Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-05-12
Mining and Milling of
Rush Ores.

Prof. Gilbert E. Bailey. one of the
pioneers of the Black Hills, former
Professor of Metallurgy in the State
School of Mines of South Dakota
the state in which is located the
great Homestake mine-later Super
intendent of the Harvey Peak Min
ing Company in the Black Hills, that
worked $50 tons per day in its mills,
and other experts on the ground,
with whom the officers of the Bull
frog Rush Mining Company have
consulted, all of whom are con-
versant with the history of the
Homestake, have supplied facts and
figures from which / comparison
may be made of the Homestake
with the Rush. as regards ore bodies,
location, proximity to railroads, near
ness TO water and fuel supply and
future profits in the reduction of the
ore on the property. The Home
stake 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 1896 per ton,
and the facts apparently warrant the
belief that the Bullfrog Rush has a
tremendous advantage.
Estimates as to the grade of ore
that can be mined and milled at a
profit In Bullfrog vary from s1.20
to $500 per ton, and the consensus
OF opinion of the great mining engi-
neers now in Nevada who have been
consulted on the subject is that $500
ore will be mined and milled in Bull
frog within the next twelve months
at a profit, and this is believed to
be a conservative statement. The
cost of mining and milling the ore
of the Homestake is from s1.15 to
500 per ton. The Orc Elmo Mining
Company In the Black Hills mines
and mills It's ore at a total cost of
96 cents per ton. The Alaska Tread
we'll mines and mills its ore at
cost of s1.OO to s1.25 per ton.
In the Homestake mine they are
milling 1000 tons of ore per day and
drop 1000 stamps. The Homestake
is paying dividends of 81, 100000 per
year. The company is incorporated
for So, 100000. The par value of the
shares was originally 800 and they
sold for 800 The company is pay
ing dividends at the rate of Sc per
share per year. or 6ooS6 per year
profit annually on the original in
vestment of the stockholders.
When development work on the
Homestake was commenced 1t was
found necessary to ship supplies for
the mine by wagon and mule team
328 miles from Cheyenne. At the
start 1t cost the Homestake 500
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 distance
of % miles.
Water can already be had in Bull
frog from distance of three miles,
and Is already piped into the town
by three different companies, and
can be had at nominal cost. Wood
is expensive and brought from dis
tance of % miles. However, before
the Bullfrog Rush Mining Company's
ore bodies can be blocked out and a
mill erected, which 1t is expected will
be within half a year, railroad, al
ready surveyed, and now being built
into the town. from Las Vegas,
Nevada. connecting 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 ire
mendous supply of water being at
hand, 1t is believed that milling can
be done at from so cents to $1.50 per
ton, and ores Of even lower value
than those now treated by the Home
stake mills can be mined and milled
In Bullfrog at profit.
To give an idea of the reasonable
cost of water now supplied on Bo-
nanZa Mountain, the following fact