The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-09-01

Ing ZoUU IOnS, the lOnOpdH EAleH-
sion $3.50 tons, the Jim Butler 900
tons, the West End 943 tons, the
Rescue 1876 tons, the Montana 76
tons, and the Cash Boy SIS tons,
making the total production for
the week 9407 tons, the estimated
value being $~164,622. This valua-
ton is calculated on the gross mill
ing value of the ore.
The Tonopah Extension Mining
company shipped early in the week
25 bars of bullion to the smelters,
the total weight of which vas ST.
800 ounces. The company has
placed upon the shipment a con-
sentative estimate of 800 per
ounce, making the approximate
worth of the bullion $53,100
Since silver has approached the 80
cent point in the eastern markets,
and the quotations az San Fran
cisco exceeded that mark during
the present week, when one of the
is seen that q very conservative
valuation has been put upon the
bullion that was shipped this week.
Construction work on the oil
burning electric power plant is go
ing ahead steadily, and it should
not be a great while before the
new equipment is in complete run
Mig order and ready to be sub
stituted when the regular power
fails.
Much more development and
prospecting work was done during
the present week than in the pre-
vious week. The total footage re-
corded at the mine was 17S, divid-
ed as follows: At the No. 2 work
ings, 81 feet, and at the Victor ter
ritory, 81 feet. The footage at the
latter place is exclusive of the work
of cutting the station at the 1880
foot level in the. Victor shaft.
which according to the report, is
going ahead without interruption
at the present time.
At the No. . shaft territory. on
the 600-foot level, a resumption of
work was ordered in cross-cut 500,
which was put out a distance of "a
feet during the week, for explora-
tion purposes. The cross-cut is con
t~inuing to make the same rate of
progress, breaking through West
End rhyolite formation.
On the 1170-foot level, the only
work in the past week was stopping.
nh H,r,o ,o;n vrna tIA &c
these operations, and the report
states that it is showing the same
width that has been reported for
several weeks namely three feet,
and hat the ore is of milling grade.
Tonopah Mining Co.
A recent report from Brecken-
rio ge, concerning the operations of
the T%onOpah Placers company is to
the effect that about 100000 worth
of gold bricks were shipped to the
United States mint from Brecken-
ridge early in August. The ship
ment is understood to be the result
of the preceding ten days dredging
of boat No. 9 of the TOnopah
Placers' company, which is operat-
ing the placer deposits of the Farm
comb Hill Dredging company under
lease.
The Farncomb Hill Dredging is
largely a local company and was
organized several years ago 70
demonstrate the value of the very
rich placer ground locally referred
to as the Snyder placer, which is
developed by a bedrock unnel
a thousand feet long, showing that
the bedrock stratum carried values
from so cents to over 81 per cubic
yard.
AS the parties interested in the
project were not men of large
means, and moi able to construct a
dredge boat of their own, they ac-
cepted a proposition from the
dredging company known as the
Tonopah Placer comLary, to oper-
ate for a term of years it's No. .
dredge boat on the Farmcomb Hill
Dredging company's property,
which adjoined the ground up
stream from the Tonopah com
DdHt > HOlulISo III hSHdu valley. liz
royalties paid were to apply upon
completing the purchase price of
the Farcomb Hill company's hold
ings, and fer the purchase OF the
dredge boat. Both purchases hav-
ing been fully paid for by the roy
alties, the Farncomb Hill Dredging
company. according to the journal,
announces a payment of a 4 per
cen dividend on a capitalization of
100000.
The report of nil operations for
Tie week endlng. August 18th shows
hat an average of SIS stamps were
kept dropping and that 1850 tons
Of ore o. the average value of
SASS, were put through the mill.
The footage record for the week
dicel0cnc that Soma work has hpaD