Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1913-01-18
PIONEER CONSOLIDATED COMPANY.
PLANNING CONSTRUCTION OF MILL.
TO HANDLE ORE FROM PROPERTY

The annual report Of the president
of the Pioneer Consolidated Mines
company for the fiscal year ending
December 81, 1912, has been received
in Tonopah The report contains a
number OF items of local interest as
The property is located in Nye coun-
ty. The company has over $4,000
IN the bank with which to operate
the property, and it shows that
over $4,000 was spent during the
past year
At the annual meeting Of the stock
holders of the company. held at Chey-
enne. Wyo,, on January 2, the fol
lowing directors were reelected for
the ensuing year w. w Watson,
Roland G. Holt, Charles J. Clayton,
Richard F. Tobin and W. j. Tobin,
Following the stockholders meet
ing a meeting Of the directors was
held, and the following officers were
elected William J. Tobin, president;
Richard F. Tobln, vice president and
treasurer, Charles J Clayton, sec.
retary. being the same officers who
have served during the past year
Operations at the mine were inter.
fered with very much during the
year by fire, which broke out In
the shaft house on the morning of
June IS. completely destroying the
building and head frame in less than
one hour, according to the report.
The buildings destroyed by fire
have been rebuilt and are of a
much more permanent nature than
those burned, being constructed prin.
cipally of iron, with a stone founda.
tion A much heavier head frame
has been built over the shaft than
the one destroyed
The 40 horsepower hosting en-
gine and rs horsepower electric mo-
tor we're damaged more than the
compressors and other machinery.
The hosting engine has been thor
oughly overhauled and Is now run
ming as good as ever Some parts
we're worn and needed replacing be-
fore the fire. None Of the principal
parts Of any OF the machinery were
damaged TO any considerable extent,
and when all repairs are completed
the plant will be in as good shape
as before
Little attempt was made TO market
ore during the year as most OF the
ore developed in the mine was not
high enough grade to stand the long
expensive freight haul and treat
ment charges. and at the same time
to leave profit sufficient TO justify
shipping to the smelters
Three carloads of ore we're ship
ped, however, Of the gross value Of
$2i4104; leaving a net return, after
paying freight and treatment charges
OF 81 66.39.
Upwards OF 500 feet Of develop
ment work was done during thu
year, mostly In new trritory, cross
cutting and drifting at the 250.foo
level and 320.foot level, resulting il
cutting some contacts showing highl,
silicified rhyolite and quartz forma
tions, almost identical in appearance
with the high grade ore, alread
shipped from the mine Assays hav
been secured from some of thoos
contacts, bordering on milling va
ues, and a system OF drifting wi
soon be started at the points wher
the best values appear to furthe
open and explore this territory
A drift recently started at the 25t
foot level where the assay may. herr
after described, showed $50 ore
exist is the latest and by far tn
most important work done In III
mine during the year This drift hs
been extended 20 feet, and our s
perintendent reports it to be still
ore of the value of SIS per ton. A
other cut driven at a point 1870 fe'
under the surface has opened IL fe
OF mill ore, assaying from $3.50
I76O per ton At depths of abo
$50 and 235 feet, ore is exposed {
the wall of the stope, as shown
the assay map, which assays upwar
OF $50 per ton This seems to ha
been overlooked by former lessee
and as soon as the necessary III
bering can be done work will
started at both places, to determi
the extent of the deposits, viii
may be of shallow depth, or m
continue for considerable distan,
no work having been done beyo
these points, If these faces OF hii
grade ore are found to extend a
considerable distance with devel
ment, shipping to the smelters v
la