Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-04-14
.TONOPAH The
GREAT PRODUCER
MILLS WILL BRING 10 WORLDS
ATTENTION IT'S MARVELLOUS
RICHNESS
A dispatch to the San Francisco

bring this camp forward as n Of
the worlds greatest producers. The
outside world, perhaps, has not kent
In touch with the progress OF Tono-
pan, and the reason is that there is
nothing here to advertise, the ma
Jority Of the properties being proven
mines.
At one time it was a question as
to whether the mills were going to be
a success; it is a question no longer.
The record of the past week will an
swer all questions and eliminate all
doubt. The Tonopah Mining com
pany,s mill has been dropping on an
average Of ninety stamps, and will
soon be dropping the entire hundred.
The Midway mill has been letting fall
ten stamps.
The average of the Midway has
been 300 tons a week. The average
being $25 a ton; that Of Tonopah.
300 tons a day. The ore that has
passed through the big mill was sort
ed to a value Of $50 a ton. In addi-
ton to this they have been sending
out to the smelters and to Virginia
City 1000 tons a week which will
average not less than $55 a ton.
The production Of the mills and
the shelters has been at the rate Of
more than $4,000, 900 a year. When
the mill is running in full blast, the
production will be brought up to be-
tween $10,O0O,00O and $12,OOO.O0O
year; and there is enough ore
blocked out in the mines to keen the
mills and shelters going for seven
or eight years.
This will make a fine dividend
proposition for the stockholders Of
Tonopah, New, 1t viii mean at least
$6,O00,O0O pr $7,OOO,000 a year or
100000 a month, to which average
the company is nearly up to at pres
ent. The big company has just paid
a dividend of 25 cents to which is
added 10 cents extra.
Tonopah Extension is fulfilling the
promise of the early days of the
mine The fault which occurred sew
eral months ago has been corrected
n Extension is into another big ore
body. The ore body faulted 1850 feet
west of the main shaft on the 400
foot level, and it was thought that It
had petered out. General Manager
kirchen began investigating matters.
and determined to go north. He went
only ~ feet and found the ledge.
widened out to forty-two feet.
OF this vast lead eight feet will
run from 500 to $3.50 without sort
ing, and the rest of it will 90 from
$15 to $50 and $40 a ton. They
are now stopping from the 4OO-foot
level to the surface and Tonopah Ex-
looks like one Of the biggest.
If not the biggest, mine in the camp.
Then there is the Belmont, which is
as far east from the Mizpah as Ex-
is west from it. Belmont is
a big mine. They are now working
the 1,l00-foot level and the ore
body has been thoroughly proved
from the 600-foot level down. The
ledge is from twenty to seventy feet
between walls. From this point
Is being taken the highest grade ore
N the camp. 1t will run, as it goes
into the car, 800 a ton, end this is
he character of rock that is being
without being sorted.
Belmont will have it's sixty-stamp
mill completed by June /, and then
is production will be something to
ak about. The regular 10-cent div
dend was paid this week.
West End is another mine which
S developing into one of the big ones
# the camp. A double-compartment
haft is being sunk 500 feet west Of
he present shaft and a prospecting
haft has been started 600 feet west
4 this. The new working shaft is
own Axty-five feet, and It will be ex-
ended to a depth of 400 feet before
rosscutting is begun. The reason
or this is apparent
On the 400-foot level, 400 feet
rest of the present working shaft,
hey are stopping on the ore body. Tho
edge here is 112 feet wide, and Of
his forty feet runs on an average Of
20 a ton. The remaining seventy
wo feet will go on an average If
20 a ton.
In addition to these big showings,
are strikes in North Star aud
Lontana Midway Extension, which
re pronounced of the biggest in the
imp. Montana Midway Extension
as declined in the face Of the big
but there is a reason for this.
0me people who held pretty good
inches of stock unloaded them on
lie market, and the insiders ran
own the price to get in the stock.