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SOU
<br />T I T L E
<br /> vested fn The Ajax Co id Min
<br />o
<br />~
<br />o
<br />e
<br />~
<br />_ the laws of the state of Col
<br />rado,
<br />with a
<br />oapital
<br />stook
<br />of 1
<br />2bC
<br />00G shares of th
<br /> ,
<br />,
<br />e par value of $1,00 eaoH,
<br /> Principal office located at Denver, Colo.
<br />__ _ _ i Branch ofPioe located at Viotor, Colo,
<br />--._. I Bun COlburxt Gen~l Ngr, Viotor, Colo,
<br /> Partially leased in Blooke,
<br /> All fully reported in March 1912
<br /> Gross production to date 160,834
<br /> I Average tonnage per aonth 1,000
<br /> I DEVELOPMENT:
<br /> Total number of feet in shafts 4,800
<br /> Cost per foot $33,
<br /> Total mrmber o~ feet in drifts and levels 8,260
<br /> Cost per foot 9,00
<br /> Total number of feet arosaouts 4,610
<br /> Cost per foot $10,
<br /> ~ Total number of feet in winzes and raises 640
<br /> Coat per Poot $12,
<br /> Total number of feet in development 16,310
<br /> MEN EMPLOYED:
<br /> is machine drill men 8 hours $4,00
<br /> to miners » s,oo
<br /> 1o timbermen » g,5o
<br /> 20 tramners » g,0o
<br /> 8 Orn ssOPtel'e » 3,00
<br /> 2 topmen » g,00
<br /> 4 1aboTerB » g,00
<br /> 1 assayer s,oo
<br /> g~ra at 4.00 and
<br />4.50
<br />1 Pn
<br /> i
<br />»
<br />3,50
<br /> 1 blacksmith » 4,0.0
<br /> 2 foremen » 4.50
<br /> 1 superintendent at $300 per tronth
<br /> 2 office man » 3,00 and $3.60
<br />Averago number of men et~loyod for the yoar 81
<br />Costs:
<br />Cost of fuel $6.00 per ton averago cost por month $1,000,
<br />Average cost of timbor por month $260,
<br />Average cost oi' steel Per month $60,
<br />Average cost of oil Por rronth $20,
<br />Cost of powder 13-1~2 ots 1b, avrma a cost por nnnth $1,600,
<br />Average assay vnlua of ore por ton ~18,
<br />cost por ton fbr mining same $3,00
<br />cost of trartsportntion and troatmont of ore $6.00
<br />GENERAL RFdIAIiKB, '
<br />Ail ~taf'ta,Pits and othor oxoavatfons on progert soouroly
<br />ooverod or fenced.
<br />A11 accidents have been reported to tho Duroau of Nines,
<br />Nine carries indemnity lneuranoe against aooido:tts in The
<br />London Guarantee ComPony Also oarrios ineurarae or
<br />e7N>loyeea in eamo oomparty, rate ohnrgad employes 3 Par month
<br />Nina is arogulor Produoor and is worked oontirruous y
<br />Nanagemnet is familiar wlth the statuton relating to the
<br />opvratiori of matallifaroua mines,
<br />Cyanide Plant on groun4 see mill ropoxt,
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