Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899Various
History
Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899
Various
Science -- Periodicals; Technology -- Periodicals
In Utah there is a dry bed of an ancient lake, the floor of which may
be said to be carpeted with gold; according to a recent report this
bed of limestone, eight miles by ten, varying from twenty to forty
feet in thickness, and containing gold in proportion running from six
to twenty dollars per ton, is an "ideal ore" for treatment by the
cyanide process. A number of cyanide mills are now working the
deposit, all paying dividends, and it is said that the only limit to
output is the capacity of the mills. It is estimated that there are
"5,000,000,000 tons of ore in the district, containing $50,000,000,000
worth of gold!" Although this statement is startling, the estimate is
not a wild guess, for the blanket of ore has been cut in many places;
hundreds of samples have been taken from different depths, and in all
cases the finely distributed gold has been found, apparently having
been deposited from solution in a mineral water which formed the lake
in prehistoric times.
A similar deposit of silver was found in New Mexico about twenty years
ago and was christened the "Silver Lake" Mine. This was worked
profitably until the great fall in price of silver made the operation
a losing one. The "blanket" still contains millions of ounces of
silver, and it is probable that cheaper methods of recovering the
metal from the ore will be devised whenever the price of silver shall
have fallen low enough to enable it to take its place among the
so-called "economic" metals, having far wider application in the arts
than have the precious metals. At present silver holds an unfortunate
place "betwixt and between" the precious and the economic metals.
Twenty years ago aluminum was more valuable than silver is to-day, and
its production was correspondingly limited. Last year the price was
reduced to a point which so widely extended its use that the
production increased from 1,900 pounds in 1888 to more than 5,000,000
in 1898.
Public-domain text, read in full here on John Shaqi.
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