Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-03-22
THE MINER BOY.
Another st. Paul Man Strikes It Biz" In
Colorado-A Remarkable Success.


vile, Colorado, that another bonanza has
been struck there which promises to yield
a golden harvest to one of our enterpris-
ing citizens, and make him one Of the
millionaires of the land in the course of a
very few years.
1t is less than two years since A. Nc
Leod. of this city, determined to pay a
| visit to Leadville. He had no intention
Of remaining, for he had little faith that
| fortune could be made there with great
er ease than in the older sections of the
| country. He was not inexperienced in
mining, however. While living on Lake
Superior he had been for two years secre-
tary of the Holyoke Silver Lead Mining
company on the south shore, and he af-
forwards opened the Brule copper mine
not far distant, and superintended its
| operation for more than year. In all
he spent nearly ten years in the mining
districts of Lake Superior, and therefore
could not be called a novice. He went to
| Leadville on tour of observation, in
| tending to return to st. Paul and engage
in other pursuits.
Arrived at Leadville Mr.. Mcleod spent
about month in looking around the
various mining camps, but he saw moth
ing to tempt him to invest money in the
hazard. One day, however, two expert
enced miners applied to him for s'grub
stake"-enough money to supply them
with food while they dug shaft in search
of the precious metal The investment
was small and Archie complied. In the
course of two or three days the men
struck vein of carbonates that promised
we'll This was christened the st. Paul
mine, and in twenty-four hours Mr.. Nc
Leod had sold it to Denver capitalists for
81, 900 cash in hand. A few days after
wards three brothers from Montana, prac-
tical miners, commenced prospecting.
| Mr.. Mcleod watched their operations,
which were soon rewarded with find of
| great richness. Ascertaining that the
lead was probably considerable one, and
the ore among the richest in that region,
| Mr.. Mcleod at once secured. for $1,000
down, an option of the claim for sixty
days at 100000 He procured
specimens of the ore, had it assayed, and
at once perfected the title to the proper
| ty. Within twenty four hours he was
offered ST., 900 cash for Ills bargain. Be-
lieving the mine to be good one, how
ever, he refused the tempting offer and
at once set about taking means for devel-
oping it. Two shafts were dug, which
showed the vein to be of considerable
length and great richness. 1t was diff
cult to procure the necessary machinery,
however A company was formed known
as the Miner Boy, and Mr. Mcleod start
ed for New York last fall to procure the
necessary funds with which to operate
the mine and procure the necessary ma
| chinery. He arrived, unfortunately, at
| the time when many of the mining bubbles
| were breaking, and confidence in all such
enterprises was greatly shaken. He had
the stock of the company listed, however,
on the American mining board, the CAPT.
| tai being 81 100000 divided into 500, 900
shares at 81 each, They are now selling
at SLIGO share, or on the basis of $780,
600 for the whole mine. He procured a
conditional market for 200, 900 shares, the
purchasers being Louisville parties who
advanced 100000, thus giving him
enough to pay for the mine
and leaving $4,000 for working
capital. Steam machinery, stamp mills,
etc., was procured, and in December Mr.
Mcleod started back to look after his
prize, arriving at Leadville on the 1st of
January
During his early work on the discovery
shaft company had been formed and a
shaft sunk on the lower level of Breeze hill,
adjoining the Miner Boy This showed
| the existence of rich vein of igold run
ming directly through the Miner Boy claim
farther up the hill and below the silver
veins previously struck. Although the
snow was six feet deep Mr.. Mcleod at
once sunk shaft on his claim to the vein
| running from the neighboring mine, and
| was delighted to find it even richer than
| his most sanguine expectations had led
him to hope This find was the sensation
of the entire region, and caused great ex-
| element among the miners. The Lead
vile Democrat of the Sd inst. says:
| The Miner Boy mine, located on Breeze hill,
continues being vigorously worked, and with
| success. The main shaft on the property,
| which is now 260 feet deep, will be sunk still
deeper, and other efforts made to more COM
pletely develop and disclose its resources. The
work recently done in the Miner Boy has
developed additional rich ore, and there can be
| little question but that with further prospect
ing increased ore reserves will be opened up.
In the fifth level, running into the hill, the
| mineral has been shown to have undergone
much less change from the action of water
and time, than nearer the slope of the hill, and
| it is much richer. In driving this drift a few
days ago, very high grade of orewas struck,
consisting of gray copper, and iron pyrites,
| rich in silver and gold. The vein at the point
| where the change in the mineral was first en-
countered, is about four feet in width, and
| gives great promise of opening up still better
with depth
| The mine is under the superintendency of
Mr.. P. J. Cullen, formerly at the Iron Mine,
and acknowledged one of the most practical
and competent miners in the camp About
twenty-eight men are employed in the mine,
and large quantities of ore are being taken out.
The management of the Miner Boy have
leased the Colorado Prince stamp mill, and are
keeping that establishment busy treating it's
ores. Arrangements have also been made with
Hills works, in Denver, to treat the product
of this mine, and most favorable terms have
been received.
AS the work progressed the ore became
richer, and on the eth the Democrat said:
The work of sinking is still being pushed in
the Miner Boy mine, and the appearances con-
tinue to grow better as the depth increases. A
drift is now being run around the shaft in order
to avoid disturbing the timbering of the shaft.
Ore is being taken out that will run two hun.
dred ounces of silver to the ton. The mine pro.
duced another gold brick yesterday, weighing
264 35-100 ounces, which was shipped to New
York.
Two DAYS afterward still greater pro-