Salt Lake Tribune | 1904-03-10 | Page 6 | Local Talent Goes to Nevada

I ; LOCAL TALENT I GOES TO NEVADA H Management of Montezuma Mines H J Organizes His Forces for Wcst- lr j oni Undertaking. HI To personally prosccuto the campaign of HI development at the properties of tho Mon- tezuma Mining company aL Montezuma, H Esmeralda county, Nov., M. L, Roodcr 1 camo In from Boston yesterday morning H on his way to tho "Western camp. With tho Montezuma group of mines that wcro ' being profitably operated long before Jim Burlcr stuck a pick In tho earth and drew out Tonopah, the old Nevada miner la familiar. Tho properties, Indeed, havo been productive of ores of the value p H 5500,000, whllo $200,000 has been cxpondod In 1 equipmonta, including a mill and furnaco i tor tho reduction ot Its ores. The big K company of which Mr. Rocdor is tho gon- 1 , i oral manager as well as necrotary, and H ' which Is capitalized at $750,000, has among 1 ' Its assots somo of tho best known inlnca In Esmeralda county, whllo from its , camp to Tonopah Is but twenty miles. Al- , though working under many dlsrulvan-tages dlsrulvan-tages tho company last summer dlstrlb-I dlstrlb-I utod $30,000 among Us shareholders, whorc-H whorc-H I upon it was decided to hang up tho mill H' and to sink a permanont shaft which would afford moro economical outlot for tho ores. This Is now approaching a dopth 1 of 200 foot and from it levels will bo cx-i cx-i tended to tho varlouti lovols. Tho mines i havo already bocn developed to an extent that demonstrates tho presence of Bovcral distinct ledges carrying values from 10 to 7350 per ton, although ores of tho valuo of JSOOO aro found in them. At tho dlscov-cry dlscov-cry of tho Montezuma mines thcro was not a reduction plant within 100 miles of them, and it was posslblo to markot only tho high-grade ores, but equipment ha3 overcomo this and tho company 1b now prepared to realize on resources that In former days wcro allowed to accumulate During his sojourn in the city Mr. Rocdor with Mrs, Hocdor, by whom ho is accom-panled, accom-panled, Is the guest of Mr. and Mrs. Jacob Mbrltz, tho visitors to leave for their fu-turc fu-turc home at Reno tomorrow. Hr SInco his arrival in Zlon Manager Roe- tier has retained tho services of a number of experienced mining men by whom ho will bo accompanied to camp.