The Montana post. [volume] (Virginia City, Montana Territory [i.e. Mont.]) 1864-1869, 1868-01-18

Hoh nNe 10 elght inches to the rod.
From Summit to Virginia, seven miles.
the fall is 1900 feet, and the grade of
full three inches to the rod is practicable
for the twelve miles of gulch below
Summit. There are now several small
companies working sections OF bed rock
fumes successfully on light grades.
The California Company have only 2x,
and Blake's Company 81 inches to the
rod, and experience no difficulties in that
respect. The project of grand bed
rock hume, comprising the entire gulch
with sufficient dump. is deemed fully
practicable by engineers who have given
the subject careful investigation. Can
water be obtained: how much where
and at what expensel Water can be-
had from several places in sufficient
quantities during the entire working
season. A canal extending out toward
the Passamari will procure 1 500 inches
by the time it reaches Greenhorn gulch,
twenty-eight miles distant. Engineers
estimate $4,000 to put it in Alder gulch
two miles above Virginia, and an unlim-
tied supply can be obtained by it's extern
sion to the Passamari, twelve miles
The lakes will furnish from 25O to 400
inches at Highland, and the ditch is now
constructed. From Wigwam gulch,
fifteen miles. 600 inches can be put in
Il, Highland for $4,000. Beside these,
is the natural water of the gulch. All
these bitches have been partially or
wholly surveyed, aud the W!gwam ditch
partially constructed. What will the
s;;;ich claims cost2 In twelve miles,
-..ty three claims TO the mile, there are
G:,J rlairns. Tie average valuation will
-; >xceed $50 pr claim, an aggregate
so, 400 The percentage of expense
fJI actual working should not, at lib
eral estimate, exceed fifteen TO eighteen
per cent. Of the gross product. after the
fiume is in operation. Taking these fig
ures for data, corporation with cap
ital of $500.000 can undertake AN enter
prise every part of which is dernonstra-
ble as practicable. with less contingen-
/ cies 20 provide against and as certain of
realization of large profits as any enter
prise in which capita! can embark. The
individual miners have gophere5, Drift
ed, dumped upon, and otherwise picked
over and rendered useless to them.
claims still containing rich deposits.
Nine teAths of them would be glad TO
dispose of their claims at fair igures-
The few who are working small bed
rock fumes at high water rates, would
see the advantage of company controll-
ing the water and ground with sufficient
means to work TO the best advantage,
and there would be no difficulty in the
way os the accomplishment of great
mining projects of this character. What
applies. to Alder will spply.to very many
other gulches The gold is in them, but
il ,equires capital TO successfully and
economically prosecute the work. Small
companies of industrious, enterprising
men have latterly, in the face of that
almost tinsurmountable obstacle, poverty,
constructed and are constructing fumes,
and in every instance, we believe, are
making good pay. 1t wants, however,
wealthier companies to work to the best
advantage the large gulches. There is
but one place, Confederate gulch, where
a company has gone to work systematic
ally with sufficient means TO command
success in carrying out their enterprise
When magnificent success has crowned
.I. -,
like purposes will spring up thickly-
The best time for capital and the Terri
tory is now, whilo there is opportunity
TO get in on the ground floor. and it is
with the utmost confidence that there is
certain and immense profit in this class
of enterprises that urge st upon the con-
sideration Of those having capital or
influence with capital. The iRcorpora-
ton and other acts were framed with a
special view to aid companies Operating
in mines, and gives the fullest protection
to all legitimate enterprises. beside
the gulches there are thousands of acres
of wash gravel bars in every portion Of
the prospected localities of the Territory
where gold is deposited in sufficient
: quantities to yield a rich return to organ
izations having sufficient means to work
them with hydraulics They now lie
unworked and unclaimed. The prospec-
tor passes them by because scientific
: skill, aided by capital, is requisite TO
bring water upon and work them profit
ably, and capital has persistently and
biindly avoided them in the universal
r tmania for quartz mining. OF the two,
2 the placers require the least expendi-
ture. are surest, and promise the better
end speedier returns. At least let them
. NOT le overlooked. The success Of a few
7 com psnies will awaken capitalists TO the
n vast resources that have been disregard.