The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-09-29

placed an aggregate OF
$4,000.
Under its contract with the smell
ter company, the Tonopah Exten-
sion receives a slightly higher price
for the silver contents of the bar
than is quoted officially in the tech
nical trade journals, which places
the company in a position where i'm
mediate advantage is secured of any
rise in silver. That this is of great
Importance in these days of rapidly
advancing prices for that metal is
proven by the valuation placed by
the company upon the successive
shipments of bullion from the mill,
which are now given at about 81 an
ounce, whereas in former months
the company insisted on putting
valuations upon it's shipments which
were considered by many to be ultra
conservative.
Mining operations followed the
usual systematic plans mapped out
by the company, development, pros
pecting and stopping work going
ahead in the usual vigorous manner.
In fact, with better conditions OBJ
tanning in the mining industry, the
Extension, in common with all the
other mines in the district and in
other silver districts, is speeding up
its development work to take full
advantage of the benefits conferred
upon producing properties by the
tremendous advance in silver.
MacNamara Mine
An event of the greatest import
ance to the Tonopah Mining district
is the announcement of the MacNa-
mara Mining company to op-
erations in it's mine and mill. Work
in the mine has already started, a
force OF men having started blocking
out ore on all the levels, 100 feet
apart, from the first to the sixth
station depth, and within a short
time another crew will be put to
work on the 500 level to prepare for
extensive operations at that depth.
President J.. l.. Joseph has been in
Tonopah for some time and has been
very busy supervising the details of
the work as mapped out.
jim Butler Mine
From a total production of 3,4O3
tons during the month of August,
the Jim Butler company reports net
profits of $6,740.59, as compared
with 3,112 tons of ore milled in July
for a profit of $53,364.
The Jim Butler Tonopah Mining
company, supplied with the addi-
tional incentive created by the tre-
mendous rise in the price of silver,
is prosecuting development opera
tions vigorously on the Wandering
Boy workings, and in this process is
opening up ore On the Wandering
Boy and the Fraction veins which
under former conditions did not pay
to mine and mill.
With silver at $1.0SR per ounce,
however, and the prospects of con-
tinued advances in the price, due
to the acute situation in the silver
market, the Jim Butler, like all the
other producers of Tonopah, is in a
position to take advantage of the
present conditions and extract ore
that will show good profit.
President Heller is at present pay
ing a visit to TonOpah, inspecting
the Butler and the Belmont. Some
important changes are being planned
now by the two companies, and an
~nouncement of them is promised at
the earliest possible opportunity.
Such changes have reference to the
companies operations locally and at
outside properties.
West End Cons.
Another big shipment is reported
by the West End Consolidated Min
mig company as having been made a
few days ago, the result of the first
~bi-weekly cleanup at the mill. The
consignment consisted of 2S bars, the
weight of which is reported at 49,
381 ounces. At the prevailing prize
for silver, the bullion is worth
approximately $54,457.20, being
nearly the equal of the previous
which was valued at about
$55,93O, though considerably less
in number of bars and total weight,
there having been 81 bars shipped
at the end of August, weighing So
SAG ounces.
The mill is taking care of ton
averaging about 1850 tons per
week, most of the ore coming from
the Ohio workings, the older parts
of the main property and the disput-
area. The production has been
we'll maintained.
Halifax TOnOpah
Mining operations at the Halifax
Tonopah Mining company have con-
tinued as usual on the 1900 level
and on the bottom, or 100 level, by
of cross-cuts, which are being