Show ELY DISTRICT big companies invest millions before producing pound of copper the ely camp in nevada is now demanding the attention of the mining world aa already read r over has been spent by the cumberland ely and nevada consolidated copper companies in the purchase of property the development of mines the construction of the nevada northern railroad and in the reduction plant of the steptoe valley smelting smelling Sm elting and mining alining company says the tho boston news bureau the stock of the nevada northern railway company and of the steptoe valley smelting smelling Sm elting and mining corn company Is jointly owned by ohp th nevada consolidated and cumberland ely when the reduction plant Is ready for operation the total expenditure of the two companies will be more than A concentrator which will handle between and tons of ore dally daily and a smelter having a dally daily capacity of 1500 1600 tons will be in operation by january 1908 plans are now being prepared for doubling this capacity operations of such magnitude in a new mining district which has not yet pro produced deuced a pound of copper coppe r are unbar alleged in the annals of mining hattory hsi hai tory by january 1908 these two companies will be in position to supply a dally daily ore tonnage equal to the maximum capacity of the reduction plant assuming this production to be 0 tons dally daily and the yield per ton to be 36 35 pounds of copper there is indicated an output of refined copper opper approximating tons annually it is the opinion of experts that this copper will be produced at a cost not to exceed 7 cents per der pound thus indicating net earnings on a basis of 17 cent copper of a year and at 25 cents the tho present price of annually by january 1909 it is expected that the above figures of output will be doubled during the past year development work on the nevada consolidated has bits been b een projected principally with tho the idea idoa of determining the extent of the ore bodies so that the mines can be economically worked on the caving system and by the use of steam shovels vigorous development work how ever has been prosecuted on the cum berland ely my properties in order that the ore bodies may be fully blocked out by the time the reduction plant Is completed the largest ore bodies thus far opened up in the district are on the ruth and eureka workings of the nevada consolidated and the best showing of high grade ore is in the veteran mine of the cumberland ely elly group at the foot level of the mine shaft on the latter mine is a large body of ore ranging from 3 to 6 per cent copper drifts have been run in four directions on this ore body for a total of over feet and the faces of all these drifts are still in high grade sulphides sulp hides the veteran promises to open up as great a tonnage as either the ruth or eureka the next important development on the cumberland ely my Is on the wedge the main shaft of which is in ore averaging better than 3 12 per cent copper all of the mines thus far opened on both properties will be worked by tho caving system through shafts except the eureka on which steam shovels will be used if you the time to exercise regularly doans Regu lots lets will prevent constipation they induce a mild aas easy healthful action of the bowels alt without ut griping ask your druggist for or thorn them |