Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-08-10

|tains and he is equally confident that
when its ENTER is discovered. values in
gold will be unearthed in quantities ex-
ceeding those found By the Fairweather
party in 1853 in Alder Guleh. All peo-
pie in Virginia City are hoping and
praying that Wetson's theory is correct.
The drill is at work and it is expected
that results will show in a short time.
Ore that contains - per cent lead.
100 ounces of silver and 50 to 81 Il
ton gold as been struck .by the Colo
RADIO Mining and Milling company in
Colorado gulch. three miles from Hal
lev. Idaho. according to reports re-
ceived in Butte. The width of the
body has not been stated but it is re-
disclosed on the hanging wall at a
point 30 feet from the portal of a
tunnel. 400 feet long. The course of
the ore is almost parallel with the
tunnel. which suggests to Manager
Reynolds that the streak may be reach
ed by a few feet of prosecuting at the
face of the tunnel between that point
and the face.
May Erect Mill
The strike is referred to in enthusi-
astic term at Haley. because. found
near the surface. the ore is believed
to have greater width at the depth.
The erection of a mill is talked of by
officials. who report the existence i'll
the mine of not a little ore of milling
grade. Carbonate and galena ores in
a body as wide as the shaft at a depth
of 40 feet is undergoing development
in the property of the Horseshoe Cop
per company near White Knob. says
$500 800
the surface several weeks ago. The
ore is reported to contain 80 to 40
ounces of silver to the ton and 30 to 40
per cent lead.
Receipts have been increasing stead
ilv from month to month at the Bunker
Hill smelter. Bradley. Idaho. according |
to Frank NJ. Smith. smelter director.
The increase. which is expected to CON
tinue. is aided by the attractions of
higher prices for lead. the profitable
price of silver and the new freight
rates, which make shipments to the
Bunker Hill economical from any parts
of the west. |
The remarkable performance of the
.Alaska-Juneau Gold Milling company in
making an operating profit on gold ore.
from which only "a cents per ton Of
rock is recovered. is reported by the
Engineering and Mining Iournal-P Press
of New York. For many years engi-
necrs have been Mt work perfecting
schemes of operations whereby this re-
was made possible. The record for
June is as follows: 2O7.20O tons Of
500 tons of coarse failing was rejected
ore were trammed. from which 1O3.-
covered amounted to $4,000, or Sl.OS
and 1O3. 400 tons milled- The gold re-
per ton milled. or "a per ton trammed.
This does not include recovered silver
and lead. which is expected to net about
$4,000 a month.
Profit is S27. 900
The operating mill cost was 100000
or ~ cents per ton milled. or 90 cents
per ton trammed. The operating tram
ming and mining cost was S36.ON, or
81 cents per ton milled. or II cents
per ton trammed. The operating gen
pral cost was $4,000. or 3 cents per
ton milled. or . cents per ton trammed.
The total operating expenditure was
sS5 1000. or 50 cents per ton milled and
IL cents per ton trammed. The oper-
ating profit was $4,000 Expenditure
on capital account totaled $500; San
Francisco expense. which was about
$1,000 above the normal, was $1,000.
and the total estimated expenditure
was S11O,5OO.