,-000,000 per month. It is the busiest piece of ground and the greatest producer in the United States, and possibly in the world.The Rickard Mohawk lease is believed to be one of the choicest parcels of ground on the Mohawk No. 2, and is the largest tract of ground now held by any one interest on that famous property. There are a series of veins outcropping on the surface, some of them making junctions on this ground. On the south line of this now well-known producing property is being operated the Rickard-Mc-Naughton, lease, which is a part of the famous Kalfus lease, from the veins of which they are taking fabulously rich ore. These same veins run directly into the side line of the Rickard-Mohawk. Next to the Kalfus lease is the Bradbury lease, which is just beginning to ship and has within a few days made what is considered a very important strike of rich ore. To the southeast is the famous Ish-Sheets lease, which is shipping nearly 100 tons of ore per day, averaging better than $100 per ton. To the southeast and cornering on the property is the Higginson lease on the Gold Wedge, on which has recently been opened ore running from $1,500 to $2,500 per ton. This vein also runs into the Rickard-Mohawk. Directly to the north and adjoining is the Nesbitt-Meyers lease, which has just opened a very rich shoot of ore on the 100-foot level, the vein of which dips right into Rickard-Mohawk ground and should be tapped by a shaft before the 200-foot point is reached.In addition to the above property, the Rickard-Mohawk Leasing Company has also secured a controlling interest in the Kalfus lease on the Gold Wedge. This property adjoins the Kalfus-Mohawk

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page 24
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eng
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http://digital.library.unlv.edu/u?/dig,4
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