The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-05-26
4 HEAVY MINING DEAL.
New Workers Pay 100000 for a
Promising Jefferson County
Property.
The Belt Mountain Country 1s
Going to Have a Prosperous
Season.
s.,d Crack Properties bonded to III
Metallic Pcople-Purchase by the
DeIumlar Com pnny.

One of the biggest mining deals made IN
Jefferson county for some time mas 1uss
bsen contaminated by the sale OF the Dia-
moud Hill mine, near ST. Louis, to Now
York people for 800, 900. The mine was
owned by James s. Smith and George "es-
ton. and tho sale was negotiated by 4. ~.
Coeney. OF this city, who had a bona on tho
mine.
Another big deal In the same county 10
.,so nnder way. Tho Age says that J. W.
Ellis. OF Anaconda. has bonded she AlinH''
Moore mine, In BeefstraiGnt aistllo., W ~
John McKindley, Of Duluth, n 81. tho'
CAPITALISTS, on ninety days time FOR Soo'-
m0 The mine is a very valuable properly.
tbs ,edo % being three feet eight inches OF
.tsel oa,cuu. assaying as high as lSo ounces
IN .;ivar and IS in gold. Mr.. Mchindley
intends TO put in a hoist and put men 10
york extracting ore Immediately.
Tho building for the new North Home
.t.mp mill. near Radersburg, is about COM
nleted. and the machinery will begin going
IN next week.
Several liens have been filed this week
With the county clerk and recorder on the
propertv of tho Red Mountain Milling COM
nanv. the property being largely in the
Frohner district.
Messrs. Cutrln and Morse are developing
The Butte mine. near Radetsburg, and nope
to show a good rroperty. The vein .s wen
defned. about fifteen inches wide, is iron
ore and carving about $40 in gold to the
Aon. One car load of ore has just been
sh,nped to East Helena for treatment. n
too onr loads more are on the dump ready
for shipment.
The Jubilee Placer company. OF Raiders
burg. 10 doing considerable work n Is
making arrangements for still more extern
sive operations. Tit company has recently
bought additional ground from Q. E.. Wor-
den and Frank Wells for $1,000. and has
.l.o taken a bond on considerable ground
heIonoino TO \. W. S~ederburg. paying
Al. Goo Dash and agreeing to pay So,ooo more
6y the first of November.
James L.. Moore has secured an interest,"
in the Vsner placer mines on Indian creek
and IL now engaged In LAYING humss n
cleaning ont tail, s aces a and d sar tSs mast a1 two
vesrs and as they are now pretty well
onsned an. the prospect of their turning
ont exceedingly we'll, the present season. Is
good. MT. c..o,
Mining company were nIeo IN VIC oAis1 r.,
the ole k and recorder at BOULDER last Fri
day. The company will do business ane
have one Of its offices at the mines near 81
Louis, jefferson county, where it owns tn!
Linear, TsA,sttr.. Xanthons and Ashsat
quartz lode mining claims. The capita
stock 10 500, 600 at . pas value OF IL
share and incor porated for q tenn Of twent.!
years. John W. Go'ham and hf ns1 a a
Wobu,n Mass., are the incorporators an
trustees for III. ds.t three months N n.r. IN q
Wohurn. Mass. The frst annual meetin
Of stockholders viii! be held tho first Nor
day In August, 1888.
The Paupsl's Dream, a mile west of tn
lake south Of Boulder. has a six-inch vel!
Of ruby silver and gray opp At a dept
Of thir.y-fv feet. II is owned by Rober
Sticht and James L.. Bnskett, OF tn
Boulder smelter. who will sink a hundre
feet next fall and otherwise develop tn
property.
On the advent Of good weather the out
put from Highors spur will be Increase
to three cars OF concentrates daily. over tn
Northern Pacific.