The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-28
ELY CON. LETTER.
Company Sends Out Interesting Docu-
ment TO the Stockhoiders

President Walter G. Filler of the Ely
Consolidated company has sent to the
stockholders an interesting history of
the company and Its present affairs,
which is of value 10 all Salt I.akers
who have interests in this organization
In part this communication is as fol
lows
Only two short years ago Ely was por-
trayed as a low-srade concentrating ore
field. where all the mine products would
have 10 have the silica washed out be
fore they could be smelted. When the
bonds were sold TO build the Nevada
Northern railroad. the wise men meas
ured up $40, 900 600 net profit. at Is
cent copper, of this character Of ore.
which was the attractive proposition that
first hoieted Ely into prominence. To-
day the great Ely copper belt gives most
positive assurance of yielding almost as
much wealth from its high grade. direct
smelling ores as from It's concentrating
products. Anyway, The notion that the
camp Is simply a big. mammoth low
grade concentrating proposition is proven
TO be emphatically untrue.
The brief summing-up of the present
status OF the Ely copper belt throws de-
sirahle light on the worth of Ely Con-
solidated Copper company's territory.
With the exception of the combined Ne
vada Consolidated and Cumberland Ely.
which practically form one big company
under the control OF the Smelter trust
and the GirouX Consolidated mines. no
company In the proven main central cop
per pell mas rs large an area as tne ElS
Consolidated Copper company. embracing
452 acres in one compact body Not only
is this true. but our ground was acquired
at n time when we had the pick and Sc
lection outside of the old original com
panies by men competent TO take ad-
vantage of existing conditions. In light
of development achievements Of the past
year. we are more convinced than before
OF the worth of our territory. and were
the work TO be done anew there would
he no changes of moment in the territory
rounded out.
A characteristic gossan and quartz iron
outcrop which stands out prominently.
is an unfaiing Index OF copper values
below, throughout the district. Such ia
vorable exposures are found between the
Zach shaft and the American shaft. In
the early DAYS of the Ely district. between
these workings, profit paying gold mining
was carried on. as is evidenced by the
extensive excavations and dumps. Like
cropplnss elsewhere led to the uncover
ing Of huge copper ore bodies. when the
horizon of unleached porphyry was pene-
trated, at depth In the porphyTy from
60 feet 10 l0e feet or more. our explora-
tons in these shafts. and also in the
Brilliant shaft, have fully come uD to
anticipationS. The most recent ore eX-
posed in the Alpha shaft workings of the
GirouX Consolidated mines also tends TO
prove the existence of a strong east-West
zone of irect-smeltins ore. on line with
the Brilliant, American and Iack shafts.
which The croppinSs and old workings
just spoken of locate. Undoubtedly, in
opened a huge Zone of high-grade ore,
south of which are large bodies of con-
Centrating products OF corresponding en-
tent and values to those blocked out in
the Ruth workings of the Nevada Consol-
dated, adjoining cur ground on the north.
Unooked-for set-backs have delayed
getting our hoists Installed and our build
ngs erected. for it has been mex; 10
impossible 10 have lumber and supplies
delivered. In this regard conditions are
mending. All acquainted with the camp
agree that General Manager and Super
intendent Jcldness is the right man In the
right place and that he has organized a
splendid staff Today telegram is re-
ceived from him as follows: Showing i'll
Zach and Brilliant particularly fine, En-
larging Zack shaft, good progress In the
American and Brilliant shafts. Buildings
completed. Feel stronger than ever of ul-
innate outcome Those VINO knew Mir.
Jednesss extra conservatism will read
Of Christmas glad tidings in this message
by wire.
In the near future we will make publlC
details of important negotiations, now in
progress. which will assure the treatment
OF our ores at minimum cost. Matters
have so far advanced that this statement
is not premature.