Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-03-24
MOUNTAINS
GREAT PRODUCTION
ESTIMATED THAT CAMP WILL,
PRODUCE $1,25O,OOO
NEXT YEAR.

j. R. Davis, one of the heaviest
owners in the Round Mountain Min
ing company, and also it's president;
Vice President J. P. Lotus and ]. P.
Sweeney, a director, with Fred Sic
bert, noted mining engineer and
former superintendent of the Tono-
pah Mining company and bTother-in-
law of Senator T. l.. Oddie, visited
the camp during the week and made
thorough inspection of the wonder
full Sunnyside mine, says the Round
Mountain Nugget.
incidentally they took back with
them the result of two-weeks' clean
up from the mill which amounted to
S14,43O, extracted from little over
1000 tons of ore, the whole mass go
ing through the mill being somewhat
better than $13 per ton.
Mr.. Lotus said: I'VE have been
putting through about IA tons of ore
every "a hours but during the next
two weeks we do not expect our out
put will fall below so tons per day
During the following 80 days ar
rangements will be completed to in
crease the mills capacity to 100 tons
daily. which will mean a net daily
yield after all mining, milling and
incidental expenses are paid of $35,
900 per month.
You are at liberty to quote ms
as saying that after the next thirt!
days when the mills and project!
now nearing completion are added t.
the facilities we now have for turn
ing out bullion and with the remark
able extraction of gold which thu
hydraulic is doing that Round Noun
tain will yield during the next twelv'
months $1,250,000 and when tn
mills which are contemplated be
come assured this figure will be ma
terially increased"
Mr.. Sweeney, who has visited tn
camp many times in the past, be
lieves that Round Mountain has tn
making of one of the best camps i
l Nevada and one which will be pei
: manent and hold its own with an
. which have been discovered in NJ
vada. Mr. Sweeney said: II hav
0 just returned from visit to Sa
0 Francisco, and Round Mountain, I
use sporting term, stands 'ac
high in the estimation of the brol
ers and investors of San Francisco
Mr.. Siebert, who is making a II
port on the various properties whic
\ Messrs. LOTUS and Davis are int
\ ested in, was astonished at the VOL
derful richness of the camp and II
progress which had been made
Mr. Davis, in speaking of the pro
o erty, said: I'VE are grinding out IL
Il ore day and night in our mill al
we have several lodges, one of whiC
was uncovered within two feet of Il
d surface. We have today we'll d
N fined ledge with strong walls at
depth of over 400 feet. The valu
and size of the ledge continue to |
h crease with depth and at the $50 70
It level our ore body measures 20 fe
in width. To all appearance the di
trict seems to be veined with a ne
or work of lodges which run in eve
direction. In my opinion Roul
Mountain has the making of one
III the best camps in Nevada and it
It, today the cynosure of many caste
ne eyes and eastern capital is seeki
IL investment in that section"
e. The management of the Rou
Mountain Mining company ha
never sought publicity and have
. ways maintained policy of str
nd conservatism. There are only 20
10 900 shares of the stock on the mi
n ket and the 100000 shares of tre
ury stock will never have to
- touched.