| Show THE WILBERT MINING COMPANY the wilbert mining company of salt lake operating near gilmore idaho has issued its annual report for the fiscal year ending may 1 1915 which in part is as ab follows during the period mentioned tons of ore were mined of this tonnage tons were milled tons were shipped crude and tons of mill ore were stored agn on no 3 dump awaiting the resumption of mill operations the mill ore averaged per cent lead and 25 ounces silver per ton the tons of crude ore shipped averaged ounces lead and ounces silver this tonnage came from the following isotopes no 2 tons no 4 tons no 5 tons I 1 tonnage tons f the cost of extraction was I 1 the main development during the past byear year has been the continuation of the in dined shaft to the no 5 level cutting out of ore and waste pockets drifting on the vein on both no 4 level and no 5 levet level and crosscutting in the wilbert hill A total of feet has been driven at a cost of most of the work such as the sinking of the shaft and the drifting on no 4 and no 5 levels which were tim timbered berea preparatory to sloping has been of an expensive nature our main ore shoot on no 4 level proved to be feet long with an average width of 2 feet 6 inches the ore on this level had an average grade of 35 per cent lead and 25 ounces silver but in 11 above this level the ore became somewhat lower in grade on no 5 level this same ore shoot was feet long with an average width of 1 foot 3 inches the grade of the ore however proved to be between 40 per cent and 45 per cent lead leaa w with th about 8 ounces silver in above this level the ore has maintained the same lead contents but the silver values decreased somewhat however the ore in this has maintained a better width than it showed on the level no sinking has been done below the no 5 level the mill was in operation during the past twelve months a little less than five months due principally to the prevailing low price of lead the tons of ore milled produced tons of product assaying per cent lead and ounces silver per ton the ratio of concentration being tons into 1 the lead recovery was per cent and the silver recovery per cent the cost of milling was per ton operations at the mill will be resumed june ast 1st it being the intention to operate day shift only the profit and loss account shows operating expenses for the period were 91 and that was charged off for depreciation of mill and mine plants against which are credits of account of ore sales and from tile the boarding house net profits for the year on actual operating ace account aunt were the cash on hand may 1 was |
