The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-21
GREAT MONTH At
GOLDF|ELD CON.
Thousand-FoOt Level Strike
Gave Up Some High
Grade Rock.
MANY POINTS OF
NINE PRODUCING
Company Expects TO Cease Con-
struction Account in the
Near Future.
Special TO The Tribune.


GoLDFIELD. New Nov. 2o.-As indl
cated by the earlier estimates, the pro
duction and earnings OF the Consolidated
Mines company in October we're cons'd
erably greater than during either of sew
eral preceding months, the gross pro-
duction attaining the aggregate OF ST..
o6s.o3S. and net profits being Sla'lz"
after paving all costs and writing off the
sum OF $50 600 for new construction. As
evidence OF the company's ability to
maintain an output OF large proportions
and To supplements It's bullion produc
ton by shipments of h'gh-grade ore 70
October 293 dry tons OF smelling ore,
the returns from which were S24S.ooo
gross, or an average gold content OF
over $50 per ton The greater o%fr pxFI es os
on the 100ofoot level OF the Clermont
mine, the deepest mine workings Of the
Consolidated company
The Mohawk and Clermont mines con-
tinue TO supply the greater part Of the
output, while the Red Top and Combine
ton mines maintain their usual heavy
time The recently extended Laguna work
ings from which the great Red Top vein
is being explored on the 6oo-foot level.
VIII be IN important avenue OF produc-
tIop. The Laguna has lately been equip
ped with a 75-foot steel gallows frame,
ore bins of large capacity and $50
horsepower electric hoist. The deepest
work In the Red Top vein from the main
Red Top shaft has been at less than
400 feet a laterLl was driven some time
ago from the Clermont workings on the
600-foot level in this direction and a
large body OF excellent ore was exposed
in the Red Top vein and near the La
guna II was for the purpose OF devel-
oping this vein and hoistins ore from
further sunk TO the 60o-foot level, and i,
will probnbly be extended later to much
greater depth. Is there is no sign Of
the ore disappearing on this level,
mined in October according TO the re:
port OF Manager j. r, F'inlay. was 20l
ounces per ton, and the total value is
senP sTap a pe Pen en tor % tbs the yse as pso
tained In the ore, a2.12 per cent YVES
extracted by the company's mill. Tests !
indicate that about s251 per ton was
lost in tailings, but for the character Of
ore the net recovery is highly sa.isfac
tory. Administrative and general ex-
penses are averaging around 100000
paid the sun, Of $4,000 for bullion tax
and marketing bullion. Among the
months expenses were the following
items: Mining. 200; marketing high
milling and cyaniding. s62.S5o; marketing
concentrate residues. s13,3S0 and new
construction. $50. 900: total costs amount
ing 10 S11.2I per ton.
erty consists of 1--WE mines In one. the
workings OF all being connected at some
point, and there are upwards OF forty
miles OF underground workings OH the
properties, Manager FYnlay states that
she appearance of the mine throughout |
is exceedingly good and that the amount
OF adrSnce in the new headings in Octo-
ber WAS &019 feet the ore taken from
the new work In the Combination and
Clermont, respectively, sgeraging 245
and SIS ounces gold per ton. The total
development done by tho company for
the fiscal year ending with October was
3l-9ss feet, not including that done by
essees- Within this period the total OF
dry tons mined was .S67 tons. so that
ne development has averaged one foor
Tor every Id tons mined
Some other Dew ore was discovered
N the course of Stopping" says the re
port. but not on main levels. The dis
;oVery In the Combination is proba bJy far
more Important than the figures would
no1cate Tor II points 10 an ore body
wing parallel 10 the Hampton stone The
,re body discovered recently on the t0Oo
oot level of the Clermont is onIv mar
Tally developed II appears 10 be IL rye
" good grade and of good milling ouaIi s
les. fuA"
ut will be noted that expenses arr |
1igh this month, largely on account OF
Of which, a large amount
1as been going OH since April Hereto
ore arbitrary amounts Of these expenses
1--we been charged off each month with
} view OF getting rid of the whole ac-
'ount by the end OF the fscal wear. bnt
10 exact estimate was made with tbe