| Show evada-Douglas evada Mine Hasi Has i Declared Large Dividend Six Years Company Has Acquired Ac Ac- t. t q ired Valuable Territory Blocked Out Ore and Started Started Start start- ed on ona a Prosperous Prosperous' Career K any kind of ot a worthy enterprise undertaking or forward stop it la Is considered an nn honor to bo tho the first one of ot tho charter members members members-In In or er words word a ft blazer of ot now pathways one who points tho way to new at- at laments upon which men of ot e 6 with admiration and a spirit of u atlon Only a 1 few V weeks neek ago no stockholders the Nevada Douglas Copper corny comy cornay corn corn- ay y received the Kind glad Iad tidings that a I Id al dividend had been declared hd d that a Q distribution of or t e cents cent a share would bo be paid Fobar Fob- Fob Jar ar ary y 1 This Is 18 the first firm dividend over ever dared b by any mine located in the Mason Mason Valley Valley Vaney part of ot No- No ida da Douglas Nevada Douglas has pointed tho the n way pr r others of or the district This happy happ itc to to of ot affairs has all been brought fruition within the brief space pace of ot years cars During that time the comity com- com iny ny has acquired a valuable territory insisting of acres acre e opened up lines Iner Ine which toda today are producing at the theto theto fito to of ot tons of ot excellent ore cry ery seven sc da days s 's with many years of erves blocked out has opened an lve gypsum deposit has built a n. aIlway has declared a lar largo o dividend lI id d' d still Mill has lies a 11 safe rate cash fund In rc- rc I rye r It la is a a. record equaled b by few In the world regardless of ot character I In Iii 1006 It was In the year rear 1906 that the tho Ne- Ne e- e da Douglas Copper company compan was or- or under tho the laws Jaws of ot Maine The initialization IK Is or pares arcs o of 5 par value rho Tho following n constitute the board of directors I J. J Orem Boston James G G. G Berry- Berry Ill 11 11 Des Moines L. L II H Curtis Salt ke r. W. C. C Oren Orem Salt Lake V W. V. V ice leo Salt Lake I P. P M. M Orem Salt Lake J J J. Co Corum rum Salt Lake James J. J Berry Berry- Ill 11 Jr Des De Moines Dr J J. J T. T Herrick ringfield Mass A. J A. A J. J Orem 8 Co of or Dos Boston ton are nrc tho the roost stockholders in he company Hie lC e offices arc are located in Salt Lal Lake Lako o od id d at Boston Besides tho the mill and smelter sites insisting of ot l O acres tho the acres mineralized territory embrace four Cour arate and antI otherwise distinct mines amines oy icy are the old Douglas group the tho group roup tho Castings Castings Copt Cop- Cop r t sections the tho company's original and the Ludwig mine which da recently purchased These proper- proper is S 5 aro are all situated In the time Mason Iason mm- mm g district Lyon Lon county count Nev Nov pin In addition to these valuable hold- hold gs 8 th the company an owns own l half halt Interest i tho Nevada Copper Belt Delt railway a R. two rt milo line Une connecting these Sines Ines with tho the Mason 1 Valley Valle smelter Thompson This railway also makes with the tho Tonopah fc Gol Gold Gold- ld Id branch of ot tho the Southern Pacific at nt forty orl miles nt the year just closing ns nR of ore have bavo been shipped from tho veral mines of ot tho Nevada Douglas his Is averaged per cent copper Of or Ofis orIs Sis Is tons camo came from tram Ludwig and 1931 tons from the Douglas Hill sec- sec on The other oilier tons were mined om rom other portions of tho the property he e average daily tonnage mage e Is 18 about us ns This can be bo doubled nt t an any time i. i thirty days days' notice otter still f Is the gradual Increase c the net earnings earninG's of ot the tho company ce co shIpments began until in October ey ley amounted to over f This Is ir r and und above all expenses The liters liter's s cost sheets for NO November and December have not been completed yet ct but thc these should show shaY that tho the two closing months of ot 1912 1812 are aro the tho bann banner r earning months In the history of ot the company About on Payroll The company has at tho present time I nearly men on Ita payroll and amplo ample sloshing sleeping quarters for tor all aU During DurIng Dur Dur- I ing the lost last year car there have havo been erected two boarding houses three I largo large bunk houses fifteen small cabins for tor minors miners cloven cleven cottages for tor Cam fam I a n. largo general store building a schoolhouse and a n clubhouse This I clubhouse is equipped with pool and billiard tables reading rooms baths library piano and barber baer oho hop It Isone Is Isone Isone one of ot the best buildings of ot Its Us Its kind to bo be found In nn any community Aside from the tho buildings R n chemical laboratory laboratory labor