Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1900-11-24
Rep ablic.

/
The Republic Consolidated will hold
its annual meeting in Republic on De-
cember 20.
The Tom Thumb at Republic was
closed last week. The reason assigned
by the officers of the company is that
development can no longer be carried
on to advantage until some of the large
surplus of the ore in the mine ready
! for treatment is removed. Superin-
tendent Maurice Downey will remain
in charge and the mine will be kept in
shape to resume on the day that mar
ket can be secured for the ore. The
reasons are given in detail to the cor
respondent of the Spokesman-Review
at Republic by Mr.. Downey.
After three years of severe expert
ment and testing, successful method
has been found for treating the ores of
Republic camp. 1t is now in practical
operation on the ores of the Republic
company. There remains scarcely a
doubt that the problem has been en-
tirely solved-that the ores of Republic
district can be treated on the ground,
low cost.
The method is substantially that en-
ployed in the successful treatment OF
the ore bodies at Mercur, Utah, fact
of Importance, because it means that
the results obtained at Mercur may be
The ledge in the Zala M, Sheridan
camp, has been crosscut at the lower
icxO mid h0
is 235 feet south Of the tunnel, on the
300 foot level. There is about 10 per
cent of this ore that is of shipping
grade. The balance will pay we'll to
concentrate. On the Maud West, Bodie
camp, which adjoins the Bodie on the
south, the cross tunnel is still being
driven. The tunnel is in something
over 200 feet. 1t is the belief of the
owners that the ledge will be cut with
in so feet at depth of $50 feet. Work
/ has been resumed on the Southern
Belle, in Telluride camp, Myers creek.
attained at Republic. At Mercur, where
the large mill treats 1000 tons daily,
the cost of treatment has been reduced
to $1.45 per ton. The Republic works
start with daily capacity of 200 tons,
but this capacity may be quickly in
creased, with comparatively slight ad-
dltional expense, to 500 tons. Mr.. Jack
ling, the authority who solved the
treatment problem at Mercur, and also
that at Republic, expects that with the
present capacity the cost of treatment
Will be 500 per ton. 1t is reasonable
to conclude that if 500 tons are treated
daily, the cost will be cut to about So,
and that when 1000 tons are treated,
the expense will approximate the cost
at Mercur-$1.45 per ton.
For the present, the item of treat
ment may be set down at $3.50 or say
$500 to allow for good working mar
gin. The ore can be mined for about
$3.50 per ton. The total for mining and
milling is therefore $3.50 per ton.
| Mr. Jacklin expects to attain an aver
age saving of 95 per cent of the assay
value of ores. Again, to be on the safe
side, this calculation will be based on a
30 per cent saving. This would mean
| that So ore would return 1920 and
would pay profit of $1.70 per ton. Ten
dollar ore would pay $3.50 profit; SIP
ore, $3.50; SIS ore, So profit. And of
! course as the cost of treatment is re-
! duced, and the percentage of saving in
creased, these margins will be appre-
Gladly greater.
1t means that just so soon as the
Republic company demonstrates that
there are dividends in ore ranging from
SO to $12 per ton, there will be abund-
ance of capital to erect other plants and
buy the ore bodies.