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

Mining Items.
I James Cochran of this city is reported
as having struck very rich body Of ORG
in one Of his claims near Rockford
Assay returns place the value at $150t
in gold per ton.
The Hill City News in its issue of last
week says: 1t is reported that NJ. H
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 25th, at their Office
in New York. This makes a total OF
Sc, 800, ,250 paid in dividends to date.
A contract has been signed for the
transfer of 20 claims in the Keystone
district to Colorado syndicate headed
by Mr.. Wemer. The consideration
mentioned is $25o.0OO, ten per cen.
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 92 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,
50 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 large 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 a
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 Oeaver has proved that
with economical and intelligent manage
ment Southern Hills prospects are good
thing.
THE CROWN HILL COMPANY.
The Crown Hill Mining Company, oi
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 shoot.
discover ed on the Rua mine, which i,
joins for about two thousand feet appar
emily dip under and across the Crown
Hill property at depth of about l3O
feet on the lower quartzite. The com
pany are now sinking shaft to strik,
this ore body, which on the Rua is from
twenty to thirty feet thick, averaging
$4,000 in gold. The shaft is now dowl
seventy feet.
The Spokane mine is a recent pur
chase and carries high grade lead anC
silver ores and some copper, the latte
rapidly increasing with depth. Th
Spokane vein is true fissure, cuttin
the rich mica schists and fanked by tn
huge granite dikes and ores in this sam
formation and only few miles south
east of the famous Holy Terror min
which it resembles in all respects ex
cept the class of ore it carries. Tn
company now have the main shaft dow
one hundred feet and are drifting o.
the strike Of the vein both east an
west from the shaft. The drift at tn
east has been run about fifty feet, ex
posing a streak of pay ore from two t
four feet wide the entire distance, rur
ming from twenty to eighty per cent i
lead and from twenty to seventy pc
cent in silver. The vein is from twelv
to fifteen feet wide heavily charged wit
copper and iron pyrite and some fin
galena; and outside of the rich pa
streak it would all pay handsomely {
concentrate. The vein has clay guag
on the foot wall nearly foot thick an,
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