Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1896-05-30

ordinary methods adopted in the past
TO determine its value. Late tests give
values ranging from $50 to $50 per ten
and he is now contemplating the ship
ment of a carload Of the ore to some
favorable point for reduction, which
will be practical solution Of the ques-
ton as TO the measure Of merit which
may be Justly ascribed to the property.
RICH GOLD ORE.
Ben Runyon, one of the miners en-
gagged in sinking shaft on the Aspen,
y promising claim Of a group owned by
the Buckhorn Mining company, near
this city, came in Wednesday with
samples Of the ore found in the bottom
Of the shaft, at depth of 81 feet, which
requires no further test than the eye to
determine its highly valuable character.
Aside from the visible gold which APP
pears so conspicuously, there is also
apparent goodly per cent Of sylvanite,
containing about twenty five per cent
Of the yellow metal. Mr.. Runyon re-
ports the vein to be holding its width
and the ore improving in quality az the
work of sinking progresses. The sam
Piles ars exceptional in their valuable
charas tSFa'while no definite estimate
q 'ss .s Ray ss siysq, y s..I.ill e sniils
goldnS the value of many thousands o.
dollars, and it is also eorrespondingly
safe to say, that the discovery of similar
ore in many othei regions would create
a wave Of excitement eliminating in O
rush of anxious prospectors and in
vestors to the scene of the phenomenal
find. 1t is the intention ofthe company
to continue the development Of the
mine, it having already been decided to
let another contract for tho further
sinking of the shaft when the pending
contract is completed. and THE CHRcN-
IcLE confidently anticipates a situation
that will justify the publication of the
most favorable and encouraging reports
of this valuable property during the
future progress of its Development.
GOOD INVESTMENT.
DIR. ii. +. Rate Of this place while on
a visit TO Custer last week made, what
nov turns out to he very profitable
investment in a gold property, located a
few miles west of Custer in the Penob.
scott district In the early days this
district was famous for the rich gold
reck that was found on the surface, but
as in many other instances in the south
ern Hills the claims were abandoned,
after the rich pockets had been worked
out. The claims, which DIR. Ratte has
bought are two locations known as the
GrLver and Grover No. l. They are old
claims and have been relocated from
year to year, without much work having
been done on them. The ore in the
shaft is refractory and needs 10 be treat
ed by smelling process before the
values can be obt insd. The assays of
this ore range from $40 TO $50 in gold to
the ton of rock But the value of the
claims lie in the new discovery that was
lately made on the same ledge, on which
the old shaft was sunk. about 100 feet
distant from it. The ore found in this
new place contains large percentage
Of gold in free milling state, AZ is
evident from pan test made on the ore,
which our reporter had the opportunity
to see. Besides the free gold there
were great many concentrates in the
pan, which the Doctor informs us assay
very high. DR.. Rate claims the ore
contains sylvanits and that this is the
reason the value Of the rock is so high.
Two men are now developing this prop
srty which the Doctor expects to make
very large producer before long
Hill City News.
The claims above referred to are rated
among the most promising mining pro-
positions in this locality, and, barring
the name given them. they possess, in
an eminent degree. all of the desirable
characteristics which serve to give
prominencs to properties Of their char
actsr.
100000 bond.
Yesterday was consummated the deal
whereby the Jupiter Fraction and Un-
ion lode mining claims. located in the
Keystone district was placed in bond to
eastern capitalists for . period Of eight
months for the sum of $50, 600. Parties
interested in the deal have been in the
city for the past two or three days ar
irving at Q satisfactory agreement and
yesterday the final step was taken and
the deal closed. The terms Of the con-
tract are $4,000. which was paid to the
owners Yesterday. "a. 600 placed in the
bank to be used for immediate develop
msnt, the balance to be paid within
eight months. The property in ques-
ton is the late rich strike about mile
and half from Keystone. of which
mention has been several times before
made in this paper. The owners are
John snowis. John 8. Phinnsy Mathew
Graham, the property being divided a.
<oyy~-a 2nA-fa t~s~ kks-I~ s~ta~~~x