New-York tribune., 1907-09-30
NOTES FROM THE MINES.

neetins o. the board Of directors Of the
.>4.puron Smelling and Development Company
-. ., .f,s city last week the detailed drawings,
..c.acatjons and general statements covering the
.,s.-uct;on Of the zinc oxide plant for the com
- es Canon City. Col. together with the con-
,xr.s for the site, coal supply, railroad transpor
.,,s,, etc were carefully considered. and the ez-
,.;,e officers were euthorized TO contract for and
construct the plant according to the plans SUB
-..es and complete the at the earliest pos
r,s 6are Robert II. Bull. who viii have charge
- gre plant viii leave for Canon City IN few
.srs TO begin work the foundations The value
~ the zinc lead OF the Kelly mine have been
sound TO be SO high and the demand for zinc
o.,de SO great that it is estimated that the irl-
sallion company VIII earn on the first @ section ot
the first unit, as designed, close 70 S5o0o99 year
n a9c, Ia tb cor9any purposes to arrange
esriv date for the placing Of the order Ior tWo
eonpany viii show net earnings of si6ooooo an
nusly- These figures are nased Gpon F t4e - Ke1I-
H;ss Hs8s of the o0'nPany' 0"h ores -'0'H '-''
-rs perist-ar and Transfer Company. No. IS Mas
xsu street, has been appointed agent OF the Lion
HnI Consolidated Mining and Milling Conpany-
TIE stock Of this silver mining property. which
has over 80 per OF its shares held In the treas
INV will be quoted the curb II the near future.
The company consists Of consolidation of the
Northern Light property. capitalized at ooo;
the Chloride Point property capitalized at SJoop.
sud the Columbia Mining Company capitalized at
100000. The entire CAPITAL stock Of the new com
fSe property has produced far at the rate Of
So0 month. but it is stated that larger force %
therefore be much larger in the near future
DR.. Banks. Of Ricketts, & Banks. Of New York
City the rnetalurgists. is preparing special re-
pert on the extraction OF metal values from the
ores Of the Cobalt district The report viii deal
largely with the ores Of the Cobalt Central mines.
Of which DR.. Banks has made special study in
exhaustive tests which were made at his testing
works al Waverly. " J.. last spring, in order TO
adapt the machinery built for the Cobalt Cen
trals concentrating plant 10 the peculiarities Of
The Cobalt The entire concentrating plant
which has since been erected ct the Big Pete
mines temporarily set up a. Waverly, and
several carloads Of the different grades OF ore
from the Big Pete shaft were run through the
machinery. with view Of making the greatest
ssFing OF values at minimum OF expense. IN
;nents and the results obtained therefrom. Il is
said that Dr. Banks's report will show q saving
Central ores After the completion Of the tests the
machinery was shipped TO the Cobalt, and has
about ready for operation
new German percussion table which has
proved very effective abroad in the treatment Of
shines. been shipped TO the Old Hundred plant
Silverton, Col. where K VIII be installed in con-
junction with the new machinery that is being set
Up IN the enlarged mill at the mine portion OF
s lstea 9e hat Sn f is IS SHOWING sI1E IN re-ka - sTE @ !; 6f a
values. A telegram from the Old Hundred mine
etates that the main east drift the big No.
vein has been extended 100 feet east from the
crossCpt tunnel, and has cut in this distance five
great ore cfUtes. Some Of the is said he the
rchest that has Vet been encountered IN the de-
veloprnent of the OLD Hundred mine.
z B Everhardt mining engineer for Ricketts, &.
Banks. who is in charge Of the operation OF the
Hsrson Consolidated Silver Mines at Port Arthur,
reports the officials Of the company in this city
that shaft 10 is now down 10 the $50 foot level,
and that the vein is holding its N width. while
she ore IS becoming richer, assaylng much higher
IN silver and showing traces Of gold The work
Ina other veins Is also showing Up well n the
matter Of richness and quantity.