Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
MERCUR.

An ingenious writer, in endeavorlng
TO convey an adequate idea OF the
mineral wealth OF Mcrcur. said recent
~. Fancy three miles or more Of
workings In continuous ore, from the
grass roots 20 the bottom OF the deep
est shaft. the value increasing with
every foot OF development, Then you
viii have an incomplete mental picture
OF the conditions shown In the under
ground workings OF the Mcrcur and
Golden Gate mincs--thc two properties
which at this time best Illustrate the
size. richness and continuous charac-
ter OF the ore bodies OF the camp. In
these mines three distinct and gently
rccedinE ore chutes, which are be-
iievcd to traverse the mighty zone OF
the great camp. arr apparent. In the
| Golden Gate mine fnr@c are bodies
vary In thickness from 10 to 10 feet,
and have been developed by several
miles OF workings. Every square foot
| of the vein quarrlcd through its thick
ness will yield ton OF ore. which, at
| the lowest estimate viii return a value
OF tl.. There are 500 acres within the
| lines OF the Golden Gate group. UNDER
| lying which are 500 acrcs OF this Won
derful vein. Multiplying the square
| feet In this great area by 81 VIII give
nm approximate Idea OF what the fu-
turc yield OF this property VIII be-
THE GOLDEN GATE TODAY.
a portion OF the period referred to by
the writer as the future" Is now the
past. and the glowing predictions then
made are being fulfilled today. To the
miles OF workings there opened. much
has been added. and the mine shows
today ore values conservatively csu-
mated at slO.OO000O. With such a
showing. the result OF careful cxami-
nations by experts OF International re-
putc. Captain Joseph II. De Lamar
was fully Justified In spending the
81, $4,000 required TO open his mine
and construct the largest and finest
cyanide mill In the whole world before
he ever took one dollar from the prop
| erty.
That. In brief. IL the status OF this
marvellous property today. a detailed
| description OF the great mill was re-
Gently published In the News" and all
who are intrcstod In mining at all are
familiar with Il. An addition, TO the
mill has Just been completed. and the
work OF putting In "a generating plant
| to supply power and electric lights has
been commenced. At present the
company II receiving power from the
Telluride company at Provo. but II WIN
soon be independent OF this, and the
entire system win then be complete In
Itself
The regular capacity Of the mill Il
| 1000 tons Of ore a day, although II has
handled over 400 tons In "a hours, and
In all the operations the plant IL as
nearly automatic Us human Ingenuity
can make II. 40 that the expense OF Ia
Dor Is reduced to minimum. In TAX
Ing out the ore nothing OF value IL
left, and no timberlng ls done except
In the main workings, 80 that this DIG
Item of expense ls cut out. such work
lngs being allowed to cave In The
| Golden Gate mill plant " 30 perfectly
| equipped that nothing need he shipped
| from IL except the final product-gold
bars, 900 fine The Golden Gate ha,
, It's own refinery. and II In a success
like everything else there
WHAT 1T PAYS DE LAMAR.
, All kinds Of estimates have beei
made as 60 the profit Capt DE Lama
receives from the property, with IN,
mill running ut the capacity intended
. | there would be handled Loco tons OF OF,
every day. Estimating Il at an aver
age value OF $40 ton, and allowing
onc-half OF that to cover every expens
In reducing II to gold bars. the ne
, profit would be $1,000 u day. or N.s2o,OO
! year. And u ~ entirely safe TO Ms
sumo that for the year 1900. the Colder
immense fortune Of It's owner.
To operate the mine and mill. not
=. withdrawing that every labor savinl
. revico has been adopted. still requires
= small army Of men. who thoroughly en-
:, 10Y life at Mercur.
At THE MERCUR MINE.
Time was when the Mercur mine wa
, autonomous with the camp bearing II
A name. and although the magnitude q
a the Golden Gate has oollpsed H. tn
Mercur mine " today n far more i'm
!, p0rtant proposition than II haze eve
a been. The MANAGEMENT IN most care
!, full and conservative. and Its dividend
are AZ certain as interest on govern
ment bonds. Nor Is the management
resting ON lts lnurels. Its underground
. workings arr now labyrinth. and tn
u ore reserves have been constantly add
y ed TO. So that the company feels IN
= need OF Increased facilities OF handlln
II. which VIII mean an Increase OF earn
lngs. and the cyanide plant at Manning
Ia being added to and vii
soon have capacity Of 700 tons day
t. THE SACRAMENTO
70 The only other dividend payer IL tn
: Sacramento, and recently II cut on It
e dividends. The reason for this. how
ever. was not because the property ha
appreciated Great bodies OF the riches
ore ever found In its boundaries hay
been opened up. but II has been foun
x that this ore II more arsenlcal an
u more refractory than that prcviOusl
u mined In order To get the best result
II was determined to add roastefs [
the plant. so that the ore con be trcate
after the fashion OF the Golden Cat
u method, and when these additions hav
e been made. the earnings VIII show
y corresponding Increase. The dividend
x have. therefore, merely been diyerte
TO the benefit OF the mine.
GEYsER- MARION.
= The Geyser- Marion. an old-time ia
n yorite and dividend payer, has had Il
l. earnings eaten up In settling claims, tn