The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1892-12-03
AMONG THE MINES.
PROPERTIES OF DEER LODGE AND
SURROUNDING COUNTIES.
Org niZation of the Fairstako Cod Min
ins and Milling Co mp ny, in the Red
l.inn d ,rict-The Purit..r--Placer Min
i'm; in the Vicinity o. ! mouth.
The Fairst Ike.

The Fairst Ike.
Some minor mention has lately been
made in the papers throughout this
county referring to the latest mining en-
terprise in the Red Lion district, which
section, by the way, is included in the
Flint Creek district, but has assumed the
name Of Red Lion--that having been the
principal mine thereabout3 until the
present time
The Fairstake Gold Mining and Mill
ing company was organized within the
past two weeks to operate on q group Of
claims lying within a half mile Of the
Red Lion, and rom what c,sn be learned
Of their prospect the outlook for it soon
to become a dividend payer is substan-
tAted by all who have viewed the prop
erty which with but little development
already shows up enough ore to assure
its success. A shat has been sunk 1O1
| feet on an incline following the lead,
which assayed rom 50 to S15 rom the
| surface down, gaining il richness as
| depth was att..ined.
Soon a'ter the above company was Or
ganized, Sam Snyder, Of Granite, was
put in charge as superintendent, and
three shifts have been kept steadily ct
work since. They are now driving q
tunnel on the lead and gaining over 300
| feet in depth to each 100 feet Of tunnel.
/ The Formation III this section is lime, but
4 THE Fairstake vein is true tissure and
| HAS been traced On the surface for more
| than 5000 feet. and is about four feet in
width, containing free milling gold
| throughout.
Tie ground wAs located ID January
last, and from tue very st 1T the locltors
felt confident of success in their find.
there can be no guess work about the
gold deposits around Red Lion, and the
most lahulons report would not surprise
those who are familiar with the country
out there.
AS early as 1866 some Of Philipsburgs s
4 old settlers engaged in extracting gold
from the Fairstake lead with an arastra
with which, although a crude process
they were successful Tor a long time, ans
many thous nds of dollars were s.ved
The operations Of the Red Lion company
have also been a success, although they
have never saved more than two-third!
Of the gold in their ore, and severa
parties have made good wages by pau
ming the tAilings in the creek bottom
below.
1t appears, however, that the discover
ie heretofore made have been mere
stringcrs from the main lead, and it i
the prelomnating ide.t that the Fair
stake company have the mother of then
all Taking all things into consideration
and the stability of the Fairstake com
pany, their succc IS is almost as 3ured
Hon. j. r. Brazelton, our county clerl
and recorder, and A. J. Eettles, the eff
: cent foreman a. the Rumsey mill, ar
principals in the Fairstake. Neither o
these gentlemen need introduction to tn.
people Of this county. Mr. Rrazelton
as all know, is capable to receive til
endorsement of the people to succeed
himself in trusiy office MS long as he see
fit to serve, and any enterprise which Il,
may introduce is readily conIided in.
Aside from the rich prospects alread
mentioned, the Atlantic Cable and South
ern Cross mines are in close proXimit
to the Fairstale; both Of Which are +,
corded us big producers Of the yello,
metal, and the Cable is known as til
greatest gold spccim"n mine i'll til
world. The capit .liz,ition Of the Fail
, stake is ;}50,0OO shares 1T 4 par value o
50 each. 4 certain amount Of this STOCK
| we are told, will be sold al 2o cents
| share, and the money thus obtained vii
: be used in the development Of the mine
) Phlipsburg Mail.