The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-06-24
SALE OF THE BARKER
One of the Richest Gold Mines
in Western Ontario.
THE PRICE PAID $250,OO0
Capitalists in Duluth, Toronto and But
falo Purchase the Property of the
Barker Brothers-It- Is, Perhaps,
the Best in That Region.

Great Falls, June 23.-The report that
the Barker brothers of this city and
Neihart had sold their gold properties
in Wabigoon is confirmed by the Rat
Portage (ontario) Miner in the follow
ing article:
zone of the biggest and most i'm
portant deals made for some time in
mining property in western Ontario,
was made at Great Falls, Mont, which
transferred the rich gold mine known
as the Barker mine or mining locations
HW339 and HW453, to N. F. Hugo the
well-known capitalist of Duluth, and
some of his associates in Duluth, To-
ronto and Buffalo.
The price paid was $25O,OO0. This we
know, for the deal was brought about
through the medium of Donald
Keith the Well-known mining broker
Of Duluth and Toronto, and Fred j.
Bowman of Rat Portage both of whom
went to Great Falls to consummate the
deal.
While the price paid is big one, yet
the property is one of the best in west
ern Ontario, if not the best 1t has
splendid camps and a Tremain steam
stamp mill of a capacity of 10 tons per
day. The shaft is down so feet. At
that level stope 80 feet high was made
and from this shaft and stope, a very
small hole in the ground, over $1,000 in
gold was taken out the ore milling
$50 to the ton right straight through in
free milling gold, besides yielding a
heavy concentrate that assayed at the
Rat Portage metallurgical works from
$500 and upward to the ton. In addi-
ton to the astonishing gold product Ct
the mine, it's purity is remarkable, be-
ing $19.67 fine to the ounce. OF 81 less
than absolutely pure gold. In this par
ticular the Barker mine is ahead OF any
other producer in Ontario. The only one
that approaches it for fineness of gold
product is the Triggs mine, which
yields gold of 1887 fine to the ounce;
while others produce gold like the Alice
A of s14; the Mikado, Regina, Sultana,
at about SIS, and the Olive and Golden
Star, about SIS to the ounce fineness.
The Barker mine was discovered
about three years ago by the half
breed, Isaac Saunders, and his Indian
son-in-law, Frank Sky, who were as
ISOLATED with prospector named w.
A Woodward. About a year ago j. c.
E. Barker, one of the Well-knoWn and
prominent family of mining men IN
Montana, came out here, and after
pretty careful investigation of the many
prospects in the Lake of the Woods,
Saw Bill. Island Falls, Lake Sheban-
dowan, New Klondyke and Manitou
districts, selected this property as be-
ing the most promising in the region.
His Judgment of the mine was backed
up by an experience of 80 years OF prac-
teal work in the mining line. suisse
quent development work corroborated
his first estimate Of it's worth His es-
innate of the property was also con-
firmed by the examination Of 1T by MS
brothers, D. l.. s. Barker, president
and general manager, and Edwin }.
Barker secretary and superintendent
of the Big Seven mine. Neihart, Mont,
which is one of the heaviest producers
in that state.
The recent sad death of Edwin j.
Barker who was killed in railroad
accident near Waterloo, Ia, and the
extensive mining interests held by the
brothers in Montana and other west
ern states and in Old Mexico, has COM
PEELED these experienced and enterpris-
ing men to temporarily surrender act
i've interests in western ontario, al
though they still have holdings here,
and intend so soon as their affairs can
be gotten in shape to again become &C
lively interested here. While holding
such extensive interests elsewhere, all
of the Barker brothers have great faith
in western Ontario, and nave no neSi-
fancy in asserting that it is bound to
become the greatest and richest tfee
milling gold mining region in the world.
The Miner sympathizes deeply with
the Barker brothers in their sad ne-
reayement, which is shared by all IN
whatever locality they are known. And
we are glad to be able to say that the
transfer of this great mine to Mr.. HUI
go and his associates does not mean
that they intend to withdraw perma-
nently from the country, and we hope
at no distant day to be able to chron.
icle their return, prepared to actively
engage in the business of gold mining,
as their ripe and varied experience
means much for the veal of our gold
fields.
The new owners Of the property take
| hold of a mine that has proved its
worth, and being possessed of ample
means, will at once equip the mine with
compressors, drills and hoists, and will
push development on a large scale. The
present stamp mill will be supplanted
by a gravity mill of 10 or 20 stamps, as
there are five parallel veins on the
property, all of which contain gold in
paying quantities and can all be oper-
ated from the present
The mine is to be at once capitalized
for 81 100000, but it is not likely that
very much stock will be offered the
public in the Barker mine, none Of
which will be offered for some time,
! and when it is offered 1t will be at a
figure close to par value.
The Miner being familiar with the
| ms and outs of this rich mine, can
confidently assert that the next big
producer of gold bullion in western On
| tario will be the Barker mine, and it
will not occupy a second place among
! the big and coming producers of this
| wonderful mining region, now forging
rapidly to the front among the great
| camps of the world.