The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-10-09
MINES NEAR MARYSv|LLE
Half Yearly Report on the Work and
Prospects Of the Drum
Lummon.
News From Other Properties
Showing Them to Be In
Good Condition.
New Compnnie i'm Deer Lodge-Min for
the Ontario-Work In the
Neihart Country.

MAKYsv1LLE, Mont, Oct. S.-lSpecial. =
Copies OF the half yearly report OF the di'
rectors OF the Montana company, limited,
have come to hand. The report Ia dated
Sept. 10, and the following 10 q synopsis oil
the facts presented. Up to the s0th OF
June there had been crushed $50. 1888 tons OF
ore yielding 49, 95. 1856. of which
81, COS, 900 has been paid in dividends.
A sum of $72S.6 97. 95 has been spent on ex-
ploratory work. During the fret half year
OF 1892, the yield was less than Sc per ton
of ore treated; ~. $50 tons of ore we're
crushed and 1926 tons of tailings reiterated.
the total realized production being S253,-
O5s, Work 10 to be resumed on the Blue
bird and Hickey mines, about two miles
from Marvsville, on q email scale, and II
results are profitable the force ID to be in
creased.
The directors conclude: 1.-THE difficulty
of carrying on the working of the mine
proftably is great, owing to the low grade
of the ore available for the mills and the
CONSEQUENT want of funds for carrying on
the prospecting work On a scale common
surate with the extent of the undertaking.
Everything possible is being done with a
Wow u bElukih tho Aulh0 IA - w.
porous condition"
Mr.. Robinson's report. which IL attached,
shows the cost of mining and milling to
have been but IS. is per ton, which includes 81
cents per ton on account of prospectingwork.
Favorable ground is now we'll within reach,
and a sufficient quantity of tailings is
available to keep the mills employed for
four years to come,
More cheerful in tone is the monthly cir
ular of the trustees of the A. d. IL Nj. Go.
to the stockholders, under date of Oct. l,
principally to work on their Golden Sun
light mines. The new Golden shaft is
down thirty-fve feet. A whim is to be pur-
chased and two shifts of men employed.
The Roadside tunnel cut the vein at a
depth of eighty feet, disclosing a fine body
of ore. Two new tunnels have been started
on the Sunlight claim, and are being
driven with three shifts of men. At a dis
lance of 100 feet, one of these tunnels will
undercut q point on the surface where the
vein is shown to be twenty feet in width,
all milling ore. Several new buildings are
being erected, and the circular closes with
the following cheerful sentences: The
trustees feel that the outlay on the Golden
and Sunlight g cups has been richly re-
warded and that continued work will de-
velop q veritable bonanza. The financial
condition of the company is also emit ely
satisfactory"
Messrs. 1rudell and Kelley finished their
treatment of the Gloster tailings and the
cleanup of the mill, on the 3rd inst, and
that property is again in charge of the
watchmsn.
The Blk Ok is a property about three
miles from Marysville. about which little
has been heard of late. The mine is gen.
etally believed to be one of considerable
value; but in consequence of prospecting
work not having been kept properly ahead,
the company got into deep water. and the
property was attached. For several months
past q small gang Of men have been kent at
development work, which was indeed the
only course to pursue. and as soon as
certain fnancial matters can be arranged
the mill will probably start up,
The last two olean-ups at the reiuvenated
Belmont mine are reported to have been
very satisfactory, and the company TO be
making money. Ten stamps are at work
with plates and vanners, and ten with pans
and settlers. The old tramway from the
nine to the mill is being repaired.
The new mill at the Penobscot has not
yet been commenced; out a saw mill is at
work near its site, saving timbers for use
in its construction.