The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1888-12-13
AMONG THE IEDGES.
ANOTHER QUIET WEEK FOR OUR
MINING COLUMN.
Dips. Spurs and Apgses- Stock Quota
tf0ns-M Metal Mark t-Grauite Noun.
tain-Bi-Metallic - West Granite
Sydney HAtta.

tain-Bi-Metailic - West Granite
Sydney Hatta.
DIPS, SPURS AND ANGLES.
It is reported tllata stock company
will be formed on tha Red; Lion property
in Georgetown district: and that develop.
ment work will proceed during the winter:
j. 9orenson, who has had contract on
the extension of the Pearl tunnel. hal
| finished his contract, and has leased the
East Comanche claim near the Hope com
ganyG ground and will begin work in q
few days:
VIM. H. Brent, OF Pioneer, who has
| been IN town with us for several days
says that he will commence operations on
some OF his q"artz properties 10 the
| vicinity Of Gold Crock naxt spring, and
| that he will in future cuniine himself to
the life of miner.
Plans are being drawn for the erection
OF ton mill at Silver Lake. It has
not yet been fully determined whether a
5O-ton steam stamp will be put in or a
! regular Ntstamp quartz mill, There is
but little question but what they hare a
mine there, as the ledge has been opened
up for over $50 feet.
Messrs Copp & a1ker have leased q
portion of the Pocahontas property from
the original lessees. Messrs Diamond &
! Fletcher. and will at once proceed to de-
| velOp. and expect to take out ore in 4
short time. They will work in another
portion OF the claim other than that on
| which the original workers are taking
out ore.
Eli D. Holland, superintendent of the
Hatta, in Dunkleberg dist rict, which has
been attracting so much attention lately,
and is what might be termed local en-
terprise being developed by home capi-
tal-spent few days in town the past
week. MIR. Holland is quite sangnine of
| the future prospects Of this property and
the Dnnklebers district, and hopes to
show up good mine at 10 very distant
date.
The opinion is generally prevalent. says
the ST. Louis Republic, that Frisco is on
the eve of "boom" or will he numbered
with the esties that have passed out
OF existence. Stockholders are anx1ously
awaiting Developments at the property.
upon which depends its future. They
are now down to The 5;N-foot level and
drifting TO catch the vein, which experts
End others acquainted wi:h be- mine sa!
will be met with at this d, pth. It is
generally understood that il they fail
work will be abandoned, but II they
strike It, lockout for a BOOM"
n. 3. Ringcling, q iormer resident OF
St. ouis, but for & number OF years
located ut PEllipsburg, Mont, where h.
is interested in several valuable mining
cluims in that locality. is in St. Louis for
the purpose OF placing 5O,.NW shares O.
the treasury stock OF the Yonng America
claims at sic share. This property is
highly spoken of by Capt. P|ummer anc
is. we'll known to the Granite .o;.ntain
officers, WHO regard it rs a very good
high-gtatte prospect, It, is the fourth
clnim north of the BIZ Metallic at Granite
and shows good body of dry crushing
ere similar to that in tho Granite Monr-
;in and BIZ Metallic. The mine is stocked
for ,5,N,OW shares and the development;
work consists of shaft now down G.:
feet, from which has been taken out some
10 OF II tons that run from 70 to 81:
ounces. There are two veins in this
property four feet apart, both Of which
are said to show high grade ors that will
run $500 to S 90 to the ton. Republic.
The superintendent OF the HOPE mining
company writes as follows, says the s. (.
Louis Republic. regarding the recen'
strike in the incline of The Porter lode
which has created no little excitement
among the stockholders OF this company:
He says that quartz has como in the
bottom OF the drift, and th.> ore body is
easing gently to the south. so that in q
short time the drift will be entirely in
ore. The ore in tins ''honanZ is very
fine, rich and free milling. and an average
sample taker assayed 79 ounces. Another
large average sample taken assayed 20
ounces. Continuing, he says: I'VE have
caught the ore channel beyond the big
fault west for tho first time The ore
body will undoubtedly he strong and
continuous, and with the grade Of ore 10
sight tho future is very bright, and I
think we have bigger thing than the
Perkins Bonanza The distance rim to
the ore body where We cut it is GO feet;
the distance 70 the diamond drill holes is
50 feet; SO we are sure we nave 20 feet
anyway, and it is fair to believe it ex-
tends much greater distances south, as
the ore cut by the diamond drill was II
and Il feet thick, and where Wa are nov
shows 3 feet OF ore, and bottom not yet
reached: Will push Developments as fast
as possible. '..-- 80. :.
STOCK QUOTATIONS. =
Closing quotationa;: Wednesday, De-
cen,ber II. furnished by john w. Daw-
SON. broker:
STOCK. BID. AsKE:,
fS. &3n FEaasisco f!,c Con : 5 g g.. $ ts'l ss1
Hope 475 SO
Mountain Lion. ..........-.. 50 40
Cottonwood. d............... ...... 20 g
Pearl .......:.. - 81
HattA. ..-.. ~
Combination. ........ ............ -SH] 45
tllnt creek ..... ...-.. ~ -
Buckeye .......... .......... 20
Dora IhOrne. ...... ..... -