The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1916-03-25


reports from the Chief Consolidat-
ed, in Tintic district, indicate the new
strike on the 1900 level is about the
most important discovery that has
been made In this property in three
or four years
Shipments of ore from Tintic mines
last week totaled LAG carloads, which
is estimated at $4,000 tons valued at
$1S0,0O0, compared with Isl cars the /
previous week. This makes two
heavy weeks in succession.
High-grade gold-silver ore is being
mined on the American Flag prop
erty. in Park City Utah, district The
ore Is being sacked and it Is expected
that shipment will be sent, to. the
Salt Lake smelter in the very near |
future.
The Tintics milling plant that has
been constructed at Silver City in the
T!ntic district on the site of the old
Knight smelter, is now in operation.
The crushing. machinery is grinding
ore and two Holt-Dern roasters are
now roasting ore.
We are Informed from reliable
sources, that there have been numer-
GUS inquiries from Sweden Denmark
and other neutral countries for large
blocks OF copper, to be delivered Inn
naediately upon the conclusion of the
war, says the Boston News Bureau.
At the Ontario at Park City, Utah.
| the work Of retimbering and cleaning
up the 100 level.is. Progressing rap
idly. I. The water is being kept down
by the big compound pump. put in
commission after II had been under
water for more than twelve years.
Samplings made from a carload Of
rich gold ore shipped from the Chief
Consolidated OF Tintic showed that
the small car of only rs tons brought
$22;D75. The ore averaged for the car
! $S45.2O a ton. A regulation 50-ton car
would have brought more than
! $40 900.
Another orebody, not known here
lstofore to exist on the ground, has
been opened on the Creole Mining
companys property, located in the
Lincoln mining district Of Beaver
county, Utah. Miners are now en-
gagged in opening the body along the
| surface '.r,-
All records for the past six years
were broken on February rs on the
Salt Lake Stock and Mining exchange,
when the investing and speculative
public bought 3s6,521 shares of stock.
at valuation of $61,3S2.49. The Tin
ties were the favorites in the trad
ing. Prices moved upward.
Butte & Superior report of flotation
plant operations in January shows
value OF concentrates SIS per ton
higher than in December says the
Boston News Bureau. Total tonnage
of ore in January was 49,42S tons,
from which 1886 tons concentrates
were valued at $101.6 per ton at cost
of $305 per ton.
There seems to be little or no ques-
tion as to the Iron Blossom, in Tintic
district, being placed on its, former
IuiNluChu-Pdylu6 udSio VI ~ CcutS PCK
share per quarter. The mine already
has a dividend record of better than
$2,500,000 and when the earnings fell
off somewhat during the past year
the dividends were cut to cents .
share.
The strong movement for rail-
road into the Star valley, in Wyom-
ing, which has been promoted recent
ly by local people, will receive consid-
cradle impetus by the formation Of
the new mining company in Star val
4 ley which will need road to ship
out its ore, although it is claimed
that so rich is the ore that it will
pay to haul it in wagons to Border.
the nearest railroad station. ffty
1 miles away.