| Show BOUND ROUND MOUNTAIN MINING Situ Splendid itil iii 1111 I of IC I ii iii U Th 11 Property A matter of absolutely vel velvet vJ velvet vet e motley money mOle will wl bo hn basis for tOI the thu June Julio dividend by h the Hound Mountain Min huh Mining hag ing company according to 10 Vice Io Preal President dent J P Loftus LuCIus sus the ll I News This will wili wi bo lie tho the first Ir l but hul by lI byno II no 10 the tho Ih last profit shiLling to tl he hc enjoyed by b the tho fortunate holders 01 ot stock In this At the tue annual was sins wal held helt nt at II the tile of or the tho tie corporation April 23 thin tho imports of o if thu th president arid and ant manager were vere read showing that for fort OI tho Ito t o months nion tim preceding leg April A 1 the Ihl bullion bill I ot I production amounted n ted to 12 while the tue total production itc May hin In I 1 of o l lust t year rOli WH sync Tin production was sas nearly 1700 per her month t It although ii I h for or four bent hs of IC this tit the mill ml rapacity capacity was wa hiss than t Itt n 20 tulle tons n I i day y while until e recent recently I Ily ly h IL IC 1 hUH I in e been hecl Ill H tn Tue mill mi for fr fl the tho first nr t 14 1 rn In iii II i which u esto tu simply from Cm tilt the plates aggregated indicating that the tho toul for II this thin month will wi bt him 1 4 Hinl as Ut I I MSO fit Mm Mateli eh The rite Hound Hund nil Mountain l eel I hit I ii mine mile ni I lie hax hl iii s al til already ready tell dy paid Id fur for to I lu 11 I tie en I ire equipment i 11 ii t and alid nt and in ill addition II hug hue HO with which to 10 lilly buy th the Ol 1 ia ul t WI V property ty adjoining ing which now nos to 10 the tho Hound lii ute tire n I t titus nl gl 1 any 11 a Ii kind I It huh ul lusting I tIme the Ihl is IH n u s nt or o and when whon Wild thu Ih April 4 I ri I and 1111 it 1111 May hIa I a not t output 00 1 pu I Is I added the Ih t ry will wil w I I I contain iii ti ill ii t 78 7 0 available bi f 1 tr i dividends tits The II above ahmo also that nil all Al OBIS of nt f equipment d I and situ viry ry c other Item Iem that thal goes Koes to 10 make up ex cx penso ens of or production tho the ore orf or Is listing being mined and milled at nt u average cost cust cf c ci per el ton toil When hen It II Is realised that the value oC ot the ore measure Is 15 the tho profits are ar easily computed At the present the tho extraction is 1 92 per or cent cont and nr title tl Is IK without the aid Id M lY ense ot of cyanide In the tho mine mImic minI actually boas meas measurable len umble amount to which ton lon tonnage nags nage will ivill 1 be hc speedily multiplied as its the lower levels lovell are arc confidently expect expected ed d to 10 reveal within the tho next 60 days about abut 1 worth of ot ore tre Three levels welo broken Into several days ago from Crom the tho shaft har which Is In Inclining dining clining In n the tue and In at Lt a rl depth of or MO feet ell the vein rein Is found to bo be from 14 1 milling to 20 feet In width wl lh all al high grade J 1 U n Davis accompanied by Cook and abut Johnon of oC Salt Lake Lako Iko City Clr went vont wen I out to the mine this week weel A telephone message from Mr 1 Davis Is to lo lotho tho tIle effect efel that a phenomenal has lia ha been made on one ot at of the upper levels |
