The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1909-01-30
THE CONSOLIDATED'S REPORT

Gre was formerly unAno"hf ""' w
very profitable. Recent developments
in the Combination show that this
property will compare favorably in pro
duction with the Mohawk.
Red TOP and Laguna. These proper
ties are occupied respectively by the
upper norton and downward extension
of the same ledge. During the greater
part of the past year both properties
have been closed awaiting the CON
~pIetion of the new mill, but a few leases
have been operated on those portions OF
the properties more remote from oeVei-
oped ore. Recent development WORK
from the Red Top shaft has traced ore
ON the $50 level fifty feet north OF the
older workings and a very promising
GRO bodv has been followed more than
$50 feet south on the Lucky Boy claim
in territory where no ore was hereto
fore supposed to exist. The prospective
x.Iue of the northern half of the Red
Ton claim, which previously was al
most undeveloped, has been greatly IN
creased by the discovery of a good ore
shoot in the Consolidated Red Top lease.
In the Mushett lease a small ore shoot
has been proven to extend to a depth
of 4SO feet below the surface ana
about 100 feet below the deepest ieval
Of the Red Top; and very recently go1o
values have been obtained from assays
ir the Hazel Goldfeld lease at a vertl-
cal depth Of us feet below the SURFACE
and more thar $50 feet below the deep
est Red Top level. On the dip OF the
ledge this point is about 500 feet from
the nearest opening on the ledge IN the
Red Top mine.
Jumbo. The Clermont shaft has
reached a depth of $50 feet, and very
recently a strong ledge which shows
very promising values has been cut.
The ledge occupies approximately the
position at which the downward con
t~inuation of the Mohawk ledge was ex-
pected; but crosseuts from the shaft
will be necessary to reach the continue
ton of the ore shoots. A crosscut from
the Mohawk on the 600 level will soon
connect with this shaft. During the
past year no work was done on the
Jumbo except from the Mohawk and
Clermont shafts, and no ore has been
mined.
January. 1t is intended to work the
January ore bodies from the Conbina-
ton shaft. The 1870 and go levels of
the Combination have been connected
with the January and a small mount
of development work done on the Janu-
airy in preparation for ore extraction.
Leases. During the past year 80
leases operated at various times on
your property, performing in all 2O,46S
feet of underground exploratory work,
producing 25,539 tons. The bulk of this
resulted from the leases
which expired early in the year. All
granted since the commence
of the past fiscal year were located
on the outlying and unproven parts q
your property, and were for the most
part unsuccessful in developing pay
ore, but much advantage to your com
pany has resulted from the large
amount of exploratory work thus per-
formed at practically no cost to the
company.
Mining Statistics
OF development work during the past
fiscal year, 17,460 feet was lone on com
pany account at an average cost OF
$17.6 so per foot, and 20,563 feet by
~lessees, at no cost to the company.
On company account there were
hoIsteed 25,374.l7 tons, and from devel-
opment work 19,561.97 tons, or a total
of 44,936.14 tons. OF this tonnage there
was milled 29,1s0 tons of a gross value
of 81, 164, 246.33, or an average of $39.So
per ton. There were shipped 3,575.S7
tons of a gross value of $l95,593.1S or
an average of $54.71 per ton. Total
production by the company, 32,755.S2
tons, at a gross value of $1,359,sS9.05,
or an average of $41.51 per ton.
Leasers shipped 2~5,539.66 tons of .
gross value of $945, 1876, or an average
of $37.01 per ton. The total production
of the estate therefore was 5S,295.f3
tons, of a gross value of $2,305,035.52,
or an average of 1885 per ton. There
was 12,245 tons of an average value Of
$7.76 placed on the dump.
The Combination mill has treated dur
ing the past fiscal year 2s,473.47 tons of
ore of a gross value of 81, 145, 157.76, OF
an average of IT'S tons per day of ore
worth $40.21 per ton. The extraction
was "a per cent as against 92.4 cents
the previous year.
At the Kinkead mill 1868 tons of ore
was treated of a gross value of 3d.
OSS.57.
There were p ,S3l.4 tons of ore pro-
duced and 1926 feet Of work done on
the Combination, the only property
from which ore has been continuously
mined, at a total cost of $169, s20.s3.
The milling expense of 2S,461.s5 tons
was $159,367.33 The general expense
was $22,223.71, or a total of 1851. 04.
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