Years ago the mining public knew the answer. Today most United States gold production originates from low-grade open pit ore deposits (± .04 oz. per ton). The company’s mineral deposit represents a premier high-grade gold mine. The following table illustrates twenty years of production, whereby high-grade ore exceeded one ounce per ton.
High-Grage Production
by
Original Sisxteen to One Mine, Inc.
YEAR | POUNDS OF PRODUCTION | OUNCES PRODUCED | NET RETURNS* | NET RETURNS @ $385.00/OZ. | % OF TOTAL PRODUCTION |
1930 | 12,569 | 12,066.92 | $249,423.23 | $4,645,764.20 | 61.67% |
1931 | 16,101 | 13,946.68 | $288,277.82 | $5,369,471.80 | 57.15% |
1932 | 11,783 | 14,794.78 | $305,808.18 | $5,695,990.30 | 73.96% |
1933 | 9,050 | 13,203.44 | $272,915.11 | $5,083,324.40 | 74.90% |
1934 | 10,222 | 11,472.82 | $401,548.82 | $4,417,035.70 | 70.71% |
1935 | 7,386 | 10,116.00 | $354,059.85 | $3,913,910.00 | 74.29% |
1936 | 6,514 | 10,426.71 | $364,934.85 | $4,014,283.35 | 71.32% |
1937 | 6,293 | 7,740.92 | $270,932.14 | $2,980,254.20 | 68.17% |
1938 | 8,352 | 8,222.55 | $287,789.16 | $3,165,681.75 | 65.14% |
1939 | 6,485 | 6,525.02 | $228,375.73 | $2,512,132.70 | 57.85% |
1940 | 5,633 | 8,438.55 | $295,349.30 | $3,248,841.75 | 63.66% |
1941 | 6,369 | 7,533.54 | $263,674.04 | $2,900,412.90 | 55.21% |
1942 | 3,635 | 5,514.00 | $192,990.02 | $2,122,890.00 | 56.75% |
1943 | 1,594 | 2,534.72 | $88,715.05 | $975,867.20 | 73.06% |
1944 | 1,022 | 1,799.00 | $62,965.06 | $692,615.00 | 68.55% |
1945 | 1,300 | 1,623.17 | $56,811.05 | $624,920.45 | 49.14% |
1946 | 3,486 | 7,013.41 | $245,469.21 | $2,700,162.85 | 85.28% |
1947 | ** | 6,849.00 | $239,715.13 | $2,636,865.00 | 94.40% |
1948 | ** | 5,816.03 | $203,561.01 | $2,239,171.55 | 95.51% |
1949 | 2,202 | 3,357.25 | $117,503.72 | $1,292,841.25 | 36.56% |
1950 | 3,070 | 6,517.28 | $228,104.65 | $2,509,152.80 | 53.19% |
TOTALS | 123,066 | 165,511.79 | $5,018,923.79 | $63,741,289.15 |
* | Per Ounce Price From 1930 – 1933 was $ 20.67 and Per Ounce Price From 1934 – 1950 was $ 35.00 |
** | Total Returns of High-Grade & Mill Ore |