The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-01-10
Big Deal in Gold Properties Within
Few Miles Of the
City.
Half Il Million Dollar Option Sc
cured on Big Indian Gold
Properties.
Tho Vein IL 200 reet In width and the
Mine IL Worked Like oaarry-An
Conn CTS Settled by tho Deaf

There have been accom- plishsd during the
past week certain transactions that nrs
likely 10 result IN one Of tho largeat mining
deals ever effected within tho state. Hon.
L. O. Fyhrie, Of Dillon. has al last pro-
cured an option on all Of the properties
known as ths Winscott placer claim, the
Cutler placer claim. the Chief quartz lode
claim aud the Granite quartz lode claim.
Hesthwood and other claims stamp mill
and all watsr rights and privileges owned
and controlled by Mr.. winsoott at the head
Of BIG Indian creek. about siE miles south
Of Abe city Of Helena. lie has also secured
an option on the mining claims known 40
the Divide lode. the Gold Mountain lode
aud the High SKY lode. owned and con-
trolled by John = n. Nsill, J. o. Brisooe
aud Hon. T.. d. Edgerton. which 10 Ger
tain extent conflict with the claims owned
By Mr. Winscott, thus sseurinR all interest
aud thereby avoiding the possibility Of a
conflict OF title should q sale bs effected.
II has taken a great while 20 effect this
result and bhBg into the hands OF
one person all those conflicting in
terssts and titles or claims.
The same thing has on several p'evious 90
casions been attempted by others but SiA-
out success. Mr.. Fyhris NAV justly feel
satisfied with his work. He has unioubt-
edly secured an option on one Of the larRest
cold properties In the Rock mountains
The body OF gold bearing ore 10 known TO
bs AZ least 300 feet across and the walls on
either side have not been discovered o.
reached in the cross-cuts. 1he ore body
il. IN fact a great mountain that can be
worked more In the nature OF . stone quarry
than as a quartz ledge. as the whole matter
from the q ass roots down Is good peying
free milling gold ore that can be mined and
milled with l0O-stamp mill 40 coat nos
eHoeeding 70 cents per ton and the Whole
bodv can be worked without throwing Gus
ANYTHING for waste. and will average 50 20
s6 per ton by such working The uss OF
nowder il not required in the mining. 40
the ground 10 soft and decompossd. Ihe
property has been developed By shafts ana
tunnels and has been worked more as =
auarrv than Otherwise, and 10 being worked
bx one OF the owners, hr. Wtnacon,
With a ten stamp mill. For nearly ahrss
veara past Mr. Winsoott has cleared or
nsttsd over the cost OF working from 8<VOO
10 5000 per month. and this with ten
stamp mill with stamps weighing only GO
pounda IL these stamra had been the
ordinary weight Of 900 90 800 pounds each.
much more satisfactory results would have
been secured.
NJ. FYhrie estimates that there is now IN
sight 400 600 tons OF ore, and win a very
smau erpenditufe nt least 400 Oo0 additional
| tons NAV be developed. The optional price
is not known. but - Is supposed 20 be about
ons-half million dollars. 6umclent water
is also secured with the property and sup
ply OF timber and fuel is close At hand.
The property is admirably sitnsted IoI
working operations At n verg nominal cost
the entire yea. II this sale is effected, as
seems most likely. - will be great enter
prise opened up almost within the city
CITY limits. II the conflicting TITLES could
have been brought together before BY o.her
,srtIes there is scarcely a doubt that .
sale Of these properties would long since
/ have been aeeomp plished. as number OF
eager purchasers we're ready to invest II the
title could be properly aud amieabiY ar
ranged or secured.