Show THE BEAVER CARBONATE news milford utah manager grant snyder has prepared a statement showing the resources of the beaver carbonate mine in frisco district beaver county the statement keeps well within the facts and presents a convincing argument in favor of the mill recently rece provided for by the shareholders at a special meeting assuming that the ore bodies exposed on the foot level rise to the level where work was discontinued from above there is blocked out tons containing 10 worth of silver and lead to every ton A good mill will save 90 per cent ot 0 the values which would amount to a day gross from a ton mill the cost of mining and milling the ore re and marketing and smelting smelling sm elting the concentrates is estimated at a ton leaving a net profit at present metal prices of a ton or a day this does not make allowance for the interest on the investment nor the depre elation of the plant but these items would be easily covered by the odd 7 on this basis a mill to cost will earn for the company before the ore practically in sight is exhausted mr snyder is confident that each additional foot lift after deducting water pumping cost will net these figures fl ures take no account of the results to be gained by continued development the management will of course proceed with the of its large territory and maintain a reserve equal to cr in in excess of its present ore supply the best promise for the future according to the managers mana ers report is to the east where there is an undeveloped tonnage or tons of lower grade and to the west whee re a foot extension of the foot drift on the level will bring the working under an ore body which outcrops strongly for 1500 feet the accompanying cut shows the old hoisting plant which it is proposed to pace with a modern plant in the very near future it is also proposed to erect a new mill of sufficient capacity to handle its output of the mine |