Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1906-07-14
Will ERECT A LARGE SHELTER
The Shelter Will Be Located in the Valley
Between Eden and Reyeille.

smelter at a point suitable and con-
~venient to all the properties owned by
the corporation. The smelter will be
located in the valley between Eden
and Reveille about five miles from
Eden and seven miles from Reveille.
At the Reveille lead mine there is at
present about 5000 tons of ore already
mined on the dumps, with at least
SO, 600 tons blocked out in the mine
which can be taken out as soon as
required. To this is being added the
tonnage opened up by development
from day to day. This ore, when
treated by a smelter on the property,
should yield to the company $35 per
ton, net. This lead ore, aside from its
assay value, has an additional value as
a fiux, necessary in the process of
smelling the silicious ores, which
abound in Nevada. One ton Of the 80
per cent lead ore from Reveille which
carries 80 ounces of silver, would
reduce about five tons of the high
grade silicious gold and silver ores
from Goldreed, Eden and the other
properties, SO that the corporation, on
each six tons of ore mined, would pay
transportation charges on only 600
pounds of bullion instead of on six tons
of crude ore as at present.
When the properties of this corpora
ton n fully equipped with a smelter,
hosting plants and compressors, which
will be necessary, the present develop
ments at Goldreed, Eden and Reveille
are sufficient to pay 10 per cent divi-
dends on the capitalization, to say
nothing of the future developments of
these and other properties owned by
the company, and any that may be
acquired by location or purchase from
time to time.
With $500, 900 in the treasury the
corporation will be able to do all that
is necessary to equip and operate its
properties in a modern and economical
manner, and also to take advantage Of
any new finds that may be made. The
corporation has the assurance of Sena.
tor w. A. Clark, who is just complet,
ing his railroad into the Bullfroe
district, which will be continued t.
Tonopah, that he will extend the SAM
line to the Reveille district and on t.
; Ely, al o o as he can examine tn,
mines and be assured of the tonnage
Railroad Valley which is just east o
| Reveille and extends south to Goldreed
e is the natural outlet for the Western
4 Pacific railroad via Ely to BuIlfrog an,
c Los Angeles. With the many railroad
T now building into the mining district
, of Nevada, there is very little doub
n that in less than two years the Nevadi
e Smelling & Mines corporation vii
+ enjoy the advantages of railroads +
d all of its properties.
The corporation to be an exploration
and holding company. One of tn
/ principal aims of this corporation asid
from operating the rich propertie
!, which it now owns, is to take advan
e tage of similar opportunities which ar
d bound to present themselves in tn
e future, and are even now appearing
d Up to the present time by far tn
greater portion of this vast district ha
remained UNEMPLOYED, and the POSSIBLE
ties for a properly equipped develop
e ment, operating and holding compan
g such as is the Nevada Smelling 1
Mines corporation are unlimited. TIL
New York office is in charge of tn
Assistant Secretary Adam Underwood
9 who was for a number of years privat
a secretary to Senator Clark.