Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1870-01-11
Alistellaav.
MINING In MAINE.

The first annual report of the President
and Directors of the New \ 1Ork and Maine
Central Mining Company has been issued.
1t states that the company acquired by
the original contract the metals minerals,
ores, fossils and general mining rights
and privileges on about twelve hundred
acres of land in the towns of Lubec and
Trescott, Washington County, Maine. On
these lands there are several valuable
mines of different metals. The company
have also acquired, during the past year,
some valuable properties, both real and
personal, in addition There is a large
vein of quartz known as the ''Ramsdell
Nine" about ten feet wide. carrying in
combination, gold, silver, lead and cop
per- 1t is very large and promising.
Upon it is shaft eight by eight feet
square, and one hundred and ten feet
deep, with shaft house, shop and tools.
At Quoddy head the company have three
large and valuable veins of ore, carrying
in combination, gold, silver, lead, copper,
nic,el and iridium. The veins are from
one to three feet wide at the surface, and
very rich. Ihe little exploring that has
been done upon these veins has been at
tended with very satisfactory results.
At Bailey's Mistake, about two miles
south of the aforementioned property,
along the shore, the company have a
splendid copper deposit of extraordinary
richness. The ore is horseflesh, blue and
green carbonates of copper. yielding from
80 to 20 per cent. metallic copper. On
South Bay, near Hog Island the company
have two large deposits of silver lead and
one of zinc blende. One of these lead
veins is about five feet thick, carrying at
surface 20 per cent. lead, and from $50 to
500 to the ton in silver. Another is from
II to ID inches thick and yields % per
cent. lead, and $40 per ton in silver. The
zinc vein is about two feet thick and yields
by essay % per cent. zinc. In the town
of Trescott, near the county road running
from Lubec to Machias, within mile Of
Cobbscock's Bay, privileged for vessels of
large tonnage, the company own mine
of specular or red hematite iron ore
This mine, taken in all aspects, has no
equal, as yet discovered in America.
The vein extends across a large track
of land owned by this company They
have sunk shaft hundred and forty
three feet deep in order to prove it, and
then drifted across the vein, and finding
the body of the ore twenty-seven feet
thick, which will yield on average so per
cent. metallic iron, ceased further explo-
rations. From surface indications this
vein is undoubtedly several hundred feet
wide, but sufficient ore is already demon
strated to last IL century. There are sew
eral thousand tons of ore already out of
mine and in dump at the mouth of the
shaft.
This ore has been examined by iron ex-
perts in this country and the British Prov
| -, L. H.,
analyzed and worked in furnace under the
supervision of experienced iron men, with
the decision it was the best iron they had
seen. The purity of this ore in its being
free of sulphur, phosphorus and titanium,
its great friability and richness in metallic
iron,-are characteristics which must ever
give it a prominent reputation among the
ores Of the world. The company have
also contracted for the metals, minerals
and general mining rights and privileges
| on five tracts of land on the course of the
| 'Ramsdell Vein" The company have
purchased valuable piece of real estate
in the town of Eastport, for site upon
which to erect smelling works for the re-
duction of their ores.
The trustees have contracted with cap
italists in Boston to erect furnaces and
machinery for the reduction Of their iron
ore into wrought iron bloom, at the rate
Of fifty tons per week on the said proper
ty, and the parties are now engaged in
erecting their furnace. One furnace capa-
BILE Of producing two tons of wrought
iron per day, or at least ten tons per week,
is agreed to be ready for work in ninety
days from September lst, 1869, and the
others by next summer, so that the com
pany will soon begin to receive returns
for their investment