Show THE cumberland MINE special correspondence maiden mont nov 21 earnings which would permit the payment of a dividend of a month are being made by the cumberland mine and cyanide plant at maiden mont according to james breen chief owner the second unit of the plant has been in operation a month and the returns are highly satisfactory the mill is treating tons a day mr breen says the ore is all coming from the cumberland m mine i ine up to the end of september our heads were running over 10 a ton this of course meant that we were not breaking the full width of the vein from now on we shall mine everything that runs a ton this will bring our heads down to about 6 the cost of mining and milling combined is just about 2 a ton and our extraction exceeds 90 per cent of the assay value we have found the most economical extraction to be obtained by leaving the pulp six days in the tanks while I 1 expect to get my costs down to 2 a ton I 1 never hope to be able to do quite as well as some neighbors who are operating the gilt edge their ore runs only 2 a ton and they have to pay a 10 per cent royalty but they are making good money |