The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-04-20
TONOPAH DEVELOPMENTS
SET FORTH IN REPORTS

the mining industry, to the effect
that the Belmont, with its local and
outside properties, will soon become
one of the largest and most impor-
tant mining corporations hat exist.
The latest report given by the
management, with regard to mining
operations at the Belmont mine in
Tonopah, indicates with what sue
cess the development work is pro-
crossing. This report is as follows:
On the 7OO-foot level, 721 east
drift from north cross-cut 7O2, after
making a short distance, solved the
fault that cut off the Shoestring
vein last week, and the other seg-
ment has been picked up. Where
iutersected, the recovered portion
Of the vein has been found to be
about " fet wide, and to be COM
posed of medium grade ore. North
cross-cut 724, which is being driven
from east drift 703 for the purpose
of prospecting for branches of the
Rhyolite vein system, has advanced
continually in West End rhyolite.
During the latter part of the week,
however, a couple of streaks of ore,
varying from 6 inches to 1 foot in
width, were cut. Fair values have
been found in both these narrow
streaks. The cross-cut is still being
pushed forward for the purpose of
prospecting the ground ahead, with
the object of reaching the main
branches of the vein. Raise IL, 60
ing up from 721 east drift on the
Shoestring vein, is making good
in following a 1-foot width
Of fair grade ore. Another raise,
No. IL, is being sent up at another
point on the same drift on the
Shoestring vein, and at the top of
the latter raise, the showing o
sists of a 2 " foot width of medium
grade ore.
On the SOO-foot level, east drift
SIS from north cross-cut 6, which
heretofore had been advancing on a
1k-foot face of low-grade material,
has shown a slightly decreased
width, the vein at the present face
of the drift being about a foot wide.
There has been no change so far
as the values r concerned. West
drift 5000, going out from south
cross-cut 8S7, is still being pushed
through the fault which vas en-
countered last week.
Tonopah Extension
The final cleanup at the Tono-
pah Extension Mining company's
mill for the month of March was
made last Friday and the shipment
of the bullion resulting therefrom
was sent to the shelters the follow
ing day. The consignment consisted
of 81 bars of gold and silver, on
which the company officials have
! placed an estimated valuation of
$4,000.
The prospect of obtaining a dol
lar an ounce for the silver product
of the Tonopah mines has greatly
i encouraged operators in this camp
as we'll as at every other camp in
the state where silver is one of the
products, either principally or in
conjunction with other metals, such
as gold, or copper, or lead. AS is
indicated in the reports which have
been received from Washington, the
bill provides for the purchase of
25O,00O,0OO ounces of silver at a
fixed price of 81 per ounce. From
the various reports that have been
to be purchased will take care of
the entire output of the United
States for three years and over,
last years production having been
about $4,000. 600 ounces.
The immense showings in the To-
nopah Extension mine, as expressed
III the OHlclal Reports TeHueTeu edCH
week by the company, are sufficient
in themselves to give cause for con
graduation to the stockholders of
the Extension, who have faithfully
encouraged the prosecution of work
at deep levels in the Victor section
Of the company's ground. With the
added prospect of getting a price for
the main product of the mine to
compensate for the increased cost of
ings of the Tonopah Extension, as
with all other producers in the To-
nopah district, should show a cor
responding increase as soon as the