Original Sixteen to One Mine, Inc.

Historical Production Records

What is a High-Grade Gold Mine? 

 

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

 
2017 Original Sixteen to One Mine, Inc.