Salt Lake Tribune | 1913-10-01 | Page 10 | August Work at Goldfield Mines

Is AUGUST WORK AT l goldfed mines Manager Burch Shows Profits Prof-its of Nearly Two Hundred Thousand Dollars I BIG TONNAGE MONTH Month Was Shorter Than Was Expected, Owing to Severe Storms. Special to Tlic Tribune. GOLDFIELD, New, Sept. 30. The Gold-fiold Gold-fiold Consolidated Mines company's re-' re-' port, figures for which arc givon by Gen- cral Mnnager Albert Burch for the month of August, shows a net recovery several thousand dollars in excess of the preliminary pre-liminary estimate and ts as follows: air. George Wlngfield, President The Goldfleld Consolidated MlneB Company, and The Goldfleld Consolidated Consol-idated Milling and Transportation Company. Dear Sir: During the month of August, 1913, the total production of your compa- Inlea was 32,096 tons, trom which resulted net realization of $198.7S4.37, of which the mining realization was 564.342 -14 and the Milling and Transportation Trans-portation company's profit and miscellaneous mis-cellaneous earnings were J134.4-n.93. Development work: 3094 feet of development de-velopment work was performed during dur-ing the month of August at a cost of 15.40 per foot, Operating coats: .The combined operating op-erating costs of the companies were as follows: Cost Per TonTotal Ore. Mining: Sloping J2.7S Developm't . .52 $3.30 ?3.30 Shipping TSxp. 8.21 .34 .34 Dump moving 1.00 .05 .05 'Mm nc?t-.'ritt."iv f7 ft 7 I Milling 1.S5 J. 85 i Marketing ... .05 .05 Gen. exp .24 .03 .27 Bullion tax ... .09 .09 I Constr'ct'n ... .01 .01 Total costs . $4.02 $2.01 $6.03 Misc. earnings . .04 .04 Net costs .. S3.98 $2.01 $5.99 Combination Mine: During the month driving of the 7th level was , continued on the vein previously pen-' pen-' clrated by a diamond drill hole, but ? no pav ore was encountered until i about "the end of the month. The 136-BX sill was extended and pro- ! tluced 161 tons of ?20 ore. : Mohawk Mine: The 3-R sill was ex tended and produced 28 tonH of $12 I ore and an extension of the 170-CX sill ( produced 100 tons of $15 ore. The ! ' 139-X crosscut and 141-X drift on tho : first level, about 400 feet north of the f shaft, produced 153 tons of $17 ore ', and the drift continues to look promising. prom-ising. 1 Starting New Slopes. I: New slopes are being gradually 1 started In the 202 territory, between the first and second levels, southwest j of the shaft, and live are now in op- oration, producing a good tonnage of ' moderate grade ore. i Laguna Mine: An extension of the i 241 drift produced 104 tons of $6 ore ' and the drift has probably reached the i northern end of the ore body. Stop- I ing. which has been commenced above 1 the drift, produces a much better grade of ore than was obtained from drirting. Clermonl-Jumbo: No Important developments de-velopments of pay ore have resulted from the month's work In this mine. The 916 crosscut, mentioned in last month's report, was continued across the vein, which whh proven to me 10 feet in width, but no ore of a shipping grade was found at this point. General: In general the operation of the mine and mill ran smoothly throughout tho month, except during the last few days, when a series of electrical storms Interfered with the power service to such an extent as to I seriously curtail the month's output.