| Show FIRST REPORT IS ISSUED BY CHINO Shows Marked Progress of Its Preparations for Large Product Boston fliton July The first fint annual re J t of CIa Cupper company shows ea ch h on hand May Tay 21 1 of In Income Incon n come con for the Ui year yr wa resident a says y T ino Capper Ce r company m formed v h 70 0 t f shares r par U n 6 of which 8 II 00 O shares hares har were wre Issued ed for the prop c tr ty y and aMes of the Ute Santa Saat lUta IUt Min Mining Mm lIn ing company 8 additional share hares vi re issued to provide working capital and nd the remaining shares hrC were I 1 T r sold II ld to provide for development I Ic c n nt and equipment 1 I Tonnage T of ore developed amounts amoun to approximately 1 8 tons tone aver averaging j aging 2 I 9 per 1 Or cent topper copper which Is Iso high o I gh Trade for ore ON or of this Ihl character of t f 4 if The ThO commercial character has baa b n and an unusually low Icv 10 oot Ot of production Indicated t d Although the th plant ROW now In con truc I tn has bas 5 a ft nominal capacity 2888 tons tone toner rr r day from which an annual output 1 cf c from to pounds of or copper cop er U mu I expected It I Is III probable f hat at as In other similar plants P It will I jf larger JURor actual capacity THe rue experimental mill will form fonn the f fro tr r unit of f what will win ultimately alth atel be a aJr ar r Jr urb larger operation No Ho j 1 wo tor may mu be reasonably naI IT expected I S T several sev ral years The Th fiscal year of the company will 1 r made mu to conform to the calendar year i Manager aDA r Jackling says yu that f f t U al l drilling for the year was f ft t resulting In wholly and partially ore ere of about tons ton r ore developed awl ead partial at cf cr the tho year yar was wu 1873 tons ton averaging 7 19 per cent Clipping c In Ic The rho tI mine Is le being bIn equipped and de do deripe ripe l In part for steam shovel Bho 1 and methods More ora than 40 per cn con of It the developed tonnage tonna e run J to e rained miRed aad and stripped by b steam lit vel 1 methods In two d developed 1 arras containing about ton tOM of cf ore the ratio of thickness of ot cap rn ring to that of ore or Is III only one to four Is lower than that applying to deposits In Utah and anc J N vada per cent of developed ore 1 above the level Jevel and ard Ud mu be ho mined through a 1 shaft haft Two 90 91 tn on steam shovels and ana other equip urt baR ban been ordered me Tile new concentrator to le being baing built buit Te of lOM tons dally daily In three sections tons tON daiY olec capacity each and ad a ele generating plant with mth a I nominal Is being caf Ly of horsepower l n nr near ar the tM mill ml All An structural tet f F t will wl be delivered commencing In F All i buildings should bo be b MM 1 by h y January JaRr 1 1811 and a pr poT t n of t be he milling plant should be In operation by June Jun 1 1 un 1911 11 Nr are ar In pro grees with the theA tbt A V n railroad for of r i 1 nine miles mies from fro raise mine to mm milL The Te inti Fe Un li are now nw to tor tomIne r mine and peas within one mile nale of ot off f milt site a With the th milling plant fun ml operation S to of copper cp r at a cost COOt ct not exceed f r 3 9 cents loW result |
