Show THE GOLD ROAD MINE era clifton arizona the chief property of the san francisco district of mohave county is the famous gold road mine which during three years past has produced and is now yielding gold bullion at the rate of a month the output will be increased to a year as soon as electric power from the kingman plant becomes available george charities Ch arties managing director of the gold minifay and explorations company in an interview said the shaft has just reached the foot station on the sixth level the main ore chute has been opened for a length of feet and is ten feet wide save for about sixty feet the ore body Is high grade the mine is owned by a syndicate of french banks and is proving a very profitable property one dividend of 25 cents has been declared payable on october 15 this is 5 per cent on the capitalization of 1 we are now crushing tons a day and with electric power shall crush tons a day with the same plant the ore yields readily to amalgamation and cyaniding cyan iding and the saving is 91 12 1 2 per cent of the assay values electric power from kingman will cut our power bill in half no small item as we have now fifteen gasoline engines in operation the mine is pr proving oving better with depth both as to values and the extent of the ore body there are many good properties in the san francisco district and all that is needed for their development is cheap power and more water the latter can be provided and I 1 expect a very 1 great I increase of mining activities within the next year |