Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1898-06-25
Mining Items.

\ James Cochran Of this city is reported
as having struck very rich body Of ore
in one Of his claims near Rockford.
Assay returns place the value at $500
in gold per ton.
The Hill City News in its issue Of last
week says 1t is reported that NJ. II
Day has taken an option on the Blue
Lead near Sheridan, and will put force
of men to work soon to deyelop the
property.
The Homestake Mining company has
declared the regular monthly dividend
of % cents per share, and an extra divi.
dend of the same amount per share,
both payable June 25tb, at their Office
in New York. This makes a total of
u, ,s0e ,250 paid in dividends to date.
A contract has been signed for the
transfer OF 20 claims in the Keystone
district to q Colorado syndicate headed
by Mr.. Wemer. The consideration
mentioned is $250.00O, ten per cent
August 18th, balance in six months
The ground adjourns the celebrated
Holy Terror property and the Key
stone mine.
F. w. Bush, superintendent and gen.
eral manager Of the Gold Coin Mining
company, arrived Sunday last prepared
to prosecute development work on the
company's property, situated ~ miles
west of this city. Present development
consist of timbered shaft 80 feet deep,
in ore which assays very encouraging.
1t is the intention of the company as
soon as water level is reached to run
cross cuts east and west from the shaft,
80 feet each direction.
Owing to the scarcity of help the
Holy Terror people had to send to
Lead City for l6 miners to worl in the
Holy Terror and Keystone mines.
The 20 additional stamps recently or
dered by the Holy Terror company for
the Keystone mill haye arrived at Hill
City and will soon be placed in posi-
ton. The outlook in the Keystone
district for largs output of bullion is
better than ever before since the first
stamp dropped in the camp.
After an experimental run of five
months, says Hill City correspondent
of the Black Hills Mining Review, the
St. Elmo Company has decided to sink
300 foot, two compartment, vertical shaft.
the work to begin inside of 60 days, and
they intend to place the most modern
machinery on the ground in order to
push the work as rapidly as possible.
Superintendent Oleaver has proved that
with economical and intelligent manage.
ment Southern Hills prospects are good
thing.
/ THE CROWN HILL COMPANY.
The Crown Hill Mining Company, Of
which Hon. S. Z. Young Of this city,
is manager, is fortunate in being the
owner of two of the most promising
mining properties, in the Black Hills
country. The Crown Hill group Of eight
claims on Bald Mountain in Lawrence
county, and the Spokane mine, twenty
three miles southeast of Rapid City, in
Custer county. On the Crown Hill
group the company have already thou
sands of tons of high grade silicious
gold ore in sight on the upper contact
which will average about $1,000 in gold,
and on the east the immense ore shoots
discover ed on the Rua mine, which it
joins for about two thousand feet appar-
emily dip under and across the Crown
Hill property at depth Of about l30
feet on the lower qnartzite. The COM
pany arc now sinking shaft to strike
this ore body. which on the Rua is from
twenty to thirty feet thick, averaging
$4,000 in gold. The shaft is now down
seventy feet.
The Spokane mine is recent pur-
chase and carries high grade lead and
silver ores and some copper, the latter
rspidly increasing with depth. The
Spokane vein is true fssure, cutting
the rich mica schists and flanked by the
huge granite dikes and ores in this same
formation and only few miles south.
east Of the famous Holy Terror mine
which it resembles in all respects ex-
cept the class of ore it carries. The
company now have the main shaft down
one hundred feet and are drifting on
The strike CT .hc rein both east and
west from the shaft. The drift at the
east has been run about fifty feet. ex :
posing streak Of pay ore from two to
four feet wide the entire distance. run
ming from twenty to eighty per cent in
lead and from twenty to seventy per
cent in silver. The vein is from twelve
to fifteen feet wide heavily charged with
copper and iron pyrite and some fine
galsna; and outside of the rich pay
streak it would all pay Handsomely to
concentrate. The vein has clay guage
L. E. - c~~k Il 4