The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1901-11-28
NO DISPUTE ABOUT THIS
Records OF the Past Which Force
tell the History of the
Future.
Values from Ores Taken Out In
Vicinity of Ely Yielded Fabu-
lous Sums In Days Gone By
With Only Crude Facilities foi
Milling as High as $4,000
Per Ton Was Saved.

Now that this district is being given
just recognition In the East, the ques-
tion of probable returns from the in
vestments made is being discussed
among the capitalists who are inter-
ested here, and the more timid ones
who are carefully considering the ad-
visibility of taking a chance for big re-
turns for their money are anxiously in
quiring what the camp has produced,
and what assurances can be given that
the ores bf the district will warrant the
investment OF large sums of money in
the development OF the properties Sc
cured and the installing of plants to
work the output.
While, of course, there can be no alb
solute guarantee given that the invest
ment of thousand dollars in mining
stock of this camp will yield dividends
during the next twenty years amount
ing to ten or twenty times the original
investment, still the record OF the past
is generally considered to be the safest
means of judging the future.
In the early days OF the camp only
the crudest means of extracting gold
values from the ores were in use, and
yet returns were received which ought
to prove to the satisfaction of reasona-
BILE men that the claims now being
fnada for tho a lot riof ara aouoarva ua
In the extreme.
One thousand three hundred tons of
ore from the Joanna mine gave a net
yield of sl3, 35l In gold, or an average
OF sl0.27 to the ton, after paying all
expenses OF mining, milling and hand
ling, and more than an equal amount
was left in the tailings, owing to the
fact that the little mill through which
the run was made was equipped with
only silver battery, no gold mortar
being used. Had these ores been
worked in modern mill, they would
have netted the owners in the neigh
borhood OF $4,000 This is not mere
assertion, but is taken from the sworn
statement which is still on file in the
Assessors Office, and which was made
for the purpose OF enabling that official
to levy the bullion tax.
From the claim now known as the
Matilda, situate In West Camp, and
owned by Thos. Rockhill and Newt
Boyd, twenty-six sacks of ore ex-
tracted yielded 81, 200 per ton, which
is, perhaps, the best record made by
any mine In the camp.
During the time the Chairman mine
was worked by Messrs. Lyons, McGlll,
Mcomie and Underhill, they operated
the little mill on an average of three
weeks In month, handling from $50
to 300 tons of ore in that period, and
their average returns from that guam
tity of ore amounted to 81 900 month.
These are unvarnished statements,
and 1t would be foolish to argue that
there are not unlimited quantities OF
ore just as good remaining in the camp.
OF the silver and lead output glow
ing stories might be told, but as gold
and copper are the metals now being
sought for, it Is useless to dwell on
tho baser metals.
With regard to the immense copper
deposits now being uncovered here,
they tell their own story. Any one can
figure what values the ores will yield.
Ores carrying 10 per cent copper will
give 200 pounds of the pure metal,
which at the market price of Is 4
cents pound, means in dollars and
cents $31. so to the ton. When it is
considered that the copper ores of this
camp all carry more or less gold, the
value of the output of Ely's mines will
be better realized.