The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1914-06-20
jim BUTLER MAKES new PRODUCTION RECORD:
BELMONT MAY PROFITS AMOUNT TO $I524II

Tonopan elmon prohts for May,
$~152,411. The Mizpah Fault vein
encountered on the 900-foot level of
the Desert Queen workings, showing
a full face of very good ore. The
Shaft vein OF the 1166-foot level of
the Belmont workings now shows
two feet of splendid ore.
Tonopah Mining company's net
profits for May, 1886. The COM
pany shipped this week 43 bars of
bullion, valued at $52,700, and 80
tons of concentrates valued at $11,-
500, making a total of $4,000.
Tonopah Extension West drift on
the Murray vein still showing large
body Of very good ore, the old mine
showing Improvement on the lower
levels.
Montana-Tonopah encounters sew
en- inches of rich ore on the 100
foot level, and is opening up promis-
ing values in the Macdonald vein on
the 765-foot level, and from the bot
tom of the winze below this level.
WcSI EuO CoIupdHy
raising to the lower contact vein on
the 1000-foot level.
Tonopah Merger still drifting west
ward on the 117O-foot level on ship
ping ore.
Cash Boy shaft now through the
fault and entering trachyte formation
at a depth of 1900 feet.
MacNamara commences intermedi-
ate drifts on the Lower Contact vein
on the S00-foot level in mill ore.
Jim Butler Tonopah company's net
profits for May, $42,923, establishing
a new high record. The Fraction
vein showing a width of three feet of
good ore on the eighth level of the
Wandring Boy shaft.
Tonopah production this week H.
ass tons of the gross milling value
of $295,395, an increase of 22S tons
over last weeks output.
Tonopah Victor will commence
c%rossbutting to vein on the 14SO-foot
level early next week.
Rescue still drifting in an easter
ly direction on the vein, and cross
cutting south for other ore bodies.
North Star footwall vein showing
Improvement in values.
Midway still prosecuting and
drifting west on the vein opened up
on the 1200-foot level.
Misunderstanding vein proved to
be Is feet wide on the 110O-foot lev
ell. Drifting west still in progress.
Belmont
The report of the tonnage and bull
lion production of the TOnOpah Bel
mont company for May follows:
Number dry tons milled, 1861;
net value of ore, $262,SO4.43; num-
Der ounces gold bullion produced, 3D.
728.059; number ounces silver bull
lion produced. 340.O12.67; net profit
for May, ~$152,411.
The report shows an increase OF
331 tons of ore treated and $1917 in
net profits as compared with the re-
port for April. The earnings for the
previous three months were: Feb
ruary, $154,3O4; March, $153,611;
April, $150,494, showing a large sur
plus over dividend requirements.
Several improvements have oc-
durred in the past week in the I'M
foreground workings of the Belmont
mine in the Mizpah Fault and Shaft
veins in the workings from both the
Desert Queen and Belmont shafts.
On the 8OO-foot level of the Des-
ert Queen workings the northwest
drift which was being extended along
the Mizpah fault has now encounter
ed the Mizpah fault vein, showing q
full face Of good ore on which drift
ing is now in progress.
This promises to be a most import
ant development for the reason that
the vein in the eastern workings of
the mine, from the Belmont shaft, is
proving to be a most important ore
body in point of tonnage and excel
lent average values.
In these workings, the Occidental
vein on the 9OO-foot level continues
to show a width of three feet of very
good ore, and on the 1O00-foot level
raising on the vein is still in prog
ress on three feet of good mill ore,
and a very large tonnage of very
good mill ore has been developed in
this vein between the 700 and 1000
loot levels.
In the workings from the Belmont
shaft the shaft vein shows great i'm
provement on the 1166-foOt level
where the west drift has encountered
two feet of splendid ore. the vein last
week only showing a width OF eigh-
teen inches of mill ore.
This vein on the twelfth level
shows a good body of mill ore in an
east drift, and on the thirteenth lev
ell two drifts are being extended in
a width of three feet of mill ore.
The favorite vein continues to
show a good body of ore in a raise
fro mthe 1OO0-foot level.