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Show IBRADBN GETTING ALONG WELL WITH -NEW MILL Eastern reports are to the effect that at the Braden property tho work of const con-st rut-ting the new 1600-ton concentrator Is proceeding rapidly, the concrete work having been finished and the steel structure struc-ture In piacc. This plant Is composed or thice units, the first of which It Is expected' will be placed In commission next March and the entire plant by September, Sep-tember, 13L1. i The new concentrator has a designed capacity of 1 600 tons, but in view of the ! method to be employed, which will be 1 that of the Utah Copper company, it Is expected that this mill will have an ac-' ac-' tnal capacity of 2400 tons. The original 250-ton concentrator which has been ro-i ro-i modeled to a designed capacity of 400 tona per day. began operating last month. J It Is expected that by the fall of 1011 this plant and the new concentrator will have a combined capacity of 3000 tons J per day. Based on the value of the ore at Braden. Bra-den. which is one of (he highest of the j underground low grade concentrating I propositions, being slightly over 2.7 per cent copper, and assuming an extraction which has been demonstrated by tests, ibis property should produce In the neighborhood neigh-borhood of 37.000.000 pounds of copper annually, which, 'at a cost, as estimated by the company's engineers, should result re-sult in earnings of over $2,000,000 per year at 13 cents for copper, or a. little more than 90 cents per share on the outstanding stock, allowing for the conversion con-version of the bonds. |