| Show TWO IWONA A YEAR Low Estimate On Highland Boy Output t UNLIMITED ORE BODIES f WHAT ON BINGHAM GROUP CA DO Development of Copper Properties In the Old Reliable Camp Attracting the Attention of Capital Bing ham Bulletins Special Edition I As to South American Mines Something of the magnitude of the Highland Boy proposition at Bingham and why it has excited the interest of eastern investors ca be understood when it is known that the ore bodies of the property are so vast that experts perts claim millions of tons are now insight in-sight The company has now in open op-en ion a bucket tramway from the mlf to the railroad station a distance of two niles capable of handling 2oO tons or ore or more a day Its magnifi cent new smelter is now started and uhen the furnaces are all running the plant will be handling 240 tons a day Various estimates on the contents of Highland Boy ore have been made and the very lowest of these gives the average av-erage at 5 per cent copper and 6 a ton in precious metals Upon this basis ba-sis it will only be a few days now until 24400 pounds of practically pure copper I cop-per will be turned out from the big lat every day At 16 cents a pound in the local market and the price is now threequarters of a cent above that this product will represent an income in-come of 3104 per day and with 56 a ton for the gold and silver added it amounts to 53344 or 160420 a month thirty days and for the year nearS near-S 2000000 I has been stated by some who pretend pre-tend to know that the Highland Boy ore will run much higher than 5 percent per-cent that the poorest of the ore will even exceed 5 per cent and the best iill carry SO per cent It H Channing an old representative representa-tive of the financial combination now n control of the Highland Boy has been designated as superintendent at Ihe companys mines and R T White who has been in active charge of its construction is named as general superintendent su-perintendent of the new smelting plant Mr Whites assistant is Harry Knight and both men are topnotchers In the science of smelting E P Roland Ro-land a gentleman from San Francisco cia Francis-co will representative be the companys local finan I |
