The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-17
Troubles of Mining.

The only manner in which the
aforesaid manipuIators could make
these statements appear to be in-
consistencies. was by taking the
first official statement issued to
stockholders (June IS. 1922 and COM
(June u. 1919. Absolutely no refer
ence was made to any report Issued
in the meantime, There Is no cor
poration in existence which cannot
be severely criticised II this kind Of a
trick is resorted to; Il is hard to be
have been so gullible as TO allow
themselves TO be misled by so trans-
parent device,
II may be well to expand bit on
ming mine is not like writing a
book OF fiction. It is quite inpossi-
bic. in mining, TO invent a plot and
then neatly and logically to ill in
the history. The physical condition
OF mine changes from day to day,
by no man. The best one can do Is
10 tell fully and without reservation
what is true today. and tomorrow to
tell what Is then true. This has al
ways been, and so long as the pres
eat mana cement remains in control
of the Jumbo Extension will continue
to be, the policy followed. 1t has
been the practice OF the writer TO
advise YOU from time to time exactly
what conditions existed in the mine
and TO explain to sou fully every
success and every failure mot with
in our milling enterprise, II you de-
sire a ma ma cement whose policy 1t
Is TO deal in misinformation and TO
suppress facts. you could do no bet
ter than to install those certain
adopts IN that line who are now,
very probably, well known to you.
Since the last report was mailed to
you. the mill has resumed operations,
and Is doing better than heretofore.
II Is making from two to three tons
OF concentrates per day. which have
thus far averaged 500 per ton. This
shows an increase IN the average
value OF the mill ore. The cyanide
department Is now operating success
fully on the ores OF the Florence
Goldfield Mining company.
On July 7 some shipping ore was
encountered In our 410 drift, This Is
g drift out of q raise from the fourth
level and Is the deepest point in the
mine where ore has been found. The
ore body Is Ave feet In width, about
half OF Il being shipping ore and the
other half mill ore. The first car OF
forty-three tons averaged sos per ton.
Two more cars are broken. The mill
ore averages about $25 per ton. This
discovery is too recent to admit OF
any estimation OF probable production.
About all that can be said OF IL now
Is that It Is the best ore body yet en-
couutered IN the property. that II Is
Of better grade on the lower side and
as yet has shown no indication OF
quitting.
A considerable quantity OF ore and
concentrates are now In transit. upon
which returns have not been re-
ceived. It Is therefore impossible TO
state what the July production will
be. It is certain. however that a
very nice profit will be realized.
The annual stockholders meeting
set for July II. 1918. was adjourned
since a majority OF the stock was
not present The adjourned meeting
will be held AT 2 o'clock p. m. Sep
tember IS. Those who have not al
ready mailed proxies 10 the company
will find a blank proxy inclosed here
with II s desired that q majority
Of the stock be represented and you
arc urged to send your proxy TO the
company at Goldheld, New. without
delay