The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30
FLORENCE To SINK
TO THOUSAND FEET
Many Economies Are Being
Rounded Out by This Gold
field Company.
Special 10 The Tribune.

|
GoLDFIELD, New. July 2s,-The
Florence Godfed has cut station on
the s0o-foot level OF the main shaft. and
sinking will continue TO at least 1000 feet,
at which point extensive lateral devel-
opment Will he carried on. Some ore OF
excellent grade IS being mined In new
workings on the 300 foot level, and the
best ore OF the mine continues to come
from the Reilly ore shoot at the northern
end OF the Florence claim Operating
costs have been reduced TO about S. per
ton, further economies having resulted
from the recent changes in the process
of treatment. involving the installation
OF classifier and pulp thickener and
ooncentrators and other portions OF the
original equipment. 4 satisfactory profit
is being made from operations In view
OF the present average grade Of the ore,
moro than insure n supply for the mill
at 100 tons daily until the deeper work
ings reach number OF the ore bodies
which have been highly productive on
upper levels,
Development company account Is in
progress on the Poleverde claim OF the
of 1880 feet and south of the Annex shaft.
Later the work will be carried to the
northern part OF the claim and near the
The main vein Of the Poleyerde has a
trend diagonally across the claim. and
this face will obvatc the possibility OF
future apex disputes between the two
companies. The Annex lease on the
Polcverde has produced considerable
tonnage OF shipping ore, and is about to
resume operations Ions on larger scale than
in the past The Jumbo Extension com
pany will pay a 1o-cent dividend on
July u.
Shipments Of ore of good grade are be
ing made regularly from the Goldfield
q nr h1 Tlni. nd o,ly
Butte. Officials OF the company are
rcticent regarding the value OF the pro-
duct, but 1t is known 10 be of an ex
cellent average and TO contain quantities
OF high grade. Stopping is now In progress
on the SOo-foot level and the ore is
hauled By wagon to the local sampler
pany. new lease on the Daisy Is open
lug UP the ground from which the
lease shipped quantities Of good
ore, and will sink To depth near the
rich cross vein running toward the Bel
mont. The ore body is traced into the
adjoining Great Bend Three leases are
on the Diamondfield Black Butte, and
one is opening the old Quartzite vein
from the main shaft. a new ore body
has been opened near the surface.
Three leases continue work on the
Atlanta. The Precious Metals Co, is
driving on the 730-foot level near the
southern boundary and is In a good for
nuapon' approaching inc eld OF the Dig
intrusive andesite dyke that comes in
from the Florence hll on the west The
Maloncy lease is driving near the 400
level, and the Queen Consolidated COM
pany announces that Its main lease shaft
viii be sunk TO a depth Of 1900 feet The
Manning leases on the Oro and Booth
are exploring at $50 and 400 feet depth
to solve the interminable
problem Of the Columbia mountain fault
Ind are all In dacite; On the Spearhead
the Wheeler lease is raising from the
300 level and seeking the ore body ex-
posed on the 200