The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-02-13
IN THE MINING WORLD,
Matters Mineral Assuming q Livs!ier
Aspect Owing to tho Mild
Weather.
Strike In tho Chloride
Camp-News From Missoula
County.
Notes From Castle. Barker and EIsewhere
dividends In Janusry--Ths
Worlds Mining News.

Mining matters are looking up consider
ably. Th mild winter has not interfered
with prospecting and the miners arc still
out in the hills developing their claims.
Tho mining stock market il also showing q
~livelier tendency and W. q. Gooding, She
Offering u. X. 81 N. At 10 cents u share,
which Ia very low. Last summer the stock
went as high 81 thirty-fve cents. The
shaft Of the q. Il. a. N. has been leased by
Mr.. Hargreaves, one OF the original owners.
Work will continue, however, in the old
workings. 1t ID reported that the working
force has been Increased and that five tons
Of ore are being hoisted daily. The mine
is said to be looking better than ever and
its producing capacity Is only limited by
the crude appliances in use, which consist
OF a whim that consumes fifteen minutes In
raising q bucket from tho 800. The MINER
are low stopping on a two-foot breast Of
grey copper ore between the $50 and 800
levels. The company will share in the
profits of the lessee and the expense Of
working the property to them will be moth
ing.
Rich finds of ore are reported from Camns
Prairie. Will Geometry, who has Just re-
turned from there, says twenty-five pros
pectors are in that neighborhocd and have
made fifteen locations. Tbs first discovery
Of ore was made about twenty miles from
Bonner. -Four men are working ON ono
claim which shows ore that has assayed
from 100 to G2 ounces in silver and $8 in
gold, with 10 per cent. lead. II is predicted
that this new section will prove very valua-
BILE for mineral.
Reports come that the original owners,
working on the famous Chloride properties,
near Pend d'Orellle, have at last made a big
strike. 1t will be remembered that nearly
two years ago the Chloride camp was the
scene OF an excitement only equaled Of late
by the Occur d'Alene stampede. At one
time 10000 people were reported to have
rushed to the new Eldorado and new towns
sprung up like mushrooms. Helena men
started the excitement and dropped $4,000
in there and left disgusted. While n great
mineral mountain was found, no trace of
tho vein proper could be found, and what
ore was taken out was very difficult of treat
ment. There are a number of Helena
men who would be tempted to kick you il
you mentioned Chloride to the M. Some of
them just begged to be allowed to purchase
an interest in the properties. The Chloride
quarter, eighth, sixteenth and sixty-fourths.
But if the report that the pay streak has
been found is true it would not take much
to revive the great boom and the other
small towns of history.
Charles Moulson returned from Neihart
yesterday. He brought in one Of the pref
tiest ore specimens ever shown from that
country. 1t ia composed mostly OF heavy
spar and is like crystalized honey comb.
He says everything IL lively around Barker
and Neihart and considerable ore is being
shipped. M. T.: Downs is having the old
C~lendennin smelter repaired and will soon
have IL running III full blast. Y
business men of White Sulphur Springs
are contemplating a move to revive the old
mining camp Of Murray and to undertake
the development of the principal group Of
mines there. A tract Of land for a townsite
has been secured by the men interested in
the project. Murray il one of the oldest
the leads show from three to six feet of
Joel Smith, of this city, gays he has sold
out his interest in the Ruby mine at Toston,
and Josephine, in the Cataract district, and
has been paid the money. While the
itely known, it is said to be $4,000, and
Judging from the jubilant disposition of
Mr.. Smith during the past week. he has
evidently struck it rich. The strange part
of it is that Mr.. Smith is reported to have
never invested a dollar in either claim. He
camc here without any knowledge of mines
or minerals about two years ago. But he ia
Il rustler from Way Back, and successfully
managed the properties and has made a de-
served success. He is one of those who be-
lieves that mining pays.
MIR. Clark, of Toston, says that the own
ers of the Ruby mine are O shipping their
ore to Tacoma, where they get $12 psr ton
for it. freight paid. Taking into consider
alton the fact that the Toston smelter is
within n few miles of the Ruby, this seems
strange at first; but the Ruby ore is just tho
kind tho Tacoma smelter needs to mix with
its Mexico ores.
The Exemption company is the name Of
latest mining enterprise for tho develop
ment of whose property stock is offered for
sale by w. q. GOoding. It is q Butte en-
terprise. The mine is situated in Horse
canyon and is supposed to be on the eastern
slope of the great copper belt. Its showing
at this time is reported as follows by tho
president OF the company in a letter to MIR.
Gooding.
Fourteen inches on foot wall assayed 81
per cent. copper and seventeen ounces sill
yer; two and a half feet on hanging wall
assays Ii per cent. copper and twelve and n
half ounces in silver. The tunnel ia in 300
feet and We are sinking on the lead at $50
feet from the face of the tunnels; we are
tunnel; the tunnel laps the lead at a depth
Of 12b fest from the surface. We are run
ming three shifts, three men on a shift.
The lead is thirty-five feet between walls
and is all copper stained with feeders of
quartz from one inch in size to three and n
half feet, and l have had good competent
mining men to examine il and they all
speak highly of the present showing. This
stock that l have offered TO you will only
stand good until the 2Ist of the month";
The Florence Mining eomp5ny. of Nei.
hart, commenced to ship ore this week.
They have their orc house full and their
dump ia not in shape to hold any more,
hence the necessity of shipping. Tho
wagon transportation to the railroad is
Great Falls smelter, and the smeltor
charges are in tho n%eighborhood of S21 per
ton. This will insure the working of The
ore at something less than $50. and az tine
ore IS of n high grade it will leave n hand
some margin.