OCR Text |
Show GOLD BAR TONNAGE. Since Annual Report Mado Thero Has Boon Much More Added. A trip to tho Gold Bar shows that mine to bo keeping up Its usual Industrious Indus-trious air, bringing the rock up the skip and dumping it into tho oro bins at a lively rate, Tho only place whero tho oro is handled by man power is when It Is mucked away after being broken down. It Is dumped into the skip, automatically, raised to the surface by the gasollno hoist, dumped into the bins without tho aid of hands, and when required, Is dropped through chutcB Into tho oro cars on the track below, and run out on tho dump. Tho latest addition to tho plant of machinery is a seven horse-power engine for the blower. At tho tlmo of lho Gold Bar annual mooting in Juno, tho manager's report showed a total of 2355 feet of development develop-ment work done. Since that tlmo tho drifts and crosscuts havo boon extended in all directions aud a lot moro ground oponed up on tho 250-foot level. Tho shaft 13 now down to a depth of 375 foot, and a total of 1950 feet of development work accomplished from It Vory good milling oro was found at 150 feet, but at 250 feet It Is fully $1 per ton better. At first thought this may not seem a very great incrense, but upon consideration consider-ation of the immense tonnago of milling ore oponed in the Gold Bar, an Increaso of $1 per ton Is a groat asset. The big bodies of milling oro In these workings average about $S per ton. Tho manager's report slated that they had approximately approximate-ly 3029 tons of an avorago valuo of $20 per ton. totalling 500,400; 150 tons of I $200 ore, $30,000; 300 tous of $50 oro, $lo,-000; $lo,-000; 49,000 tons of $S ore, $392,000; to -which may bo added a tonuago of 1-10,000 tons of an average valuo of $10,000. which may bo safely figured on, though not entirely blocked out; also $150,000 tons of $.1 oro, which is an asset, though not, profitable to mine under present conditions; condi-tions; making a grand total of $2,3 17,-100. 17,-100. Since these computations wero made, the development work accomplished at tho 2i)0-foot level has added greatly to tho above figures, very likely bringing the figures woll above tho $3,000,000 mark. Ithyollto Herald. |