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ORE PRODUCTION.
<br />be sinking of the
<br /> C
<br /> S\fEl
<br />enth Total h1aL
<br />vel• Feet. i Tox;
<br />.. 971 ~ Lrss
<br />.. .... 73' ~ __
<br />- Grn:
<br />...... ],71:3 i c
<br />#.~
<br />The following table shows the total ore production from your property during the past year:
<br />)MPAATY Gross
<br />Tons. Ounces
<br />Gold. Ounces
<br />Silver Gross
<br />Val Per Ton. Treatment Railway Wagon Net
<br /> . uo. Averago. Charges. Froight. Haul. ValUC.
<br />Trsr, ORE... 3,532
<br />1
<br />0 15,014
<br />1'
<br />199 267 $300,439 66I
<br />23
<br />961 87 $76 40 531,219 45 516,933 3D $3,240 00 $243,O1G 72
<br />
<br />ORE........
<br />, ,
<br />__ ... ..... ,
<br />~ 19 97 11,721 59 .
<br />... 90fi 06 ]1,354 03
<br />+,_ .,,,,, r
<br />a,039'i 16,213 267 5324,421 23 ~........., 542,971 03 S1G,933 30 51,146 06 S^-G0,370 i5
<br />:L7.~,~,, ,,,. 504
<br />_ 1,470 ....... 523,392 14 S59 31
<br />__ - ~ -
<br />v Toxan..... 5,5431 11,663 261 5353;933 37
<br />idr19/ b~ ~ ~Dw
<br />~-~- / ~
<br />~i i
<br /> b A'F SOOT/U ~
<br />....I 266 ! LEASES.
<br />......
<br />.... .......291
<br />72 ~~
<br />During the }ear there have been ten blocks of ground, on the various claims, worked by leasers.
<br />.... 637 Fivz of these have shipped ore in small quantities. Of these, the Leland, City View, Barnes' lease, on
<br /> ~~ the Anchor and the Tipton lease on the Chance have bezn more or less regular in ttleir shipments, and
<br /> ai present time have good quantities of ore in sight. The Barnes' lease, on what is known as the Bar- ~,
<br />...
<br />.... eo
<br />253 i.
<br />hee vein, looks the most encouraging, at the present time. One shipment, of a little over nine tons, has
<br />_. 333 already been made, which netted 5992. With proper development, this vein will undoubtedly prove as
<br />- Pood as either the Chance or Maloney veins. The same can bz said of the new vein recently discovered '
<br /> on the Lillian Leland.
<br />I'
<br />36 276 .
<br />.... 165 DUMPS.
<br />:36 435
<br /> ~ It is estimated that there are from 10,000 to 1S,ooo tons of ore, averaging from ten to hventy
<br /> i`
<br />dollars per ton, now in the five dumps that were made from ore and waste hoisted from the Chance
<br />• •.. • 266 and Maloney veins. It will be seen that ,these can be worked over at a great profit to the company,
<br />... J36 either by leasing them at a good royalty or by the company working them on its own account:
<br /> 656
<br />~~
<br /> -- CONCLUSION. ~
<br />'
<br /> The gross output from your property for the past two years has been SSSS,ooS.19. The average on
<br />j'.
<br />• • • • • ~' orz shipped by leasers for year prior to May t, 1896, was 543.77 per tat, and on that shipped by the
<br />..... 8
<br /> 42 company, 540.13. By referring to the accompanying statement of ore production, it wilt be seen that the
<br />- average for past year has been much higher, being 578.40 for smelting ore shipped by the company and
<br /> 4,016 I 698,3q for ore shipped by lessees, showing a very gratifying increase.
<br /> 'T'here are still large areas of virgin ground in the main veins, besides the ground now blocked
<br />
<br />been
<br />done during Vlll IC0.l,y IVI JlV plug. Irl aUUIL{Vll LV LhIJ Lh2rC art: a ,lumber cf pronlis.ng veins yP} }(~ 1lP pY(1Cpei'tP„l,
<br />ave to be spent in four property is certainly of great value and the prospects for the coming year are very bright
<br /> Yours. res'pecifully,
<br /> c. w. ]joweear,
<br /> Gcnveral Mnrrager. ~_
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