The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1897-07-10
NORTHWESTERN \ MES
DEVELOPMENT WORK ON PR0prJs-
TI NEAR TROY, MoNr.
A $4,000 Gold brick From Placer
Diggings on salmon EsrSrs
Idaho-Mfning Notes.

Work on the Big Eight property six
miles from Troy, Mont, is said TO be
going ahead at rapid rate. The own
ers recently let contract for cross
cut tunnel 270 feet in length of which
50 feet has already been completed.
The ore is silver-lead, and is said to be
splendid concentrating product, sim
liar in many respects to the ore of the
b. g. b., in the same vicinity This
property was located. seven years ago,
and bonded for $65,000 After doing 200
feet of work the bond was thrown up
and the property was not again worked
until last spring, when active develop
ment was commenced. When the lead
is struck the owners will determine
whether or not to install machinery. The
property is located six miles from Troy,
Mont, on Callahan creek, and comprises
two claims.
Buys the Hi-Yu.
Glen B. King has purchased the Hi
yu gold mine in the Florence (ldaho)
district. The property was owned by
Spokane company. There has been dis
satisfaction existing in the company for
some time and the sale was the result.
The price was about $4,000 The Hi-yu is
property that paid its original owners
some years ago something like $5O,OOO,
but for some reason work stopped and
the mill was moved away. The company
which has been operating it recently has
done some development work, but no ma
chinery has been put on the property to
work it. The new owner, MIR. King,
promises to put in machinery and proper
ly develop the property.
Bear GuIch and COIomn.
Harry Thompson, who has Just return
ed to Missoula, Mont, from Bear gulch
and the Coloma district, says all OF the
placer mines along Bear creek have had
a good season this year and the prospects
for the rest of the summer are excellent
as the streams have still plenty of water
and the season will probably be longer
than was anticipated early in the spring
In the quartz mines the work this yeaI
has been successful and the indications
are that the. Coloma group will become
rich in its output. While the work of de
velopment has been going on in the Nam
moth mine under the direction of Super
intendent Browne the Mammoth mil
has been operated under lease by the own
ers of the Stillicom and other small prop
critics near by, and the results have beer
more successful than any other expert
ment that has been made. The trouble
has been heretofore that the percentage
OF loss was so great that the operation
was not profitable, but this has been over
, come by the present mill superintend
ent.
$4,000 in 30 Days.
), A gold brick valued at about $4,000
i the result of about 80 days run of tn
ictor Mining Company placer digging
5 on Salmon river, Idaho, of which c. W
i Ide of Spokane is president. 1--WE hav
d been fairly successful in some ways an
e unfortunate in others said Mr.. Ide, VIII
+ has been waiting his appointment OF ma
@ shall for so great period that his fac
has naturally grown long. 1--WE starte
IS out thinking we would cut swath tn
= year, but three cloudbursts came and d.
d stroyed our confidence and fumes at eac
d time. In consequence we have been PIT
i to great deal of Inlooked-for e.
II pense.'
!. Seven Devils.
j. b. Perkins has just returned fro
the Seven Devils mineral district. He L
= ports the existence of valuable ore bodi
in that country, but advises prospecto
ut to stay away. Almost the whole miner
belt is held by locations and relocation
al he says. This system has been carried {
of for 10 years with no development and b
- little assessment work. There are II pa
ented mines in the district and 100
~ acres in a solid body have been held +
IL many years by methods adopted for t
or purpose of defeating the intent of t
us mining laws
ed Purchase Involving 100000.
in There is a report in mining circles tn
10 the Bonanza mine, a free gold proper
=. near Baker City, Or, has just been SC
Go in New York to New York capitalists
"a $75O,OOO. The Bonanza is a big proper
and is said to operate 20 stamps and
M pay monthly profits of about $4,000. 1
~ property was recently exported by GeOr
nd NIilliken for the New York purchase
~ and it is said to be upon his report I'll
100 the sale was made Milliken was form
D. ly mineral expert for the Northern
~ cific.
-. Nearly Eight Millions.
The report of the Parrot cOmpal
filed with the assessor at Butte, sho
that it operated its mines and smelt
~ ~ at profit of S4l2, 377 GO during last We
- which is almost double its profits DUR
-" NV the previous year. The report makes
Ike ~" go - Zoo o.