Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1916-12-23
PROPERTY NEAR SCHURz
To BE DEVELOPED
EXTENSIVELY

stock of Yerington Mountain Copper
Company on the New York curb dur
ing the post two weeks, and its sensa-
tional rise from IS cents to A,
with daily trading covering broat
market running from $4,000 to 20,
600 shares Z day, has aroused the
keenest interest among wcll-informcd
eastern buyers. This is Gilmore re
markablt when it is considered tina.
practically no publicity has been given
to the enterprise in the east. The re-
action OF the past few days, due to the
German peace annauocement, which
demoralized the entire market, Is
known to be only temporary, and re-
ports lust received from New York
tell of heavy private buying which
portends very early recovery and
rise to much higher levels. Some OF
the best informed trader sare predict
stock will pass the dollar mark with
in short time.
1t is only natural that this enter
prise should meet with this success
When the facts were first learned by
the public that the company owns
two large copper mines, one, the Adc-
laide company, comprising Is claims
and the other the Yerington Moun-
tain, consisting OF IS claims, unusual
interest was stimulated; and when IT
was further demonstrated that very
extensive development work had been
done on both properties, opening
large ort bodies from which regula
shipments are being made of ) per
cent copper ore it was to be expected
that the stock would become one oi
the popular traders.
The confidence of investors has
been further impressed by the knowi-
edge OF the success that the presen
management has achieved IN the MN
ing industry, notably in the Tonopat
and the ManiAt Ills yicts, ron
stituting a sufficient guarantee OF thc
merits of the enterprise and that tho
management will be IS it always has
been since coming under the present
control. OF the highest class.
While the property near Schurz Is
now the mainstay of the corporation
because OF the fact that under the
systematic pltr of development
mapped out by the officials OF the
company il has become one of th6
steady and regular producers of the
big copper belt wrich practically in
cludes all of Lyon and a large par
OF Mineral county and in which is Sit
uated such big producers as the Blue
stone. owned by the Delamar inter
ests. the Ludwig, high grade copper
proposition, the Mason Valley, ano
the Nevada Douglas. the mine at Ad
elside. in Humboldt county, whic
was acquired some months ago from
the heirs OF the j. p. Coats estate
has equal potentialities. Over peri
cd of many months numerous test
have been conducted by the manage
ment with a view to ascertaininp the
sdaptability and amenability of th'
ore from this mine to the hotatior
process. A consistent record OF re
covery, amounting to 60 per cent
after crushing to 20 mesh has beer
made by these tests and while this
is satisfactory in many respects. the
management is confident that with
further series of tests this record car
be bettered: and the extreme conser
vatism of the management with the
spect TO making predictions is ample
assurance that no extravagant prom.
ises have been or will be made con
cerning the results obtained in the
treatment of the ore. The concen
trates derived as result of the test
have producer regularly assays of i
per cent copper and Ia ounce of sill
yer. This would indicate that the
contents of the ore after concentra'
ton. and measured at the present
valuation for the metals. would b.
easily SIPS a ton.
Under the direction of superintend
ent w. l.. Taylor, an active campaign
of development was commenced at
the Adelaide mine. An inoiine shalt
which was started by the former own
ers, and which, owing to disuSe, has
become filled ur with muck, is nov
being cleared out preparatory to
sinking to further depths. 1t has
been necessary, in order % carry on
this work, to procure additional
equipment. consisting of pumps, etc
A pump of the proper capacity was
ordered from San Francisco. but on
account of the usual difficulties expert
enced in obtaining equipment from
machinery houses. the management
was compelled to look elsewhere for
the pump. Fortunately the company
was able to obtain the necessary appa-
ratus in Tonopah, and it was shipped
to the Adelaide mine this week. This
pump is of amply Efficient capaci
ty to take care of any How o.
water not inordinatcly great, and
so soon as it shall h We been placed
in commission progress in opening up
teh Adelaide mine at greater depths
should follow with increased rapidity
The present depth of the inclined
shaft is Is feet. Because the mine
was neglected over long period OF
years. it is impossible at the presont
writing to estimate the tonnage in
sight at this property, but so soon as
the workings have been put in good
shape, which will be within few