The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-15
APRIL EARN|NG3
NEARLY REC0I
Goldiield Company Makes /
Month Second in Results
Previous Best.
AND FIRE DAMAGE
CAME DURING MOI
Presence of Resources Sh
in Good Volume as Dent
Is Gained.
Special TO The Tribune.

cIlEtldI 10 Inc lrlbune.
GOLDFIELD, New, May 14rh.
clal report of the Consolidated ME-,
pany. covering Its operations h
shows that in the volume of earnlus
month achieved a record onlv aec,
the history Of the company ana
face of unusual obstacles, includ,,
damage by fire to the mill. eatIr.
be $l25.000. The months exnensa.
far above the normal, owing to 1,
loss, reduced tonnage and cost 4,
keting high-grade orc. Tho toto
recovery for the month was 4,
including the extraction from 40s /,
high grade shipped TO smelters 4,
craSing $3.50 per ton. This also n
about 5000 ounces gold rar
In the general cleanup OF the r,II1'
ment Immediately following the H.
profits for the month were s83a. 0I
ceeding those Of March by conaid
over 100000, and the mill recove-
1901 per cent,
Owing 10 the fact that the weisI1
parntus was damaged by the fire n
mage Is approXimateG. The ren'
Manager j. r. Finlay says in pafI
the. tonnage treated in the mill
l4.500 tons came direct from tho
and 1900 tons from ore contained 4
TALLY destroyed bins at the mill
actual value OF the ore sent To n
from the mines during the mon
about $500, 900, or Si0.72 per tot
this the falling loss would ba
$4,000, leaving an extraction OF q
To this should be added s3I4,000|
sent TO the smelters. SO that tht
gross value actually produced WA
600, contained in 1913 tons,
$50 go per ton. In this statement IA
the mines are credited with 3lA
ton on account OF ore produced Ia
months. The amount per ton thu
tied is large because the tonnage II
month is much below the normHlI
Regarding new development a.
opening of new ore reserves. the
says: The total advance was z5f
being more than one foot for elf
tons stopped. In addition large 4
Of work was done In clearing up 4
timbering old drifts. This could
counted as advance work, but n
II Is really more costly than new d
ment- The discovery OF ore CD.
sa satisfactorily. sill floor areas al
levels were increased by l720 squa
Tonnage taken from new openLT
main levels amounted TO 2172 toni
aging LIS ounces gold per ton. III
est coming from the 500 and 90a
OF the Clermont. the two averaQ
and 1,69 ounces respectively. Th
vejopments put in sight about a.
much ore as was mined duri7
month. E
"At the very end of the month.
the important ore shoots Of the ~
was located in the 600-foot level
Clermont. The ore appears to be-
wide on the level and averages
ton. Another important dlscoyeE1
ore body on the 900-foot level a
Clermont. 1t has averaged to a.
per ton. but contains some muc1 !,
grade ore. 1t also points TO fuT4 !
portant discoveries on the y
level" n
The damaged mill is being rspe !,
rapidly as consignments OF new
ment and structural steel arrive !
ground and the plant Will In all n 4
ity be operating at its full cap 8
$50 tons daily within a period q 4
days. Despite the fact that afterk
OF April s. the mill was compietet I
down for eight days. and has SIN
ated only seventy stamps. WIN 1,
companyiug equipment. II has tr1
average for April of 524 wet ton
ments of high-grade ore, chieny "
Clcrmont. are being continued 4
volume that the returns VIII iuu
the loss of 30 per cent in min ST
and these shipments will be
until the mill is again WORKING =,
full head.
To afford a central point IRON !,
explore the Red Top vein a. oe
Consolidated has resumed sinRiu
I.aguna shaft and II VIII be "
with the Clermont workings On =
foot level. Last year the ha@
shaft was sunk 750 feet on the -
sic claim OF the Laguna group Z.
ore was exposed on the tls-,
where the vein was shown 70 ~
tened out TO a considerable exten =,
dip 10 the east. The recent
of good ore in the Red Top veu ~
northwest lateral at the sou Ies :
first proof OF this quality OF ol9 : :
depth In the Red Top vein. o"I
angle of the dip this ore, az
depth OF 500 feet, Is prooapiy
feet below the apex OF the veiu'<ft
discovery is regarded as hisn'
ant. 10