The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-16
ANNUAL Of THE
NEVADA DOUGLAS
Shareholders Meet on Monday
and Elect Officers for
New Season.
z1Sa
COMPANY NOT FAR
FROM PRODUCTION
Detailed Description of Large
Copper Tonnage Given by
Manager Orem.

The annual stockholders meeting OF
the Nevada Douglas Copper company was
held in this city Monday, al which a
large representation OF shareholders was
present Among those coming from dis
tancc wero 4. j. Orem OF Boston and
James c. BerryhlI of Des Moines. The
following directors were elected for the
coming year.
A. J. orem. James G. Berryhili; L. II,
Curtis. w. V Rice. w. {. Orcm, Duncan
MacVicbie. j. j. Coram Or. Joseph I.
Herrick and William p. Lyman
AT the directors meeting following the
stockholders session, the following Off
cials were chosen: President, A. j. Orem;
vice presidents. James G. Berpyhlil ana
l.. IL. Curtis; treasurer W. V. Rice: gem
eral manager. w. c, Orcm; secretary.
Frank NJ. Orem.
and railroad properties were submitted
by Manager Orem; superintendent Arentl
of the mine; superintendent Frazer OF
the Nevada Copper Belt Railorad COM
pany and Consulting Engineer Duncan
MacNichie.
Manager W. C. Orems report shows
one claims. thirty Of which are patented;
approAimating $40 acres OF mineral
ground in the Mason mining district OF
Nevada. The company also Is the owner
OF an undivided one half interest In the
Nevada Copper Belt railroad line.
On the Douglas group there is a large
area OF copper-bearinS ground where
100000 tons of per cent copper ore are
developed. Each foot OF depth at this
part Of the property will add 10000 tons
of orc To the total developed. or should
stance, it means s.ooOooc tons Of ore.
From this particular part OF the prop
erty, 1892 tons Of ore averaging l3.a9
per cent copper, .ol ounce gold; 81 ounce
silver CO.'S per cent iron and 22.I2 per
cent silica have beeu shipped.
On the Copper Basin section. the. ore
deposit is demonstrated for width OF
from thirty 10 fifty feet being opened
al intervals along the trend Tor 1000 feet,
by which al least 30 900 tons of 40 per
cent copper ore are now developed
Ludwig Ore Tonnage.
The Ludwig section, where the jor
portion OF the work has been centered,
there are now developed 500 600 tons OF
ore. llle average copper content Of which
is a. per cent To the south of the
previously explored zone recent dlsclos-
ures have brought to view new ore for
500 feet along the trend and for depth
Of 500 feet, the average thickness being
two feet. and the average value $50 per
cent copper Probable ore in the Lud
wig. as shown by the work on the 600
foot level, Will reach total of 2i6. 700
tons. averaging 369 per cent copper. but
the new work on and above the 500 level
10 the south of the shaft is extending
the ores known to exist 10 such an extent
that doubtless equal satisfactory results
Will he achieved on and below the $50
level
The property also shows an enormous
gypsum deposit, covering an area Of 5000
by 500 feet. and which has been encoun-
tered at the 800 level OF the Ludwig,
This is very pure gypsum. and will be
made available upon the installation OF a
refining plant on the ground.
Over thirly-three miles OF the Nevada
Copper Belt railroad line are now in sue
ceSsful operation. this company having
been financed and constructed by the
Nevada Douglas company. From Hud-
son, on the line. d stage line for passen-
gers. freight and express has been estab-
lishcd 10 Topaz. Coevillc. Masonic,
Bridgeport and Bodie. superintendent
Fraser expects this line in 1912 TO net
close TO $4,000
Total Resources
In summing up The resources. Manager
Orem gives the positive tonnage at 639.-
600 tons. averaging 5.i per cent which,
S2.67I ,020; partially developed ore 246,-
700 tons, valued at s3oS.i4l: estimated
value of the gypsum deposit, $3.50 900: the
one-half interest in the Nevada Copper
Belt; 100000. giving .. grand total Of
s4'224.isl Only portion of the mine
The Nevada Copper Belt road has a
contract with the Mason Valley Mines
company 10 haul 10000 tons of orc per
month and 5000 tons OF limestone per
month which. with the, agricultural and
other business will not the company $780,
coo per annum. The Nevada Douglas
company has contracted $50 900 tons OF
It's own ores to the Mason Valley smell
Ter. TO be delivered 1T the rate OF TO-
ono tons per month.
The Nevada Douglas porperty is now
being placed in position TO output its
tonnage, and the company is not over
three months from production.
The financial statement follows