The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-12
REPORT OF RAY
CON. IS ISSUED
Statement Deals Fully With
Conditions at the Mine
and Concentrator.
QUARTERLY REPORTS
Smelling Contract Will Save
Cent and Half on Cost
of Production.
QUARTERLY REPORTS

President Sherwood Aldrich and Cen
eral Manager D. C. Jackling OF the Ray
Consolidated company have issued re-
port covering the period from the last
April report to October %. and in the
same is stated that hereafter regular
quarterly reports VIII be issued by this
organization. The following extracts
| from this recent statement will prove OF
interest TO local shareholders:
The equipment OF the No. shaft was
completed and put In operation aDoul
J May I. This has been found perfectly
adapted 10 its requirements. and has been
| In constant and satisfactory operation
since its completion At the No. shaft
the equipment now completed ana ready
! for operation Is practically Identical with
that OF No. |, except that The crushing
plant is only one-haIf rs large. 1t has
| n capacity. however, OF from two hun
| drcd TO three hundred tons per hour,
when running, and will probably be
/ large enough 10 handle the ultimate pro
duction from the western section, served
| by the No. shaft, All the shops, ware
houses and surface facilities of all kinds,
! including living accommodations immedi-
! ateN necessary for our employees. have
been completed,
Mine Development.
q
served by the No, ! shaft. the develop
mcut work required for tho Immediate
future is practically finished and We
have available, tributary TO the levels
ready Tor stopping. In the west section,
served by the No. . shaft. the No. I
level has been completed 10 the westerly
limits OF the developed ore body. a dis
tance Of about 1900 feet. The shaft it
self and it's stations, arc compile ted and
ready for operation 10 the second level,
which is ls5 feet below the No, 1 lcvcL
The second level is being driven from
two faces, and will be completed 10 tho
westerly limits of the developed orc body
some time in December.
Up 10 date most of the tonnage, rN-
cepting a small amount produced from
development, has come from the No.
shaft. Some STOPPING is being dopo above
the No | level of the No. , shaft. how
ever. and as the hostinS equipment OF
this shaft is now ready for operation.
the tonnage FROM thai section will in
be able to derive as much tonnage from
the No . shaft as from No. until No.
2 level Is completed, and further prep
aration made for Stopping in the territory
reached by il.
Checking Churn Drills.
"No difficulties or unexpected Condi-
tions OF any material character have
been encountered In underground devel-
opment work, which continues TO prove
the accuracy of our churn drill develop
grade Of ore.
'Stoplng operations, which have been
conducted in the eastern section on
comparatively large scale for about five
months, and in the western section on
n small scale for about two months.
have demonstrated that the system Of
mining we have selected is ideally adapt
ed. We have not yet opened up sufh-
Glen, stopping area to get the most eco
nomical results in so far as costs arc
concerned, but during the month of Sep
tember, when, reasonably favorable con-
ditions prevailed. the cost Of mining. in
Guiding a proper proportion OF current
development costs. was about 60 cents
per ton. this figure including The cost OF
crushing and the delivery OF ores on
board cars ready for shipment To the
mill The conditions under which these
costs maintained We're by no means
ideal nor so favorable as they will be
when we can operate in larger stopping
area, and on q greater tonnage: and
there is no reason now TO believe 9th
erwIse than that we will be able to mine
our ores at cost not exceeding 70
cents a ton, this figure including the re-
trement OF all the investment we have
expended, or. will eNpend. in the under
ground development OF the property.
Value of Tonnage,
1.-THE ore we are now mining from both
sections OF the property. and which viii
he mined for some months to come, Is
necessarily drawn from the upper zones
OF the orc body, and is somewhat lower
.,
but the grade. as we are producing II,
checks closely the drill-hole results OF
these zones. Up TO the date OF this re-
port, the total ore produced has averaged
slightly under . per cent, and at present
the average Is about lS5 per cent, and II
Is expected that this average will prevail
for the immediate future. AS VIC arc
able to reach other areas. and mino an
average ore through wording in n greater
number Of places. the grade of ore pro-
duced VIII be of the average represented
by drilling. and proven by underground
development. or about 2l1 per cent for
the entire orc body. We expect to pro-
duce nearly, II not quite. this average
grade by the time We are able to supply
the mill with It's capacity of 5000 tons
per day.
Since our report of April We have
driven 1910. feet OF workings, mostly |
drifts and raises. making a total on Octo- |
bcr ] Of 1881 feet Of workings. or ap- |
twenty five and three quar-
ters miles, In addition TO this. We nave
enlarged, for permanent workings. sew
cral miles OF drifts and tunnels.
Reduction Works.
The concentra,or building, power |
plant, shops and all accessories at Hay |
den have been completed. As explained |
in previous reports. the concentrating |
these have been equipped and put IN |
operation. The nth is now in process |
Of completion. and all tho machinery and |
equipment Is on hand for the remaining
three sections. Tho four sections or the
mill now I'm commission are running al
n capacity somewhat I'm excess Of 500 tons
per day each The sections are designed
for a capacity OF 1000 tons per day each,
and have demonstrated their ability TO
haRdle this tonnage without difficulty.
THE hfth section OF the plant viii be
completed early In November. but will not
be needed. so far capacity Is con-
cerned, before about the, end OF the year
up TO the first OF October our gross
OF copper contained in concen-
trates has been about 1000. 600 pounds
and the gross production a the present
time approNimates $500 600 pounds per
month, We expect 10 increase this rate
TO nearly, II not quite. 5000. 900 pounds
per month by the end OF this year.
From the outset we have made recov-
aries, under favorable conditions, that
have been entirely satisfactory In order
10 regularly maintain these results. It has
been necessary TO make some adjust
neuts these have been effective and
Al tho present time the mill extractions