The new North-west., 1890-08-15
AMONG THE MINES,
The Prospects and Properties OF Deer Lodge
and Adjoining Counties

M. l-l1S itpAlpAS1.
There is 4 noticeable diminution in tile
number Of certificates of Lion stock adyer.
tsed this week as lelinuue Mt on the second
assessment, payment on the same having
been received after the paper had gone to
press last week. Some of the shareholders
we're under the impression, evidently, that it
was all right if paid before the date Of de-
hn1uent sale, but this is an error, as the law
requires a certain number of publications
and certain lapse Of time before that date =
and delinquents have to pay the costs. In
other cases it was overlooked or sent tro
late by mail. As several Orc Fino compa
MES have made their stock assessable, we
call the attention of share h holders to the
necessity of prompt payment before the
same becomes delinquent, and the law re-
qulres that sufficient number Of shares be
sold out of each certificate to pay the assess
ment and costs. 0f course, where the
assessment and advertising costs are paid
before the day Of sale, the stock is not sold
The Lion shaft was down 29l feet on SuG-
day last and it is over 800 feet to-day The
sump will still have to be sunk a few feet
and station put in, occupying perhaps a
week, when crosscutting will commence.
The vein was struck in the shaft this week,
but has not been crosscut. Water has been
coming in very strong recently from the
north, where the vein is located
Excellent progress has been made under
Foreman Samuel Taylor, who is very cii~
cient and jealous, as well as a capable miner,
aud he has good crew,
All the old debt of the Mountain Lion ca
which was assumed by the Lion Co. amount
ing to ST 200, has been paid. The Lion Co.
BY next Monday, will be entirely out of debt
with money in the treasury to do three
months work, even if no pay ore is mean
time taken out AL its machinery and
buildings are adequate and in good order
and the Trustees ''all pull together" While
the Seln VIII soon be crosscut and drifting
begun, 1t will be no disappointment or dis
couragement to those who have studied the
property ii tits some time before good bodies
Of high grade ore are reached. They are
confidently believed to be further under the
mountain, where the drift from the bottom
OF this 3o0foot Shaft viii. have a vertical
depth of 400 to 600 feet. ii they are found
before, so much the better. AT lates, they
shond be reached before the holidays.
THE pHH:SIx.
The Phoenix Mining company's property,
as predicted heretofore, is coming to the
trout as one of the best in Gro Elmo district.
On "Wednesday the miners uncovered as rich
body of ore in the east drift of the 200 foot
level as has ever been shown up in tho camp.
Specimens Of ore shown us are estimated az
carrying 1900 or 5000 ounces silver The
full extent of the strike is not known as vet.
Mr.. Hover will visit the property on Satur-
day and make a correct report Of the mine
and amount of ore in sight.
1t is safe to say, however, that at n depth
OF 200 feet there has been nothing to equal it
IN the district, it being generally conceded
that with the amount of work done (oo5 feet
Of shaft, 40 feet Of crosscuts and IS feet of
levels rum the Phoenix stands at least near
II not at the head of the list. The assays
taken at the surface and from the first 10 feet
never showed better than II ounces at 100
1eet, where the vein was crosscut, 269 ounces
was the best assay taken, and at 200 feet large
pieces of ore weighing 20 to 30 pounds will
assay in the thousands.
In this connection Mr.. Hover, the Man.
ager, wishes to add that this property is open
for inspection, and that capitalists are espe
Z"
company will dispose of majority of its
stock to the proper parties. The company's
ground consists of three claims aud frac-
tien.
A 100000 PROSPECT
Turney, Swain 8: Smiley, says the Helena
Journal, are the owners of very promising
free milling gold prospect near Medburst in
Deer Lodge county. They have sunk 3 shaft
IS feet on the vein, which at that depth
shows up 40 inches of solid ore. A heavy
flow of water, however, has compelled a
suspension of operations until pumping
facilities can be provided, else the property
would even now be a producer. Butte par.
ties are said to have made an offer to bond
the property at 100000.
MINING NOTES.
The following table, says tho Montana
Mining Revieto, shows the number of ounces
of silver produced each year for ten years
and Its coin value:
#zoEz- Fine Ounces Coin Value