Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1897-09-25
MINING FACTS AND TALK
DALY-HAGGIN ANACONDA PARTY
SECURE BUTTE AND BOSTON.
New Tunnel on the FOrmOsa Cut the
Lead at 300 Feet-COeur d'AIene
Discovery.

in mining circles here by the announce
ment that the Daly-Haggin Anaconda
party had secured control of the Butte &
Boston mine. For some time there has
been large buying of the stock in the
east. but no one seemed to be able to
fathom whom the buying was for. 1t
develops that wealthy New York bust
ness man of mining connection had given
a contract to New York banking house
for the purchase of all the capital if it
could be secured, and it is learned that
this buying has been for an estate repre-
scented by this capitalist and the DAILY
Haggin party. tits said the deal involves
$6,OOO,O00 or $8OO0,OOO, and the acquis-
ton of the Butte mine by the Anaconda
will give the latter additional voice in
the management of the Butte & Boston
Mining Company. Only recently an as
sessment was levied on the stockholders,
Sc that the company at the present time
has at least 81 100000 in it's treasury.
Boston capital has always controlled the
property
New Tunnel on the FOrmOsa.
The FOImosa has commenced a new
tunnel, starting from the level of the ore
bins at the mill, is the report from Gem,
Idaho The tunnel through which ore has
so far been taken-the middle tunel-is
high above the mill, the ore being sent
down through chute, a long trestIc
connecting the upper end of the chute
with the mouth of the tunnel. The new
tunnel will be 80 feet lower and will run
about 300 feet to cut the lead. The pres
ent working tunnel ran 100 feet to the
lead from where they drifted 400 feet, all
the way on ore and then broke it down
from above until the tunnel was full the
whole length before the mill was built
Since then a shaft was sunk 30 feet, all
through ore, before starting the mill tun-
nell Three shifts are being worked, and
it is going in about 10 feet every "a
hours. They expect to hold this rate
for the next 100 feet, that distance being
through an old slide, but there solid rock
will be struck and progress will be slow
er The mill will be run little if any UNI
til the new tunnel is done.
Full of Free Gold.
The report comes from Murray of one
of the richest strikes ever made in the
gold belt by William Wiley, A. Duncan,
Sias Branch and John Mclaughlin Zip
perary jack on Friday. The discovery
was an eight-inch ledge filled with free
gold in plentiful quantities from wall, to
wall, on the hill, just above town, No as
says have been made, but a ton Of the
rock would unquestionably -1eld thou
sands of dollars. The discovery was not
the result of accident but of deliberate
design, they having been hunting for it
for a week or more, being induced there
to by the fact that a rich pile of nuggets
had been taken from property ad joining
last year, and the further fact that there
had been rich placer diggings farther
down the hill in early days, with no ap
parent source for the gold thus found
unless it came from a ledge up the hill
from the rich gravel
Baker City Properties.
The Baisey -Elkhorn mine, - miles
northwest of Baker City, will pass into
the hands of a syndicate, with prospect
of being better developed with ample
capital. The property has been famous
gold producer even under adverse circum-
stances. 1t is reliably stated that the
purchase price is 100000. 1t is reported
that Albert Geiser late of the Bonanza
mine, has bought the Robbins Elkhorn,
q companion mine of the Baisley ELK
horn, and that development work will
commence at once on an extensive plan.
Bonded the Arlington.
The Arlington claim of the Canadian
King group, on the North fork of the
Salmon river, has been bonded for $780,
900. w. L. Boyd and Henry Hubert, the
owners, have given the bond to the Hast
ings British Columbia Exploration Com
pany. The property is gold-bearing,
partly free milling Several shafts have
been sunk. one 80 feet deep. On the
dump are 100 tons of pay ore.
Ore of Elk River.
Peter Skjarve, miner who has been
prospecting in the Elk river country, in
Idaho, this summer, has brought in some
fine specimens of free milling quartz, the
ledge of which he located few weeks
ago. The samples show free gold in
abundance, and it is said the ledge is
large one.
Free Gold I'm Teutonic Mine.
Free gold has been struck in one of
the mines of the Teutonic Mining Com
pany on Trestle creek, four miles from
Hope. The vein is now an inch and
half wide, but is improving with depth.
An extra force of miners will be put to
work at once.
Gold From the Swauk.