New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-10-12
NEWS FROM THE COPPER REGIONS.


----s-
NEWS FROM THE COPPER REGIONS.
We clip the following items from the S0at Sc
Marie Journal Of Oct. ed.
CoPpER MINES OF LAKE SUPERIOR.-Perhaps at
no time aimee The commencement OF mining opera.
tons within the region bordering on Lake SuperI'
or. have the prospects of this section been more
promisipg or ita business more actively prosecuted
than at the present period. Mining aud explora-
tions are now prosecaed upon basis far different
from that which generally characterised the ephe-
neral operations OF 1915 and 40 and although toe
errors dtsappointment and oases 10 ihe multitude
corseouen1 upon the total want of knowledge and
experience in those concerned mlgd' nave oeen
,ofslv Dredicsed these tended, nevertheless, TO
create in the miDds of many, doubts as 50 the real
wealth Of the country which nothing butthe strong
eat evidence could have removed.
Tete deyeopmcuta as well 10 the copper az IN
the iron region have served to dspei snese douoIs
In all concerned, and universal confidence 20"
seems to exist that the apathy and mlssrust Whlcn
have prev alled are past TO return no more. oo2n
The waters of our noble AXE will be connected
by a ship canal with her kindred waters, then
Will the exhausteEs treasures OF sue upper re
rinsula, unrgaied in extent and quality be pQur'
ed cut Until they Dhsl form one mighty and IN
crea5irg stre2m oil wealth enriohng alike ouc cltl'
zens oGr State and our common country.
The following haaiy estimate will not vary lar
from tue afI.cuug OF copper in ina rough, which VIII
te seutdcwn from Lake Superior during the pres
ent year, viz: oo o,o
Bos1n aud filshur4h Co, 100000
Noh
Hqrh Ametcah'' 49, 10 d. = 21O 900
/ RirHtsoh ...'''''''''s ~ so 600
SrERwlt Oo 00G
] All oltefs GoI oYer....
Beng losl .:....'268o VVO
There vi! be empoye cais W inter N operation
cznnec:e1 sith mining, about 600 opefatlges.-
Tire Gflos1ing remRtsa sre made wishou. yoaChiog
fer their perfect correatnass they are made Wlth
the belief derived from the bsas Information flthln
our sch nnd are believed to be generally c0rrecE
The Cliff Mine owned by she Boston aud Pltt1-
buHgh ca. will send down this Summer eomo|has
leas than las9 year; these who should anoR, how
ever, sly that tbs mine was noVer looking b5tter
than at present, and tina. it Is nov IN p0'lon 70
more than make up il The coming year auy defcIen
cy in this Tnero has baenately found upon this to-
cation Nc y y1io, said TO be fully equal in promise
to the mir c noW rofked Should this provo equal
to what ia expected, the snDua dividend OF tbi5
Company can wihou. difficulty be made $50 or $40
per share, the original cost Of which shares nc.ld'
ing all aaseEsment1 vas about $50 per sh,r3-shoy
are now selling at about 500
The North w est is getting on tanouay and next
70 the Cliff they will Ibis year gend down moro than
any Oiher nine on The l. axe
The North American is doing very we-a rich
feeder has atsy been struck near the bottom OF the
nine, which hasmatefally improved its character.
working uQon prospects which are considered by
these acquainted With them, az only needing laoor
to develop rich reEources and the party engaged
thereon are men Who ~il not allow them to fall tor
either energy or meaLs
pom the Onton agon The Minnesota Mine ia look
ing ez tremey x ell; cir ztock has advanced very
repidy aiuce the commencement OF the seaA0p
and a now in demand, we believe, at SIOO per
share.
The Adventure mine looks very well and ia iol
proving in regularity and their ground ID extremely
rich
The Ridge Mine looks well-they are now aink
ing shaft, which, thus far in richness, has been
seldom eAcelled.
The Ontonagon Mining Company have lately
+ corums nced WORK upon very large and regular
vein, W bch upon lhe surface appears to be coQn
terpart Of the Minnesota vein. /! has thus lar pro-
duced only atsmp work. They are now bringing
up an adit which will drain tho mine to the depth
/ Of 100 feet
The Pi.cataqua Mine, the work upon which
is just commencing has large promising vein, rich
in copper and accompanied By ex.cnsiye Indian
diggiDgs. This vein is about feet in width, and
can be traced by the ancient works for long did
tsICe,
The Forest aline has not been work ed axten
siyely this summer, They have contracted road
to The river at great expense OF time and labor
ard have done yaat deal OF other work and ara
Lew prepared 80 commence mining IN earnost.
They have vein sasiy WORKED carrying copper
richly disseminated.
The Ohio Trsp Rock has 40. been worked for
the lat year, but they about 70 .ec0mmance
cperitiolS We understand sale 1as made, q
abort !ime aimee, Of about GOO ahsrea at sI2 peg
+ share.
The Norwich Co. are alGo recommending opera
tions upon their mine, which has not been worked
for the iastsgo years. It is said, they have good
show.
Tire Algonquin Co are sinking perpendicular
shaf. upon weir vein which they hays Just inter.
sscted. Tnay haya a very large vein, which in
places where makes iss appearance, Is very rich.
They recomm elced operations asF spring, haviag
done nothing for several years.
The Douglass HoughIon Co. are sinking and
driitiDg ca vein sha!is sald to &c improving in
its character. Trey nave sresdy out lome mssSes
and quantity ofexceIens stamp ork
The Mtrchsu.s Mining Co vii c5mnenca work
this fall, as will also the Chesapeake Mining Go
TIE locations Of both these Companies prcaent
very favorable Indications There ara also three
other Com paries which will pfob1b'y be worked on
the ODtonsgoH bu:t1s not yet certain.
On iae hoy ale, the 8isakaWit 20 ia doing wei.
Tbei. khstt about so feet ep--Lcde in the boz
tom s%o and bali feet vide and fica IN stamp
work The! have about completed thor s'anP
EorkE ,...,h
The Ohio X Isle Royale Co. and he Pihsou ,5s
L Isle Royee Co will carry on operations "
Island during me winter .io,.e
MORE COPPER FROM THE MISEs Inc irving irving
steamer Of Lake Superior, ne e VIVIAN, brings