The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-26
FAR|SH'S REPORT
ON ELY CENTRAL
Prospective Values of Property
Are Considered Very
Extensive.
COMPANY SHOULD
HAVE OWN SMELIER
Cost of Production Gould Then
Be Held at low
Figure.

In the extensive report oul tho prop
ertv Of tho Ely Central company, OPP
Grating in the Ely district, made re-
Gently by William \. Parish, the aetGn
ore reserves so far deyclope q. aud the
prospective value of the property Is
set forth as follows:
Tho only actual ore reserves lat All de-
ycloped upon the property arc contained
IN that portion lyiug between -" steam
shovel pit and your eastern me going
toward the Star Pointer shat "hlch;
as already stated. Is eighteen h"uo'yu
width, and two hundred ic'I thitk
should thcsc dimensions be nspnlalheH
on ltilI development through your ground
they would give the following Jsaultss
iSoGx a00x 200 EQUALS i32 0o0o 600 cubic
feet. divided by I8 cubic feet for n ton
IL ore gives 49, e3e 16s tons.
Whether on run development the above
dimensions viii be maintained c,,r mot
fapd I am Impressed that they VII bc)'
thcre II no doubt whatever that ~ arc
under discussion will contain great
many million tons OF cominsfc!a. S''-
Prospective Values.
Tho prospcctIvc value OF the pro pcrty
consists OF the following The pos uoiI-
ties OF discovering a large area OF ~ car
shovel mining ground extending 'front.' IN"
'Tutwllcr'' Chains on the 'oast 90 Houg
which there arc many Indications as
cited In the body OF this report, and $50
in r southcasterly direction from u;. IN
''Tutwilcr" claims toward the St'r
TIE three assure veins namely iir,
Clipper" "gosle." and "MouardL
should. and I believe Will; all develop ~
water level into hg produccrE OF high
Grade direct smelling ore. Tn" grHH''
dykes or veins which cross the south@riY
end Of the properties may develop az
depth Into valuable mines. 4
Cost of Production.
consider II Of vital Importance id
order To obtain the greatest possibl"
not results from your mines that your
con. pany own It's own reduction works |
ana equipment Including its own rail- 4
road, for handling the overburdcus and /
TIE ore from mines TO reduction works.
with such ownership YOU will b. abso
W;cly Independent nf All local mine rail
roads and reduction works. and be abl" I
- 'ninc and produce copper from lower |
grade Oir than d. now being produced iu |
ihc district B3aiug nlS estimate on such
ownership. tho cost of producing copper
from mine tu bank should range from ,
to cents n pound. and should the area
between the "Tutwilcr No. T. claim and /
the wcstc:t iinc of your property and 1
frou the "TUtWilcr No l. claim going /
toward tho Star Pointer shaft develop /
as stated. there H. possibility. the cost |
from ;his portion of the property should I
not exceed cents a pound.
Concluding Remarks
There Is enough ore practically assured /
frpm present Developments 10 make OF I
tbis = large mine. and tho prospective .
values are such that on fun development I
th"y should. and IN my opinion VIII place /
this property iu the rank OF the largest l
and beet dividend payers tol In" same /
ocr.pgch now being worked. n ably man
aged and properly equipped as stated /
10