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Show OF S GOLDF1ELD CON. Text of Statement Is ISbocument of Consider-jMI Consider-jMI able Interest. HmPANY SOUNDS DEPT tofrjails of Discoven- Upon ths St iirteenth Level of Grizzly j Bear Shaft. Ill most significant statement that ij 'ppeired in any recent report of litions of the Consolidated Mines " j Any appears In the final report for Anonth of April, issued today by Gen- Superintendent J. F. Thorn. The roent, as It appears In the report. rather cold and colorless, as 1r " By the case with reports of the pro- Ul of development, unless the render followed closely the progress of dement de-ment In this greatest of gold mines, the Goldfleld Tribune len the company began sinking the By Bear shaft from the lOrtO-foot HFC ! or a short distance l.flow that n L It was announced that tl: purpose 0W' lis work was to penetrate the layer A Sale, which had then been demon-f demon-f ed below the footwall of the vein II ttn. and determln th. existence or v ice of ore below this formation The states that no drifting has been ". ' at this depth but that ore varying taiiie from $15 to ISO per ton has exposed below the shale. Indicating x the limits In point of depth to the ictlve ore bodies in these mines have .no means been reached and substan-P substan-P IfpeT the- most sanguine predictions of H II Bg men and engineers that the pay y If Would be found to extend to great I in the district. put Below Normal. DC bile the company's output in April iVL below norma'., the report is a sails-ry sails-ry one and shows that there Is no JCt f Of ore to supply the mill to its full city and no danger of a shortage long time to come. Operating costs a continued reduction, rendering Ible the treatment of lower srrade ore 13& profit and further demonstrating the ralleled perfection and efficiency of " ompany's mill. The report of Super-MEj Super-MEj lent Thorn follows in full: ring the montn of April 1012, the ped production of your company was ngto tons, containing $610,708 20 or an bald I t r S21 f.3 per ton: of which 27-MoO 27-MoO ira were milled with an average ex-Jtah. ex-Jtah. On of 93. 77 per cent, and 432 tons .me t I shipped of an average value of h fd per ton, the net recovery from re being $20.20 per tor. The total Ctori. allzaTion to your company was ;e ma 16.17, or J13.l per ton tn lelopment work 3300 feet of decent de-cent work was performed during oftiJhonth of April, 1012. n' tStlng costs The toal cost of mln-tmi mln-tmi development transportation mill-up mill-up t&Wflce and general expense was $6.53 IS, distributed as follows. IreetM F Statement. falopment 87 ing . . $2.25 $3.15 tgamvoi viV. v. 10 hns .so at expenses 22 fl n tax IS Itlng ore shipped 12 ruction .25 l1 cost of operation $6.63 Oaneous earnings 10 bfcost per ton $6. 43 Mnatlon The 311-P raise from the I fcel' together with the 200 and 205 (In the Rellh ore body, produced 295 I ore averaging $S0 per ton. lawk The 111-M sill on the 250-foot ?wbb extended and produced about J bos of $26 ore. The 30 drift on the Ot level produced forty-five tons of reraglng $23 per ton. The 3-E sill I Ced 105 tons of ore averaging $12 n. The 407 sill on the 600-foot level st of the shaft was considerably j led, and produced 250 tons averag-1.80 averag-1.80 per tor.. '"onslrV-r.-i i,',-. develop pork ts being done in an inferme-fcelow inferme-fcelow the 250-foot level, under 111 where tomo very promising results Ing obtained ont The el 11 of the 42S stope, W the shaft, between the third and Si levels, was conslderablv extended. BtKluced 350 tons of ore averaging' fcer ton. The 700-M stope, being (between the 1000-foot and l:.'0n-Igvels l:.'0n-Igvels produced 500 tons of ore, avr-$89.60 avr-$89.60 per ton mraging Discovery. J ler an encouraging discoverv has 2 made in the crosscut on the 1300-evel 1300-evel of the Grizzly Bear. After I through the shale, a large quarts fj (as been encountered which carries I lJues in gold, sliver and copper, are, however, two or three small ire from one foot to three feet T ferrying values from $15 to ?r,o per fhe indications are that this ore Is wnward extension of the base ore Itered on the 1000-foot level of the nt The face of the croMcul Is Berrying values. N'o drifting has ine, and it Is too early to predict nt or value of this ore body, te in the LAgune the shaft has Dmpleted to the 720-foot level, i statioii and sump are being cut. D Which point drifts Will be driven rth and south. |