The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1916-11-18
TONOPAH DEVELOPMENTS
SET FORTH IN REPORTS

WIN StAS
the Tonopah Mining 1850 tons, the
Tcnopah Extension 1880 tons. the
Jim Butler 1850 tons. the West End
7q4 tons, the Rescue 1S9 tons, the
Halifax 215 tons, the Montana l15
tens. the MacNamara "a tons, max
ing the total production for the week
g757 tons, the estimated value De-
Ing ~e1GI.-GG. This On the gross
milling value of the ore.
The Tonopah Belmont Develop
r.ent company reports the shipment
of another huge lot of bullion from
its Tonopah and Millers plants,
while from the first mentioned mill
a carload of concentrates vas also
sent out. The bullion from the To-
roDah milling plant was in the form
of 81 bars. having a total weight OF
100.09J ounces Valued at 50 cents
per ounce. while is a conservative
estimate at the present price of
silver. this consignment is worth ap-
lroXimately $S5,0S0.75.
From the Millers plant, there were
shipped "a bars, weighing 1855
ounces. Upon the same basis this
bullion shipment has an estimated
valuation of ~$4O,431.1O. The car
load of concentrates from the To-
nopah plant. which weighed "A
tons, is estimated to be worth about
$500 per ton. making the value Of
this shipment $4,000. The total
worth of the shipments, therefore,
for the last half of October, is In
the neighborhood of $143,111.
At the present time. the company
in addition to it's development work
which is proceeding in regular
course at the main local property,
i undertaking the exploration Of a
large acreage lying nearly a mile
u the east of the eastern boundaries
of the company's estate. This pros
pecting work, by means of diamond
and churn drills, is progressing in a
satisfactory manner, and success in
its efforts will be attended by an
era of aggressive development on
the part of other companies adjacent
and nearby to the properties which
the Belmont company recently took
over.
The operations at the outside
properties, that is, at the Surf Inlet
mine in British Columbia, and the
Emma gold mine, in Colorado, are,
according to the latest reports re-
ceived, progressing as favorably as
can be hoped for, and it should not
be a long time ere the first-men-
tened mine will be showing itself
To be a producer of the first class.
At the main local property of the
company, on each of the levels from
the 600-foot depth down to the bot
tom, or 150O-foOt level, a good rate
OF progress has been maintained,
either in the way of development
and exploration work or in con-
struction work accessory to the con-
t:nuation of such operations.
On the 6OO-foot level, the pros
pecting operations which are being
conducted by means of south cross
cut 651, which several weeks ago
was started from $50 east drift on
the South vein, have developed a
l~foot width of medium grade ore.
TonOpah ExttnsiOn
From the TOnopah Extension
Mining company's mill at Tonopan
there was shipped during the pres
cnt week, as a result of the final
T'papln fnr. tha n,0-tI 80 O4
% big bars of bullion, whose total
weight amounted to 1910 ounces.
TIE value of the shipment, accord
ing to the management, is $62,61S.
but undoubtedly these figures will
show considerable enhancement
when the actual returns are made
on the shipment by the smelter.
Predictions of 75-cent silver are
freely made in Tonopah, as we'll as
on the various exchanges and bust
ness marts of the country, according
to reports hat are received The
Tonopah Extension fares very well
indeed in its sales of it's product,
getting a al a CEN per ounce ey
TIA over the prevalent quotations.
The net earnings of the 'ronopal
Extension have been maintained 1T
tie same excellent standard that has
prevailed all through the present
year, as is disclosed by the regular
ity with which the shipments have
been made from the mine and mill
during that period. This excellent
condition is reflected in the great
demand lor tie stoct of the COM
pany shown by the investing public,
which il 'u;ck to take ADVANTAGE of
opportunities for getting into invest
n.ents which offer promise of per-
manency together with a larger de-
gree of returns on the money in
vested than is usually found in in,
dustrial stocks.
h TOnOpah Extension. which has