Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1856-02-08
From the Raleigh Standard.

From the Raleigh Standard.
Mining Interests of North Carolina.
EDIToRs N. G. STANDARD Gentlemen The fire.
quent inquiries which have been made of late, re-
specting the mining interests of this State induce
ne to say very few words upon this subject.
II is very certain that the value of mining properly
cannot be estimated from the prices of mining stocks
in The New York market This has been illustrated
during the last year or two, with North Carolina
Gold and Copper ines. assumed the responsible
ty of stating in the Mining Journal, year ago, the
causes which had operated in depressing the mining
interests of this State; and now, after further ex
pIoration and observation, find the opinion which
then expressed sustained. To satisfy those who
are interested in the of North Carolina mines,
will state very briefly, few facts which | have
obtained by direct obsel vation; and, may state,
have enjoyed every facility for obtaining correct in
formation, both by examination OF the underground
workings, and of the books and accounts whenever
wished In the first place will call the attention OF
the reader to the Gold Hill mine, and state that the
books show the earnings for The month of January.
1856 76 March, $3.50 90; April. / .696 81; May,
81 $40 81 June, S2,O51 o. Tie average expense
per month"; for eight months of the year, for working
the mine amounts to $3.50. The amount of gold
taken out Of the mine in a month has reached as
high SIS 900; and it may be stated that the nett
gain per month, at the present time, exceeds SlO,-
900, The vein has been worked TO a depth OF 400
feet, and it gives an increase Of gold the workings
are carried down.
The North Carolina Copper mine known as the
Fenriss nine has than sustained itself during
the past year. it mas had lis fluctuations, tits true
but ii has been improving, and is capable of furnish
ing copper than at any former time. One shoot
of ore furnished about 81 600 worth of ore, which
was raised and prepared for market at expense of
about $1,000 At the present time it yields $50 bar
rels of 20 per cent per month. besides a large
quantity of 10 per cert. ore, which at the present
| advancing price of metal NAV be sent to market at
fair profit. The of solid copper pyrtes is %
ilchs wide, on the borders of which there is four
feet of quartz, rich in metal all of which is bound
ed by fssure- II feet wide This great width con-
stues the vein; and from these facts
ranted in the belief that it will prove one Of the most
valuable mines in this country.
, The Washington mine in Davidson, is now sue
cessfully worked, after having been unlmproved for
! the last three years The difficulty heretofore has
been in separating the zinc from the lead his is
now accomplished by the of Br ,dford's Separa-
tor, which enables them to smelt at much less cost
| than formerly. The prospect now is, that ii will
! become one # the most valuable mines in the coun-
try, | might enumerate many valuable geld and
copper mines, some of which cannot be said to en-.
JOY a reputation beyond the immediate neighborhood
of theil location, but which are paying mines. The
! Fisher Hill mine, in Guilord; the Jones mine, and
the Ward NINE in Davdscn; the Rymer nine, in
Rowan; the Russell miue in Montgomery; the Pho
neer, in Caban us; the Ore Knob copper mine, in
| think il safe to rredic, that the copper mines OF
this State will prove prominent and profitable as
any sui phuret mines now known.
But gold and copper mines, although enriching
! their prOpretOrs, and undoubtedly adding greatly tC
the general prosperity of the State do not equal,
the latter particular, coal and iron The unavoida
BILE delay in the completion of improvements upon
Cape Fear and Deep Rivers, has been discouraging
to those interested in the coal fields, and caused
doubts in the minds of others, to their Value
The of the delays, ii is said the difficulty
of procuring labOrers; but there is nothing to ndl
cate that the improvements not perfectly feasible
and that there is impeachment to their being car
ried out; and they will hence be completed in du
time The different companies ready TO take Goa
to market soon the improvements are COMPLETED
Railroads will also be built to the coal fields, from
Fayetteville, and South Carolina only requires
Rharter to build one Immediately; and there SHOULD
"a road from Raleigh.
Of the amount of coa on Deep River, there cal
k0nger be any doubt. Situated in the midst of
agricultural country-tmber also abundant
facilities for mining are equal to those of an,
bal field in the United States and il will be proved
in short time that lis transportation to market will
be cheap any similar coal in the country. Ii
connection with the coal are inexaustable beds O
) iron The great shaft at Egg pit now in pro
gress, is carried down between 800 and 400 feet
beds OF lion ore have been cut which will furnish
any amount OF ore, OF quality which will produe
cast iron, equal in every espec TO the Scotch pig
The value OF the coal OF Deep River, and the inau
it will have upon the prosperity of tine State
when once opened to market cannot be overesma
ted This, alone, will make the rates of exchang
between this State and New York in favor of tn
former, a circumstance which will be great relic
in negotiating her bonds. Hence, the work upon
Deep River should be FASTENED to a completion.
Much more might be said respecting the value o
the mining interests of this State but deem it IN
necessary to enter into farther details al this time
as | shall embody in my forthcoming report. tn
principal facts, which have recorded, and which
may he regarded important for the public tt
know. E. EMMONS
GeologiSt to the Stale of N. C.
RALEIGH, Jan. 81, 1856
AIOne.