The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-12-12
EXTENSIVE DEVELOPMENTS
ON THE MINES OF T0N0PAH

pccted is somewhat broken up and
gives every indication that the big body
of ore exposed in the winze has been
thrown out of place. but as the ore was
in the winze up to within the last 20
feet, it cannot be far away. Another
point of great interest is found in the
winze from No. 8 west drift along the
hanging wall side Of the Mizpah fault
on the 1,000-foot level, where a fine
body of ore was opened up. This Wine
is down to the 125-foot point below the
level and has encountered several good
punches of ore. Drifts have been sent
out from the 50-foot point of the winze
and have opened up excellent ore
bodies. After the completion of the sta
tion, which is now being cut at the bot
tom of the winze, drifts will be sent
out along the vein and preparations
made to stope out the ore between the
levels. On account of these workings
being the deepest in the camp, much in
terest is centered on the results, and
the progress is being watched very
closely. During the past week a total
of 1ss feet of new ground was broken
in developing the ore bodies and pros
peeting new ground.
The Montana
The work lone by the Montana mill
last week again demonstrates the per-
lection of the plant. On a run of 1,0O5
tons of ore, Gil of which were from the
Montana mine and 1874 from the Mac
Namara, the records show an extraction
of 92 per cent, which is certainly a re-
markable showing when the character
of the ore is taken into consideration.
Throughout the mine regular develop
ment and prospecting work has been
carried on on the several levels, a total
of LOG feet of new ground having been
broken, the result of which has been
very gratifying to the management, as
Improvement has been noted al several
points.
MacNamara
Everything is going along very salts
faetorily to the management and the
mine is keeping up it's production with
great regularity. During the past week
the shipments to the Montana mill ag-
gregated $50 tons, averaging better
than 1874 a ton, and this in the face of
silver being quoted at Al rs cents per
ounce. almost equalling the lowest price
on record, thereby proving that this
mine can make a good profit wen with
price of the white metal still lower. In
support of this statement we quote the
following figures taken from the records
of the mine: From January 1, 1908, to
December 1, 1908, the mine has pro-
duced a little over 400, 900 ounces of
silver and has received an average price
of a trife over so cents an ounce for
the same, as the bulk of the ore shipped
was taken out since the settlement of
the litigation woth the West End Min
ing company, which was adjusted last
August. In November, 1907, the price
of silver was 5S.7 cents per ounce, while
today it is quoted at Al rs cents, show
ing a loss in profits to the company,
caused by the decline in silver since
November, 1907, of $4,000 in round
numbers; and still with silver at it's
present low price the proceeds from the
production of ore pays all the expenses
of the mine and adds a nice sum to the
treasury every month. In addition to
the above figures for the past IL months
the ore extracted and milled has pro-
duced 400 ounces of gold, or about
$8S,000. From these figures it is easy
to be seen that the present price of
silver, while cutting considerably into
the profits of the mine, is in no way
near the point whereby it would neces-
state the running of the mine at loss,
the average value of $34 a ton for this
week s shipments being based on 49,
cent silver.
Tonopah Mining
The Tonopah Mining company came
to the front again this week with an
other record breaker in the amount of
development work done, having a total
footage of $50 feet of new ground brok-
en-, which does not include any work
done in the slopes. This will give an
idea of the immense amount of develop
ment and prospecting work that is be-
ing carried on in this company's
ground.
The principal result of this weeks
prospecting has been the encountering
of a vein of ore about 700 feet west of
the Red Plume shaft and near the east
endline of the Tonopah Extension
ground. The north crosscut, which has
been driven out steadily for some time
past, this week encountered a ledge
running ~diagonally across the crosscut