OCR Text |
Show GOLDEIUD COII. IS OUTPDTfEiG LARGE MCE OE ORES Tha preliminary eetlmate of J- T. Thora. femoral superintendent of tha Ooldfleld Coneoltdated Mine eampany. eorartnc operations for tha month of July, ehowe a total of S9.1T4 tona treated at tha mltl. which yielded a aroaa Taiue of $70.000. Operating expenaee are eetlmated at $220,000, lea vina a net profit of $570,000 for the month. Tha mlnea are looklne; well, and tha a-enera) outlook la very satisfactory. satisfac-tory. fllnc the new Akin claasiflera war Installed In-stalled In the Florence miu to supplant tha D1 ester concentrators and the Frue vane era, the mill Is runnlns; mora smoothly smooth-ly than aver, and tha capacity haa been perceptibly Increased. An aveme of IM tons per day, or (400 tone per month, ta now Vaina- handled, mllltnt coats have been reduced, and a somewhat cloear savins sav-ins ta bains; made by amala-amaUon and eyanlde treatment. Th mine continue Ita usual ahowln. and development la batns; pushed rapidly for th openlna of new f round. Tha shaft la down $50 feet, and will be sunk a little further before beainnlnc to cut th station at th o -foot level. CroaacutUna; in three direction la progressing; favorably - -T m th. 4M level to t out vadav the known or bodies In Uttle Florence hill to the south, and other aotnta northeast and west. Development on other level contlnuee to produce a good supply of ore for the mllla. but th bt days of company operation ope-ration of th mines are evidently yet to come when th nw lvls begin to open In virgin grounda th Ptorenr. L-tttle Florence. Engineers, Rogers Syndic. and other rich or ahoota that have made this property famous and contributed to tha millions It has produced. Hot. On machinery la b-ln Inetalled t er th old Jumbo shaft, f00 ft deeo. on the Jumbo claim and south of the Clermont, and this will ftlva th com panv svn producing aha ft a. The Jumbo ground haa not been worked to any extent ex-tent elnc the time of th bonansa lee"-on lee"-on thia ground, bat It la known that a Isrre tonnage of or gverarlng from $n rn $40 per ton. together with eams of high grade, remain In and about the oM workings and the undeveloped port Ion -of trip claim will now ha thoroughly z-P'ored. z-P'ored. Thla work will be of value to other companies owning: adjacent teni-tTy. teni-tTy. as H will demonstrate the course, art and value of tha velna which have thtr trend toward the Atlanta. Jumbo Extension and Merger Mines prooertl. |