The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-01-16

Iuc DclulOIt vi WcuucSudy
shipped 81 bars of bullion, weighing
162,TO5 ounces, the estimated value
of which is s11S,775. One car OF
concentrates was also shipped the
same day.
Tonopah Mining Co.
Just before going to press the fol-
lowing telegram was received from
Philadelphia:
The Tonopah Mining comanv has
today notified the Panama Mining
company that on January ~ it will
exercise it's option and take over the
Panama Mining company property
in Nicaragua. This properly viii be
operated by the Eden conrany, the
corporation formed for ;rat purpose
by the Tonopan Mining company.
The report f.om TIE local mine ri
the Tonopah Mining company is one
which is doubtless uninterest:ns to
one who is locking for so:icthing
spectacular ,r ,NcuiI... hut to stool
holders in the company it shoJ}d he
quite satisfying.
The report from the mill for the
week ending Jan. 2 shows thai nine
five stamps have been constantly
dropping and crushed 2,675 tons of
ore of an average alue of $3.50 a
ton for an average extraction of 80
per cent of the values. Shipments
from the mill consisted of twenty
49, l.r 80 h,,ll;0r o1,,oJ OF eCS-
500. No concentrates were shipped
this week. A total of 249 feet of
new ground was broken in the past
week, divided among the properties
as follows Red Plume, e~ighty--six
feet; Sand Grass, LOG feet and Sill
er Top, fi~fty--seven feet.
TonOpah EX.
Manager Kirchen of the Tonopah
Extension company estimates that
the profits for the month Of Deem
Der will be about $1,000. 1t will
lie some days yet before the actual
figures will be known, az the return
for the last shipment of bullion and
concentrates have not been received
but they will vary little from the
amount above stated. There have
been a number of statements pub
lished indicating much larger earn
ings for the TonOpah Extension, but
such exaggeration is deprecated by
the management.
On Monday of this week the Ex-
tension shipped twenty-five bars of
bullion weighing 3,0S6 pounds, and
of the estimated value of $26,50O.
This figure is based on silver at As
cents per ounce, though it has never
got quite so low as that but for brief
periods. A carload of concentrates
and Stag was also shipped the same
day, the estimated value of which
was $4,000.
During the week the Extension
company started digging a trench
for a pipe line which coneys water TO
a tank to be placed on Mount
Brougher. This is for the purpose OF
providing adequate fire protection
for mine and mill. The water will
be pumped from the Victor through
a four inch pipe to the tank which
will haze a capacity of 10000 gall
Ions. The distributing mains will be
three inches in diameter and there
will be eight hydrants, with two hose
connections on each, about the Ex-
tension mine and mill.
Jim Butler.
The management of the Jim But
Ter company expects that mining
operations at the Wandering Boy
shaft will be resumed during the
coming week, after a considerable
time has been spent in retimberins
the shaft. installing a new hoist and
erecting new buildings for the CON-
pressor and adding many other sur
face improvements.
Everything is now in readiness
with the exception of a new belt for
the compressor, which should arrive
within a day or two, an dthe putting
on of the finishing touches on some
platforms that are being built.
The head frame was finished dur
ing the week and is n of the most
III ohhP "oP DoAAe
under contract by Campbell and
Kelly.
The new Nordberg electric hoist
has already been tried out and Man.
ager Pike says that it uns as smooth
as a sewing machine.
In the work from the Desert
Queen shaft the most important de-
velopment was on the 700 foot level,
raise 705, which has been going on
through a fault, picked up the vein
again and the full face Of the raise
is now in ore of good srade. it was
not an unexpected development how
ever, for it was practically certain.
Montana
AT the local mine of the Montana
Tonopah company there is the same
record of earnest and intelligent de-
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