Show NATIONAL A WONDER twelve and a half tons of ore produced over a million in yellow boys reports from the national mine at national humboldt county nevada which have reached the outside world are such as to enthuse even the most pessimistic and some there may be who might be inclined to give but little credence to them but for the fact that they have been fully substantiated by facts by assay returns ly bullion shipments and last but not least by dividend payments so marvelous in fact has been the record of this mine that true conditions have been suppressed because of the fear that the public hearing the story would not believe and incline to the belief that the narrator was a direct descendant of ananias of almost prehistoric pre historic times such indeed is the feeling pervading the system of col john E pelton president and general manager of the national mining company of nevada who was in salt lake last week and who stated to the editor of the mining review that he generally excused himself from newspaper interviewers ter viewers on the ground that those who heard his story might have good reason to feel that he and the truth were not good bed fellows A million from twelve tons of ore but the truth is the colonel went on to say that from twelve and one half tons ton s of ore we have taken out over in gold leaving 1200 1 per ton in the tailings in addition to this we have about tons of mill ore on the dump which will average from 50 to to the ton the rich ore goes about 50 to the pound and the twelve and a half tons extracted were treated on the ground by a small crusher and grinder and pan amalgamator recently however a lane slow speed chilian an mill has been installed and placed in commission which col pelton states is doing most satisfactory work a very high percentage of the free gold being recovered in inthe the mill and on the plates to handle the tailings however a johnston vanner nef has just been purchased from the richmond machinery company of salt lake which will be installed at the earliest possible moment in the development of its property the company has proved its phenomenal vein for a distance of 1800 feet and the ledge has been uncovered to a depth of feet the showing at this depth being the best the company has ever had fiat fifty R dollars a pound the national ledge is strong and gives every indication of permanency and continuity enough milling ore exists to keep a good sized plant in operation for a long time to come but the cream of the whole consists of a streak of ore growing in size and diminishing in volume like a wave that varies from one to eight inches in width and which carries values averaging 50 to the pound or to the ton the company is on easy street so to speak it has had expensive litigation has expended large sums in development and equipment all of which has been paid for out of the product of its mine in addition to which it has paid three dividends of each and still has in its treasury it might not be good policy to chronicle such success as above noted were it not for the fact that it is due to the mining industry to those who have had the courage to take hold of an undeveloped property and develop it into a producer a di videna payer a bonanza but it is due to the public to the grand state of nevada that the truth be told even if it is unbelievable lie vable accompanying col pelton to salt lake were S C Sc atten treasurer of the company J G director and C W buckley a large stockholder who left for chicago last friday evening |