The Atlantic Monthly, Volume 13, No. 79, May, 1864 by Various
page 136 of 285 (47%)
page 136 of 285 (47%)
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forty-nine cents to the ton,--the oversight and bad economy of its
waste will be sufficiently apparent. It may safely be estimated, therefore, that the process of Dr. Keith, or some other equally simple and efficacious method of extracting this hitherto wasted portion of the precious metal from the accompanying sulphurets, will produce an amount quite equal, at least, to the previous minimum yield. The effect of such an increase in the returns will readily be appreciated by others besides the merely scientific reader. In regard to the capacity of the various mines for the regular supply of quartz to the mills, it may be stated that ten tons daily is the average amount fixed upon, by the different experts, as a reasonable quantity to be expected from either of the well-conducted properties. Works of exploration and of "construction", such as will hereafter be pointed out, must, it is true, always precede those of extraction; but a very moderate quartz-mill will easily "dress" ten tons of quartz daily, or three thousand tons per annum, requiring the constant labor of thirty men, as shown by the large experience already gained throughout the Province. And this, says Professor Silliman, "is not a very formidable force for a profitable mine,"--particularly when we consider that the price of miners' labor in Nova Scotia rarely rises above the moderate sum of ninety cents per day. If the quartz cost, to turn its product into gold bars, as high as twenty dollars a ton, there would be, says the same eminent authority, "a deduction of one-fourth [as expense] from the gross gold-product. The gold is about nine-hundred-and-sixty thousandths fine, and is worth, as already shown, over twenty dollars per ounce. But the cost of the quartz cannot be so much by one-half as that named above; and there is the additional value of gold from the pyrites and mispickel, as well as |
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