The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-05-20
IN LIBBY.
important Mining Deals Made-Work on
the Snowsloe.

the snowshoe.
Special Correspondence of the Standard
Libby, May 1.-THE past two weeks
have been important ones in the history
of Libby, for in that time the final pay
ment on one of the big mining proper
ties near the place and the initial pay
ment on another have been made. The
final payment, amounting to $4,000,
was made to the original owners of the
Snowshoe mine early in the month,
and the title to that big property now
rests absolutely with the Snowshoe
Mining company. The mine sold for
$150,0O0. The initial payment on the
group of claims on Shaughnessy hill,
heretofore known as the Buzz Saw
group, but now as the Libby Creek
Mining company, was made a few days
ago, but the amount has not been made
public. 1t is generally supposed that
the deal has been made on a basis of
$4,000, and the payment of the first in
stallment of the purchase price, to-
gether with the amount of work which
is being done at the mine, leaves no
doubt as to the intentions of the COM
pany to operate this property.
AT the Snowshoe mine there are en-
ployed between so and 100 men, and
work is being prosecuted vigorously in
all parts of the mine. The main tunnel
is in over $500 feet, and is being driven
at the rate of about eight feet day.
Work is being prosecuted in the double
compartment winze which is being
sunk from the main tunnel, and the re-
suits obtained have been very crafty.
ing. This is now down about $50 feet,
and there is about IA feet of good con-
ccntrating ore in the bottom of the
Wine. This is the first attempt to gain
any depth on the property, and so far
as they have gone it bears out the the
DRY of Manager Howard C. Walters
that the tunnels and drifts which have
heretofore been run on this property
have been run along the top of an i'm
mense body of ore. The average width
of the Snowshoe ledge has been about
five feet, while in the bottom of the
winze it is IA feet. The mine has been
recently equipped with Rand drills and
an air compressor. An electric light
plant has also been put in, and the
mine, bunk house and offices are now
lighted by electricity. A telephone line
has been built connecting the Libby
office with the office at the mine, dis
lance Of IS miles, and considerable i'm
provement has been made in the road
between the two places. The concern
traitor, which has a capacity of $50 tons,
has started up the past week, after
having been idle all winter on account
of lack of water, and will be steadily
run from now on. The payroll of this
company at the Libby office will vary
from $1,000 to $4,000 every month.
The United States & British Column
bia Mining company, which has been
operating the Buzz Saw group of mines
on Shaughnessy hill under bond for
some time, have made a payment on
that property and the force has been
increased at the mine. This company
has its headquarters in Kansas City
mi N of hn
Western states and is represented in
Libby by J. M. Dikeman, who has
charge of the properties here The
mine is being developed by small
force at present but the principal work
is being done in the erection of the
buildings for offices, bunk house,
stables, concentrat tor, etc, and in the
construction of a three-mile flume to
convey the waters of Granite creek to
the concentration which is to be erected
at the mouth of the lowest tunnel on
the property. The company has one of
the finest water rights in the state, the
supply not being affected by the sea-
sons, and they are building f1ume two
and a half by three feet which will de-
velop about 500-horse power at the mill.
A sawmill has just been put up at the
property and it is cutting 10000 feet of
timber every day, and as fast as it is
cut it is being put into the various
cuttings winch are III course OF Gull
Struction. The mine is opened up by
seven crosscut tunnels, the longest be-
ing $50 fet in length, and the ledge will
average about four feet in width and
the tunnels have exposed continuous
ore body 1900 feet long. The ore aver
ages about $11 to the ton and will con-
centrate at the best advantage ten into
one, making the concentrates run about
s110 to the ton. THE values are in gold,
silver and lead, and the gold values in
crease with depth. The concentration
will have capacity of 100 tons a day.
The distance from Libby to the mine
is about eight miles. This property is
hereafter ito be known as the Libby
Creek Mining company, though it will
be operated by the United States &
British Columbia Mining company.
Sisters Sue for Divorce.
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