Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-12-20
run CONSOLIDATED MERcUR.

-, -, 80.
nh. consolidated Mercur Mining com,
iny property has given u very goou
pps IN Itself during the past year
s so,S in dividends paid ana ~ ,ne
poln ~ NJ ore reserves added 10 the
amounn resources. The Golden Gate
colnVaNn awning out about $4,000 gross
mlI' - The cost Of mining and
", m ne amount Of ore necessary TO
mlhMs ss above returns Is about sSl,-
,ilsne ,ing h net profit Of approximate
wv Y, ,sS 200 per month. the average vaiue
y ' ,Se are is about 500 per ton, about
~ "a "a Going into the tailings. inc cost
h'T lining and milling has been cut
q i"' somewhat lately and so that the
. ,o,aI cost per ton is now between 70 ana
pA % no ala Merc,,r com.
i have also been made to yield fair
p u during the past year About
iS ,ons ner day have been turned into
wv wv ~ SlS Mercur mill at Manning, at a
nroat Of about "a cents per ton, when
has added between $4,000 and AooOo TO
,hs company's earnings during the
, usar Tbe total paid In dividends by
~ Consolidated Mercur properties to
a s,, amounts 10 about $4,000, 900; of this
smonnt 81 400. 80 was paid by the old
aIercur Mining company, while the
Golden Gate had yielded s6S9,sl2 up to
the lime OF ihe consolidation.
ma most important achievement OF
the wear. in the way of improvements,
has been the extension OF the Electric
tunnel 10 the Lulu workings. Tnis work
MAS begun Jan. 10, 1902. and the con-
nerton was made June 9, 1902, up to
which time the tunnel was extended l.
qeO feet making its total length l,6Go
taat Since that time 1t has been run
N0 teet further towards the Fremont
claim and two raises have been extend-
I'd 10 the vein and l5-foor body Of
base ore has been cut which carries
from 81 to sl2 per ton. This tunnel al
fords a convenient and economical out
lot for all ores In the Lulu and ada
cent working. A drift Is also being run
10 connect with the Matte workings
A good strike was made two weeks ago
in the first drift west from the Electric
tunnel about 10 feet below the Silver
tunnel.
The Electric tunnel runs under the
great reserves in the Lulu ore bodies
and Is connected with the workings
above by series Of chutes. AS the ore
Is broken, II is dumped into the chutes,
whence It is loaded directly into cars
and conveyed to the shaft by electric
locomotives. In addition to its economl-
cal features, this tunnel Is Of great val
ue In prospecting. II Is now In ore, and
Il viii be continued on its present
course, TO explore the very large tract
Of virgin territory IN the Fremont
claim. The tunnel Is large and straight,
with long side switches, In fact. al
most double track the entire distancel
Is lighted by electricity and well ventl-
lated by raises and other connections 10
the surface. The trains run directly to
and under the chutes The road Is
equipped with two 10 horsepower cleo
trio locomotives, capable Of hauling 20
tons per train, at speed Of six miles
per hour, and 81 cars OF the capacity
9f one and quarter tons each.
A new tunnel 1886 feet long has also
been driven to take the place OF the
old Saw Mil tunnel, which has been
undermined. causing II TO settle and
close This tunnel connects with the
main shaft and affords ingress to and
sgress from the Golden Gate mine. Sew
enty feet OF the main shaft, in the Col
Den Gate mine below the Viking level,
has been Strengthened and two large
ore pockets adjoining the shaft, having
4 combined capacity Of 100 tons have
been constructed.