OCR Text |
Show YOEE COX LETS ! SIICG COMCT M MP OSES with Ita mw hft down to a depth of root feat and drift balnc acnt out from tha varloua lower at a l lona. anotbar plec of good fortune - baa been chlved through tba aTorla of Ita management and Yankee Consolidated la placed In a atreng position for future operation. I.ata yeeterday aftarnoon General Man aaer B. N. I-hman t-loaed a contract with the rnlted Statee Smelting company com-pany for treating a lot of ore bearing rork of a low grade which tha company ' haa plied op on Ita dump. Arrangement are to be completed at the mine for ehlp-glng ehlp-glng thla ore with tbe.leaat poaalble de-It de-It la eetlmated that tha Tanhea haa approximately 14.400 tone of thla ore. which carrlea valuee of from 99 to lie a toa In allver. lead and gold. For aome time the company baa been onelderlng the advisability of erecting a mill plant to treat iheee low grade orea. but fre-auent fre-auent teala made by varloua mine owners own-ers oa the low grade product of Tlntle have resulted In tha conclusion bains reached that It would be a difficult matter mat-ter to bit upon ft method that would treat 1hee eomeea area wt ojesSt. 4s eaok. In( a direct emailing contract the Yankee Yan-kee management haa been auecaaaful, and Ita officers are naturally elated over bavins bav-ins solved the problem without any cost to the company. . . .... ror the sxientv development at this Tlntle mine It haa been necessary for atockholdera to so down In their pockets. The rontract for shipping tha low grade " area will probably make It unnecessary to raise more funda by tha asasasmenl route for Ions time. In fact It looks aa though the management will be able to tap aome permanent ore depoeita before be-fore the funds obtained from ore amies are exhausted. The devevpmnt work at tha Tankee from the 1701-foot level down will be closely watched by all mine ewnere In Tlnllc. The results oblnlned la Ihla work have a great bearing on tha future of that camp and especially of properties adjacent to Yankee. |