The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-03-27

/, north crosscut, the latter being tenn
porarily discontinued.
Jim Butler
The report of the Jim Butler To-
nopah Mining company for the month
of February shows net profits of
$22,444, from a total of 1885 tons
of ore milled. This is the best show
ing that the Butler has made since
last June, with the single exception
of the month of November, when the
profits were $2S,390. The profits for
the month of January we're $1S,033
and for the preceding month of De-
cember they were only $13,339. The
profits for the twelve months OF
1914 were $279,290, an average of
$23,274.
1t will be noticed that the profits
for February We're almost equal to
the monthly average of 1914 though
for the first six months of the year
the price of silver was considerably
higher and there was no portion of
the property tied up in litigation as
is the case at present.
The most important development
of the week occurred in raise 1856,
which is being put up into "the strip"
from the 700 level of the Wandering
Boy shaft. This raise broke into the
footwall of the vein last week and
showed only low grade values. A
decided improvement has taken place
and it now shows from three and a
half to four feet of very good ore.
The cast drift off No. 6 stope at this
level is also looking very good and
shows III ee feet ct gn-d ore The
same is true of raise 7O4 which is
following from two and a half TO
three feet of good ore.
Tonopah Mining
The report of the Tonopah Min
ing company for the month of Feb
ruary shows net profits of $47,SOO
"a decrease of $9,O75 over those
for the preceding month-which
we're $56,S75. In calculating the
value of the bullion produced silver
was figured at so cents per ounce
and as the white metal has for some
days been quoted above SO cents, the
real value, the profits for February
will total quite a little above the
figures given.
In the month of February there
was a falling off of 2,4OO tons in the
amcun of ore milled and the value
was so cents per ton less than in the
month of January.
At the local mine the most i'm
portant result of the weeks develop
ment was the coming into ore, as was
expected in raise on the West End
vein at the $40 level of the Silver
TOP. This raise is nov following from
'hree 20 four feet of mill ore.
The stope on the Red Plume vein
at the 500 level has maintained the
improvement in values which was
noted last week. Otherwise there
were no changes not covered in the
formal report.
TOnopah Bonanza
The Nevada California Power COM
pany will start work in a few days
ON a power line which will convey
the Juice from a point on their main
transmission line near Great West
ern property over to the Tor opah Bo-
nanza Mining company's ground. a
distance of about 1000 feet. 1t is
expected that this line will be COM
' pleted by the first of the month.
In the meantime preparations for
the resumption of actual mining at
the Tonopah Bonanza are going
ahead so that when the power line Is
completed there will be no delay.
A transformer house is being built,
a device for the automatic dumping
of the buckets is being installed and
the gallows frame is being raised Is
fee. An electric station pump. with
a capacity of 5000 gallons daily,
has been ordered and should arrive
shortly.
North Star
The raise from the 1870 inter-
mediate level at the North Star has
1850 level and cutting out for a
stOpe above the 1880 v has been
started. The showing in both the
raise and the winze is very fair.
While the vein is not large at this
point the values are quite satisfact-
DRY.
The southeast crosscut On the
$50 level is being continued in
trachyte. During the week a quartz
vein, two feet wide, was cut but the
values are not encouraging. though
some drifting may be done later.
The new crOsscut on the $50 level
made good progress and cut numer-
Gus quartz stringers during the week
several of which showed ~appreciable
values.
Monarch Pittsburgh
Tho raise which WAS started on