Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-06-29
TONOPM'S FUTURE
Is NOW ASSURED
MINING EXPERT VISITS THE
GREAT MONTANA
TONOPAH.

sIf every mine in Tonopah were TO
peter out. an impossible thing to
contemplate, with the exception OF
the Montana-Tonopah, that mine
alone would keep this camp going
for the next twenty years"
These were the words of Fred w.
Bishop, mining expert and stock
broker of San Francisco. Mr.. Bis
hop is a member of the San Fran
cisco Stock and Exchange board, and
in with A. P. Forbes. mine
operator and mining engineer, IS
making the tour of southern Neyada
for a personal inspection of the mines
and properties. Both went through
the Montana-Tonopah yesterday and
also made an inspection of the mill.
"Montana-Tonopah is surely Il OF
the greatest mines | have ever seen,
was the comment of Mr.. Forbes, and
I suppose that | am the last man in
the world to enthuse over mining
properties. The men responsible for
the work are to be complimented up
on their skill and thoroughness. Tor
there never was a better job OF I'M
derground work anywhere. The mine
will have a wonderful production
Il have worked on the mother
lode" resumed Mr.. Bishop, and the
Montana-Tonopah is as great, If not
a greater mine than the Utica The
mine here has two lodges which ere
equal to the great ore zone that made
the Utica one of the greatest mines
in the world. The oxide ledge of the
Montana-Tonopah is greater than
majority of the lodges OF the
q mother lode, and the sulphlGe VEN
is as great, and is showing vel!
strong IT'S feet from the apex. AM
another thing-you can mine ant
!. mill the ore Of the Montana -Tonotal
:, ai.aos, as eheaply as that Of tn
moa,er lode.
"Tonopah is a wonderful camI
| and the people here have no caus
to worry about the conditions an
). the future. If we forget the grea
Mizpah, which made the camp, an
leave out the West End and tn
other big properties; in fact If ever
! mine in Tonopah were to shut dow
but The Montana, when that mine
being operated to the full capaci
! of its production, it would be su
= ficient to keep up and support tn
= camp for at least twenty years
come.
This is not conjecture; it is
!, statement based upon facts and e
perience. The Utica mine in Ca
fornia alone supports a population
i 4O0O. When the Montana is runnil
in full blast they will employ the
between five and six hundred me
~ Take four people as an average fal
lily and you have right there mo
than 1000 people directly support
by the mine. And this is possit
with the ore averaging only $12
"A ton; but there is no doubt that mi
- of the ore will GO far better than I
~ figure | have named.
ar This being true of Montana-T'
.ov opah, what then is to be said OF
future of the camp with all the pr
critics going. A mining camp
In three periods. The first is the DO
of period which dates with the disc
ra- cry; the second period is the 81
ra- development, which tries mems sol
and makes pessimists of many wi
awaiting the production which is
;ac bring the dividends. The third
bis iod is where the mills are work.
arc where the production is ASSN
eEe where the mine is on the same Fl
100 ing with any other industry,
No where the dividends are being p
hot "Tonopah is in the third perioe
~ predict that the day on which
and stamps first drop in the Monts
Tonopah mill, there win be a rev
an not only in the Investment securif
but in the speculative as well.
tho one will doubt that Tonopah is
gseat investment center, but whe
! "a is known what is being done
do Montana speculation will be
along the strike of the ledge. Tn
1ant. the period for which San Franz
are is waiting for. Tonopah just no
ions suffering as is every other part Of
that country, from the general del
$50 sion; but In my opinion we will
oved one of the greatest REVEALS W
rs two or three months that this c
try has ever known"
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. of AUTO RECORD BROKEN.