The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-02-29

There il no question but what the
figures quoted are decidedly low In 20
far as they would apply to the future
gold output of the camp. BY this 10
meant tina each of the three milling
plants now in operation IL to be in
creased in capacity at once; OF neces-
sity such increase must result In an In
crease in gold contents in ratio with the
increase In ore reducing facilities. As
an example in point. the plant Of the
Manhattan Ore Reduction q Refining
company Is now being doubled in ore
treating capacity by the installation Of
two more 5-stamp batteries; presently
the company will have 2o-stamps In ac-
ton with the result that the plant VIII
be turning out gold to the value OF
$50. 900 every thirty days. Allowing
thirty lays time in which 10 place the
additional machinery. the plant VIII yet
have nine months of the present cycle
in which to produce $4,000 worth OF
gold every thirty days. or a total Of
$3.50. 900 worth for the last three-quar-
tiers of the year. Jumping the value OF
the ore treated during the first quarter
at $50, 900, and eliminating any tim
on that turned out during the second
quarter, the plant viii have reclaimed
$500. 900 worth Of gold during the pres
emit twelvemonth.
OF equal importance and significance
in its bearing upon future bullion pro-
| duction from here is the announcement
that the plant of the Nevada Milling Il
Ore Purchasing company Is to at once
be increasing from 10 to 40-stamps;
with the object of arranging for their
installation General Manager Lemon
leaves for Philadelphia within a few
days where he will take the matter up
in detail with his associates in the en-
terprise. That the plant will be in
creased in stamping capacity to the ex-
tent mentioned is assured. but 1t Is nee
essary that the matter should be one
thoroughly into, hence Mr.. Lemons
trip east. An increase to 40-stamps
means that this mill will soon be grind
ing out $780, 900 worth of gold per
month. Allowing that 1t will be July
1, before the additional batteries are In
action. there will vet be six months OF
the present year in which to make
monthly gold shipments of the value
mentioned. which would credit the plant
with a production of 81 1000 900 worth
of bullion during the last half of this
year. Estimating the ore treated dur
ing the first three months of 1908 as
having a total value of $4,000, and
eliminating any estimate on the value
of that produced during the second
quarter of the year. the plant will have
reclaimed 81. $50, 900 worth of gold ny
January 1. 1909. The w plants will
have produced bullion to a value of
81. $50, 900 at the close of the present
year.
BY doubling the ore 'reating capacity
of the plant Of the Canyon Milling COM
pany of Mania stan II will be in position
to reduce 80 tons of ore every twenty
four hours. or 2.400 tor per month.
Estimating this ore to have an average
value of $40 gold the ton and that 1t
will be July I before the plant will be
in shape to reduce the quantity Of ore
mentioned. tbs mill will have handled
ore yielding s2ss. 900 worth of gold be-
tween that late and January I. 1909.
r, ,imating tina It will reclaim gold to
the value Of $4,000 during the first six
months of the present year its total
production of bullion for 1905 will be
$3.50 900. Allowing a bullion output
We rth s72. 900 FOR the year from the soon
to be started plant of the Manhattan
Milling 4 Leasing company. the -four
mills of this camp will produce gold to
the value of 1850, 900 during the pres
ent twelvemonth.
In making the foregoing estimate a
fair margin has been allowed for tenn
porary closing of the various plants by
reason Of breakage of machinery and
other accidents. In each instance the
ore is estimated to have a n average
value of $50 the ton. 1t Is probable that
s25 the ton would more nearly represent
the average Of the camp.