MINEBK00734

• County: Lake
• Volume: 6
• Document: Inspectr
• Suffix: F

xs per ton oP oreshipped was $6. zz per
s $3.3; per ton, and by including the ex-
Eoyer Shaft, Tucson and Ditch, $3,g8 per
~.e mfne of $z. zq pea ton, or 36 per cent on
ed.
of prospecting aqd development work was
ihatt ............ ..:.. ........ P64 feel
...............................9691 teat
........................ .:.... 684 feet
les ................ ..:.......... 622 teat
................ .........: ....6976 teat
ravde Railroad has completed its. spur and
yer ore house; the levels from the shaft
ve bodies; and the whole plant. is now iv
~ output and handle at a minimum cost ell
receive. This shaft will handle all the
the mine, enabling us to largely increase
~rther develop the South portion of the
CSON SHAFT
.gust to repair the surface plant. There
tft t yo-H. P. boiler, r qo-H. P. hoisting
of which were removed from the Moyer,
been repaired and enlarged,. and an ore
gone at the Tucson is as follows;
...................... ~ 482 toot
... .
k ... ............ ............. 794 foot
......................... ...» 19P feet
i .............................1290 loot.
.............................2068 feet
so far makes o very favorable showing,
xploratioa work with the diammtd drill
>f a new shaft and its equipment.
6
In conclusion, I will say that there is now more ore in sight in
the Moyer property than at any previous time, and with the presenk
excellent facilities, the mine should produce during the present year
the largest tonnage in its history.
IOHN F. WALSH, Manager.
The reports of the manager and of the Snancial agent herewith
submitted, .show that your property has been conservatively and
economically worked during the year; that the underground explore-
, lions or dead work Lave kept well ahead of the sloping of ore and
that notwithstanding the large expense for surface improvements and
new equipment, the result for the year is most satisfactory.
By the completion of the Denver & Rio Grande spur track to our
North Shaft, and the erection of a suitable ore house at the.' shaft,
regular shipments of ore are being made through the shaft. This will
relieve the old shaft, which heretofore has done all the work, and
will permit the more active development of our Southern and SOntL-
easkern territory, which Lns necessarily been veglectedowing to leek
of capacity in the old shaft to handle the waste. The work on the
' -Tucson was started for the purpose of proving a lower horizon of sul-
'~'phides under the old Iron Mine workings.
The production from the mine exceeded that of last year some
rz,ooo tons; tLe metal contents of the ores were as follows:
'j Gold ounces ...................... ................ '2.02104
~: f811ver nuance .............. ...................... 929,088.89
' CoPpor pouode ........ ................. ...... .. 985,1116.
.....
Load Pomde ............. ...... ............ 2,141,246.
Zino Pounde ....... ...... ..........:............ 06,080,891.
'Iron Pounde .........:............................80,142,017.
No mining operations were carried on by the Nisi Prins Com-
pavy. During the latter port of the year several lenses were given
on the property and the prospects seemingly are fair,
The Company is to be congratulated ~ upon escaping the labor
troubles, wlricL hove 5o seriously disturbed other mining sections of
the Stare, and, unless forced to shut down or curtail shipments for
want of coal, arising through the sh•ike among the Colorado coal
~nriners, tgoq should be as pro5lnble as the year just closed.
ASHLEY POND, President.
FREMONT WOODRUFF, Treasurer.
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