The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-01-30
AROUND THE MINES

Nearly <sSO an acre was patn tot
quarter section OF land In the DEVILS
Basin. In Montana. adjoining the tract
on which the Roundup oil and Gas
well Is located.
A new find of ore has been made In |
the Tintic Standard I'm virgin terri
tory 400 feet east Of the No. = shaft.
Samples OF the ore show a large gray
copper content.
High metal prices are stimulating
the production Of silver In the Milford
district In Utah. The Horn Silver Is
the important producer. but ten mines
are being worked. and some Of the
others are. producing little.
The Silver Point district. situated
about four miles northwest Of Round
Mountain. Is gaining In popular favor
among mining men, according To the
Tonopah Daily Times. There prom
ises to be considerable activity la that
locality in the near future.
Rumors that an oil well had been
brought in by the Western Allies OIL
4 Gas company upon its holdings mt
Moab, Utah, have been confirmed. At
present 100 feet of oil is standing In
the well, without 1850 feet of water
standing above the oil.
Some idea of the magnitude of the
Monarch mine In Nevada can be
gained from the statement that from
the apex of the vein to the bottom OF
the deepest work of the new operators
| there Is a distance of more than five
hundred feet and ore all the way down.
| The actual merits of the Elko oil
shale are soon to be determined by
an experimental plant which will have
capacity of one to four tons Of shale
every twenty-four hours, and Is de-
signed only to determine whether the
reduction can be made commercial
success.
Three carloads of ore shipped by the
Ripple Consolidated Mining company
Of Neihart, Mont, yielded $25O3.6O
ranging in silver values from l79 to
300 with trace Of gold. Nine meT
are employed ut the mine which is be
ing worked principally in the OLE
slopes.
Great interest has been aroused b!
the discovery of gold assaying $44 t.
, the ton on a ranch IL miles north o
Winnett, Mont, In region where non
of the yellow metal ever had beel
, found, The owners Of the ranch ar
Z not miners and the discovery was b
. accident.
Preliminary estimate Of oil produt
, ton in Texas for 1919 places 1t q
!, 96.OOOOOO barrels, says the Bosto
:. News Bureau. In 1918 state produce
8 3S,75O,O31 barrels. The estimat
which exceeds expectations, Is base
on actual pipe runs from the varior
fields for eleven months and part {
u December.
. The Arrowhead Consolidated, whit
= has now reached depth Of 100 fe'
|, In sinking the main shaft, Is now
!. low-grade ore running from 1915
i S37 per ton, is the latest news TIL
q comes from Ely, Nevada. The sha
W is not being sunk on the vein, whi'
n. will be prospected later by drift fro
n the lower levels.
a. Foreign oil companies will be pc
he mitted to obtain provisional permi
IN to drill new oil wells in Mexico
er condition that these permits shall
" valid only until the Mexican congre
70 enacts new law regulating the |
- troleum industry, according to
le cree issued by President Carranza.
Conditions at the property of I
+. Silver Shield Mining & Milling co
=, pany at Bingham are satisfactory,
IN cordng to directors Of the compal
Ia. The lead-silver ore body which
=, lately uncovered by some leasers, FRI
II. which about 500 tons of commerce
N. ore have already been shipped, is s
de opening up.
OF Unmined acreage of coal owned
or seventy-four different interests in {
I'm bon county, Utah, including operat
no property in Emery county, aggreg
ed S92,OO5,500 tons of coal, it is estimat
re- If the 1919 production of 1910!
eu tons should be maintained l9S .ye
sn would be required to exhaust tn
''o beds of black diamonds.
ed
~ During the month of December
-bo spite the holidays, total or rs
loads of ore was shipped from
nv Tintic Standard. Up to January
~ sixty-five cars Of ore, averaging
Lhe proximately So tons to the car, W
the shipped. This would be approximat
sen 1915 tons of ore for fifteen days,
no, average of nearly 240 tons per da.
NV. srhe state board of equaiiza
els will not knowingly place on any
yea property in the state value hey
,llc what that property Is worth, and
wy not knowingly place any confisca
leu value on any mans property"
nv Secretary William Bailey Of the |
',e' state board of equalization in tall
- to committee of coal operators.
the other hand, property must &
xolrot;on RI what If is worth"