Amador ledger., 1903-05-15
LOCAL MINING NEWS
Notes From Amador County Mines.
Central Eureka Pays Dividend.

SOUTH EUREKA. an idlenes
of several months, the twenty staml
mill was started up this week, on ore o
better grade than has been encountered
for long time.
KENNEDY.--Seventy stamps are KEEP
steadily at work at this mine. 1t il
expected that 10 more will be started
shortly. The new hoist is being push
ed toward completion as fast as possible
All the new boilers are in place. An
other six weeks or two months will M
doubt see this mining machinery-by
far the most costly enterprise of the
kind that has ever been attempted in
Amador county--in active operation.
EMMoNS.-J. Cranmer of Pine Grove
was in Jackson Monday and disposed
of the cleanup of about tons o.
rock, test crushing from this prop
erty. The result was a trife over
81 ounces of gold, which sold for SIG. sc
per ounce. This average yield was
within fraction of $40 per ton. The
rock was taken at depth of about sc
feet from the surface. There is a
strong vein, over six feet thick, and
assays from the entire ledge show a
value of between S. and Sc per ton.
The Cranmer brothers will go to work
and take out some more rock, and in.
tend to move their mill from Elsie
creek to the property should the pros.
pect continue to be favorable. The
mine is situated about quarter of a
mile in the rear of the Pine Grove
hotel property.
CENTRAL EUREKA directors
meeting held in San Francisco Thurs
day, May I, w. J. McGee was elected
director. A dividend OF two cents a
share was declared, which means $4,000
TO be distributed among the stock
holders. Everything at the mine is
running smoothly under the direction
of superintendent w. R. Thomas.
From the annual report of this COM
pany just issued we take the following
interesting items: During the year
1855 tons of ore were milled, against
q, 1856 tons for the preceding year.
The shaft is 2l00 feet on the incline,
with the ore body showing strong at
the bottom. Most of the ore worked
during the year came from the 1900
and 1000 foot levels. The cost of min
ing and milling for the preceding year
was $4.47! per ton, while the record
for the past year shows the total cost
at less than So per ton, which speaks
volumes for the management, especially
when it is considered that the ore had
to be hoisted from greater depths than
the previous year. Following is an
itemized statement of the operations
for the past year;
Total ore milled during the year. . AZ, ,545 tons
43 545 tons ore yielded in free gold .s2lS421 II
,2s3s tons of sulphurets yielded. -. 4s,4S1 So
Total ....................... .ss6I, ,0os 90
Average value in free gold per ton. $49Ol
Average value in sulphurets per ton. LIB
Average assay of tailfEgs per ton. .4S5
Actual value Of ore. ................. $6.4e9
Average net value in free gold per ton 1896
Average net value sulpurets per ton .S65
Total net value, after deducting cost
OF refining bullion and reduction
of concentrates s.................... S5.741
Quicksilver fed inside batteries .... I6, ,492 OF.
Average yield per ounce OF quicksilver
fed in free gold Observation-Disclosures. SI1 40
Amalgam cleaned up. up.................. 33,612 OF.
Average yield per ounce of amalgam. s6.3l4
Cost of mining per ton s17s5
Cost OF development. ........... .519
COST OF milling g................. 400
Total cost per Observation-Disclosures. S2SO4
Bullion produced to date $685., ,527 A
Dividends paid to date ...............1 1899 IS
Dividends for past year ar..... S7657 OF