http://www.nevadaappeal.com/article/200 ... /109110085

The four and a half mile section, expected to cost about $7 million,
will run from American Flat in Storey County south to Mound House in
Lyon County. About a mile and a half from Gold Hill to the Overman Pit
was finished in 2005.

Another achievement for the project, however, is behind schedule.

Last month, Hadfield said he expected to have an agreement ready to buy

the Virginia and Truckee Railroad Co., which runs a two-and-half mile
private railroad from Virginia City south to Gold Hill.

In 1996, the company won a contract to operate the entire rail from
Virginia City to Carson City. Last year, however, commissioners chose
Oakdale, Calif.-based Sierra Railroad Co. to operate the railway,
saying the project is too big for the first company.