Show ELECTRIC SHOVELS TO r WORK DRY LAKE BED Goldfield Company Prepares I for fOl Operating on Gigantic Gigan Gigan- tic Scale SANDS TESTED FEET Figures Gained d Present P Posse Possibilities ssi- ssi of Ma Making old Too Cheap Tho Coldfield C Cyaniding Reduction company compan which Is planning to cyanide on a gigantic scale cale the sands of Gold Cold lake loke sixteen miles northeast t tor of or Goldfield Is negotiating with a n California company for the In Installation tion of or electric shovels sho at al the tho lake The file plant will be supplemented by eli electric motors and tracks hacks over 1 which the auriferous material will be delivered delivered Iehl ered at the mill in gondola cars car th the entire cost COlt to he be under tinder tl ten n cents cent a cubic yard These se power shovels sho have I been hen In operation on three plant plant- In California and lift more than on ont ont- I cubic yard which wei weighs hs about a ton lon each trip We r ar are not working on an uncertainly uncertainly declared an of or th the c n nt- pany The Clue sands Kind have been hn l test tested ld d to a depth of nC 2 feet feel and the values are mp uniform all the tho wa way Inta from on lie tho surface to I a aton aton ton inn at the water waler level We c expect to be bo able to pa pay dividends within ninety lays days after our Initial plant with a It capacity of or 1000 tons ton stor starts Ii lip up Figures In Millions We 0 have o worth of toil gold in our oun 1500 acres of or ground acCording according ac ac- cording tl to In the assays and tests we te have secured seemed and we will twill have three or four moro more cyanide plants going I just as nM fast as ns we can build buil them In In making this e estimate we haven't taken into Ino consideration th the platinum contents contents contents con con- tents which h In ill themselves Ives will be he VOl very valuable The process J s 8 W we are to u use e eIs Is 19 time tried and well established We Ce t have consulted the best cyaniding engineers en en- In the world o of which there are few w and know exactly what we WC weare weare are aro about Tile The values are ure there and we wc knoW Imo what It H will cost to extract them It is a t simple hu business in q proposition proposition with all nil hazard eliminated The presence of potash and other alkaline minerals will aid In ill the re reduction reduction re- re of or the gold into bullion hullion and the company has ha developed an ample supply of oC water In lu tho rte shaft at ot a depth of OO feet Ceet which seems c to be bethe bethe bethe the water level of the lake |