The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1896-01-29
MInIINCnOTES
Notes on Iron and Gold and Their
Production Cleaned From
Various Sources.
EXCHANGES CONTRIBUTE.
Mach Development work Going
On on the EcTSailien and
Mesa5a Ranges.

Z
After several changes in opinion
the permaneRce Of the Rainy lake
gold deposits is at last generally re-
garled as being established. In the
Seine river district several shafts
have been. sunk TO q depth OF Us feet
and over, and the veins hold their
size and richness with little variation.
THE favorable opinion of Professor n.
Hamilton Merritt, of the Toronto
School of Mines, and the amount of
noaeF spent by the English syndi-
cate for whicn he examined the dis
1rict. are indications OF the prevailing
sentiment OF the mining men TIE
syndicate has secured options on many
az the more prominent tracts in the
Gahro district between Bad Yer
million and Shoal lakes, and has
purchased numerous forty-acre lots
fpoIa explorers at prices ranging from
$50 10 sI5o9 each. The Foley CON-
parry maintains great secrecy as TO
The results obtained at their mine.
bat in view Of the general activity Of
tie companies, it is believed they are
quietly securing control Of everything
offered ut reasonable prices, and when
they are satisfied with the amount Of
their holdings. the outside world viii
lie informed Of tne prospects.-Tower
Cor. In Duluth Herald.
The work of removing machinery
and tearing down old No. shaft
house at the Franklin is in progress.
TIE new shaft is down about Us feet,
and tImbers for the new shaft house
are being gotten out. The Franklin
nov employs some % or 30 are employ
Cd Ia the woods by the company, in
getting ont timber fer the Franklin
GROUP. At the Bessemer, the
new hosts put in, formerly No. . hoist
Franklin. is in operation, and some
100 to 800 tons per day are being
raised. The old Bessemer hoist is
now employed for lowering timbers.
Slightly over 200 men are employed
on the property.-Enterprise.
The Fowler exploration on section
5. 57-T7. one OF D. I. Adams new pro-
Perties, is being pushed vigorously
Four drill holes are now down, which
disclose the presence of body of iron
about 400 feet in length, with. an
average width of about 300 feet. This
is thought TO be only the beginning
and must by no means be taken as de-
te-naing the amount OF ore in this de-
post, either in length or width The
ore is cons dered as good as any Of the
deposits Of this range and is very
similar to the ore csntaiHed in the
group OF mines which include the
Adams, Fayal and Fega.-Virginian-
The Cheseborough property here,
SAYS the Hibbing News. has recently
been purchased by the Eddy Bros but
nothing can be learned Is to the price
paid. 1t is understood that Attorney
&. n. Marble has disposed of his
interest in the mine, which included
IN interest in the fee. for So, 900, and
has got his money. But aside from
this runor little is known Of the tran
saction The property is very vaiu-
able, as an immense body Of fine ore
has been shown up
Superintendent.E e. Florada. OF the
Oliver Mining company, has secured
an option ON the great Sauntry pIo-
perty on section 5 and adjoining the
townsite of Virginia on the north,
and has put four crews at work on
the same. deepening pits Nos 4. 8 and
81. and starting one pit Two dia-
mond drills viii be placed on the
property at once and the extent o.
the ore body proved. s
Frank Dunn sold forty-acPe tract
on the Seine for s1Uoo recently, and an
Ottawa company has paid $1,000 for a
Sixty-acre lot in the Manitou district.