The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-07-03

estimated value of s217,570.
Tonopah Belmont Development
company shipped bullion n con-
ceutrates from the local mill m
the the plant at Millers of approxi'
mate value of $145,000. This is the
result of the cleanup of the mills
for the first half of June.
Tonopah Mining company directors
have declared the regular quarterly
dividend of 25 cents per share, ay-
able July 81. When this is paid II
will make a total of $12,S5O,OOO
which the company has paid In diVi-
dends to it's stockholders.
Tonopah Extension profits for
month of May were $48,223. The
crosscut on the 1850 level has pass
ed through horse in vein n o is
on good ore on the fotwall side.
west End is now milling ore from
the ground that has been tied up LOT
oyer a year by litigation with the
Jim Butler company.
Jim Butler is doing some ex-
tensive development work thai ior
some time, operating on four differ-
ent levels from the Desert Queer
four levels on the Wandering Boy.
Midway lease of Foster and Cleary
has an unusually good showing. 1t
10 in virgin ground, and the raise a
a full a of ore . Steady shipments
are going out from different leasers.
Montana-Tonopah leasers are q
ing periodical shipments to the MILL
though they have not made any.
thing in the nature of a phenomenal
strike.
Mizpah extension made the u
progress in all four faces without
noticeable change.
Victor now has the water down TO
. noint II feet above the 1910 level.
North Star is stopping a little ore
from raise above $50 level, n also
above the intermediate level below
the 1850.
Halifax has started a south cross
cut from the east drift on h U
foot level. All other work going
ahead as usual.
Rescue-Eula drift on the vein and
tho crosscuts on the $50 level made
the usual progress without change.
Monarch Pittsburg has put on a
second shift and driving two nortn
crosscuts through the vein.
Cash BOYS new hoist will arrive to-
day and active mining operations
J will be resumed as o as it is IN
stalled. ,,,
Umatilla lowered the diamond drill
into place at the 1900 level touay.
Actual drilling will now be in order
to proye up at depth their own
ground, as we'll as that of the Mohsan"
and Extension companies.
Buckeye-Belmont making rsplu
progress on the drifts to the east on
the 1900 level.
Tonopah Bonanza has lowered the
nump to the TAO level ana resumed
sinking of the shaft. There are
signs of a change in formation ~ ms
next few feet.
C;vpsv made the usual tonnage IN
s.nking the shaft.
Belmont
AS a result of the cleanup OF the
mill for the first half of June tic
Tonopah Belmont Development com
pany early in the week shipped 90
lars of bullion, which weighed Ill.,
aO5 ounces and worth in the neigh
borhood of $S2,OO The plant at
Millers also shipped 38 bars, weigh
ing 69,49O ounces and worth In tue
neighborhood of $4,000. In addi-
ton to the above As tons of concen-
trates were shipped which are worth
in the neighborhood of $4,000. The
total value of the two shipments o.
bullion and of the concentrates Is
approximately $145,OOO.
The above shipments furnished con-
c,usiye evidence of the amount of ore
that the Slopes at the Belmont mine
are furnishing to the mill and the re-
sult of the new development YORK
in the mine is quite as satisfactory
On the 900 level the showing IN
raise 10, which is going up from the
e55 vein. continues to be unusually
gOOQ ana IL Is loiio"ihe N
much better than the ordinary grade
of ore. Another new raise was start
ed during the week which is being
nut up for the purpose of mining the
ore in the Favorite vein. A new veln'
two and a half feet in width, was cut
To north crosscut $50, but the values
where the vein was encountered are
rather low.
On the 1000 level, east drift 1913,
which picked up the vein last week
after passing through a fault is look
ing very good at present and shows
FIVE feet of good ore. East drift 1885
Is producing some very rich ore, but Ii
comes from a narrow streak. Raise
4s has reached the Favorite vein, 70