The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1915-01-30

pan mines was 1850 tons OF the
estimated value of $213,070.
Tonopah Belmont Development
company's profits for the month of
December were $117,604. Favorite
vein still looks exceptionally well.
Tonopah Mining company's devel-
opment proceeding along the usual
lines. Suit to prevent transfer of the
Panama Mining company's property
in Nicaragua has been withdrawn.
Tonopah Extension net profits for
December were s66,4S5. Mine is
looking fine and even better profits
are expected for succeeding months.
Tonopah Merger made two import
ant strikes. The first is on the L.
230-foot level where the drift went
through the fault and picked up the
downward extension Of the famous
ore body first found on the 1,17O-
foot level. On the LILO this was
one of the largest and best bodies of
ore ever found in Tonopah. The
north vein has also been picked up
on the LILO level in the middle
block where good ore has not prev
iously been found.
Tonopah Jim Butler net profits
for December we're $13,339. Devel-
opment and production at the Wan
dering Boy shaft has been resumed.
Montana Tonopah making prepa-
rations to ship to the West End
mill, the ore taken out in course of
development work now in progress.
West End Consolidated is now
treating an average of 1445 tons a
day from the mine in it's mill. The
development of hitherto unprospect-
ed territory is proceeding vigorous
ly.
Halifax still r%etimbering the shaft.
j. w. Cusick now in charge in place
of Robert Burns, who has resigned.
North Star has started a new
drift on a portion of the Macdonald
vein which has not been previously
prospected.
Rescue Eula shaft is down 905
feet and still in trachyte.
Tonopah Midway Consolidated
Mining company, the new company
which has taken over the Midway,
-.AeAt of l cent
per share.
Mizpah Extension shipped 32k
tons to the West End mill which
was taken out in December.
Cash Boy still sinking the shaft
and making good progress.
Buckeye Belmont has cut a nun
Der of good looking quartz stringers
in both drifts at the 1900 level.
Monarch Pittsburgh south crosscut
at the S5O-foot level has passed
through. the fault and is now in a
light West End rhyolite.
Umatilla Tonopah made the usual
progress in development, with no
changes in conditions noted.
Gypsy Queen crosscut made the u.s.
ual progress in trachyte.
TOnOpah Elk.
The net profits of the TOnopah
Extension for the month of Deem
Der were $66,4S5. This is some
what less than the preliminary esti-
AldIO puUlloHCu oOHlO WV WcchS d6O
but these are the actual figures, and
compare very favorably with those
of the previous month, which were
$4S,6OO. From this time on, how
ever, the earnings will probably be
greater as the increased capacity of
that have been put in during the
past few months make for efficien-
cy and economy.
The total net profits of the Tono-
pah Extension for 1914 were 1885,
712.
1t will be seen from the above
that there has been a decrease in
the earnings for the last half of the
year. The mine got into it's strife
about the first of July and has been
making a good record since, a rec
ord hat should improve somewhat
from now on and be maintained for
some years on the blocked out and
probable ore above the Ito level.
That there is plenty of rich ore be-
low that level is indicated, if not
proven, by the rich stringers from
the main vein which are encounter
ed daily in sinking the incline shaft.
Thursday morning a shipment was
made of As bars of bullion, weigh
ing 6,240 pounds, the estimated val
ue of which was $4,000. A carload
of concentrates value of which was
$500, or a total of $63,S00 for both
bullion ond cnnPQptratQS
Much slower progress has been
made for the past week on the
trench for the pipe line to the side
of Mount Brougher, where the big
tank in which the water for fire pro-
lection is to be located. The
trench has been dug through nearly
all of the soft sand and nearly all