Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1899-10-14
Mining Items.

1t reported that tin has been discov-
cred near Salida, Chaffee county, Colo.
RADIO.
The De Beers diamond mine in South
Africa is considered to be the largest
mining dividend payer in the world !;
it paid last year 81, ,6S7 300.
We understand that new contract
has been let on the Vigilsnte mine to
Deadwood parties who will commence
work in a few days. Fut whether
it had been determined to continue the
sinking of the shaft or run drift to
strike the vein from the present level
we have not been able to ascertain.
Some of the old mica waste dumps are
being overhauied, and are yielding good
and profitable returns in the way Of
mica for electrical purposes. The mica
mines which are being worked are
yielding handsomely AND as there is a
brisk demand for ali the mica that can
be mined, we suggest that it is about
time to bring in to play the many ex-
cellent mica prospects with which this
district abounds.
We learn from the latest issue of the
Black Hills Mining Review that the
rich strike made in the property of Otto
P. Grantz, just north of Lead City, is
still maintaining its phenominal rich
ness. 1t is said that ore worth as much
as $4,000 per pound has been taken out,
and that a car load Of % tons has been
shipped to the smelter at Denver from
which Mr.. G. expects to realize $50, 600.
Mr.. Grants accompanied the shipment
TO Denver.
1t is reported that Prof. Long of Chi.
cago has purchased five acres Of ground
at Mystic, near the junction of the Bur-
lington and the Dakota Pacific ON Castle
creek, and will put up an electro-cya-
nide process ofone hundred tons capa-
city to treat ores in that section. James
Hartgering of Rapid has the contract,
and work is 10 begin at once. The mill
will be 40xS0 on the ground, and viii!
stand four stories high. Great results
are expected from this process.
A new and what is reported to be a
rich strike in gold has been made by
Mr.. Adams ON location near Spokane
in this county. We were shown what
vas represented as a little better than
an average sample OF the mine, and
while it has the appearance of being q
rich telluride ore, the sample was well
sprinkled with bright particles of free
gold. The vein is said to be vertical
contact between quartzite and slate, and
the owner is developing the mine as
fast and far as his circumstances will
admit.
The "Big Five" company who have
been operating at Ward" in Colorado
for the last two years have $50 it lie re
ported) sold out to an English syndicate
under bond for two and a half million
dollars. The big Five" is a gigantic
corporation, and its holdings though
small at FIRST, have been added TO unit
now it has grown to snch magnitude and
richness as to command the princely
sum above mentioned. The stockhold
ers we hear are so well pleased with
their manager and secretary, who have
brought the >nterprise to its present
magnificent showing that they will stay
together, and are looking around for an
other good and promising group o
mines to conquer. A communication
has been sent to the secretary. inviting
him to come and examins the mines o
our district. and the reply has been re
ceived that he or some representative o
their company will be here as soon al
circumstances will admit. They want {
big property. and it is well. They
can't ask for anything bigger than We
are prepared to show them, and vi
don't believe they can find anything
elsewhere that is worthier of thei
lsteeI.