The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-02-24
TONOPAH DEVELOPMENTS
SET FORTH IN REPORTS

The report of the Tonopah Min
ing company as to its net earnings
for the month Of January seems
rather paradoxical. With the tom
mage increased more than a thou
sand tons over the December re-
port. the average value of the ore
nearly so cents higher in January
than was reported in the preceding
month, and the gold and silver bull
lion reported, in ounces and total
value, correspondingly increased.
the net profits of the company for
January were practically the same
as those contained in the December
statement. But upon analysis, a
reason is found for the apparent
discrepancy. Everything consumed
by the mine and the mill, includ-
ing labor, materials, supplies, tools,
chemicals, cyanide, ETC., has been
rising like a rocket, and n of the
most serious problems confronting
the mining companies now is that of
keeping the costs down while main
tanning the usual rate of produc-
ton.
1t is true that the companies that
sell their silver product r getting
some of the advantage created by
the recent rise in silver, and yet
their joy is not unalloyed, for the
enormous increases in the costs of
production and treatment render it
impossible to take out ore that I'M
der ordinary conditions would now
be of profitable grade; and so long
as this condition lasts, it will I'M
doubtedly be found that despite the
increase in the price of silver the
profits of the companies will main
tain a stationary basis.
There has been no Jews of any
nature received from the outside
properties of the Tonopah Mining
company, favorable or otherwise.
However, when the annual report of
the company is received, which will
no doubt be within a short time, it
is confidently expected hat it will
show that the management has been
able to maintain the highly satisfac-
tory standard of operations that has
prevailed in former times.
The report of mill operations for
the week ending February 10th
shows that an average of "a stamps
were kept dropping and that 200
tons of ore were milled, averaging
$3.50 in value. There was sent to
the smelters AT bars of bullion,
with a gross value of $4,000.
Mining operations at the com
pany's property in Tonopah, accord
ing to the report of the present
week, show hat the company is
gradually lettering it's development
record, which last week was away
below the average, in that period
an advance of only PIT feet having
been made. During the present pc
Rod the footage record is 259 feet,
some time past. Most of the work
was done in the Sandgrass claim,
where the various workings vera
extended for a total distance of III
feet. At the other portions of the
mine, 148 feet of work was done,
divided as follows: At the Mizpah
claim, A feet, and at the Silver Top
claim, 104 feet.
In the last-named section of the
mine, on the 540-foot level, the
regular stopping operations were car
ried on in the Burro No. A hanging
wall vein and on the Valley View
Iootwall vein. The excellent show
ings that have been reported in re-
cent weeks continued without abate-
ment during the period covered by
this report. The stope on the hang
ing-wall streak of the Burro No. 4
vein is still breaking across a width
of about 3 or 4 feet, while the reg
ular production was made from the
footwall vein of the Valley View,
west of the Silver Top shaft, from
a two-foot width of good grade mill
ing ore. Conditions on this Level
maintained the same status as was
mentioned in the previous report.
There was 40 development work un-
dertaken during the week.
On the 540-foot level, raise 644
in the footwall of the Burro No. 4
vein advanced the usual distance on
a width of 2 to 3 feet of low-grade
quartz. The purpose of raise GAG,
in the footwall of the same vein at
a point further west, was attained
when it holed through to the level
above. For a distance of so feet,
the raise exposed a showing consist
ing of 3 to 4 feet of quartz, which,
while of low grade. may upon de-
velopment make into a more sub
stantial orebody. An important de-
velopment was shown in west drift