The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-11-28
OUTPUTAOF TONOPAH MINES FOR WEEK:
Two COMPANIES MAKE BIG SHIPMENTS

should arrive in Tonopah within
three weeks. The foundation for the
hoist is all ready, so there will be
little delay in installing it after its
arrival.
The Extension management has
also purchased a large precipitate
melting furnace, which has three
times the capacity of the two now
in use. This furnace was shipped
from Baltimore two weeks ago and
is coming by way of the Panama
canal. 1t should arrive here in two
weeks more.
In regard to the suit of the Tono-
pah Mining company against the
Tonopah Extension company, there
are many rumors that the two COM
panies would get together and set
tie tie matter out of court. While
no official announcement has been
made by either side it is possible,
if not probable that this will occur.
The most important feature of the
development this week at the Tono-
pah Extension mine occurred at the
1,170-foot level. In cutting out for
Slopes from west drift No. 1 a false
footwall was broken into. The ore
in the drift was four feet wide but
it is now developed to the point
where it shows the ore body to be
twenty feet wide and the ore is of
good average grade.
Another feature of Importance oc-
Cured in the east intermediate
drift above the 95O-foot level. This
drift had encountered a fault, but
this has now been gone through and
the vein picked up again. About
four feet of good ore is showing
and the handing wall is not yet in
sight.
Montana.
Though the decision of the di-
rectors of Montana-Tonopah COM
pany to close the mill temporarily
was IN the last issue of
the Miner, the actual shut down will
not take place before this evening.
Therefore the mill treated very near
the usual amount of ore the past
week.
AS was announced in the official
notice sent out by the company, de-
velopment work in the Montana
mine, and that portion of the Mid
way which is under lease, will con-
tinue uninterruptedly and crosscuts
are being run to tap the extensions
of ore bodies which were mined at
a good profit.
The new ground broken during
the week was seven feet more than
the previous week. On the 465-fOOt
level of the Montana a crosscut has
opened up eighteen inches of good
ore. From present appearances it
is Judged that the vein was broken
into up against the fault and more
work will have to be done to deter
mine the value of the find.
Another development that may
prove important occurred in a drift
at the G55-foot level of the Montana.
This drift is in a vein which shows
a width of eight feet. with the hang
ing wall not in sight. The values
are spotty but decidedly encOurag-
ing and further development will be
watched with interest.
Jim Butler.
The annual meeting of the stock
holders of the Jim Butler-Tonopah
Mining company was held at Phila-
delphia last Wednesday and the di-
rectors were reelected. President
C,yde A. Heller presided, and &c.,
329 shares were represented. a ma
jority of the outstanding stock.
The stockholders voted to Change
the date for holding annual meet
ings in the future from the second
Wednesday in November to the sec
ond Wednesday in January. 1t was
announced that the suit between the
Jim Butler company and the West
End Consolidated Mining company
will be tried next month. Directors
will meet for organization on Nov.
25.
The total mine production of
Jim Butler for the year ending Sep
TENDER so, was 34.722 tons of ore
having a gross value of $744,799 or
$21.45 a ton, according to the report
presented to the shareholders. The
net realization was $247,5OO or
s7.13 a ton. Operating expenses
amounted to $12.1S a ton.
West End.
A bullion shipment of 20 bars
weighing 43,4S5 ounces and valued
in the neighborhood of $4,000 went
out from the West End on Thursday.
This is the result of a cleanup for
the first two weeks in November.
Owing to the fluctuations in the
price of silver the exact value can
not he given, but it is much lower
of course than when the silver
market was normal.
- -~-~noond