The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-12-25
It MAY Be A BONANZA
Granville County May be a
Rival of Michigan
IN COPPER PRODUCTION
LEADING BOSTON CAPITALISTS
ARE BEING INTERESTED
VIEWS OF MINING. ENGINEERING JoURNA
A Party Of SO Coming South to Make an lnves
tigation of the Properly. The Compa-
ny Has Holdings Amounting
to 1900 Acres of Land.

ham and II. W. Lassiter, of Oxford, who
have been in Boston several days in tht
interest of the Boston and Carolina Cop
per Mining Co., returned to North Caro-
lima to-day. They will stop in New York,
Philadelphia and Baltimore to meet cap
italists of those places who have become
interested in the copper outlook of North
Carolina.
Judge Graham talks very encoura-
gingly of his visit to the Hub, and he.
lieves the day near at hand when the
copper production of Granville county
will rival that of Michigan.
Many prominent capitalists are inter
ested in this mine and its outlook is SC
promising that they find no trouble
whatever in securing all the capital ne
cessary to operate the works. A meet
ing of the directors was held yesterday
at the office of Messrs Bickford and
Richards. Bankers. As Congress street
at which it was decided TO visit the
property at an early da;e and arrange
for extensive operations. This party
will be made up of about fifty New Eng
land capitalists and will probably go tC
North Carolina the latter part of Jan
uary in special cars.
From the samples of ore on exhibition
here, and the reports of several expert,
who have been sent to Granville to in
vestigate the mine, it appears that il
will prove one of the greatest industrie.
AZ. /, -
and the great demand for it makes the
outlook even more pormising.
The mine is now producing paying ore
but with improved facilities installed
there is little doubt of its proving /:
bonanza. The company owns nearl.
thirteen hundred acres of ground sur
rounding the mine and it is probably
that many other productive veins are
also located thereon.
Readers of the News and Observer VIII
are all interested in the development o
any industry in North Carolina will bl
kept advised upon all movements OF
this kind as they occur. When details
of the trip to Oxford are arranged b.
the directors. this paper will be the frs
to publish it.
A late issue of the Engineering anC
Mining Journal, published at Boston
contains an article written by Bickfort
and Richards which give interesting in
formation about these valuable deposits
| We quote:
Upon two of the FIVE mines owne,
| by the Boston & Carolina Copper Min
| ing Company namely, the Blue Wins
| and ellis Mines-there has been. ana /
/ being, prosecuted substantial develop
ment work. In the case of the Btu
Wing we are shipping ore regularly, ant
| the productive capacity Of this mine
| which is showing three grades Of ore
/ No. ] producing from 20 TO 40. per cent
/ copper, No. 2 showing Is to Is per cen:
/ and No. 3 running from TO 10 per cent
/ is regarded by mining and metallurgica
! experts as promising in an unusual DC
gree Shaft No. in the Blue Wing i
now down 100 feet. The vein is abou
/ Az feet wide at the bottom of the shat
and shows increased richness as well a
/ clearly widening tendency as depth
| attained. The 100-feet level from shat
| No. 2 has been driven about 1853 feet
/ and at it's extreme limit-having pene
| trated 10 or Is feet beyond a dyk
| formations nowsin the midst of min
| eralized vein showing richness surpassin
any of the No. / grade of ore which pre-
| ceded the work of drifting on this leve
prior to encountering said dyke. In TIL
/ opinion of our general manager, who is
Harvard mining engineer with severa
/ years of practical mining experience i
the West, the Blue Wing property /
very valuable, because, with the practi
cally inexhaustible quantity of goo
grade ore in sight and indications NOR
favorable as You go down, there is ever
reason to believe that it will continu
better to an illimitable depth.
"Our general manager is confirmed
his opinion by such eminent men as MI
j. III. Susman, ming engineer of til
Canadian Pacific Railroad In an OK
haustive report made upon the Blu
| Wing Mine during the early part c
| 1898, Mr.. Susmann agrees with previou
reports upon this property made by til
late DIR. Emmons, of New York cit,
former State GeOlogist of New York an
| North Carolina. and the present Stat
Geologist, Mr.. j. A. Holmes, of Mort
Carolina, so far as they refer to the gel
cral formation and strength of the bel
that the veins are true fissure with di
of 20 degrees to the east. Mr.. Susman
summed up his report with the stat'
ment: i feel justified in recommend
ing the expenditure of capital to tho
oughly develop the properties in que
ton by sinking and drifting, and b.
lieve that if it be judiciously apple
there is good promise of profit for til
money invested.
shaft in regular operation G
the Blue Wing Mine whic
is now down to below go feet and
showing an excellent quality of ore. II
second drift at 160-feet level in mai
shaft will be started this week follow
ing a well-defined vein and opening u
a solid ore body.
THE undersigned official bankers an
brokers for the proposition have Il
hesitation in predicting a solid, satisfa