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MINEBK00180
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1/12/2009 9:04:42 AM
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11/18/2007 11:57:22 AM
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Mine Books
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San Juan
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\lining and Tunnel Contpan}•, and long tunnels are being driven to drain than. Their grounds c~- <br />tetul to tt•ithin a fete hundred icet of the lines of the propern• of wur company. I reel that \o. to <br />lece] is likeh• to open similar cctremely rich ore; at the same time, it trill open up great additional <br />tonnage, both in the I-Ienrietta and the Surprise rein, sutiicient to furnish a mill n•ith a thousand tons <br />or more per dac. <br />There is no need of doing am• other development tcork on your propern• until your concen- <br />trating mill is completed to handle the matcri;d alrcmdy opened. Thousands of tons of milling ore <br />i , h:n~e already been taken out in dccelopmetn work that had to Uc thrown on the clumps. ]our properh• <br />is prot•en to be one of grrtt tonnage and ma~niuule. <br />The t•:tlues ni all ore nxnsures v:tr}• cmtsi-lertL1}•.:uul even ch:ur~e irum a predominance of <br />one metal to another; in other tcords, one part ui :m ore body m:q• rtrry high Biker content with no <br />tiold.:md i» another part the conditions nrn• be acut:tllc rct•crscd. \\•hile the ore Ludics of the llen- <br />rietta mine arc uniiurmk quite regular, not only in a physical u•ay. Lot aho as regards metal content, <br />still to sample such large ore bodies in any other tt•ay than to ship lots representing tonnage tcould be <br />erroneous :uul result in a misconception one tt•:q• or the otter in the value of the property. 1 thereiure <br />- quote results obtained from actual shipments made under conuncrcial condition:. <br />In mining the smelting ore, tchich occurs irum one to set•eu ieet in tcidth, the ore is snipped <br />Ly taking ottt in drifting several icet of the milling ore, then Llastin;; dotcn the sntclting ore separate. <br />The ore thus oLutined is shipped tvithottt any sortigq tvh:usucver. The solid :uul richer ore is termed <br />suteltin;; ore, the leaner :uul more silicious, milling ore. <br />The ntillin;; ore tv:ts shipped to tltc cuntp:utc•s smelter as tests to dcnxntsn';ne the talus of such <br />ores un a large scale. therebc climin;nin;; :ts for as possible any en~rn• tchich tcould occur throgti6 arty <br />other ntethud ui determination. These results ~:hnty cunclusivclc the tircat v;due vi the property and <br />will stand comp;nison with almost any copper mine. <br />The ore as shipped to the comp;un•'s smelter, tchere it teas crushed, s:unpled :uul sutrlte~l, gate <br />the following returns: <br />Forty-one separate lots of sntclting ore aggr~„ating a.~C,S.~ tons :n•eragcd 0.og o7.. gold, ~.i u2. <br />silver, ~ ~, copper. <br />Jiightccn lots millinl, ore aggregation RS~.t tuns averaged o.03 uz. ;, I. i• 3.3i <br />copper. <br />,f <br />I, 6 <br />:\t the present prices of these ntctals, the value p er ton o! llcnrictta Botching urc tvuuld bc: ~' <br /> I ' :~~ <br />Gold, o.o- oz. at $.o.oo ............. .....................$ t.o0 t <br />l'~`a <br />Silver. 7.5o ur. :tt o.go ............. ..................... a•ii '~'~{~ <br /> <br />Copper. 7.00; at 0.t, ............. <br />..................... ~t.txt A't <br />~;r <br />~ <br />~. <br /> s <br />f <br /> ~:~ ` <br />'1`Ite apprusitnate value per tun ..( willing ore: <br />Gold, 0.03 or. at 5.o.cx~ ............. .....................ti 0.(0 ~., <br />Silver. 3.00 oz. at .30 ........ .... ..................... ..,o ~.... <br />Copper, 3.30'/, at .t5 ............. ..................... t~.Si `~ <br /> tit• :,~ <br />A t1 <br />\1'ith the milling ore the values of course t•an• sunutehat in the dil7erent chutes and :u•e affected <br />Ly the clusrness of breaking the smelting ore. \\'hile the value u( the milling ore as derived ihmugh <br />is i <br />
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