OCR Text |
Show son of an economical transportation 1 rate that is provided by tho Mascotte tunnel. Its ore valine arc anions tho best of the law grade porphyry properties prop-erties of Bingham and an excessive Iron product gives the company a very low smelting charge. . A considerable amount of machinery machin-ery Is yet to be delivered before the J f.fcond half of the mill can be com- j missioned, but everything In the plant Is ready for the reception of this equipment. By the time the entire mill is commissioned the development j work In the mine will be b mm; lit up to date and the management expects 10 show an average prolit of $C0,00 a month. i OHIO COPPER SHIPS CONCENTRATES Salt Lake, Jan. 11 Since the starting start-ing up of the Ohio Copper mill on erroneous Impression has gone out that the new plant was an expensive proposition, rather thnn a profitable undertaking. As a matter of fact the management has made public statements state-ments as to the progress made In commissioning com-missioning tho plant. In which It was Fhown that a fine recovery was being mado, but that a considerable amount of interference was occasioned by reason rea-son of the excessive moisture in the ores taken from the upper levels. While this condition has been a decided de-cided handicap In the operation of the new plant, euough work has been done to date to show that even under existing conditions the company will have a good profit on Its operations, pfter all the expense of extraction and treatment has been deducted. In addition ad-dition to this It is further shown that within a short time the moisture will bu drawn fioni tho ores by means of connections that are being made with tho Mascotte tunnel, after which the first half of tho mill will be able to treat upwards of 1500 tons of ore dnlly, on which the company can be able to show a profit each month that will run up lu the neighborhood of $30,000. In the meantime the development work In the mine Itself Is very satisfactory. satis-factory. At the present time the forces underground arc uniting thlr efforts In the direction of relieving the drainage situation, but previous t'i the time thoVthls work was taken up a large tonnage of ore was added In the reserves In the levels above the C0U. In addition to the work .1 strike of considerable Importance at depth was made In the lilvlna vein. This development, though the most Important that has taken place since the mine was opened up, was discontinued discon-tinued until the more Important work, which required "tho Immediate attention atten-tion of the management, was completed. com-pleted. Ohio Copper ores ore unquestionably unquestionab-ly tho best concentrating proposition that lias been developed In the Ring-hnm Ring-hnm camp to date. Its finished product prod-uct can be placed on the market moro cheaply than a number of the mines now operating in that section by rea- |