The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1922-12-16
NEVADA MINING NEWS

L. F. Peer Is arranging for q camp
for the development Of the silver
lead-copper property adjoining the
Jennie A group at Hamilton, pur-
chased about two months ago. Peer
accepts the erection Of a smelter at
Eureka as an assured fact and fur
Their states that in all probability a
1O0-ton cyanide mill will be erected
at the mouth Of the Eberhardt tun-
mel without further delay. This in
dicates the re-opening Of many prop
critics and q return of prosperity to
the camp.
Placer operations continue at the
Round Mountain mine and another
cleanup will be made about Novem-
ser 15. The company is getting four
or Eve hours water every day for the
operation of one hydraulic giant. A
shaft has been sunk ON the vein ex-
posed In placering. and 1t is believed
that this vein is a faulted segment Of
the Los Gazabo, that yielded several
million dollars.
The Western Ore Purchasing Com
pany of Reno has been advised by
the smelters that the treasury depart
ment will again receive silver at the
Philadelphia mint shortly after De-
cember /. and the settlement price
thereafter will be 99H per ounce in
stead of 99Ac as at present. The
difference Of sc per ounce is alb
sorbed in transportation charges on
bullion from eastern ~refineries to the
Denver mint, to which shipments in
late months have been diverted.
Recent shipments from the ]. B.
Wall lease on the Bullshead property
at Spruce Mountain included a So
ton a of manganese ore. which car
| ries forty 10 fifty ounces silver and
forty per cent manganese and iron to
| the ton, and a Acton car Of silver
lead ore, while a Acton car Of man.
ganese ore was shipped from the o.
| Brien lease on the same property.
| The company also has a Acton car
| of carbonate ore, assayfng ten per
cent lead and sixty Inc silver to
the ton. Forty IONS of silver-lead ore
are being hauled from the old Ada H
Mine.
From Ely comes the information
that two new units of the Nevada
Cons. concentration at McGill have
been put In commission and four are
now operating with a combined ca
pacity Of about 1900 toni daily. Two
more units will be put into commits
sion within a few days and the num-
Der is to be increased to Is. having a
total capacity of $4,000 tons daily. 1t
is expected that next Summer the
plant will be treating 10000 tons
daily. The mine output at present is
about 1900 tons daily.
After an idleness of two years the
Yellow Pine Mining Company, near
Goodsprings, has resumed operations
at mine and mill. The company has
been able to make a favorable con
tract for lead-silver and zinc con-
centrates because Of the advance In
price of the base metals. Since in
corporation in 1902 the Yellow Pine
has paid SO dividends, totaling al
most So per share. The ore reserves
are said to be large.
r. M. Atwater, mining engineer
and Felix Vogel. geologist, of Laden
burg, Thalman & Co., New York
brokers. are in Nevada for an extend
ed stay in the interest Of the bank
ing company and are accompanied by
F. Sommer Schmidt, consulting en-
gineer for the Copper Canyon Min
ing Company and the Florence Gold
field. Messrs. Atwater and vogel
spent four days on the Comstock, in
specting the United Comstock mines
and mill and other properties, secur-
ing first hand information Of opera
tions.