Salt Lake Telegram | 1914-01-10 | Page 5 | Miami Copper Has Added to Reserves

MIAMI COPPER COPPE HAS ADDED TO RESERVES ESE VS Between and ald t tons tone n of ot low grade copper ore will s soon on bo added to t tho the ore reserves of ot tho the Miami mJ Copper opp r company it is understood Tide This ore will wm avera average e below 2 per cent It cost the Miami company cOlpany b between tw en 10 O and 10 cents per pcr pound to produce copper copper cop cop- per in 1913 as against 9 91 9 cents nt In in 1912 Because of a serious the Com Company's om- om om- om pants pany's production in May w was s only 2000 pounds as against 1 pounds In March Tho Tile added expense and smaller output duo due to this mishap combined com corn com to cause the increased Cost COt of ot production pro plO o on on the years year's a average orage The Miami company compan expects duri during durins 1 1914 to increase its capacity to permit per per- nut mit of ot the treatment of ot tons ot 01 ore Oo il V The Tile present capacity of oC tho the 2000 and tons In addition the tailings s will bo boo handled to b better ad ad- d. d vantage The company has secured an average e extraction of 70 per cent In hf 1913 a a. l' l percentage per pc- slightly better belter thap than 1913 1912 The Tile company hopes to make an average o c- c cr traction of ot 75 per par cont cent Mining on t tho to o Captain ore body near the Inspiration boundary will Ill soon be bo started The or ore body will bo be mined through one J of the tiJa existing shafts V V