Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-12-29
Annual sIee.I.. e IN. Hsleher Conn

The Belcher Company held It's annual
meeting on Tuesday, December 2e, 1865.
The Superintendent submitted the fol-
lowing report:
To the Stockholders of the Bslchcr Com
pany = Gentlemen: Since your annual
meeting held on the 23d Of November,
1864, there have been extracted 2l,ll0
tons Of ore, yielding $42 0s per ton, and
in the aggregate the sun Of $SSS.323 SO.
All the ores Of much value were mined
down to the 303-foot level BY the LIST OF
Jnly last, since which time we have ex-
tracted some low grade ore. which, how
ever, has failed to yield q profit to the
mine we have therefore discontinued
mining 1t. The mine shows a very large
amount Of ore which would yield from
SIG { SlS per ton, but would not prove
profitable at present prices Of crushing.
Although we have penetrated the vein
at a depth Of 400 feet from the surface, or
III feet deeper than the 303-foot level, we
are still prevented, by the water remaining
on that level, to follow the ores down.
We have during the year sunk our shaft
240 feet, and partially opened two new
levels, one at a depth Of APO feet, and an
other at $50 feet from the surface. We
have run a drift west from the shaft, on
the 420-foot level, for a distance of go
feet, penetrating the vein; but 30 far we
have found no ore, nor have we found a
western boundary to it. We have also
run q drift from the main drift 100 feet
north, and shall at once proceed to cross
cut the vein from that point both east and
west. This cross-cut will be 40 feet
from our north line, and will, in my opin-
ion, develope ore ; I base my opinion on
the fact that our richest bodies Of ore have
heretofore been found within 500 feet from
our north line, and that part of the vein
crossed by our main west drift has always
been comparatively barren. l shall con-
tinue the drift north and cross-cut the
vein @. every 100 feet. We shall also
raise a shaft from this point to the So3-foot
level, which shaft will answer the double
purpose Of supplying air, and cutting the
different strata lying at this point between
the two levels. In cutting into the vein
on this level we encountered q large vol
ume Of water, which has retarded the
work of the mine and has also added
largely to Jul expenses. Some idea can
be formed Of this body Of water, when the
fact is stated that our pump is discharging
l,0l7,S7S gallons every "a hours. We
have run west from our shaft, on the go
foot level, q distance of l60 feet, but were
compelled, early last October, to cease
work at that depth, as an influx Of water
wa indicated, which We were compelled
to avoid until the 420-foot level was at
least partially drained. I am, however,
in hopes Of Recommending work on this
level some time mex January. We have
also run a drift from the shaft on this level
a distance Of $50 feet but 30 far with no
favorable result.
We are now sinking q wipZe from the
30S-feet level. to connect with the 420-feet
level at a point $50 feet from our north
line. This Wine is now down SIS feet,
and if not prevented by water, we shall be
able to cross-cut the vein at this point
from the bottom Of this Wine in advance
of our north main drift on the +20.feet
level.
During the past year WI have run $50
feet Of main drifts on the 303-feet level,
and 100 feet Of smaller drifts for the pur-
pose of prospecting for ores outside of our
regular deposit. We have also run q
drain tunnel a distance Of 600 feet from a
point east of u shaft, and at a depth of
$50 feet from the surface, through which
the water from our mine is now discharged.
We have during the year made additions
to our machinery, among which are Oh
engine of 5o-horse power, and two boilers;
also q force pump, together with a new
Ay-wheel, and new shaft for pump. The
present machinery. with some trifing
changes, will in my opinion answer the
requirements of the mine for working to a
depth of $50 feet below the bottom OF our
shaft.
We have on hand at present over $780,
900 feet Of mining timbers and other re-
quisi,e lumber, tagging, etc.. also, a suf-
ficlent quantity of candles, oil, iron, etc,
to enable US to carry on work for at least
three months, with but a tri6ing expendi-
ture above the cost Of the necessary labor
for prospecting.
In conclusion, / would call the attention
of the stockholders to the propositions
made by the Sutro Tunnel Company, and
recommend them for their consideration
and some action thereon.
JOHN LAMBERT,
Superintendent of Belchsr Mine.