The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-12-25

|
which is one of the five properties, as
| above stated, owned by this company.
THE ellis Mine, about which much
was written and reported by mining en-
gineers before the Civil War, has two
shafts-one to depth of $50 feet deep.
Active development work will shortly be
commenced in the ellis Mine, where
large ore bodies are already exposed
ready for stopping and of quality as
surfing handsome profit resulting from its
production and reduction.
"Quoting from the report made after
an examination of the ellis Mine, DIR.
Emmons, above referred to, says: The
metal which the vein carries yields about
so per cent of copper. The vein car
ries, in addition to the vitreous copper,
red and black oxides of copper in a con-
tinuous belt running across the shaft.
The lode continues all the way down
to the bottom of the shaft. The vein
stone is porous quartz, stained and inn
pregnated with the green carbonate OF
copper.
AFTER the second examination of this
mine DR. Emmons said: Il now feel
confident that it would prove better even
than | was led to expect on my first eX-
animation. The indications which the
rock furnish prove this to be mineral
district of considerable Importance
Charles Z. Jackson, former assayer
to the State of Massachusetts, made eX-
haustive and commentators report upon
the ellis Mine. the original of which
an interesting document written by the
authors hand and ON file at the Boston
office of the company, 46 Congress
street-show his deductions to be con-
spicuousy confirmatory of all the opin-
ions regarding this property expressed
by a goodly number Of eminent metal
lurgical and mining engineers who have
examined it.
Prom the Blue Wing Mine three
average samples of rock were taken by
Mr. Susmann early in 1898 and assay
cd at the Massachusetts Institute of
Technology. returning respectively s93
per cent in copper. 1852 in copper and
15.9 in copper. 1t was also found that
the ore was remarkably free from arse
mic and anthony. which makes it an
excellent smelling ore. Silver is found
to be a b-product of appreciable impor-
lance in the Blue Wing ore.
~ recent certificate from Ledoux x
following results from samples taken
by them from carload of 1881 lbs;
Moisture (after drying), GAS per cent;
copper by eectrolytic silver $40 on.
TO the ton of 1000 lbs; gold, 0.01 or.
to the ton.
''The location of these properties be
ing close to the Atlantic seacoast, at a
distance of about 1871 miles from Nor
a.. oh
10 cents per day for minersD and the
climate, unlike any other copper pro-
ducing district of the country which
permits of mining ore every working
day in the year, together with the low
price of transportation, of supplies OF
all kinds. enables this company TO pro
duce copper at minimum cost Rich
copper ore in large quantities is now be-
ing shipped, several carloads week.
from adjoining properties owned and
operated by Boston mining engineers.
and is obtained at greater depth on
the same mineral belt in these other
properties.
'.Mr. Edward A. Bailey, of Boston,
who has several times accompanied the
directors of this company TO the mines.
SAYS in one of his communications 10
the directors. dated June 10th, 1898:
| 81 consider the general indications here
much superior to the run of Western
copper properties upon which develop
ment work is being vigorously and
successfully prosecuted. 1t is evident
| to those who have thoroughly investi-
gated that this copper section in North
| Carolina is soon to be rated as one OF
| immense value and great productive
capacity"
1.-THE undersigned firm have witnessed
| the effect of personal inspection by not
| less than 90 consecutive New England
capitalists, who, at their own expense
have visited and investigated the prop
critics. 1t would strike you, as it did u.s.
| as a significant fact that in every In
| stance these gentlemen were thoroughly
| converted to the merits of the company 5
| proposition and have become stock
| holders.
| 'The company has pursued the policy
| of allowing every stakeholder to look
| the matter up for himself, and as a re-
| suit we have placed about all the stock
| we desire to sell for the purpose of de
| velopment and erection of a local re
| duction plant in due time. We have
| a considerable sum of money in the
/ treasury at the present time, and pro
pose to prosecute legitimate mining
| business"