Show MINING c T THE NEWS QUOTATIONS CAMPS FROM AND ALL ALl ON STOCKS pJ S WITH wim F FRO FROM PRICES R 0 M THE TE FLASHED LEADING LATEST LATEST M MARKETS A R K E T S y f UUIE BUTTE AND SUPERIOR HAS TONS ZINC LINC ORE DEVELOPED Local shareholders of th the tho Butte and Superior Mining company compani will wi be pleased cd to learn leam that an official estimate of the tho i tonnage now in BI sight ht Is 5 placed at at 2000 00 tons tone of better than 20 O 0 per percent cent zinc ore are There are ste small mal values in siver silver and lend lead led and It I is considered ered au extraordinary large arge Jue deposit of such hl high h grade grado rado materia material The Tho knowledge of the tho to existence of this deposit h has had t tie Iho 0 effect of or advancing A the stock tock from JS 8 a a. share hare at which price It wa was wu selling last AUst August to 2550 2850 of or recent date Th The company will wl be bo r readY r-ady ad to tart start the thO first unit unit of it Its new mill mi having ho a rOO- rOO to ton daily capacity h by Juno 1 The unit daIY of like capacity should be bo redy ready Ik August 1 1 Sc so I that tha In the late summer the company will wJ be bo in position to treat 1000 I tons of Qt f ore dally daily it itA 1 A which the tho th company ha has on 01 the tho Basin BaIn concentrator of or the La J. J Franco Copper Copper Cop Cop- per Nr company expires on June Juno I 1 L Operations Opera Opera- tons at that plant pant c demonstrating the value of or the tho Hyde Iho preeR for recovering reeo ering rin zinc sine values value have not riot bf been n considered consid consid- ered a fair fall criterion of what mi may bo be ex expected expected ex- ex ere front from the new mill mi From the tho OO down to tho 1600 levels le ds tIm the tho ore orE bod body has ha been proven how ho much be ascer deeper it extends ha hat has yet ret to tamed rN Recent nt d development work has boon been ern flon along the lines of or proving up theore the theore ore body to this depth Average e width hoy of nr the deposit bas has not been determined to be from Irom rom but In places it has hns been found round 16 to ISO feet ICet I DurIn December there was shipped to Jo turc tho Basin mill tons of ore and in ml January r 1680 tons A f fO 0 per cent ent extraction extrac extrac- tion has baa been secured from plant plat but out the tho new mill has be been n constructed for a 70 Q 0 Pet per cen cent mi t extraction while the te ilota flota ot- flotation slimes slime's Is exp expected ex ex- lion ion for or treating p ct d to Increase e the total extraction to between petS per cent and 90 DO per cen t tt At t the pr present time profits per pel ton have have hen been ranging between n fl 50 and 2 while at least 4 J per por r ton is looked for from the tho Je new plant The latter estimate officially based speller spelter at al 6 cents cent a made Ide is 58 on American Metal company has hasa pound J The Th I a contract for tOl purchasing the output |