The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-17
THE ONTARIO.
Annual Report Another Complete
Work, as Usual.

Work, as Usual.
The report of the Ontario Mining
company, for the year 1895, is no less
elaborate than those heretofore issued
and as usual, covers all the operations
of the company during the year. In
addition it Is embellished with map
and p1ats and profiles of new and I'M
touched ground.
Excerpts from the report of the
superintendent, Hon. r. c. Chambers,
are compiled below.
'All the levels running each from No
1 shaft and all running west as far as
No. 3 shaft, are practically exhausted
and abandoned, and the pumps and
machinery have been removed from
the shaft. The 700, 800 and 900 levels OF
No. shaft are exhausted as far as
they run east, that is, to the great east
faulting assure, and also west as far
as No. 3 shaft. The 100 level was ex-
tended $50 feet, but nothing of i'm
portance was discovered. The 1000
and 1,200 levels are to be more
thoroughly prospected before being
abandoned. The 1900 level has been
driven west $50 feet. The work on the
1900 level has principally been Stopping,
and the yield has been good.
No. shaft was sunk $50 feet dur
ing the year The Slopes above No. o
level have been very productive, and it
will take some time to work out this
part of the mine. The slopes on the
100, 200 and 800 levels cannot be de-
pended on for a large amount of ore.
! The 400 500 and 600 levels yielded fair
/ " well, and nothing was done on the
700. There is some good ground still
to be prospected on the 800.
'The 900 level was run west 1900 feet
and some good ground opened up. The
LOCO level was run west 1,43O feet and
the slopes promise to yield we'll The
greater quantity of ore from shaft No.
3 was taken from the 900 level and to-
ward the surface" The superintendent
estimates that it will take two or three
years to work out the upper levels
above the old drain tunnel, and they
should produce a large amount of ore
From shaft No. west to the DAILY
line" he says, I'VE have 500 feet of
backs from the 1,5O0 level up to the
1000 level, this being virgin ground
which yet remains unprospected, and
should produce ore enough to run the
mill for some years to come''
The drain tunnel was extended west
2,135 feet, and a drift run north to con
meet with shalt No. s. This viii be
continued to and through the DAILY
J ground. The volume of water running
cut of the tunnel is twenty inches deer
by five feet wide, and the flow is S,10(
gallons per minute. This water oper-
ates an electric light plant, consisting
OF two generators and four motors, rs.
horse power, furnishing 500 lights fol
the mills and mines. and power for the
ontario and DAILY machine shops AND
| Saw-mil2s
10 he. 90
250 net tons of ore of an average ASSAY
| of 45.4S ounces per ton, saving 1922 pei
cent, and producing 1875, 547.SS fine
ounces silver, and $3.50 fine ounces Cd
| gold. The milling cost was $3.50 Del
! ton, and the total operating expense
/ was $22.53 per ton. Compared with 1894
there was an increased tonnage, lower
values, higher percentage saved anC
less cost for production and operating
| expenses. The cost of extraction, how
ever, showed an increase of SO cents
owing to the fact that the ore was
taken from the upper levels. out o.
small and narrow seams of low-g1adt
ore that had been passed over in pre-
ViouS years.
The bullion product for the year solo
| for $S49, 851, and the ore sales aegre
gated $47,297, the total net proceeds o.
ore and bullion sales being SS55,722. Tn,
operating expenses were S685672, ant
the cash balance was increased from
1921. 296 TO $462, 63S, and s34,941 was ex
pended on the electric light plant ant
the water supply The net cost of ths
drain tunnel to January l was S544. 500
and the statement of mime and mil
improvements shows total expendi
ture of s1,766,1S5. The total value O
all assets is given at $2,337 500. and a
the date of the report the company
had paid S13, 900 in dividends TIL.
mine has produced 507,4S1 tons of ore
containing 31,9OS.441 ounces of silver
which sold for $30,211,657