New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-01-21
MINING NOTES.

The arst stamp mill and concentrating plant IN
the Cobalt mining region is being installed by
the Cobalt Central Mines Company. The naohin-
cry ordered week ago, and part OF 81 has
already shipped. IL Is expected be in oper-
alton within thirty days The machinery IS for
temporary and has daily capacity Of only
hundred tons The permanent plant will be Of
greatly increased capacity. The machinery now
being installed consists Of large Blake crusher.
5in self-fsedeTs. roughing rolls, revolving
screens and gigs A large portion OF the gig prod
ucts VIII be native silver. which viii be melted into
bars and shipped bullion This wiz be the first
silver bullion shipped direct from the Cobalt
camp The other products VIII be shipped as con-
centrates. An enormous saving VIII result from
the automatic handling OF the and its ship
.nent in concentrated form The plans for the
chinery laid out under the direction OF Pres
ident Howell HndsL who has had a wide expert
snce as a mine operator IN Colorado. Alaska ana
IN Mexico.
" II Hoagland, ". T. Mitchell ana z. 3. Tus-
tin, Ulcers Of the Nevada Copper Mining and
Smelling Company have left this city IN a private
car with q party OF large stockholders and other
capitalists 70 inspect the properties OF the COM
pany 81 Nevada While az Goldhed they VIII
probably select the site OF their smelteFs work on
which Is 10 be begun this year.
In the prospecting work done the Walker
lake property Of the Nevada Copper Company the
sight-foot vein has been found 20 assay average
Of 30 per cent copper for the first eight feet from
the surface which is al that has been uncovered
FAR The showing is so good that the company has
decided 20 begin sinking e shaft ana blocking out
ore immediately. without further prospect
The Colonial Silver Mine reports that Its E0uth
tunnel has now gone IN ia feet, the north tunnel
lEs feet and the west 81 feet. Considerable ore ia
being sacked and the values are increasing as the
veins approached.
telegram from the manager Of the BatopIias
Mining Company, received az the New York Office
q the company says: yield for week ended
January - $4,000 ounces. San Antonio foot wall
vein continues 70 improve. caEnuehin yielding 200
ounces a day. Above Penasquito Tunnel level IN
Iooos Santos mine northward vein IN good eondi-
ton, carrying light silver"
The Ely Consolidated Copper Company is Install
ing at its Jack shaft hoisting plant that will
permit the sinking % this shaft at the rate OF
hundred feet a month. AZ the Brilliant shaft the
sinking IS through the same formation that Was
sneountered IN the Ruth shaft Of the Nevada Con-
taidated. The poEphyry being raised from this
tAait carries carbonates OF copper OF high grade
&c Is meeting the most sanguine expectations OF
The American shaft IS now down .Ss2 feet end
conditions are fully Up 20 the anticiDauons OF me
Recent developments IN the Ely copper field an
beat 70 increasing richness IN copper valnes s 81
eth Is attained and the district is now taking lts
set IL the ranks OF the high grade copper camps,
Vel as maintaining It's reputation Ios Ils1 1is
sS q any copper mining district IN me woIlo,
q ne Penn wyoming Copper Company. the works
~ which are at Encanpment, wye, says; alS
Enough ore from its own mines e on hand to Q
~ me s9elteF running a6o9f eis sr5n u he
Portland copper mine, which are counting on
furnish US from seventy-lVe 10 hundred tons
Gay % good copper as we can e&lene
~ ramWay into that neighborhooo rms, !
.t.nk, VII De about the end OF May. In the mean
.fne such ores as take from the Portland VIII
ssEs % be teamed 20 our tramway' about TWO ana
hat miles distant"
lhs Venture Syndicate IS a corporation which
-ek Just been Organized under the laws OF New
.eiE 70 manage, finance and cooperate In me le-
sepEaent OF proved business. Industrial ara mining
snlefprlseE. its capital consists OF sAOoOoO' ].
sasfeS % 81, 900 each AL OF the stock IS owned
" group ~ men representing various suDstan-
va business and financial interests, and no STOCK
= Aelo outside Of this group, nor wll any % ~,
49, iof SAFE ~ lG announced. fAiYlS HlL1t4el-e
tsa9rrces Cor putting through large undertaking g
Ahle been provided ia the ORGANIZATION OF inc
eoltany The board Of directors has not been
yAl.eted, but far made UP ~ as roll92ys;
= t--apman Of =. r. Chapman ~ Co. Wlillala
= t1fnett, president Of the Long Island city say.
Hst Bank; George y. Hmrd OF the law nrs 81
Tleese & Hurf: John J.. Watson, president q me
SSoeglss Mining Company ana vice-presioent OF tns
<ss.k y Portsmouth, Na- and john AOoeys pfesi-
W. o. ne Moody Corporation.