The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-02-18

hV HbD0 - 49, ps& W. wv ~A~
liable property resume its place among the
prominent mines OF the state. and there 10
no question but that with development it
will soon be among the foremost.
PhilIps,nrg District.
A report comes from Philipsburg that a
mining man connected with the East Gran
ite company has offered to take a thirty
day option on 10000 shares Of stock. He
will pay twelve cents per share IN. cash and
S1.l2 in thirty days. This news has created
quite a furry and it il said only 1000 shares
were secured by the enthusiast. 1t is ru-
mored that some rich ore has been found
in the shaft. East Granite stock ia quoted
at ii cents in Helena.
The :Bi-MstaIlic Extension shaft has
reached a depth Of about 40 feet. and the
bottom of the shaft still shows several
small veins Of ore, although IL is several
feet from the main vein. A contract will
be lot to sink 200 feet deeper, n whom
the intention Of the company to crosscnt to
the vein. The stock il being firmly held
at 81.
Joseph Mackey, a prominent and SUCCESS
full mining man Of Philipsbure, has been in
st. Louis for the past thirty days. and is
purpose of working the Young America, a
valuabie, and situated in the Granite for
nation about half way between this city
and Granite. The Morning Star, which adj
joins the Young America on the west, is be-
ing prospected with a vim and shows some
very 6ne quartz.
Fergus County.
John Vert has struck q very rich body Of
ore in the Flying A. II. lode in the North
Moccasin mountains.
Mr.. Suitor has struck a large vein Of coal
Mt the mouth OF the canon, within one and
"a half miles Of the Spotted Horse mill.
Mr.. Ssgcr, the foreman Of the Spotted
Horse. has received instruotiops from Mr..
Meadow to rebuild the hosting works and
increase the capacity Of tho boiler room
considerably.
Major Cunningham and Capt. Davis have
located q claim Of Crystal mountain. and
an assay from a sample Of rock from the
same e eighty-two ounces in silver,
which Is very fatterinR. They have three
Neihart District.
Two shifts were put on the C%ornucopia to
hoist the water out of the shaft. Tim
Collins and Paris Gibson will be up Sunday
to examine the property.
The deal between the Granite Mountain
company and the Cornucopia has fallen
through, 50 also has the deal between that
company and the Queen Of the Hills.
The Hswkeye il showing up we'll for the
amount of. development done. The tun-
mel il now in 100 feet and the face shows a
streak of galena ore that besides running
we'll in silver. carries rs per cent. lead.
The Climax tunnel is nov in sixty-fve feet,
the last fourteen of which a n streak of
ore four feet in width is revealed. Mr..
Mueller, the owner, WAS heard to say that
No officer of the Commonwealth Mining
Il Milling company is allowed to run the
COMPANY in debt, N every dollar paid
into the treasury is to lie expended in
the development of the mines, and no Off
Ger is to receive any salary for services ron
dered.
The Eureka. one of the /. X. l.. Mining
%company's claims, is being worked by q
force Of men sinking and preparing for the
whim which il expected in a few days. In
the bottom of the shaft, which is now dow
ninety feet, . fourteen-inch streak Of good
ore is disclosed.
A new strike of immense richness is re.
ported in the north level of the Moulton
and is said to be two feet in width. It il
the intention Of the management to sink
the shaft 100 feet deeper and run levels
Two carloads of ore are being shipped pei
week. ~Thirty-three men are now employed
on the mine.
The Mountain Chief was about the first
mine worked to any extent in the camp nG
IN 1884 this property WAS sold for 81. 800
to-day 1t is valued at $3,00O,O00. TIT
Moulton was offered for sale two years 8gt
for 10000; it IL now valued at $4,OOO,O0 0
The Queen Of the Hills was for sale tire.
years ago. three claims, for $3.50 0 5000
200 ID its estimated value now.
Wolf Creek District.
The X. and W.. ABIDING the Dry Vol
company's claims, has recently como into
eight inches of ore.
y. II. sutton is working his claim adjoin
ing the Dry Wolf on the east. He has four
teen inches OF good looking c%arbonates.
Lackey d Ellis " the claim below til,
Pierce IL Highly and are putting in vigorous
licks in sinking. They have about one foo
of ore.
The Blue lead further up the gulch is DC.
ing worked and the owners think they are
close to the vein from which the 81 ,0U
float was foundl last year.
The Dry Wolf Mining company hat
struck two feet and a half of galens and
carbonates in the Pierce d Highly lode
specimens of which assay as high as 80 pei
cent. lead.
On Running Wolf the Morrison a. Wood
hurst strike Of " a half feet OF car
Donate ore still holds out, and givss promis,
of widening with development Severa
leads in this locality are being worked, ant
general feeling of encouragement seems t,
pervade the camp. Nearly nil the pros
poets are in ore, and next summer some ex-
tensive development will no doubt b.
prosecuted. -Neihart Herald.
Castle Mountain District.
The II. J. Griffin mine is reported to have
struck it rich.
There arc eighteen men mt work repairing
the smelter at Clenienin.
II is claimed that dirt will be flying OF
both the Neihart and Castle railroads. be-
fore April !.
II is expected hat n sale o: Manitobi
treasury stock will BIO contaminated and