The Helena independent., 1889-01-12
THE MACKS' MINES.
Mcouaid, Mcdonald, Maginnis, Ward,
ner and Others Effect an I'M
portant Deal in Idaho.
A RICH GROUP BONDED.
Montana Men OutwIt the Spokane
Falls Outfit. Securing the Chlo-
ride Group in the kootenai
District.

Angus A. Mcdonald and Hugh McQuaid
reAched Helena at late hour last nj ht,
having Just returned from Spokane Falls.
They left that city In a state Of excitement,
II having leaked out that these two Mon
tana men had completed a deal whereby
they had acquired the richest piece Of min
ing property In the Kootenai region.
spokane Is mad," remarked Hugh Me.
QUAD, "and they have reason 10 be.
They are mad because they couldn't get
the property tor themselves" The mining
property referred To is what Is known as the
Chloride group, located on the east
shore Of Lake Pen d'OTeille, and Includes
eight claims called the Tiger, Black sack.
Silver Gin, East Chloride, West Chloride,
Iron DOllaI, Eagle Town, Lucky Strike and
Silver Cord. This group Ot claims,
including two water rights and
two millsites, have been secured
by A. A. Mcdonald, Hugh Nc
Quald, Martin MaRinDls, j. 7. Wardner
aud NJ. ChadD0uTn, for S250,OOO Ten
thousand dollars Of this amount has been
paid down, the balance Will be- paid with
In nine months, a bond having been given
assuring this result.
lhis group Ia located In an entirely new
| district, II Il not over two months old. The
l0th ui December Messrs. CbadbOuTn and
Mcdonald together with AN expert visited
the locality and saw AT once that II was a
bonanza. They so arranged matters with
| the owners before they come away that the
property was tied up for them. News Of
The richness of the locality spread rapidly,
! and what a month since was an uninhaDit-
able place, has been the scene Of a STAN
pede. Three tOwnsites have been laid out
and fully one hundred locations made.
Vainly did Spokane capitalists endeayOr 10
wrest the Chloride group from the Mon
tana men-oifering half AS much again for
| the properties AS was originally bargained
for. II required three days 10 effect the
transaction; Spokane men attempted To
throw obstacles In the path OF the Mon
| tana men, but the latter came out ahead.
At go'clOck last Thursday night the cash
ier Of the First National Bank of Spokane
Falls opened the bank and handed the
owners Oi the group, Messrs. Weber, Stein
metz, Bell D0nnelly and Chamberlain, GER
tihed checks for $1,000. The Helena gen
tlemen at once started for home, having
previously arranged TO keep force of men
at work on the mines.
Hugh McQuaid was very enthusiastic
when approached by All INDEPENDENT
reporter ut the Cosmopolitan last night.
1--WE have the richest mine In the great
golden west; never saw anything 10 equal
| It,"
A. A. Mcdonald. a very conservative
gentleman on mining matters, substan-
tiated the assertions Oi his friend McQuaid.
| lie SAID II was undoubtedly a bonanza. lie
| considers II the mother vein OF the entire
region. The Chloride group IL located on
a heavily umbered ridge The quartz
crops out, he said, Tor 900 feet by actual
measurement The only development
l -
small tunnels which penetrate the ore
body in each place. These cuts were only
driven for prospecting purposes and extend
along the vein one hundred feet One Of
| the cuts ls In thirty feet In
which the ore Is opened up twenty-tiv
feet high, exposing thirty-foot breast
They have taken numerous assays, all oi
which range from seventeen ounces and In
the hundreds an high Ms 800 ounces ~ the
ton. The mineral is silver bearing and
also carries antlm0ny, the formation Of the
rock being quarlzite and slate. Mr.. Nc
| Donald estimates that with the present de
yelOpment there is 100000 tons OF ore IN
sight, the general average Of which Is forty
three ounces. Hugh McQuaid says theIt
Is half million dOllars In sight
II is "A hne free milling ore. The country
is well adapted for the treatment of or,
cheaply. Water Is In abundance and with
sufficient power tO run an immense quartz
mill, while the supply OF timber is unlim
tied. Relative 10 the future plans OF th'
company Mr.. Mcdonald said work wOult
be vigorously prosecuted. lie intends run
ming tunnel 100 feet ~ cut the lead ans
will sink shalt from the top 100 feet an,
cr0sscut 20 The walls. The mine will b.
operated under the management Of clos
corporation, which will include thu
gentlemen named rs purch -
ers. They shall pay for Thu
property out OF their owl
pockets and in the spring will put NJ
a quartz mill The work Will be- cODducte,
under the management OF Mr. Mcdonald
The boom In the district has proven grea
boon 10 Spokane, whose business men re-
j0lce over the fact that the new district will
be- made lively In the near future, fo
which much benefit will accrue 10 the Fall
city,