Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1897-12-18
UIBE OWNERS
Valuable Property of the Strangel
Greek Mining Go.
Assays Show Mine to Now Have
shipping Ore.

shipping O1C.
Tn the summer of 1896 W. J.
Nickerson, Of Plaza, ''grubstaked" a
prospectcr TO operate ipsthe Sum-
NIT district, north Of Spokane. This
prospector found what he thought
to be good prospect, and made
location on Huckleberry mountain,
100 miles north of Spokane. He
had not the means to develop his
find, however, and coming to Pull
man disposed of his interest in the
claim to a syndicate composed of
E. w. Downen, F. e. sHawley, W
L. Lyon, H. G. DePlsdge apd NJ.
c. True. These gentlemen at once
Investigated their purchase, and
the first Assay, made from the sur
face, gave return Of $3.k5 per ton.
A second assay made from depth
of eight feet increased the value to
| $11.48 per ton, ahd war SO encour-
aging that the company was at once
Incorporated, the five Pullman
stockholders, holding 4 majority in
terest, the balance being held by
Mr.. Nickerson. Owing 10 the loca-
tion of the property on the head Of
Stranger creek, tho company was
called the Stranger Creek Mining
Co., Mr.. Nickerson being elected
president; Mr.. Hawley, secretary;
Mr.. Lyon, treasurer, and Mr.. Dow
ncn, financial agent.
/ At the time the Incorporation
was perfected many mining COM
panies of many degrees Of worth
were placing their stock on the
market, but the StraRger Creek
people decided that thai would of.
fer no stock for sale tillthey had
the assurance by furthSr develop
ment that they were sally on q
ffgeoa seia ors aA4Fl aild give
value received. In May Mr.. Lyon
was sent to the property, where he
Esuperintended the sinking of an 49,
foot shaft, the assay value of the
ore having increased at this depth
to $3026. An adjoining claim was
purchased by the company, and the
4edge was traced for a distance of
24O0 feet across the combined
properties. The ledge had thus in
creased in width from two inches to
three feet in Is feet, and in value
had increased ten fold. Work was
prosecuted all summer, and a depth
of 36 feet was gainen, when a Gro
cut was made, and the ore body
struck. The four foot ledge of gal
ena, with its we'll defined walls,
proved at a glance that the Stranger
Creek was no longer prospect, but
full-fledged mine, and the fortu-
nate owners had occasion to feel
jubilant. Average samples of the
ore were sent to the agricultural
college to be assayed by Prof. Full
mer, and his report, made last Sat-
urday night, confirmed the hopes of
the mine owners. The assay gave
value of $60.43 per ton, of that
amount $36.0 being in silver, 80. .58
in gold and the 81 per cent. of lead
$21.84.
A return of such value as this, to-
gether with the constantly increas-
ing body of the ore, influenced the
stockholders to place stock on the
market, and Monday morning a
quantity of treasury stock, set aside
for development purposes. was of
fered at q cents. And it was eagerly
purchased, too, by the people who
had watched the progress of tho
property. Wednesday, at a meet
ing of the stockholders the stock was
withdrawn from the market for the
present, enough having been sold
in the three days to continue the
developing of the mine. At this
meeting contract was also let for
the construction of winter quarters
for the miners, a bunk house, black
smith shop and ore bins to be con-
structed. The contract was also let
for the continued sinking of the
shaft, the ore to be taken out and
placed in the bins, shipment to be
made to the Northport smelter in
February or Marcn, the Stranger
Creek to become producing mine.
a source of revenue, and, from pres