Butte semi-weekly miner., 1888-01-18
THE CHAMPION GROUP.
A Promising Group of Mines in Deer
Lodge County-Purchase of Hoistins
Machinery and Sale of stock.

A Promlsing Group of Mines I'm Deer
Lodge County-Purchase of Hoistins
Machinery and Sale of stock.
New Northwest, January 13: "A poet
poned meeting OF the Champion, Lily, May
and Augusta mining claims, with larss
number of those interested in the incoT
poration, assembled at Firemon's Ha.
Tuesday evening with DR.. A. H. Mitchell il
the chair and Mr.. H. H. Zenor as S cretarg
to consolidate the several claims and in
corporate as a mining claims. AS resn,
the fonr claims owned as we stated las,
week, were put on an equal basis, unds
the title of the champion Consolida..
Mining Company" The stock is diviit
into 500, 600 shares OF par value OF s.
each-one-third to 60 to the stock owret.
one-third to be put on the market at oya
(one-third to go to the subscribers with a,
equal option), and one-third 10 b LeH y,
treasury stock. OF the subsc r ptifn stock
of which there were 133333 shares
with an equal option, 1l4o00
shares had been subscribed for before ths
organization took place. and the reinaiuir:
10, 900 shares we're taken, the moment tb:
opportunity was offered to those present.
Twenty per cent. of the subscriptions wel:
made payable January II and the ba ancs
on delivery OF stock. The trustees elected
we're: Z. P. Mills DR.. C. G. Glass, Dr. A.
Mitchell, VIM. Facer, c. d. JosIyn james
&. McMaster and W. N. Aylesw orth. Ii;
election OF officers by the trustees resnte.
President, A. H. Mitchell; Vice President
WILDER N. Aylesworth; Secretary, F. P
Mills; Treasurer. S. E. Larabie, and Jam.
B. McMaster General Manager. The incor
poration papers were prepared YESTERDAY
[Mr. Lara bic could NJ t act.-ED.
The Champion Consolidated is a group0
mines situated at GospelM ountain, abonts
half mile southeast of the Mountain Lior
The Cha mpion, Lily and Augusta are apnar
emily continuous locations on the 81 me leat
giving a linear stretch OF 4 500 feet Thereof
and the May laps on the Lily and August
and butts up on the ChamE,ion. 1t VII
therefore deemed best to include all in tl
one Incorporation. By the late owners ar
others We are informed the Lily has omit.
26-foot shaft, showing four feet OF free-m.
ing silver ore; the Champion has a 40 10
shaft and 70 feet Of cross-cut, Show
seven feet OF ore in the shaft that assa7
from few ounces up to 400 ozs. per to-
the May has a 42-foot shalt, showing
ore vein OF from 20 inches to feet fro
the grass roots to the bottom of the /.
foot shalt, with assays ranging irons
ozs. up to 5; 90 in gold and silver. II
Augusta has an 80 foot tunnel. and it,
stated shows body OF pay orefrom fourtc
seven feet wide. These have for some tim.
been considered very favorably among Ii.
prospects of Oro Emo District, but li,esy
tue mines there, we're not backed bv s1H,
cient capital to secure their development
1t is the intention OF the company now Il
proceed thereto as soon as possible NJ!
MSMaster and Mr.. Ed. Mills went up We;
terday to look into the situation, and a
as early day as possible a hoist an.
pump will be put on and work prosecute
Or. Mitchell was in Butte Thur-d4y pnr
chasing hosting and pumping lnachiner
[or the company, and it is proposed
commence developing on large scale Tn
same day "a, 600 shares of the trpasIr
stock we're sold to Frank Bowes atg
,ents a share.
MINING NOTES.
Nj. Rodda, WHO has lease OF the Al
luisition mine, is drifting on the 200foc
evel, and will sink w1nze. The ore uaa
o vi cHdV IllluS F1pl1ttt SyU De-
'on in gold, but ran down to 81 Der tn
With depth. 1t yields "a ounce, Of slyr
At the Glengary mine, which was recent,
purchased by st. Louis parties. the ns4
lolst'ng works are about completed, an
ne mine will soon become a pronliner
PRODUCER under the able managenent
}eorge Blake.
A number OF would be leasers spaakrg
trongly against mine owners who y
either work nor lease their properte
mere are man competent parti 5 iooslz
Or mines to lease, but can't get tLe-
nough they would pay 25 per cent Of t:
rodIct to the owners.
"A recent run OF ore from the yl.-.
me, Clear Creek County, Coont:
lelded 75A ounces OF gold, and N
unces OF silver to the ton. This isr
arded phenomenal mill run.
IL ls stated that the Prescott. Ariz01
oard OF Trade recently had II ton :
oart. brought in from gold lead twer
lIes from that town, and had it milk
reducing $11O, 900 in gold.