The Arizona copper camp., 1920-05-08
new STRIKE and INSTALLATION OF
MODERN Milling Plant, NOW Under
Way, Combine TO BREAK RECORD OF
HISTORIC silver Mine AT PIONEE
WITH NEW MACHINERY INSTALLED, AND HIGH
GRADE SILVER ORE BEING ENCOUNTERED
ALMOST DAILY, PROPERTY OF THE WHITE
METAL MINING COMPANY BIDS FAIR TO BE
COME A SECOND MAGMA IN NEAR FUTURE

viii be possible to double the outpu
Of the plant, and it is contemplated
that this will undoubtedly be done bI
October 1st. Contractors are already
at work on the foundations of thia
plant and the machinery is being in
stalled and set up as rapidly as it car
be delivered at the property.
Big Profits Seen
Exhaustive tests of the ore by tho
most modern separation processes
have shown a concentrate of unusual
ly high value, running from $500 I'd
$1,000 per ton, which is considerably
in excess of what was originally an
ticipated for the ore. Based on re
turns from the concentrates alone, the
new plant will produce approximately
10 per cent net dividend on the en-
tire outstanding capital. In making
this estimate no calculation has been
made with reference to the returns
from the direct shipping and smelling
ores, which run exceedingly high in
silver content. Additional deposits OF
this high-grade silver ore are being
opened almost daily.
Huge Plant Planned
In view of the remarkable showing
of White Metal it is very evident that
the plant now being installed will
simply be an initial installation, and
that it will undoubtedly be followed
at frequent intervals by the installa-
ton of additional equipment. 1t is ex-
pected that during 1921 additions will
be made that will bring the plant up|
capacity.
Even to the most casual visitor, the|
amount of work done at the property
of the White Metal company in the|
past six months is astounding. AL
score of new camp buildings have|
been erected and a tremendous
amount of work done, both under
ground and on the surface. A great
increase has been made in the tom
mage of ore exposed ready for stoping.
There is in sight practically an un-
| limited tonnage of milling ore that
VIII run from 20 to 80 ounces of silver
to the ton. it was the opening up of
this tremendous tonnage which led
| the management to the decision to i'm
mediately proceed with the installa-
tion of the new plant.
Road workers are now rapidly cut
ting down the steep grades on the
road from Troy to Pioneer, and this
highway will soon he in first-class con-
dition and in readiness for the ship
ping of concentrates by truck to Err
mann, the nearest shipping point on
the Arizona Eastern.
A Strong Company
The affairs of the White Metal Min
ing con- any are in an enviable posi-
ton The company has no funded
debts or outstanding indebtedness of
any nature, and is amply financed for
all equipment and requirements.
At the annual meeting of stockhold-
ers held recently, directors and Off
GERS were elected as follows Direct
| ors, John G. Devine, Kelvin; T. HI.
Grove, Globe; John L. Gust, Phoenix;
c. 7. Carpenter, Kelvin; Chas. H.
Barney, Boston.
| Officers of the company are: John c..
Devine, president; T. H. Grove, vice.
| president; John l.. Gust, treasurer,
and C. It. Carpenter, secretary.
|. The treasurer's report presented at
the annual meeting showed a large
cash surplus with no debts of any
nature
No one who has visited the prop
erty of the company at Pioneer can
fail to be impressed with the fact
that this historic silver camp is COM
I ing back in way that bids fair to
outshine it's record in the palmy days
of the white metal, when it produced
over million dollars worth of silver.
So quietly and so rapidly has the work
of development gone forward under
direction of Senator Devine that it is
safe to predict that within a few
months White Metal will surprise the
mining world by adding second Mag
ma to the list of sensational pro
ducers.