OCR Text |
Show COPPER IN NEVADA. Opinion of the most astute mining men is that the gold-producing' record f Nevada,' which, has brought the sagebrush State into the limelight of extremely lar"e popular favor with investors, in-vestors, will ultimately be superseded by a brilliant transformation to copper-yielding compared with which Michigan Mich-igan and Montana may fade into utter insignificance. "I have visited almost every section of Nevada which produces coer," said 8. J. Osborne, a representative of a large company of Los Angeles people peo-ple who are making copper investments invest-ments in the State, recently. I will frankly say- that I consider it the greatest copier field in the world, and think it will only be a question of a few years until the eo er output will far exceed the gold. The deposits are here and -they will be developed. "The field at Ely is one of- the greatest. great-est. I have ever seen and there is small question but that it is another Butte. Greenwater is also a fine district, and at both places the people I represent have made investments and expect to begin work within a short time. "In this State ore which runs 10 per cent can be handled with a good profit, and if well located considerable lower grade can be worked. "At Butte, where I was engaged with the copper work for some time, mey nanaiea as low as e ana o per cent and make a great profit, but, of course, their facilities are far superior. "You can rest assured of one thing, the Conner ontput of Nevada wUL in a few years, far exceed the gold and the people all over the country nave tLei eyes this way seeking that metal. met-al. " John W. Wood side of Philadelphia, who, with A. O. Turner, purchased the Mizpah mine from Jim Butler, paving (336,000 for the property which is now worth (15.000,000, haa been at Tonopah, visiting the celebrated cele-brated property for the first time. Woodside visited Gold field after making mak-ing an inspection tf his Tonopah holdings and said that in his opinion Goldfield would becon.) a rich copper camp as depth was gained. He said the indications in the deep workings strengthened this theory. Woodside 's opinion is interesting. The same thing-has been said about Tonooali, several eminent mil ing men believing that, like Butte, the mines will ultimately ulti-mately run into rich copper values. Basis for those opinions regarding Tonopah and Goldfield rests on the fact that throughout the mines so far developed de-veloped there are favorable copner in-dicationa, in-dicationa, many of the low grade ores of both camps containing so much of the red metal that the cyanide process is unavailable, except preparations be made in the installation of plants for its concentration. |