The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1916-08-19
DEVELOPMENTS
SET FORTH IN REPORTS

ing 1900 tons, the Tonopah Exten-
sion 1900 tons, the Jim Butler 166
tons, the Montana 81 tons, the Mid
tons, making the total production
for the week $3.50 tons, the tsti-
mated value being s1S7,36O. This
valuation is calculated on the gross
milling value of the ore.
The two big milling plants of the
TCnopah Belmont Development COM
pany have registered grand output
totals as a result of the final clean
ups. at the respective plants, for Tie
month of July. From the Tonopah
mill there were shipped 90 bars CT
bullion. weighing 1870 ounces
and 80 tons of concentrates. The
bullion, whose value Is estimated
c~onservatively at 80 cents per
ounce, has an approximate worth of
$105,704, and the concentrates,
which are worth in the neighbor-
hood of $3.50 per ton, makes the
total estimated valuation of the
shipment from Tonopah to be $126,-
0O4.
warded to the smelters 30 bars Of
bullion, having a total weight If
51,554 ounces, and a carload of con-
centrates weighing % tons. The es-
timated valne of the bullion, cal
culated on the same basis as that
shipped from the Tonopah plant, is
SAL .243.20, and of the concentrates
$S,O5O.
The grand total of the mixed ship
ments from the two plants makes
the imposing sun of $167,247.2O,
of which STAG, 947.20 was in the
form of bullion and the balances or
$4,000, was concentrates.
This week marks the resumption
of operations on the 600-foot level
from the Desert Queen shaft. where
a most promising development has
recently been uncovered. This is N
an east drift near the Jim Butler
end line, where 4 feet of good grade
ore is now being followed. This
strike was only lately made by the
latter company and the Belmont is
now pushing the drift towards the
east in it's own ground to develop
the showing that has already been
made. The drift has been num-
bered $50, and the vein has been
South vein IN this level.
General Manager Bradshaw is
still at Princess Royal Island over
seeing the development and con
at the Surf Inlet Mine.
TOnOpah Mining Company
There was shipped this week by
the TonOpah Mining company to the
smelters 33 bars of gold-silver bull
lion, which has an estimated valu-
alton of $43,100. The bars weigh
ed between 100 and 10 pounds
apiece, annd the total weight of the
shipment was about $500 pounds.
The Tonopah Mining company,
along with the other producers of
Tonopah, will share the benefits of
the higher prices which have late
ly prevailed in the silver market,
in the event it should care to place
its product on the market at the
present time.
The last quarterly report, which
was recently mailed to it's stock
holders and which disclOses that
The company has silver bullion in
storage amounting to $~49O,515.6C,
calculated on the basis of SO cents
per ounce, would indicate that the
company is adding to it's metal 20
port, which was published in The
Miner on April goth, the item of
stored bullion at the same book rate
amounted to $431,010.95, signify
ing that the company has added
about 100000 ounces of silver to
it's stored reserves since the first
of the year.
The report of mill operations for
the week ending August 10th, shows
that an average of GA stamps were
kept dropping and that 215O tons
of ore were put through the mill.
The ore averaged $14 per ton.
Development operations as they
were extended during the week
added a total distance of 270 feet
to the miles of underground work
ings which pierce the company's
ground on the various levels from
the 100-foOt point down. This
amount was subdivided among The
various sections of the mine as
follows: At the Mizpah claim. IL
feet; at the Silver Top territory,
SO feet; in the Red Plume claim,
20 feet, and at the Sand Grass claim
100 feet, making the total stated
above.
Tonopah Extension
The largest single shipment sent
out this a by the Tonopah EX-
tension Mining company, if not in
the entire history of the corpora