The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1899-07-03

also finds silver and he keeps a shsrp
lookout for tin but as yet tin Is missing
10 the rocks which nre sent to the ASSAY
er. A tin mine might prove Of more prod
to some Maine land owner than deposl
OF gold.
Speaking Of gold again. suggests the
prevalent belief that no gold is mined In
Maine nowadays. That, say those who
are in position TO know, is not 50.
Somewhere In that region known in
definitely as Down East" there is
gold mine In operation and rumor has IL
that the operation of that mine Is proving
particularly profitable. Portland men
are said to be interested in the venture.
but they are not philanthropic enough to
take the world into their confidence and
II they are making the good thing which
Dame Rumor says that they are, they are
keeping their good fortune strictly to
themselves. The latest development in
the gold hunting Is the possibility Of ex-
tracing the yellow metal In paying
quantities from iron pyrites. Iron nv
rites IL yellow as gold, yet IL is not the
gold which 1t contains that gives it its
golden hue. That comes from sulphur.
Many lie the man who has seen the gleam-
Ing yellow of the pyrites and deIuded
himself Into the belief that he has found
a mine Of the metal for which men will
die in such places as the Klondike. The
dreams Of wealth which have been in
spired hy the shine of the Iron pyrites
might make interesting tales for story
book could they be collected. The pyritea
often does contain gold, but until lately
10 has not been possible to extract the
amounts usually found at a cost which
would make the venture paying one.
Now, however, the scientists claim that
pyrites carrying gold TO as low an amount
as five dollars ton can be worked with
profit. SO there Is some hope that the yell
low sheen of the bogus nuggets may
Jet be not entirely delusion and a snare.
But, after all, there is more hope for
the Maine miner just at present II hs
owns q copper mine than II he is the pos
SCISSOR of deposit of the yellow metal.
just now, there is great excitement In
Bluehill over the re-opsning of her IA
AAod5 OopRCE AnAutb WLcIe 0AhtHo lutbh-
tors sunk over 1900, 600, 10 or 20 years
ago.
The recent rise in copper values bring.
ing that metal from eight TO IS cents a
pound has caused the excitement, In a
measure, but the principal factor in the
revival is the authent ioated and proven
scientific fact that there is enough copper
In this Bluehiil ore to more than pay to
extract 1t by modern machinery.
In the minds of experts there is no
questionibut that the once famous Doug
lass and Bluehill mines are, under mod
ern methods Of mining, veritable gold
mines.
All sorts of stories are afioat but the
following appear to be facts:
Daniel Dunn. old miner, expert and
owner of large interests In ths copper
lands in question has never given up
hope, that the mines would pay II
worked by proper machinery. He has
pent year between Boston, New York
and Bluehill interesting capitalists.
The result is the formation Of the Con
solidated Mining Co., with him as presi-
dent and with s., 100000 shares of stock
as capital together with the Douglass
and Bluehill mines and all available land
in their vicinity.
Shares OF this company are now afioat
on the Boston and New York stock mar
kets and the eyes OF the old copper specu-
lator glints when he bears the name of
Bluehill copper. 1t recalls days when
that stock was at premium.
Preparati ons are being made to open
the mines. New machinery will be used
Bluehill is excited, The stockholders
are sanguine Promoter Dunn is the big
mora facts are asserted as truth.
Daniel Dunn, the promoter of the cop
per business in Bluehill, is an old miner,
skilled in all methods. A man far be-
yond the average in education and intel
ligence. he has always chung to the theo-
ry that there were millions in 1.-The Blue
hill and Douglass mines there, II the
people only had confidence enough in
him to invest in modern machinery. He
struggled and waited. The people who
had seen million dollars sink out Of
81 ght there were suspioious. They closed
their purses. Daniel Dunn acquired the
properties which went for song. Some
was sold for taxes and he bought IL in.
Others were abandoned. The great smelt-
ing works, machinery and milling equip
ment were destroyed by the elems ants and
man. The copper boom became only a
memory. But still Daniel Dunn bided
his time. He felt that eventually copper
would rise to be one of the most valu-
able metals. He believed all along that
the Bluehill mines, properly worked,
could return big profits.
Bis theory has met with approval The
Consolidated Mining Co., recently or.
ganized, is the outcome
Now all Bluehill believes in Daniel
Dunn and those who let the mining prop.
srty slip away in dark days are sorry.
So the search goes on and the optimis.
tic cling to their hopes that Maine may
one day be the scene of great mining in
dustriss. And the piles of rocks in the