Show JENNINGS REPORTS PORTS ON CONDITION O Of NEWHOUSE MINE C. C p P. P Jennings a mining engineer of Salt Lake Lako has submitted to Sal City Charles Chares A. A Morse chairman of the reorganization reorganization re re- rc- rc organization committee estimates that thai that there thero are tons of oro ore in sight averaging 18 18 per per cent copper 1 partly arty developed and probable ore totals 1 I- tons tens of 2 per cent partly exposed exposed ex ex- posed by surface outcrop while there are aro tons more o of partly party developed de do- ore containing from 1 to 1 IVi 11 per cent cont celt On the west end of the tho Cactus Cactus Cactus Cac Cac- ground there are feet of Undeveloped undeveloped undeveloped un un- developed territory Mr lr Jennin Jennings s fin figures fles cost of 1131 1139 c cents a pound pound to lay fay copper down in in New York City under present mining milling frei freight ht and smelting rates Costs under improved conditions of 30 30 to 35 tons a month the copper in New york York ork would cost 96 i cents On an output of tons a yea yeal with copper at 13 cents Mr r. r Jennings Jennigs estimates profits at at 14 cents and at 15 cents says News Bureau Il Improvements will wil red reduce ce the cost of milling ore are to 45 cents per ton on onan onan onan an output of tons a mont month The system now in use has reduced the cost of mining from 20 to a ton tou while on a large output a D a. a further decrease de dc- dc crease to 1 is expected Two vertical shafts from front the surface to the foot level Icyel and an inclination from the to the foot level together together to to- gether with numerous chutes and raises constitute the tho dov development at present The ore in sight averages 1786 1786 per percent percent percent cent copper The grade is lower in the and foot levels than in the theold theold theold old level of the levels below Copper Copper Copper Cop Cop- per contents of the thc ore sent ent to the themi mill mi in 1908 1905 was lower than in in 1907 because last year yeal the ore was obtained from crushed ground that came from tron levels above the foot and contained low grade stuff from flom the and levels to together ether with waste used in filling filling fill fill- fl ing in on the and levels Thus the 1908 yield of copper was materially cut down Concerning the high grade ore Mr Jennings says that tons running 15 per cent have been mined from the and levels The occurrence occur occur- renco rence is erratic In the last few weeks tons of 3 per cent have been opened on the level le this being a portion of the main main ore shoot heretofore heretofore heretofore hereto hereto- fore undeveloped The square square set system of mining has bas been replaced by the caving system The mill mi capacity is 2500 tons a month and the cost of milling 55 53 cents a ton This capacity will wi be increased to tons and the cost reduced to 45 cents The mine at present cannot furnish over tons a month Mr r. r Jennings figures the ost of selling copper copper cop COD per and anti the tho expense of the company company's s eastern easter office at 02 cents cent a pound The mine he concludes has good reserves reserves re re- serves of actual and anti partly developed eloped oro 01 of a grade that will wi give a profit of 3 cents a pound at present market prices if i operations are conducted with ordinary b business siness and technical ability The mine nune needs to put down a shaft from the tho GOO to the level and equip with engine capable of hoisting SOO tons daily daiy S |