Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1900-06-02
Mining Items.

The rich ore encountered in the New
ark, mentioned in last weeks issue now
covers the entire bottom of the shaft.
The locator Of a mining claim any
time in 1900 has until December 81.
1901, to do the required 500 assessment
work.
The machinery for the new hoists,
crushers, Concentrations and pump on
the Spokane has been placed in position
and drifting, sinking and treating the
ore has begun.
Application for patent does not alb
solve or relieve the claim owner from
requisite annual assessment work.
When the application is made the mat
ter should be put through with all pos
sible dispatch.
The Holy Terror mine Of Keystone
paid a dividend of one cent a share last
month, amounting to FIVE thousand dol
lars, making a total paid during the
present year of $4,000, and a total 10
date of 1887, 900.
The Homestake has paid $4,000 in
dividends this year SO far. and has paid
altogether S 1858. $50. The stock is
quoted at $50 and $55 on New York
Exchange, although no sales have been
reported for months.
Rosenbaum & Weatherbee are sink
ing and timbering a new shaft on the
Gold Hill. In the new workings they
have exposed q large amount of very
rich ore, some of it is literally sprink-
led with free gold and sylvanite.
Work has begun on the Mayfower.
Two shifts will be employed in sinking
until the 100 foot level is reached when
the force will be increased so as to drift
along the vein both ways from the
shaft. Preparations are being made to
put in a hoist aud pump.
The North Star hays their new hoist
and air compressor complete and in
operation. Sinking will be continued
from the bottom Of the 100 foot shaft
until q depth Of 800 feet is attained.
Levels will be run at 100, 200 and 800
foot. The lowest workings on the
vein are now in good ore, some Of it
will run up into the hundreds. The
character of the ore is white quartz
carrying free gold. pyrite and tellurides.
The demand for mica mines and mica
still continues. Nearly every day there
are new arrivals looking for Investments
in mica. The attraction in mica mining
is that it requires no capital to start
with. Mining for mica is more nearly
like placer mining in this respect than
any other kind Of mining. Since our
last Issue three more mica min5e have
been started up. Several others are
preparing to begin work.
The contractor hauling ore from Iron
Mountain to Keystone is now deliyer'
ing one car load of ore per day. Mr.,
w. w. Hinton, general manager of the
company, will arrive about June 9Th,
when the Output will be materially in.
creased. The B. & NJ. officials are look
ing over the ground over which the
extension from Keystone will be run,
Construction work will probably begin
on this branch very soon.
F. C. \. Graydon is placing a boiler,
engine and steam drills on the Mon
arch mica mine recently purchased by
him from Hi Orr. The outcrop of mica
on the Monarch is particularly favor.
able for open work with power drills.
The mica vein is parallel with the hill
side, which has a declinstion of about
45o, afrordlng an excellent dump for all
time to come. The mica in the vein is
quite plentiful, large books and Of an
exceptionally good quality. Mr.. Gray
don is to be congratulated in getting
such a good property to begin operations
on.