The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-01-12

Mines of Tonopah produced 1885,
900 tons, valued at approximately
ss,64O,OOO.
Dividends declared during year,
$1,S70,309, making the total re-
turns to stockholders $~30,559,54S.
West End develops an. enormous
orebody in old Ohio ground. Vein
proven UP for several hundred feet
on it's strike, and a greater distance
on it's dip, with high grade milling
values constantly shown.
Tonopah Extension fine
body of ore at greatest depth in the
Tonopah district,-16S0 feet. Mer-
ger vein promises to make one of
the best discoveries ever found
here. High grade values in face of
west drift on that level.
Several new mines-Rescue, Cash
Boy, Monarch Pittsburg, Midway
added to list of Tonopah producers.
Older mines, Montana, North Star
and Halifax produced many tons of
good grade ore.
MacNamara reopened its mine and
now operating mill, at the rate of
500 IONS per week. Company also
finds eastern extension of the big
West End-Ohio vein.
Other companies, West Tonopah,
Great Western, Bonanza, Tonopah
West Consolidated, Gypsy Queen and
Buckeye Belmont, actively engaged
in prospect work, with excellent
chances for success.
The Tonopah Belmont sent to the
mill last week 22S5 tons, the Tono-
pah Mining 1900 tons, the Tonopah
Extension 1880 tons, the Jim But
lie, TAG tons, the West End 1247
tons, the MacNamara SIT tons, the
Montana AZ tons, miscellaneous 81
tons, making the total production
for the week 1918 tons, the esti-
mated value being $17S,115. This
valuation is calculated on the gross
milling value of the ore.
Intensive activity continues to be
shown at the Tonopah Mining COM
pany's surface dumps, where a num-
Der of men are engaged in trans
ferring the rock to gondola cars for
shipment to the company's mill at
Millers. 1t Is reported that these
shipments are going forward at the
rate of about six carloads per day,
maintaining the weekly mill run at
about $500 tons.
In this connection, it will be OF
interest to those concerned in the
progress of the company to know
that beginning on the first of the
new year, the Tonopah Mining COM
pany commenced making shipment
Of part of it's product to the local
mill of the Tonopah Belmont Devel-
opment company.
The arrangements under which
the mill of the latter company is
now handling some of the Tonopah
Mining company ores were consum-
mated during the month of Septem-
Der, on the occasion of the visit OF
Mr.. Clyde A. Heller, president of the
Tonopah Belmont Development com
pany, tt Tonopah.
For the present, the Tonopah
Mining company contemplates send
ing only about $50 tons per day tc
the Belmont mill, and this will
come almost entirely from mine orc
Meanwhile, the cOmpany's plant a.
Millers will be worked on the dunn
ores, and will be kept running al
capacity until the dumps have beer
removed.
The agreement between the two
companies is calculated to result IL
direct benefits for each. The full
capacity of the Belmont mill, work
ing on company ores and those from
the Jim Butler and Tonopah Mining
companies, will be realized, assur
ing a lower operating cost per ton
and the latter company is assured
of milling facilities at whatever
time it's production might not bt
ample enough to justify the opera
ton of it's big 1O0-stamp mill a
Millers.
Though immense quantities o.
ore from the Tonopah Mining com
pany dumps have been shipped t.
it's mill, no great impression ha:
yet been made on them, owing t
their huge size; and the tonnage re
naming is apparently sufficient t.
keep the milling plant operating
for many months to come.