The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1919-11-28
AROUND THE MINES


ash balance In treasury Of 100000.
With other quick assets worth $3.50. 900.
United Verde Extension Mining COM
many has purchased from the West
United ysrde Copper company The
HAYNES group OF claims on the other
side of the ore belt at Jerome. says
the Boston News Bureau.
Placer ground in Rockhill canyon,
in tho Dun Glen district Of Hum
hodt county. New. is being prospecteo
with a drill and it is reported that IL
me results are satisfactory mining on
a large scale will be started.
Mining properties at Divide, Nevada.
are being developed under conditions
more nearly approaching normal. now
that the mine operators and workers
have signed wage and working
agreement effective for one year.
Alaska Gold Mines earnings for the
in addition to other valuable holdings.
quarter ending September 80. showed
a derlcit of SS7 ,239, as against 500. 4S2
for the preceding quarter and deficit
of Sll,9S4 for the same quarter last
year.
The highest world price of silver in
the history of the universe was reached
November Is when silver sold at 20
pence per ounce British standard sill
yer, and at proportionate prices in
France, Germany India, China and the
rest of the world.
The most important showing so far
developed in the Zuma mine, which Lies
between the Crown Point and the East
1intic Consolidated, Tintic district,
was opened last week. Nine feet Of
quartz, with three feet of high-gra
ore, have been uncovered.
According to report from the EN-
ma silver property, the bottom of the
Wine is reported to be in five feet of
highgrade ore. When the mine was
unwatered and cleaned out two weeks
ago there was two feet of ore encount.
cred that carried 1873 ounces in silver
and 40 per cent lead.
According to word received from one
of the pioneers of the new camp OF
Arrowhead, 100 miles from Ely and
Il miles north Of Twin Springs, or
the Ely to Tonopah automobile road
the camp is showing some of the rich
est silver values that have been fount
in Nevada in some time.
Copper production for eighteen of the
largest producers In the United States
during the month Of September ag
gregated S2,29S, 4S3 pounds, of which
Utah Copper produced $4,000:
pounds, the third largest producer fol
the month, according to the United
States bureau Of mines compilation.
T. H. Howard, who operates a small
coal mine near Milestone, Mont, an
nounces that he will continue to op
crate in spite of the strike and wagon!
can be supplied at the mine. TIL.
mine is only in the preliminary stage.
OF development, but sufficient Goa
can be produced to supply the city O
Milestone.
The Divide Extension management
has cut station at depth of 2OI
feet in the new shaft and is now driv
ing short crosScut to the west t
tap the high grade ore bodies opene
on the forty-five and 1O0-foot level.
Crosscutting to the east also is bein
done for the purpose of tapping tn
main ledge.
Press reports that the Mexican go,
eminent is to limit the expectation {
silver from across the border tend t
create the offhand impression that
serious embargo is to be laid upon til
silver production of big American mil
ing companies like the United State
Smelling. This is not the case, SAY
the Boston News Bureau.
After somewhat agitated sessiC
OF the board of governors of the Sa
Lake Stock and Mining Exchange,
was decided that an invitation be e
tended to all the companies who
stock is listed on the board, that
the future all sales Of delinquent stot
be held on the floor of the exchan,
so that the public could attend.
In the Carrie silver mine, near r
nopah, high grade silver ore, with lea
copper and gold in paying quantitie
has been encountered recently in Il
Incline being driven along the grant
footwall in the south workings, belc
anu to the south of the old glory he
from which fortune was produced
the original locators of the property.
In drifting to the north of the hia
grade from the inclined raise from t
ioofoot level, the Carrie Silver-Le
Mines company broke into a full ia
OF high-grade, running 200 to ]
ounces in silver, with by-products
god and copper of. strong commerce
value, says a report from Nevada.
U. W. wallace of st. Louis, invent
VI the deduction distillation process
of extracting oil from oil shale, spe;
ing before gathering of students a
FACULTY members ut the University
colorado at Boulder, declared Il