The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1910-05-31
COPPER Mines
OF MASON VALLEY

F.. A. Flindt, who has been connect
ed with Mason Valley Mines from the
inception of the development work
says: The Mason Valley Mines Co.
property is situated at Mason City,
Nevada, and consists of 140 acres of
patented ground. The capitalization has
been recently changed and now con-
sists of 100000 shares, par So. There
are $1,0OO,000 of six per cent bonds
issued, the bonds being convertible in
to stock within five years at $40 per
share. There are only $4,000 shares
outstanding, with 100000 shares re-
served for the redemption of the bonds,
leaving 246,O00 shares free in the
treasury. This gives us a very small
capitalization in comparison with other
companies. The formation at Mason
City is granite-lime and rhyolite lime
contacts. The naturalization occurs in
assures in the lime, large ore bodies
making out into the bedding planes
The ore consists of chaucocite and chal-
copyrite with lime gangue carrying
sufficient iron to make an ideal direct
smelling proposition. The ore bodies
are 25 to $50 feet wide.
AS to the development of the mine
we have opened up $50 feet depth and
1000 feet on the strike. The manage
ment are at present putting up raises
from the third and fourth levels, open
ing up slopes preparatory to starting
production.
The ore reserves consist of 1000.-
600 tons of ore blocked out above the
fourth level, which contain from to
per cent copper. Three wines have
been sunk to a depth of As feet below
the fourth level, all Of which are in
ore containing 3 to per cent copper,
giving assurance Of ore going to great
er depth.
A railroad has been completed from
the smelter site at Wabuska Ia station
on the Southern Pacific railroad on the
Goldfeld branch) to the Mason Valley
mine. distance of sixteen miles, and
the Mason Valley company has enter
ed into a contract for the transpor-
tation of it's ore from mine to smelter.
The railroad is owned and operated by
the Nevada Douglas Copper Co. and
will be completed to its mine within
the next four months.
The Mason Valley company is con
structing a smelter at Wabuska with
capacity of 500 tons per day. The
smelter will do a general custom bust
ness in conjunction with handling the
ores from the Mason Valley mine, The
anticipates handling 400
tons per day from the Mason Valley
mine at the start, thus allowing the
handling of 500 tons per day of custom
ores. There are number of mines
within radius of 80 miles of the
smelter which have small tonnages in
sight and can be operated at profit
when this smelter is complpeted; the
not having been able to ope-
rate at a profit in the past on account
of excessive freight charge, they being
compelled to send their ore to Salt
Lake of San Francisco smelters at
freight charge of So per ton or more.
The Mason Valley smelter has al
ready entered into contract with the
Nevada Douglas Copper Co. for the re-
duction of 250,000 tons of ore, 10000
tons of which are to be delivered each
month, and several other companies
are endeavoring to enter into contracts
with the smelter. Consequently, ! an
ticipate that the smelter will be able
to run at full capacity almost from
the start.