Fisherman & farmer. [volume] (Edenton, N.C.) 1887-19??, 1899-04-14

Salisbury in wagons and ship
ped by rail to Richmond ant
Norfolk and thence by water
aud made to pay handsomely
Notwithstanding the immenst
expense of shiPmcn'.
"Now, the ore can be minec
tor 81 per ton, hauled TO ths
railroad one mile for less thar
ST. per ton. and shipped to tht
northern smelters for s. per tos
to Baltimore; S. per ton to New
ark, Constable Hook, Auson;s
and other buyers. s. that the
expense of mark eting the crude
ore is about s. per ton Five
per cent. ore has 100 lbs &c
per cent. ore has 200 lbs; Is pei
cent. o1e has 800 lbs; 20 per
cent. ore has 400 lbs, and 4o
per per cent. ore has 500 lbs. OF
copper to the ton. Copper, to-
day, is worth about IS cents per
pound, so one can easily calcu-
late the profit OF mining and
shipping over 5 per cent. cops
per ore crude to the s1nelters,
who arc only too willing to buy
it.
The gold contents of the ore
should pay for the expense of
shipping to market, and the bal
ance will be profit.
"There is enough ore in this
one vein to last 100 stamp mill
working tons to the stamp
per day, or 400 tons a day for
gold alone for thirty three years,
aud then only work the vein
down to 100 feet.
ITO work the vein for cop
per, one will have to 60 down
below water level and work the
ore for what there is in it. This
ore will pay to ship or to work
on the ground by water jacket
furnace or to refine it and sell
as ingot copper, or t" concern
trate and ship, or to ship crude.
The shaft IN the big CUT
is now full Of water. l am hav-
ing boiler, pump and hoist
at this shaft, and whe
completed and i'll working order
at the bottom, I will be able to
ship one car load Of 10 per cent
copper ore per day, this will
do inside of 80 days. In 90 days
can and will ship from 5 to 5
car loads per day and i'll six
l will ship 10 car loads
per day. I will have the work of
forcing the water from the shaft
to begin within a weeks time
and will get to tn: bottom in
less than a month, when the
of ore will begin.
ESTIMATING this vein thirty
feet thick, 5000 feet long on the
property, 5000 feet deep, would
make 10000. 900 cubic feet of
ore, this. at 10 cubic feet per
ton, would make 100000 tons
or ore; estimate only 10 per
cent. ore would make 100000,
900 pounds Of copper, and this
at IS cents per pound, would be
alone for The cop
in the one vein. Working 200
tons per day for 800 days per
year would take $50 years to
work the ore out.
"Calumet and Hecla is down
: 900 feet and more. This mine
is a baby by the side of this one
vein. There .are several other
veins of copper on the mine;
besides there are two or three
silver veins that from the top of
the ground down will pay to
work for the silver alone, as
some of the ore runs as high as
500 ounces of silver per ton, and
there is native silver at the bot
tom of the no foot silver shaft
on the mine, and this vein alone
rurs for one mile through the
property. There are also some
10 or more gold veins on the
property that run the whole
length of the property. In all
there arc not less than 10 TO II
miles of copper, gold and silver
veins on the property, every
foot of which will pay to work
for the contents of the veins.
"There is enough veiu inat>
ter on this one mine for 20 large
companies to work for more
than a century.
"The question naturally re-
solves itself IN the question
Why has this property been
permitted to lay idle since 1861?
1t is answered by the fact that
the miners were old men, did
not know what they had, wee
tied up by minor heirs and did
not have any one they could
trust to work the mine for them
and did not care to put the
money in to work it and have
been holding the property as an
investment for their heirs.
"T have not Oyer-Stated facts.