The Bozeman weekly chronicle. (Bozeman, Mont.) 1883-1889, 1886-09-01
Mammoth Gold and silver Mining Co.

MdHluOtu uViu anu otttOi Ha"i"S W.
The Mammoth Gold and Silver Mining
Co incorporated under the laws of Mon
tana, with the stock worcestershire and
no personal liability. was organized APP
ril, 1886, for the purpose of operating
mines hereinafter specified in Idaho ter
ritory, with principal office at Bozeman,
Montana This company owns FIVE
claims near Huston, Idaho. The princi-
oal and most developed one is the "Mams
moth" which mine alone is undoubted l.
w fully equal to the famous "Homestake"
of Deadwood, in quantity of ore, and the
report which we give further on, shows
a much richer ore. The other four
claims owned by the company are extern
sions of the Mammoth, and same char
acter of ore. The following on the
Mammoth, we reproduce from the Salt
Lake Tribune:
This property lies on spur of the
Lost River range of the Rocky noun
tains, and in this great mineral belt,
which commences at the Lava District
and extends northerly. This belt has
given to the world such famous ore-pro-
ducers as the Horn Silver, the Charles
Dickens, the Yellow Jacket, the Rams
horn, and the near neiehbor to the Mann
moth, the Big Copper, for which proper
ty, when but mere prospect, hall
million dollars was offered and refused.
The Mammoth mine lies or Alder Creek,
tributary Of Big Lost river, distant
from the town of Huston. Custer county,
Idaho, about five miles, and from Ketch
um, the nearest railroad point, sixty
mile, and from BlaekfOot, ninety miles.
Like many of the abnormal mineral de-
posits of the territory, like the Minnie
Moore, Queen of the Hills, ETC., the
mine is seemingly without walls, being
apparently confined only between the
primitive granite and the lime--a contact
vein with porFhvdyke running through
it. The groupings mere can be traced fora
ledge is from % to 40 feet wide. The
nature of the ore is very peculiar. In
some places siicate of lime with galena
preponderating. Along with this runs
b dy of iron-both being highly argent
ferrous in their nature. TIE early pio-
neers, in passing over this ground. pros
pected only for gold, which. not finding
in sufficient quantities on the surface to
pay, moved further north toward the
Salmon river country"
For the purpose of securing a sufici-
ent amount of money for the purchase OF
the necessary machinery to treat the
ore, the directors have set aside $4,000
shares of the capital stock, which will
be disposed of at so cents per sbare-par
value. $500. After this amount of stock
shall have been placed, the books will
be closed. as the company desires 10 dis
pose of the $4,000 shares only. tits the
desire of the company to get the ma
chinery on the ground and IN full opera
ton by Dec LIST, 1886. 1t is also the ex-
pectation of this company to be able to
make the stock, which they propose to
sell at so cents per share, worth its par
value within six months from the date
the mill begins operation.
Col. E. F. Ferris, the president of the
Mammoth Gold and Silver Mining Co., is
the present county treasurer of Gallatin
county, Montana, and at the head of the
well.known Sebree, Ferris & White Co.,
doing business at Bozeman and Dillon,
Montana. Mr.. Ferris has been ident:-
1 fed with the banking, mercantile and
political interests of Utah, Idaho and
Montana for the past 10 lears. Judge
]. p. Allison. of the extensive banking
house of Weafe & Allison, Sioux City,
Iowa, is one of the directors Of this COM
pany. Geo. E. Ferris. the treasurer and
general manager, is member and man
ager Of the F. r Ferris & Bros. com
panv, doing business at Arco and Huston.
Idaho, Who will have personal charge of
the mill and mines E. Nj. Ferris, the
secretary, is a member of the sebree.
Ferris & White Mercantile 90, located
at Bozeman and Dillon. Mont. All the
other parties named in connection with
this organization, are members Of WELL
known business institutions of Idaho
and Montana, which Is sufficient guar
rantee of the responsibility and good will
of this organization. Only the limited
amount of stork herein named will be
disposed Of, and all who may desire to
purchase stock. should address at once
the Mammoth Gold and Silver Mining
Co, Bozeman, Montana, or Arco. Ilah
Mr.. H. D. Rippeter, mining engineer
in concluding his report, says:
sIn conclusion / would say that ] con-
slider this the most promising property.
with the best showing for making, with
proper development, the largest concen.
trating property that / have visited for
years"
The officers of this corporation are:
President, E. F. Ferris; General Manager
and Treasurer, Geo. E. Ferris; Secretary,
E. MyroA Ferris. There are six direct
ors.