New-York tribune., 1908-02-03
NOTES FROM THE MINES

-. --e-ara-nsn- Of the Cobalt Central Mines
COMPANY II New York City has received a dlspatch
<o- is zrfne superintendent at Cobalt announcing
--z discover oe another new vein bearing Elsl
sslre- 1a!u=s o. the second Level Of the Big Pete
--1e = 2 depth OF 225 feet. This vein, which IS
known IS No : is q three-foot body Of high grace
milling ore with assays running over one thou-
SAND ounces 10 the ton a telegram from me %
dslr region ennOuces that the shipments o. oLe
-e-a unusually large during the week, the heaVlesL
be-g La Rose, Silver Queen, Mchlniey-DarTash
and Cobalt Central The shipments OF the I IatIeI
-e-e entirely II concentrates. The high peTcetase
~ -neal values which the Cobalt Central NH Is
ru~rt-z c1- has led many Of the other producing
mines u take up the question Of erecting conceh-
rrsri-E plants and Il is expected taat se'e1ai lev
mills Will be erected this spring. ,..
-Th= Garfield srnelter OF the American S1lelllns
Securities Company VIII soon nave q t1'e--.S 81
treating FIVE thousand tons OF ore Gay II viz
- thr largest customs snlelteT IN tle Co14ItIy
: --ee-s -Le ores Of the Utah Consolidated copper
t-o-Dna-v amounting to 500 tons a day; the Boston
Consolidated. the Utah Copper and the -He"iIous ~ S
--oUe-riez All this Is new business, as d Eea. 60 %
g. sro he srnelter was handling little Il any orc
= is figured that Il VIII noL Dc llIy i,; -
Fe<o-z che Utah Copper Company VIII o p-o
ducinE between 5ooaoooo and o7.ryo'12 l'--S I-oI
corl,e- z wear. which, added 70 11e 1aI a. -,
f5z+Az's output viii make total oI more 80 60
81 H. 90 pounds year. Il Is saIe 70 50 80
ts<,-a -Ie close cf the year the tTarilea -
., ----r or far II excess Of 1oo@@Vo
--5z - conner 2 year The sneIter mas ~
- 80 deperGtng entirely upon Gus
+o-,s or= The snlelter IS now IllaEllls pa
= - the Increased demands upon II . -.
- F7-77-r president Of the North butte
Mining COMPANY - -
- s--a-rfrg for the installation Of new elec-
- ------s 70 he used in keeping the shal.
s-o-r 7yz-zr The shaft Is now down SV t., :.
- o., <o7- level there IS q station, llA-y Ieel- "
- -of-- = cross cut. seven feet high mas OH
driver n the south. and 1fty-tP.o leSI -
sAa<- the celebrated Black Rock VEN "@7 -
re --c-Ly done al this point shows up IAe VI.
-ros- es-fs<aO-o-iIv Il lies between walls o- So
-s-t-e z7-7 2 width q fourteen feet IN Itle ioo.
- r. cross cut and sixteen ieel on l--e -.
- ~ 7-.7 IS well rlineraIlzed- The vein l-lill1s
.s ,-,s--z Vel srrnkIed with iron pyr1les' WIN n
rro1 r--irgers of copper ore, togeLheF "i't4 p--
--.-.-.-sez z-G lime Heavy black talc 1lso 7t
-Az-s Cs--1frlz values Assays OF an asela7e -
ne snow values in copper gold atlo s-i' 80 ooo
To--+ -7--ra extension Is capitalized for
sac a. ess-as If 2 par value OF s. eacn, al I-ls
rsfs and roD-assessable. Two hundred ~ tlio1a1i-I
- - =. -o-z7 issue were sold TO investors
v-he- The company was formed, anu - -
-Hese vra-e bought b- personal friends OF 1!e IlL
sgs~-e-- --bo are thoroughly familiar VIII me
r-o-e-rfes The shaft Of the nine ls b1L o'y -
-, the tracks OF the Northern Pacc f1S4iII ~
sine -Fa last re-Ear meeting o. tiles stocfIlo-
~ -re Elr-e and New YORK Copper IoilliIS C-.I-
Hsva raa some changes in the interests IN CoIlIO
~ t-e or~7-s-,- The new blood that has taken
re Mace = tho retiring interests IS aS5IeSs. 9
a. Fg-teves n, rushing the work that ship
rne-rs can be begun as speedllE as poas-D1I -, "a
70 reaD the benefit Of the steadily iEaprovlng con
cirios IN -e metal markets. During the lasI "eeA
TIE h-vfrg 4 odd lots Of the company STOCK -a9
beer unusually heavy. and the transfer ageil Ie7
beer called .Er0n issue certlEcates llI -oe9
lrE from I've 10 eighty shares. the total purchases
q ms nature a-gregating more than 7VvJ siattS
psr-s of the recently ordered machinery have ar
-lvec ~ Butte and will be installed aS raploiy @S
possible.