The Mineral argus., 1886-01-07

months. while sufficient water j. obtainable.
work is still pro~eci,ei IL several of tle
gulches. all of which yield e,,id wage
Since the fret quartz lode discovery, die
War Eagle located IN 1850. aDnui 300 claims
have been made aud more or less work dom,
thereon. Ahou; 30 per cent. of these cf..ir..,
are what expert mining men. call ''pscr.is-
ing prospects. an'l there = every reason to
believe that when properly ,.c,e!spc. sill
prove paving mines. ILoi.' development
depends entirely upon capital or market
for ORES Poor miners niA.Ss put their mite
into grub while PROSPECTING and working
on their claims; their only source of reve-
nGe : sale of their discovery or the ore
mine'l; Without these opportunities their
only recourse is to patiently await the
advent of capital which they are confident
VIII come SOONER or later. A. To- s..ippiny
though some of the propcrie- carry gold
and silver ores sufficiently rich to warrant
IL, the majority do not, and at the y.esent
cost of transport alton would leave nolhing
tor the miner ~ the number in question
the lowest average assay is about -, while
the highest reache, the hundreds Thus it
is apparent that with sufficient milling ca
pacity the lowest grade ores in the district
could be proiitably reduced, bat to ship
would entail an expenditure of Sic over
its intrinsic value
j. X. kemper owner of the Florence q
silver bearing lode, has shipped the bulk Of
the output from, this property. about thirty
six tons. To Omaha. Neb., aud cleared over
all expenses, :ls.ooo. The property is now
being worked on shares. The ore being
mined will average 5000 per ton. The
owners of the Peerless. Co3e Butte district,
have sold ore to the Maginnis Mining Co.,
that netted them $l9o after paying SO for
hauling and allowing for cost of milling
The output from this property is being
sacked as fast AS mined for shipment in the
spring. 50 We could mention a number OF
other properties that give PROMISE of be-
coming great mines.
The principal properties in tliis district
Warm Springs) that are developed to ex-
pose ore veins are the Waf Eagle, Alpine,
Spotted Horse. + entucky Favorite, Key
Stone and Comet, Montana, Orc Cache and
bearing leads. the remainder tree milling
carrying both gold and silver
THE NAGISNIs MINING co.
At the present time this is the only com
pany actively employed in mining and /
milling in the Judith mountains. Their /
properties. the Montana and Orc Cache. /
were purchased for SioOOo. by Hauser n !
Hotter, of Helena, in 1851. who formed a I
stock company under the above name and I
developed the Orc Cache which is now a I,
most promi.ing gold mine, that We are
reliably informed could not be bought |
short OF a million dollars.
The Development of this mine consists Of /
2, 900 feet oi tunnels. POO feet of shafts, /
besides several WINES and shutes. At the |
present time there is exposed !, 1000 tons OF |
high grade ore, the ore surface being 40 |
feet deep. four feet wide, and as tar rs fol-
lowed. twenty feet long, with every indi-
cation that it will hold ont to great length.
The main object OF the company now is to
get the mine in sach shape as 10 be able to
shute ores from the upper levels. where
rich deposits are known to
exist, running INTO tire thousands per ton,
direct to the ears in the lower tunnel. This
will be accomplished inside of "a month
when the main tunnel will tap the bottom
of the shaft from the upper workings
During the past year the company has
expended $4,000 In permanent improve
nents, consisting of water ditch over a
mile long, trusse! work aud ten drop
stamps. Their mill is the most improved
process for treating gold ores now in use,
and cost, with last years improvements.
in the neighborhool OF sS0,0po Ii is run
ming full capacity and crushing twenty-one
ions of ore every twenty-iour hours. The
Ore now being worried is from the main
body and gives the company a clear profit
over mining and milling expenses of $500
per week. There are sixty employees on
he pay roll.
1t is certainly a good omen when the
,nly sufficiently DEVELOPED property in the
district to en'itle Il TO the name OF mine is
paying Investment, with great promise OF
rowing genuine bonanza. \ goody
number of the other claims will turn ont
hem is at hand. Certainly the mining
interests ot the county are most promising. ,
True there has been failures here As nota-
lily the Collar company but where i, there
mining district that hasn't experienced
hem Butte, the greatest mining camp of .
America, has seen score of companies go
o the wall. 1t only demonstrates want oi
Judgment on the part OF capitalists. The
rst thing for capital To do is To open their l
property and ascertain il they have min c
raj deposit sufficiently large and ri ia to =
,arrant the erection OF reduction works
his the Collar company failed to do, wcat
y the boards, and greatly retarded mining
lvestments and development. But the
me is close at hand when the mineral Il
reduction OF the judith mountains will
a. A.