The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-11-25

| JONoDah-W, ii. . Neill =. Il. hCun6
well. Sherman b OIdfather.
identical in character) and perhaps [
was little over-cautious in making
the presentation. / had made couple
of hastv runs over the camp and my
impressions were very favorable and
my report was appreciative but had
no time to make a study of it and my
estimates were more reserved than L
would now make-very considerably so.
| have lately been down there again
and made a. brief study and 1 can now
speak with confidence-almost | may
say with complete confidence should
say with absolute confidence only that,
as to the ultimate source of the vast
ore bodies and their probable perma.
nency, 1 want to study the geology of
the camp a little further before com
mitting myself. I believe that [ un-
derstand the source of the copper cor
rectly already, but | want to feel more
confid dent II the source prove to be
what / now believe it TO be the char
acter of the camp will be placed be-
yond doubt or cavil-rendered abso-
lutely unassailable.
| Yerington appears not to be as large
copper deposit as Ely--not more.
| quarter to third the size, think, but
on the other hand the average value IS
about twice as high, and the biggest
mine in the Yeriugton field, the Nevada
Douglas, is at least as big as Ely's big
gest, the great Nevada Consolidated. j
| think it is even bigger-in fact know
it is. 1t has as large a tonnage III sight
as the Nevada Consolidated and the ore
will average considerably higher.
Neither of those two great mines has
vast tonnage definitely blocked out IN
the strict mining sense, but both have
stupendous quantity sufficiently re"
vealed to be calculable and dependable.
The Nevada Douglas is largely steam
shovel proposition when 1T comes TO
ment scheme. were completely worked
out and ready for operation it could put
several such shovels TO work and keep
them working indefinitely. It's topo~
graphy renders it q remarkably easy
proposition to attack with steam show
els, as there is no over"burden 10 re-
move. It is true TO say that the prop
erty contains mountain of ore, but
all of the mountain IS certainly not ore.
The Nevada-Douglas is not by long
shot the richest mine in the camp and
[ am not by any means sure that IN
the long run it is going to prove the
greatest, but 1t is q very great mine
the second, certainly, from present in
dications, in all Nevada, and / think
entitled Iduk even u
the great Nevada Consolidated of Ely,
which / have heretofore regarded as
clear and away the first. The richest
mine at Yerington is the Ludwig; but
1T is very small property single
claim, I believe-owned in San Fran
cisco. 1t is the only mine in the camp
now shipping, though 7 behave every
mine il the camp has shipped more or
less and every one has considerable ton
mage of shipping ore in the slopes. The
shipments OF the Ludwig, am told. run
from 90 to 80 per cent copper, but ] am
una BILE to say what proportion of its ore |
will run so high. This property side
lines and endlines claims of the Ne
vada Douglas group, but the latter has
not yet developed such rich ore in
quantity. However, the best ore it has |
at present in sight runs Is per cent and |
lies about 600 feet below the apex of |
the property on Douglas hill-not a bad |
indication.
Nevada-D Douglas Tonnage.
The Douglas, I understand, embraces
be inferred that all OF that is miner
allied up to pay values. It certainly is
not ! doubt that half of it carries pay
values-at guess | would not like TO
estimate the pay ground at above
quarter of the whole, but even so little
as that assures a tonnage IN view of
the proved depth practically 100 feet) |
the present price of copper there is GER
talnly dependable net profit of many
millions III the property for its owners,
who are all Salt Lake people, J under
stand In fact, six of the eight great
so far developed in the camp
are owned in Salt Lake. They will make
and multimillionaires Of a
1-11 &Iok
are exhausted in a hundred years of
operation.
The Bluestone of Yerington, which is
a very great property, is owned by the
boldest operator of the age, Captain De-
lamar, formerly of Colorado, but now
of New York, and owner of the mine at
Cobalt, the stock Of which is selling at
the rate of over sixty millions for the
property. But even that dizzy value is
a small sum compared with what the
Nevada Douglas Will be worth if it de-
velops up TO present indications, as
confidently believe it will. The Dyer,
the Mcconnell, the Malachite, the Craig
and the Spragg mines of Yerington are
all properties of considerable extent and
OF great promise and all are owned in
Salt Lake. The Blue Jay on the east
side OF Walker river is also owned in
Salt Lake and every one of these
(every one without eXception) has been
acquired since last winter.
For year and a half T have been
the copper indications in Ne
yada pretty closely and I am satisfied
that IN the not distant future the State
is destined to take rank as the greatest
producer of the red metal in the world
Ely and 9erington developed to their
assure IL that position, but
Ely and Yerington are not the whole
story Of copper in Nevada. bv any
means. FITZ-MAC