The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1919-03-14

says the Salt Lake Tribune.
IL Is shown that in the year 1918
the company marketed S4,137 tons
OF ore. receiving $247,S05 from the
sale OF its iron ores. $7,270 for its
siliceous ores, s33,950 for mill con-
centrates and $10.963 from the sale
of the Davidson ores. In operating
expenses, $36,457 were expended In
ore development, $103,52S in orc cx-
traction, $16.910 In tram operation,
s29,529 in Bullionville mill opera
tion and $3,S52 in mine general ex-
penses.
In the course of a brief summary
concerning the Prince Consolidated
property, which is located at Phoebe,
President Godbe says:
Regardless Of unprecedented war
conditions, along with scarcity of la
Dor and high prices for supplies,
much development work was carried
on and large bodies of ore OF much
better grade than heretofore mined
have been developed. The continu-
ity of the Prince ore body for dis
tance OF over CTS feet farther to tho
south has been proved, and there is
enough ore In the slopes, blocked out
and partially developed, to insure a
steady output for many years to
come, to say nothing Of that which is
known to exist to the east and in
other portions of the mine.
"The company is In far better
position today with regard to new
and better grade ore development,
economical mining. with larger PROS
pective profits indicated from high
grade ores found at depth, than at
any time in its history"
General Manager M. G. Godbe,
after pointing out that the new shaft
and equipment had been successfully
completed and installed in the Prince
Consolidated, submits the evidence
OF geologists showing that the great
er values are to be found At depth,
and then nays regardifG is the BAllion-
i vile mill: 's's'
Actual mill runs have shown that
the results expected, aS determined
by laboratory tests before the mill
was built, will not be attained, but 1t
can be profitably operated and such
profits should repay the original In
vestment, and when all the material
has been put through the mill the
tailings will be in one pit containing
approximately 100000 tons. They
will be free from any foreign materi-
al and can be cheaply recovered for
treatment by cyanide. They should
assay about eight ounces In silver,
$3.50 in gold and per cent lead.
"Since the last report two more
diamond drill holes (Nos. 3 and, AZ
were put down from the sixth level,
These were intended to check results
in holes Nos. and 2, which were ap-
proximately 500 feet deep, and also
to continue to the underlying quartz.
ite. In hole No. 3 at $40 feet bed
of oxidized iron manganese ore, ten
feet thick, was passed through, as.
saying twenty-five ounces in silver
/ and $3.50 In gold. AT 627 feet q bed
t Iof ore, eleven feet thick, was found
on the contact between the shale and
h underlying quartzite. This was al
v most clean zinc sulphides (black
: jack), and contained no lead or sill
8 yer. This bed, when opened UP
should produce ore assaying better
was put down $50 feet across tn,
! channel from hole No. 3, and salts
i. factorily checked No. 3 results" NJ
ii DR.. Frederick J. Pack OF the de
!. partment of geology, University 0
r Utah, has sent to the Prince Consoli
/ dated company signed statemen
q covering the results Of his investiga
,r tion at the property, in which b
Is says
:. my observations have led me t
4 the conclusion that the solutions 81,
= ing rise to the ore ascended along tn
i Prince fissure and thence out int
beds. 1t would appear to me, there
" fore, that the downward extension {
" your fissure into the quartzite Offer
ID some very interesting ground fe
v prospecting"
n. The report shows the assets Of tn
m company to be $2,35S,763. The min
/. property is valued at $1,654,544. A
e. the termination of last year the cas-
in bank amounted to $4,000.
Va Yellow Pine Power Plant Destroye
ne About 10 o'clock Thursday morl
ch ing, March s. an explosion, foll0we
r. by fire, destroyed the power plant
re the yellow Pine mine at Goo,
a springs, reports the Gazette. Fort
ed nately the many men employed u
derground reached the surface. A
w though the plant is at the mouth
"a, the shaft, Il II located slightly b
rs. hind the opening and the shaft d
RS. not catch Are.
20, --