The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-28
MIAMI REPORT HAS
BEEN SUBMITTED
Condition of Property and
Treasury Fully Set Forth in
Statement.

The Miami Copper company issues its
annual report for the year ended De-
cember IL, 1909. President Lowisobp
During the year substantial progress
has been made in blocking out the ore
;n@ ;60dy and and preparing 1t tGT % actual NM NM
plant arc rapidly nearing completion.
While the mill primarily is designed 10
treat 1000 tons OF ore day. part OF the
equipment for an additional 1000 tons
capacity is being erected. The shaft and
hoist VIII have a maximum capacity of
5000 tons day, so that me surface
equipment can be easily raised TO this
figure.
THE amount of developed ore 1T the
end OF the year was li,0oO.000 tons. with
average contents, "a per CEN. Drilling
on heretofore unprospected ground was
recently begun, and at this da;e total
of seven holes have been drilled. The
results have been very satisfactory. all
the holes having been In orc varying from
seveaty-hyc to zoo feet nick. The avel-
age grade OF this ore is weil over , per
cent"
B. B. Gottsberger. general manager,
says: Tho method Of mining VIII bc
the caying system or some modification
thereof. and in preparation the ore body
Is heing cut up into blocks fltty. ieet
square. levels twenty five feet apart and
raises at the corners Of the blocks. Inc
first level is go feet below the collar
Of the Red Rock shaft and then follow
levels at intervals OF twenty five feet
to the 370-foot level. The next located
at l2o feet Is to be used as main tram
ming level.
During the past year the underground
work comprised 512 feet OF shaft sink
ing 2S o22 feet of drifts and crosscuts
and 3649 feet OF raises. total OF 33,OSS
feet, This, with the work done in the
previous years. gives n total for all un
dergrourd work OF 46.747 feet
"In the prosecution OF this work there
has been extracted total Of l54,i6l tons
Of ore, which Is stocked pending the com
pletion OF the milling plant
"The tramming levels arc to be laid
with thirty-pound rails and the ore will
be handled In trains with electric locomo-
tIves In cars holding two and half tons
each. Our holutng facilities VIII enable
us to hoist 20)0 tons Of ore in eight
hours.
"The ore will concentrate In the ratio
Of about 20 into !. Yielding a producer
containing 30 per cent copper, with an
extraction in the neighborhood Of O.per
will he used for fuel. A storage tank to
hold 100000 gallons of fuel oil Will be
provided to insure the fuel supply.
water for the mill will he obtained
the supply developed by wells at the
company's ranch on the lower end OF
Miami wash, where an appropriation has
been made, Water from the Old Do
mlnion Will be brought through a four
tcen-lnch wood pipe by gravity.
During the past year most substan-
tial progress has been made toward plac-
ing the property on a producing basis
and the close OF this year VIII see the
plant In operation"
Treasurer Susmann says that on Dc
cember 81 1886. 800 had been received on
account OF the bond Issue OF $1,000. 600
leaving a balance OF S1,3l3.l00 which has
since been paid into the treasury, IN
creasing the funds available for constrCc.
tion and development by that amount.
Balance sheet as Of December 81 shows: