The San Francisco call., 1909-01-18
Capital Seeking Investment
in Nevada County Mines
More Than 100 Locations Have Been Recorded
This Year-Activity in Sagebrush State

ficiently valuable to ship to mill or
smelter, amounting to hundreds OF
dumps, which will be milled later since
the Montana Tonopah erected its own
plant its low grade dumps have been
cleaned UP and the mill viii be run
hereafter on ore from the workings.
This property has paid in dividends 10
stock holders $131 900. Last year the
Mcnamara shipped 5,091 tons of ore to
the mill at Millers. In the last two
months of 1908 the ore was handled by
the Montana Tonopah mill.
Some dividends that have been de-
lows: Tonopah mining company s4,300.-
600 in six years; Tonopah Extension.
$279,000.
A description of the Round Mountain
district was published by the Goldheld
News as follows:
Round Mountain has dividend paying mine.
the Sunnyside mine. owned by the Round Noun
tain mining company. During the last nine
dends to stock holders amounting TO nearly S1OU,-
600. Next in the order Of Importance are the
these mines are producers and both own mills.
The Round Mountain district has been financed by
what is being actually taken out OF the ground. .
The surface showings in Round Mountain have,
been exceedingly rich and thousands OF dollars
have been extracted at a depth Of only few
feet As depth has been attained IL has been
shown that the true source Of the camps vast
possibilities treasure producer viii come
from ledges of milling ore which cut the district
and two of these, the Sunnyside and the Sphinx,
are entirely inadequate to keep up with
the output In Jefferson canyon; three miles to
the north of the town OF Round Mountain. has
begun era Of rejuvenation- One OF the old
time producers Of millions has changed hands
during the last year for consideration OF $780,
600, and this mine will be worked again by mod
ern methods. Here hundred ton capacity mill
is in progress of construction.
The Rhyolite Herald says that the
production of the Shoshone mine. ac-
cording to the state bullion tax col
lector, was $535,763 in the first nine
months of 1908, and that the ore treated
at the mill in December averaged be-
tween $17 and SIS a ton. The Herald
says Of plans for the Bullfrog district
in the coming year:
The Keane Wonder company is adding 200
ton cyanide plant TO its equipment. with which
the output will be largely Increased. The May
flower consolidated has started work on Its
milling plant at the mine. and sufficient
quantity OF ore running from S12 TO $50 has
been exposed 10 keep the plant busy for months.
The Homestake- King mill is good for 123 tons
at full capacity. and has been working as high
as 80 tons day during a portion OF the last
two months. The ore in the lower levels is inn
proving, and the in sight will supply the
tension company is contemplating the eonstruc-
tion OF a 10 stamp mill, sufficient ore having
been blocked out to warrant the erection OF
same.
The 90 ton custom mill at Springdale and
the 80 ton custom mill at Beatty soon to be
placed In commission. and il has recently been
announced that small sampIing plant and mill
will be erected at South Builfrog. four miles
from Rhyolite. for the purchase Of the ores
of the camp. The South Bullfrog project Is
cabe. csis Ariz HsD''sD y ~ D0"sA = ~
Tramp consolidated Bullfrog mining and Ma
tIonal Bank properties are expected to contrib
ute to the 1909 output.
The output of the BuIlfrog district
for 1908 is estimated at $40, 480. dis
tributed among the mines as follows:
Montgomery Shoshone. bullion. eoncen-
trates, and direct shipments. 1855. 763. Is
keane Wonder. gold bullion only. 125, ,092 81
Bullfrog Pioneer. bullion and direct
Tramp consolidated. direct shipments. 10000
Homestake-King. bullion. ..--........ 35.oo0.00
Capricorn leasers. direct shipments. 1900. 90
Ladd mountain leasers direct ship
ments -.........--..-...... 10000
Total for 1905 ..............S 500. .4s0.5
Conditions Affecting the mining oper-
ations in. the Goldfield district, now
existing, are described by the Goldield
News as follows:
Goldfeld enters upon the year 1909 under far
more advantageous conditions Goldheld now
points. Freight rates have been high. but they
have been gradually coming down. Beginning
with the 24th OF this month charges on ore
per cent lower than ever before. Charges on $50
ore will be reduced from $3.50 to $780, $40
$50 ore from SIS to S525: etc. through all grades
of ore This reduction is one Of the most fmpor-
tant moves affecting the mining industry of
Southern Nevada that has been made In years.
and will permit Of the profitable production and
shipment OF thousands of tons of ore now stanl-
ing in the mines because their low grade does
not stand for the high transportation charges
prevailing There is also reason to believe that
the smelters viii likewise make a reduction in
charges. As an evidence Of what the mine oper-
ators TO save over the old regime By build
ing their own mills in the district. the case OF
the Goldheld Consolidated may be cited. The
Consolidated was paying about $25 ton trans
portation and treatment charges up to the time
Of starting its big mill December 26. 1908. II
is now costing the company only IS ton to
mine. transport and mill this ore. The capacity
Of the mill is 900 tons day, or at least that
will be the tonnage treated. This win mean a
saving of $11.400 day 81. Isl 900 a year.
This saving is made to the company, while at
the same time enormous sums viii be paid out
to home labor that formerly went to sustain
the population Of other places With freedom
from industrial disputes and constantly threat
ened strikes with reasonable wages for town
and mine workers. with railroad facilities and
reasonable freight rates. and with great mills
pounding out the on the ground, GoIdfeld
ought TO make the most enormous strides during
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