The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1897-08-14
INVESTING IN MINES
sTAMDAR OIL PEOPHMs AND xMPOR-
TAHA IDAHO TRAHSTERg.
Ceanty In ndonsans-AOtes In
OthsF Fields.

For some time there has been . deal
pending for the Trade Dollar mine at Sill
yer City. Idaho. II IL now rumored that
the scope Of the Transaction has been ex-
tended 70 as TO take In the Black Jack
mine and the property Of the Florida
Mountain Mining Company, these being
on the same vein as the Trade Dollar.
The Trade Dollar was examined by Fred
Corning some months ago. Recently
another examination, made by r. y.
Bradley, manager Of the Bunker Hill L
Sullivan mine, in the Occur dAlenes. The
names Of the principals have never been
disclosed, but it has been supposed that
they were the owners Of the Bunker
Hill RnmOr now states 1t Is the Stan
dArd Oil people who are intending TO pur-
chase. The deal, according to the rumor,
also embraces the railroad being colt
structed from Nampa to Silver City. The
Trade Dollar mine is paying at the nate
Of 100000 q year, and the Black Jack
d also paying large dividends. There are
three mills in the group Of properties
II all the mines 60 into the deal. the
price viii reach large figure and the
transaction viii be the heaviest ever
made in this part Of the state.
Copper-GoId Belt.
Within . mile Of Sohon, Mont, il what
surface showings indicate as one Of the
finest properties in the whole cOpper-gOId
belt Of western Missoula county. II con
sists Of . group Of IL claims running
from q point q little south from here
westward to the summit Of the Bitter
Roots-the MOntana-Idaho line. These
are two parallel leads about 10 feet apart,
running the entire length Of the claims,
that both show ore in varying quantities
wherever they crop. The lead has been
stripped at frequent intervals, but the
only work Of much consequence i tun-
mel on one Of these that Is in $50 feet.
IL ran ne 4 crosscut for 70 feet, where
the lead was cut, and the balance Of the
way follows the lead through ore all the
way. A shaft was started up the Hill
and $50 feet further west, where ship
ping ore WIS struck At a depth Of six
feet The shaft Is now down 10 or u,
and will be sunk few feet further, when
they will return TO the tunnel and drive
il in until directly below the shaft. A
two-stoTy house lsx32 il now being
erected, and n wagon road built down 10
Sohon- As soon as that work Ia done they
will 60 under ground, development work
being the main object, although the ship
ping ore taken from the tunnel will be
shipped as fast as sufficient quantities arc
secured. The ledge shows q variety Of
rock, all carrying more or less copper.
One Of the fAvOrite forms is black COP
per, repeated assays on which have shown
more than IS per cent copper. The va
riety Of ore is % great that they viii
have to make numerous tests before they
can tell what kinds will be profitable to
ship.
/ sale Of the Mornlng Mine.
| II is learned that Larson 4 Green
ough have bought the Morning and You
Like mines near MulIan, in the Occur
d'Alenes. The deal has been kept secret
and the price Is unknown. The Morning
mine has been worked under lease by
Larson a Greenough for the past two
yeArA Il was owned by a Milwaukee
syndicate, which bought It from the re
ceiver Of the old Spokane National bank.
The Milwaukee people put in extensive
Improvements, and tried to operate the
property, but were unsuccessful. For
long while the mine lay idle, and then
Il passed under lease to Larson 4
GreenOugh.
FreIghtinG n stamp MIN.
A l0-stamp mill Is on the road for
the properties Of the Badger Gold Min
ing Company. The plant has been or
dered from Milwaukee and IL about due
to pass through Spokane. Il viii be
taken to Lewiston, and freighted from
there by wagon 70 the mine, which is
on Crooked river, near Elk City, Idaho.
Il l. long haul-60 miles to Grange
willie, ca Camas prairie, and then IS miles
further through the mountains, but the
roads are in good condition, and little
difficulty is anticipated in taking in the
plant.
one Of MIG Three Properties sold.
Il is automatically stated at Rossland
b. c., by those who are in possession Of
, the facts that the deal for the sale Of the
. California, one Of the properties Of the
Big Three Company, was closed this even,
ing to q Quebec syndicate at the same
price that they purchased it for, namely
$4,000.
brought iA SIX Cold Rrlcks.
Dell Hart arrived at Spokane from the
okanogan country with treasure. HI
bore six gold bricks, the result Of Is
I day run of q l0-stamp mill near Orc
okanogan county, on ore from the Tn
, une mine The gold is IL carat and eAel
brick IL valued at $500.
4 On Cunningham Greek.
The Chinese hydraulic mine. on Gun
e ningham creek, in the Cariboo, which wa
E bought last winter for $4,000, Is bein,
I thoroughly prOspeCted under the man
agement Of r. J. Sawyer. A new ditel
two and one half miles In length IL hnish
ed, and 1000 feet Of pipe Is on the wa,
! from Ashcroft
swansea Copper Claan.
The Swansea copper claim at WindS
mere has been bonded by George b Kirl
d Of London, for 5000 cash within 60 day