The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-12-22
FROM OVER THE RANGE.
The Mines About Butte are Doing Re
markabiy Well.

The Mines About Butte are Doin: Re
markabiy Well.
BUTTE, Dec. co. Special. The great
find of the past week i'll this camp was that
made in the Volunteer last Thursday. The
men had been drifting south on the GOO and
suddenly opened up body of fine ore fully
four feet between the walls. Tho first as
say of this rock returned 165 ounces of sill
yer and one of gold. This find is of espe-
cial value from the fact that it is the first
that has been made in that portion of the
camp since the one in the Hope some time
before. 1t has already caused rise in val
ues for all that portion of the hill and Vol
unteer stock is on its way toward the clouds.
No less than 5000 shares changed hands
to-day, being all bought in by one of the
heaviest holders. A number of Butte min
ing men are also rejoicing now over a rich
find recently made in the Nonpareil mine
owned by the Deer Lodge Mining and Re
duction company and situated in the Boul-
der country. The gentlemen at the head of
this concern have never lost faith in it for
an instant and have persevered in its de-
velopment despite the doleful predictions
of their friends. A few days since their
men struck body of ore which promises to
more than pay them for all they have ex-
pended in its search. The pay rock was
found in sinking winZe from the 175 to tho
$50. The vein is fully seven feet in thick
ness and carries 40 per cent. of lead and 40
ounces Of silver to the ton. So far as can
be determined at the present time the
quantity of this sort of rock is practically
inexhaustible and the future of the mine
Is assured. The owners are naturally jubi-
liant over their discovery. and find no little
pleasure in reminding their friends of their
doleful predictions.
OF the many outside mines owned by
Butte capitalists none has made a better
showing during the past year than has the
The annual meeting of its stockholders
was held in this city during the past weel
and the reports of its officers showed for
the FIRST time how thoroughly prosperous it
perintendent Clark the concentrator has
been increased during the year from 140 to
200 tons. The shaft has been sunk an add
tional lab feet. making atotal of 400 feet, in
tersectlng the vein at the bottom. One of tn
most encouraging features after develop
ment was the fact that the rock at tho bot
tom carries 40 per cent. more silver thai
that above. This means an addition of 81
to every ton shipped without adding TO tn
cost, or an addition of $125. coo to the year
~ profits. The amount of ore in sigh
above the 400 is estimated at GO,O0O tons
or ten months run. During the year Al .O3
tons were milled from which 10. $50 tons Q
concentrates were shipped, assaying twenty
eight ounces in silver and sc per cent leaC
The gross value of this product was S7Sl
600 and its net value $449, 1864. Thi
most excellent showing closes with I'll
statement that contracts for the treatin
and shipment Of the ore during the ne.
scar have been made at figures which wi
save the company 80 on each ton. I'll
ouners OF this property certainly have re-
eoos Tor self.coneFatulation, and preset
Indications all point to even better thin,
= ~ future Eupt. Clark viii continue