Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1896-09-17
The Ely Copper Mines.
A New Company Has Bought and
Will Operate l'hem


The current number OF the Yer
mcater contains lengthy article on
"Ths Ely Copper Mines Of Ely-Cop-
perfieltm that will Le read with great
interest. After giving thorough his
tory of the operation Of the mines UNI
der their successive arrangements, it
says:
"Within the last few months new
corporation has been organized, UNI
der the laws OF Vermont, and named
the Ely Copperficld Mining company,
made up OF leading capitalists in Bos-
ton and New York, and in Vermont.
These parties are thoroughly familiar
with the history and development Of
this property. After the closest and
most thorough investigation Of its con-
dition; its value and merits, and its
possibilities, they will undertake its
permanent development as profita-
bic mining enterprise.
The two important questions have
been answered afiirmatively, viz: Is
there sufficient ore on the property to
warrant the outlay that is proposed !.
And can the ore be smelted at prof
lit?
The reports OF former mining en-
gineers who have been employed up
on the mine, and the recent exami-
nations by competent experts, con-
firm the fact that there are great bod
les of ore within easy reach, which
can be mined and smelted at a hand
some profit.
Prof. N. A. Bibikov OF New York
city, a Russian mining engineer and
geologist, has thoroughly examined
the property on several occasions, and
in his opinion there are large quanti-
ties of ore to be mined at small ex-
pense. He considers the property inn
mcnsely valuable, and sure Of profita-
BILE operation. Prof. Bibikov was for
merly mining engineer and geologist
of the Atlantic & Pacific Railroad Co.
He was one of the experts who were
sent out last spring by syndicate OF
New York capitalists to examine and
report upon the Yellow Jacket min
ing property, in Lemhi County, Ida
no. 1t was upon this report that the
property was purchased and million
dollars in cash paid for it.
The modern methods Of reducing
the ores Of the sulphate OF copper are
so much in advance of those in vogue
ten years ago or even tive years ago
there would now accrue to the owners
much greater profit than formerly
was secured.
In letter OF January LIST, 1895,
written by Henry M. Howe, ESQ.,,
Mining Engineer Of Boston, he says,
speaking of the new process of smelt-
ing the yellow sulphuret Of copper:
Important developments have been
made in the process Of extracting the
copper from the ore which tend to in
crease markedly the value OF your
property. | refer especially to the
Bessemer process and to the pyritic
smelling process. The former, which
had hardly fully emerged from the
experimental stage in l886,is now ex-
tensively and most successfully used
in several large establishments. 1t is
now firmly established process. The
pyfitic smelling process too, while still
experimental, has reached stage
where it holds out great promises, and
both processes, especially the latter,are
we'll suited to your condition. In
deed, your ore seems to present al
most the ideal conditions for the sue
cess of this latter process, which should
reduce the cost of your copper very
greatly
DR.. Edward d. Peters, Jr., the au-
thor of Modern Copper Smelling, of
which seven editions have been pub
lished, is we'll acquainted with the Ely
mines from former examinations, and
writes under date of September both,
1895, as follows, viz:
III tile Ely mine lived at all with all
the drawbacks under which it labored,
and under the awkward and costly
smelling process, it should pay very