Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1897-10-08
NEWS OF MINES.
ON BONANZA AND Ell DORADO.
Another Rich Chimney of Good Ore
in q Montana PrOperty-Le ROt
Dividend-OptiOn ON the josie
new District IN Idaho.

Il Dorado creek, in the Yukon, writes !
O his father in Seattle, that claims own
d by his father and partner, Mr.. War
len, on Ell Dorado creek. will pan out
,alf million in gold nuggets this com
ng winter. The letter predicts that
.laims on Bear creek will turn out IA
.ich as those on Bonanza and Ell Dorado
.reeks. Stanley also writes that the Ca
madam government is exacting roy
llty of rs cents per cord on wood to be
used in thawing out the gravel this win
Ter. A similar charge is also made for
logs used in building cabins for the min
Frs. During the summer forest fires have
a large amount OF cOrdwood.
Owing to the scarcity Of water but little
sluicing has been done.
Gleason and He'll hoy Property.
News has been received of the discOv-
cry of another rich chimney of good ore
on the Gleason and Bell Boy property,
four miles from Marysville, near the
Penobscot and Empire mines. The vein
has extended for some time well along |
the two adjoining patented claims, and
was some time ago worked from a shaft
on the Bell Boy, many thousands Of dol
lars being taken from it then. The pay
ore was in chimneys, however, and the
good thing did not last. Recently shaft
was begun from the other end of the
claim, on the Gleason fraction, and at 40
feet down a chimney was found what
promises to be exceedingly valuable. Ore
&c 4 -. 60,
ing that runs $25 to the ton, and the
shipping ore runs from $500 upward. The
gold is coarse and free. The property is
situated south of the Empire, and is be-
ing worked to good advantage still.
Another lie ROi Dividend.
The lie Roi company has just declared
dividend of $4,000. This is the Goth
dividend paid by the lie Roi company,
and swells the total paid to stockholders
to 1925, 900. Inc first dividend was de-
clared just two years ago yesterday, and
was for $25,OO0. No other payment was
made until February 6, 1896, when the
amount was $4,000. Since that time the
dividends have been declared almost ev-
cry month. and sometimes twice a month.
Work on the company's smelter at North
port is progressing steadily and rapidly.
Several carloads of machinery are al
ready on the ground, and the roasters
will be ready to receive ore by November
Is. The company will begin to ship ore
to the smelter soon, probably by the last
of October. The new buildings begin to
make an imposing appearance from the
railway station, being in plain sight of
passengers, and are therefore the source
of much comment.
Option ON the Josie.
BY vote that was practically unani-
nous the Josie Mining Company has de-
cided to give to Thomas Ricards an OPP
ton of 60 days on the property. Mr..
Ricards was represented at the meeting
by S. L. Lowe, who submitted a propO-
sition to the meeting in writing Offering
to incorporate company under the laws
of England with capital of f25O,OOO
This company, he agrees, shall pay to the
Josie Mining Company 10000 in cash
and place in the treasury 100000 in cash
as the proceeds of the sale of stock at
par to that amount. The Josie company
is also to receive 100000 in fully paid
stock. The offer further stated that the
) details of the transfer would be arranged
by Mr.. Ricards with such representatives
OF the Josie Company as should be au.
thorized to act.
Gold From Thunder Mountain.
c. w. Richie of Walla Walla has ar
rived at Boise from a visit to a new gold
, district on the Middle Salmon that ap
, pears to be wonder 1t was reported
about a month ago by the discoveries
who brought in quantity of gold they
had taken out. Mr.. Richie and his part
ner are the only men who have been or
the ground. The discovery is on Thun
der mountain, on Mule creek, tributary
Of Big creek. Thunder mountain is prac
tically mountain of>ore. The gold nov
being taken out is secured by washing
the surface. The Caswell brothers, tn,
E discoveries, took out $3.50 in eight days
The dirt runs 25 cents to the pan, whil'
much is declared to be not less than 81
ton. The ore is q conglomente will
porphyry constituting the base.
Last Chance sold.
r The Last Chance mine and group, own
ed by E. H. Thomlinson, F. A. Wood an,
DIR. Hendrix, has been sold, is the new
|. from Sandon, B. c. The figure was 1925,
coo, practically cash. Scot Mcdonald
!, manager of the Payne, and Mr.. Big
gerstatf, acting presumably for the Nc
= Cunes, were the purchasers. The min
! was examined this week by Mr.. MELON
aid and the deal was closed on the da,
:. OF the examination. The actual transfe
has already taken place and Mr.. MELON
: aid is now in charge The Last Chanc
is located on Noble Five mountain. ad
joining the Noble Five on the west. 1t i
r comprised OF five or six claims, early lo
\ cations. and has been worked by NJ,
j. Thomlinson several years.
The Choteau.
; One OF the discoveries of a late dat
is that of the Choteau, a mining clair
;, adjoining the Silver Cable, in Flathea