Show DALY WEST IN 1913 general manager H G mcmillan of the daly west mining company operating in the park city district of utah has issued the annual report of tile the company for 1913 at the recent meeting of directors frank J hagenbarth was elected president the other officers remaining the same mr mcmillan says the total loss by fire of the main mill and hoist on december 28 1913 occurred at a most regrettable reg retable time as the mine is in splendid condition for production of both milling and crude shipping ore in large tonnage containing increased values in metal contents exploratory work disclosed that the mine was in splendid condition for operations yielding a substantial profit which must be suspended until reconstruction can be completed and activities resumed in the opinion of the thel members of the board of directors and management staff the physical conditions of our properties unquestionably warrant the expenditure necessary in rebuilding and re equipping the plant for a long period of production and profit to the owners the destroyed equipment at the time installed was up to date and fulfilled all requirements but improvements prove ments and advances have been discovered during the past years which greatly lessen construction cost introduce economics in hi operation reduce complications and will be adopted in our plans to greater profit and advantage when operations are resumed anticipating all probable delays the work of rebuilding the hoist and mill should be completed ready for operation within six months time or by september I 1 1914 the accompanying report of the mine superintendent states that during the year 1913 the mine produced 1555 dry tons of first class shipping ore and dry tons of milling ing ore a tot total alof of tons of this tonnage tons were mined from the old workings on oil the and 1550 levels both of these levels show of ore which promise a large tonnage for the future carrying over average values besides the lessees lessels have mined from upper levels above the 1200 level considerable tonnage of ore all of shipping grade the royalties received from this source are regarded as clear gain to the company As appears our present larger bodies of ore occur from the 1700 level to the 2000 2000 level the greater part of production was extracted from the 1700 level during the year the drift on the 2000 level ex tended 95 feet with full breast of ore entire distance limits not yet reached of 0 which first class shipping ore predominates demonstrating that our ore channels have a persistent tendency to the deep the discovery of these ore bodies from the 1700 to the 2000 level were principally made luring during this year during the first half of the year the metal values in the milling ore were diminished below the average of other years requiring the treatment of more tons to produce standard marketable concentrates lower prices for metals during the year also diminished the income from our products appreciably the last half of the year shows decided improvement in values in our milling ores and with the development of a large tonnage of first class shipping product all conditions are encouraging for the future shipments of first class ore from the lease portion of the mine and from the quinn claim which are accessible continue and will furnish an income to cover expenses until active operation can be resumed the purchase of additional property referred to in the last annual report consists of the black diamond and nimrod mining claims also shares of the capital stock of the west ontario consolidated mining company properties adjoining our territory on the north these purchases have been consummated and transfers made to this company at an actual cost of this purchase is a valuable acquisition and has proved to be a wise move insurance upon our property destroyed by fire has been agreeably adjusted at full amount of loss all collected and will nearly if not entirely repay the costs of rebuilding mill superintendent F W sherman in part says the mill was in actual operation shifts of eight hours each during which time there were treated dry tons of ore from this amount 1515 tons of waste were sorted out leaving an actual tonnage milled of tons thus the mill treated 23 tons for each hour that it was in operation there were produced the following amounts of concentrates dry tons of lead concentrates 1598 dry tons of zinc concentrates making a total concentrate tonnage of thus there were concentrated six tons of crude ore into each ton of concentrates the crude ore had an assay value or of 5 per cent lead 77 ounces silver while vh ie the lead concentrates assayed per cent lead 0 ounces silver and the zinc concentrates ass assayed ayed per cent lead 1927 ounces silver and per cent zinc the mill made an actual savin saving 9 of per cent of the silver and 99 c pe de cent of the lead the actual milling costs tor for the yea v were 62 cents per ton for labor and 21 a cents per ton for power and supplies A recapitulation of this report is ia f follows allows the savings effected in the lead an silver values is fully up to usual standard the grade of the zinc concentrates is al alt gether too low the labor costs are hi ahlet g I 1 since the destruction of the mii ilin plant by fire on the of dece december aral b e r have devoted my ent entire re attention 0 to th planning of a new concentrating plant B our taking advantage of the latest and mos improved concentrating machinery it is ra opinion that a new plant can be built thit tha will make fully as good a saving ol of th lead and silver values as were made h in th old plant and do so at a very great redu tion over our past costs for labor supplee and power |