The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-13

stake with the Rush, as regards ore
bodies, location, proximity to rail-
roads, nearneSS to water and fuel
supply, and future profits in the re-
duction of the ore on the property
The HOmestake mine is now grinding
out a profit of over a million dollars
a year on ore from which the net re-
covery is from 1888 to $4.S6 per ton,
and the facts apparently warrant the
belief that the BullfrOg Rush has
tremendous advantage
Estimates as to the grade Of ore
that can be mined and milled at
profit in BullfrOg vary from $1-2O TO
$500 per ton, and the consensus of
opinion of the great mining engineers
now in Nevada who have been con-
suited on the subject is that $500 ore
will be mined and milled in Bullfrog
within the next twelve months at a
profit, and this is believed to be a
conservative statement. The cost or
mining and milling the ore of the
HOmeStake is from $1.15 to $500 per
ton. The Orc Elmo Mining company,
in the Black Hills, mines and mills
its ore. at a total cost of 96 cents per
ton. The Alaska TreadweH mines and
mills it's ore at cost of $1.OO to S1.2J
per ton.
In the Homestalle mine they are
milling 1000 tons of ore per day, and
drop 1000 stamps. The HOmestake IS
paying dividends of $1,2O0,000 per
year The company is Incorporated for
so. 100000. The par value of the
shares was originally $780, and they
sold for $1.00. The company is pay
ing dividends at the rate of Sc per
year profit annually on the original
investment of the stockholders.
When development work on the
Homestake was commenced it was
found necessary to ship supplies for
the mine by wagon and mule team 326
miles from Cheyenne. At the start
! it cost the HOmestake 81 90 per stamp
! per week for water. Water was later
! located 80 miles away from the mine
! and piped into the mills on the ground
| at tremendous expense There was no
wood at first to be had except from
| a distance of % miles.
| Water can already be had in Bull
from from a distance Of three miles,
! and is already piped into the town by
| three different companies and can be
| had at nominal cost Wood is eXpen-
! sive and brought from a distance of
| % miles. However. before the Bull
! from Rush Mining cOmpany'S ore bod
! les can be blocked out and a mil
! erected which it is expected Will be
| within half year, a railroad. already
/ surveyed and now being built into the
! town from Las Vegas, New. connect
| ing with Salt Lake and Los Angeles.
| will have been built. and two other
! railroads are at present engaged IN
/ surveying and building into the town,
| promising three roads in all within
year Low rates are promised for
! crude oil with which to run the mills.
| and the tremendous supply of wafer
| being at hand. it is believed that mill
! ing can be done at from so cents to
! $50 per ton. and ores of even lower
| value than those now treated by the
| HOmestake mills can be mined and
| milled in BullfrOg at a profit
To give an idea of the reasonable
| cost of water now supplied on BO-
| nanza Mountain the following fact is
! submitted: Water for 80 miners and
! horses is now being delivered by wa
| ter wagons at the Bullfrog Rush mine
at a total cost of $50 per month.
The property of the BullfrOg Rush
| Mining Company contains number
| of splendid milling sites, and the crest
of the mountain on which the Rush
| group of claims is situated Is at an
! elevation of 1000 feet from the desert
| flat. The center of the group is 5000
Iineal feet from the desert fat The
| fall of the mountain to the desert Ia
| such that any amount of ia lingS can
| be gotten rid of bv gravity without
cost. The sides of the mountain make
a perfect tObOggan slide. A MIL can
he erected along the west flank Of
! the mountain "a such point that wa
ter can be piped aad ore be delivered
by gravity Delivering ere by graV-
| 1tV makes the ndAulliiS q II piS'CIi-
! cally automatic.
Prof. Bailey is confident that Bull
frog Rush ore can be mined and mill
ed for as low as s1.25 per +on, proVid
ed a mill of 500 tons capacity per day
is erected This would cost S12O.O00
| and within the next so days. when
! development work will have proceed
ed aDace the ques ton Of what capa-
.city of mill shall be erected. and the
site for the mill Will he determined
upon by the directorate.
A telephone line is now being in
stalled on the west side of BONANZA
Mountain, connecting the Bullfroe
Rush Mining cOmpanv'S works with
the town of Rhyolite. half a mile dis
tant. which is the metropolis Of the
Bullfroe Mint" District
Future Mine Development.
Future development work on the
Rush property includes the immediate
! sinking of a shaft on the Index claim
at a point 1.500 feet from the ground
company This shaft Will bs
sunk or the Denver vein anC
within the next ninety days viii pen
citrate the same depth as has nov
been obtained on the Denver vein OIL
BuIIfrog Denver Mines Company
ground. The tunnel work on the Den
yer vein on the Index claim will b.
continued. and the tunnel work OF
: the Rush claim will be continued
{ Shafts and WINES will be i'm
medfately sunk. This VIII fur
Their demonstrate the continuity o
l the ore bodies. and is expected to re
= veal an increase in ore values a
I depth is obi ined.
! Comparisons.
The following conclusions are ap
! parent:
- First-No other property on 30
- nanza Mountain In Bullfrog ha