The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-01-13
TONOPAH DEVELOPMENTS
SET FORTH IN REPORTS

ing 1850 tons, the Tonopah Extern
sion 224O tons, the Jim Butler 700
tons. the West End 29S tons, the
Rescue 100 tons. the Halifax -
tons. the Montana 325 tons. and the
NacNamara - tons, making the
total production for the week 745l
tons. the estimated value being
Sf24.29S. This valuation is calcu-
lated on the gross milling value Of
the ore.
Just prior to the first of the new
year. the TOnopah Mining company
completed its cleanup for the see
oud half of December. and shipped
to the smelter IS bars of GOLDFISH
YER bullion. The estimated valua-
ton OF the shipment, according to
the local office of the company, is
$4,000.
A resume of the operations of the
company during the past II months
makes very interesting reading, in
dicating most emphatically as il
does that the pioneer producer o:
the Tonopah district has, notwith-
standing the fact hat for 16 years
the property has output immense
tonnages of ore ranging from high
grade, which paid big profits even
though it was necessary to haul it
long distances to the railroad, down
to product estimated at about S12
per ton gross, a further productive
life that cannot now be measured
with any degree of certainty.
During 1916, the tonnage from
the mine at Tonopah amounted t.
approximately 100000 tons, which,
after being treated at the re6uC-
ton plant at Millers, resulted in the
shipment to the smelters during the
year of $|1,361.910 in bullion.
Although this is probably the
smallest yield. in the point of bal
lion shipment. of the company since
its mill was erected about nine
years ago, nevertheless, it shows q
w~ell-suited earning power that is
to be envied; and with the eXteIl-
sion of development work in parts
of the property which have hitherto
remained u%nexplored, plans for
which during the coming ear have
been mapped out, the results are al
most certain to demonstrate a much
further life for the Tonopah Mining
company in this district.
According to the figures publish
ed, the company earned as net pro
fits for the II months, from Jan
uary to November, 1916, inclusive,
$506,32S, the last mentioned month
having beer the most profitable n
of the entire year, The operations
during November resulted in the re-
turn to the company of $90,55O in
the way of net profits.
In the course of the year, 49,
1923 feet of development and pros
pecting work was done, adding
about 2R miles of underground
workings to the already extensive
system of drifts, crosscuts and other
workings. This makes an average
weekly footage Of 264.
TOnopah Extension
The growth of the Tonopah FIX
tension Mining company was demon
strated during the past year,
when the company proved itself ca
pable of sustaining a dividend rate
of Is per cent Dol par, Subse-
Quent to the acquisition of the To-
ropah Merger and the Victor pro-
perties, in the summer of 1918, a
vigorous campaign of development
Anpntpntin in tho
connection between the last nam
ed property and the workings in the
main Extension property that had
been extended to develop the big
Murray vein at it's western extrem-
ity.
With the demonstration of the
orebody from the S50-foot level
down to the 135O-foot depth, gain
ing all the time in width as greater
depth was attained, the company
proved up an immense tonnage of
ore that will be available for mill
ing purposes for years to come.
Connections were then made be
tween the Victor shaft, from tn
1540-foot level, by means of a long
cross-cut driven to the south, and
a raise extended from this level
when the Murray vein had been
penetrated and found to be over 40
feet wide, the raise eventually max
ing connections with a three-cOm-
partment winZe that was sunk from
the ~1350-foot level of the No. 2
shaft workings on the vein. The
raise was continued all the way NJ
in ore, as was the case with the
winze workings, and thus was proven
what is probably the most extei,-
sive oreshoot discovered in the To
nopah district.
Immediately upon the consum-
nation of the plans of the company
looking to the actual demonstration
&ho oonabiIitioc Of tha MURRAY