The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-30

Ely, New, Dec. 21-Some idea of the
immensely of the prospects of the camp
of Ely, New, in which the next copper
promotion OF the l.. NJ Sullivan Trust
company of Goldffeld is to be made,
may be obtained from few figures pre-
pared by experts who have carefully
gone over every property in the camp.
BY actual measurement there have been
disclosed 80, 000. 900 tons of copper ere
that, with copper at is cents per pound,
will yield s27O, 100000. 1t is ccnserva-
lively estimated that this ore carries
gold values averaging 80 cents per ton,
which would net s15, 5000 900 more, or a
total of s2ss, o00, 600 from the ores. All
this shown in 10000 feet of under
ground workings.
That outside capital has an abund-
anee of faith i'm the future Of Ely IS
capacity Of 10000 tons of ore a day,
and a concentration that will handle
1900 tons daily. are now in course of
construction. The cost of the plants
will be s12.250 600.
/ Adjoining the Ely townsite on the
west and the townsite and the Melon
aid Ely on the east lies a group Of fif-
| teen claims that have been purchased
/ by the L. NJ. Sullivan Trust company
OF Gcldfield. These claims are to be
made the basis of a flotation early in
the new year, to be known as The Sulli-
van-Elv. The property was purcha sed
for the. company by its expert, II. w
4 Fletcher. who spent weeks in going
carefully over the ground. AMI who is
satisfied that he has acquired a bOnan-
"a for his employers. That he is justi-
fed in his belief is apparent from a
glance at a map of the Ely district.
Heart Of Copper Belt.
The property is directly in the heart
| OF the Ely copper belt. Proved mines
are all around and about it, notably the
| Chairman, which was recently takeT
over BIZ the Nevada Consolidated. And
stock in the Nevada Consolidated Is
| around so per share. The Chairman
was originally owned by w. n. McGii
and worked as a gold property. On.
evening, so the story goes, McGill die
not get home until very late. His face
was gray and drawn and his appear
anee was one of utter detection. Hi!
wife was distressed. for she knew some
/ thing of a most depressing nature haC
been visited upon her husband. AlmOs
before she could ask the question tina
sprung TO her lips, he said
I'VE are ruined. my dear girl. The gOiC
values are going out and the awful cop
per is coming in That seemed a ca
I lamity too great for words Copper wa:
of no value in that camp, miles and
miles away from adequate tFansporta
/ ton facilities. There seemed to be moth
( ing TO do but quit. Still, the work or
! the Chairman went on until tremen'
dous body of high-grade copper ore nae
been opened. And the other day ths
property was exchanged IOF rherh
that contained a long row of figures
with dollar mark ahead of them
In territory of this character the sui
Ivan claims are located. Surface indi-
cations. always the only guide IN tne
! institution of mining enterprises, are o.
the same general character that dlstin-
gIishes the rest of the copper zone
| There are outcrOppings OF monzohlte
and gossan, or iron, all carrying gold
silver and copper values. The Genera
Logan OF this group is one of the oldes
locat tons i'm the camp. In cut on TINS
claim. practically at the grass roots
there is a showing Of sixty-five Feet d
gold ore of milling value
Ore or the Dump.
/ Or the Gagnon, another of the group
there are twenty tons of ore on The
dump that run better than s65 in colo
and silver and IS per cent copper. And
1.-The ground has hardly been scratched