labor- atory was built mine storehouse erected erected erected erect erect- ed and a n. now new carpenter shop equipped with power saws flaws has Just Juat been completed com com- A power lIn line W was war I built Jointly b by the tho Nevada Douglas company and the o Mining and Smelting Ing compan company company com com- pan pany connecting g the mines with the power lines Jines o of the tho Truckee River General General Gen Geri eral oral Electric company compan at nt Como Nev Nov This power Is delivered lell to the mine trine substation at 2000 volts and at a maximum cost of or 6 per horsepower a month The mine Is equipped with an Rand Ingersoll-Rand Imperial typo No 2 10 air compre compressor driven by a 1 60 hors horse horse- I porn poro electric motor I Water Vater for domestic and other purposes purposes purposes pur pur- I poses Is obtained rl from tho the Delphi Springs 3 about four tour miles mUes distant This water is ls pumped to the mine b by moans meant I of an electric driven Triplex Gould pump and nud Is elevated feet The water is 18 pure purA and the supply ample for tor all nil dom domestic purposes To Valle Valley Smelter At present ent all the shipping ores of ot tho the Nevada Douglas Copper company are being beIng- sent cent to the Mason Valley smelter at nt Thompson 42 miles distant A contract was entered into In Novem om her ber 1910 HIlO whereby tho Mason lason Valley Mines lInes company compan was to treat tons tonK of ot the Nevada Douglas ores Shipments ShIpments Shipments Ship ShIp- ments wore were started to tu the smelter InDe in De December 1911 About one half of tho the contract has been completed The Four lIuN Only brief mention can be bo ma made le hero of ot the tho wonderful and tho the unusual extent of ot the tho great ore are bodies In the four mines amines owned outright outright out out- right b by the Nevada-Douglas Nevada company nl Right night ht now the Ludwig Ludwig- is producing dall dally from tram to 00 tons of ore are which averages a as high as 5 li per por cent copper or pounds pound pure copper to the ton This output Is coming from various levels lc from th the down do as low as tho the JOO level le Much of oC this largo large tonnage Is coming from Cram development only in the tho broad and systematic plans laid out for tor the opening up and blocking out of the tho vast ore are measures for tOl- a n future futuro production largely in excesS excess excess ex ex- cess of or the thc present ent The rhe main fissure has been developed along alonS' Its strike c for Cor feet Tho The hanging hang hang- ing InS wall is a siliceous lime the foot foot- oot- oot wall a n white limo or calcite In places the tho Coot all has hns boon been replaced by 11 larJ largo bodies of at carbonates and secondary sulphides es J- J Extensive deposits sampling 16 to as S high as an 35 per pcr cent cop copper POl arc are found round between the tho gossan capping and tho the intrusive porphyries Before DeCore tho company compan acquired this valuable mine It had a It production record of ot It has since been opened by bya a foot JOO-foot incline equipped with a 2 horsepower O electric hoist It is estimated that the tho Ludwig Lu has hns tons of C 6 per cent ore oro blocked out Very 1 Wide Ide Ore Zone In tho the Douglas Hill section the tho main oro ore zone Is Ie feet wide by 2000 feet long A largo large tonnage of ot 3 to 6 percent por per cent ore has boon baon opened up and tons dally daily of ot 3 36 por per cent product is going direct to the tho smelter The Cas CastIng Casting Cast Cast- In Ing copper mine has been beon developed elop e d by a foot vertical shaft anI and a foot toot tunnel The Tho principal vein ein is 18 feet teet wide and the ore averages 3 to 4 percent per por cent It promises a great tonnage tonnage e under later developments The same can be said of tho the Amalgamated where surface worl workings n s have havo proven a wide area of or which promises great rewards for tor tho the future The low grade lao ores of or the Douglas HIlT Hill Casting Copper and Amalgamated sections are aie all amenable to leaching by hr sulphuric acid achl I Extensive laboratory tests havo ha proven that oro ore as low as 1 i. i 5 per cent can bo be worl worked cd with a It saving sa of 90 to 92 pOI par cent Not ot one mining company in a L thousand thousand thousand thou thou- sand has hns entered 1 its sixth year oar under such promising skies as aR now shine above o tho Nevada It has an honest efficient mana management it has hasa a rich and wonderfully productive property it has oro ore reserves reser that should satisfy the most exacting and reaching far and seeing far directorate and with markets tho the boat best in half halt a 3 dec decade e Its future futuro success for man many long years to come como Is practically certain |
