The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1895-11-29

Mesaba aud Other Iron RAN ges.

Mesaba aud Other Iron Ranges.
The Rouchleau-Ray Land &
Iron company recently conclud.
ed q deal whereby ithas sold the
lease of all it's lands lying be.
tween Biwabik and Mckinley,
and including the Rouchleau
mine, just west Of Mckinley, On
which property a big body of
high grade ore was proven two
years ago. 1t is understood that
the lease calls for a minimum
annual output of 10000 tons OF
ore at u royalty of 25 cents per
ton. It is stated that work
will be commenced at once to
put the Rouchleau, which is an
underground proposition, IN
readiness for shipments next
season.
G.. .. Fraser. of P,ttsburg,
secretary of the Oliver Mining
Company, was on the range the
past week. The Oliver company
are negotiating for the stripping
of the Sheridan mine near Hlb.
biag, on which, property several
million tons Of ore have been
proven. The amount of strip
ping to be done is said to aggre.
gate 800, ,000 cubic yards. 1I:e
Drake g. Stratton Co. and Win
stun Bros. ere figuring for the
contract The mine owners dc.
sire to have enough of the strip
ping done TO permit shipments
curly next season. The fee Of
this great property is owned by
Mr.. Fletcher and Mrs. Leonard
Day, both of Minneapolis.
W. r. Miller, Of Biwabik> who
is interested in the Rainy Lake
mica mine. has discontinued op-
crations for the winter. It WAS
originally the intention to work
all winter, but it WAS found i'm
practicable as the water froze in
che drill holes. Mr. Miller ven
lures the idea that with two
weeks more work in favorable
Weather merchantable mica will
be encountered. as the rock. is
becoming softer and bears a
cleaner and better appearance
as they so down.
WIZ Il a. 2. Dodge, the pio~
necr merchant of the Mcsaba
range, made an assignment :vc
years ago, among his assets was
a claim against the Cantor mine
for 5 cents per ton royalty on
the first 500, O,0CJ tons mined. This
was in payment Of explorations
pursued by Mr.. Dodge and Capt.
Brown. The assignee sold this
claim for u little less than $1,000,
the purchaser being man NAM
ed Williams. of Duluth. A few
days ago Mr.. Williams received
the full amount of the claim,
$ ss225, 600, making $4,000 in two
years 6y his fortunate invest
ment.
Mary E. Sheldon and the cs-
tate of Ransom Sheldon. owning
ne-cighth and one.half Of cer~
tain mining lands in Iron couns
ty, Mich, have begun i. suit
against Edwin Florada and BY.
ron N. Waite for delinquent roy
a'ties aggregating over $4,000.
Of which her share is $40 and
the estates is $3,082.-Common-
wealth.
John Helm er, whom we re-
ported as having started explor
ations on 33 50. II, in the inter-
ests Of George Cheesebrough,
shut down on Wednesday re-
sponsive to a telegram SO to do.
John B. Weimer continues test
pit explorations on the same sec:
ton.
The Rouchleau. Ray Land &
Iron Company put another crew
at work testpittiug ion the Gross
homestead, in 25.59.17, on Sat-
urday last. .
There is some talk that min
ing is to be resumed at the North
Cincinnati property within a few
days, Owing to some misunder:
standing between the sellers and
buyers of the lease there has
never been q payday at this mine
yet, although the work was
started about three months ago
and has been discontinued for
about a month. Some of the
employees ale becoming I very
weary of waiting land liens are
threatened, It is probable that
matters will soon be straighten
ed up, however.-Range
The Minnesota Iron company