Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1900-07-06
RICH LITTLE GIANT.
The Famous Mine Of Idaho County Sold
to a GrangeVille Corporation.


case at the Bargain Store in Grange
vile, perhaps the richest collec-
ton or gold ore ever brought to
this city. This collection was
brought out from the Little Giant
Mine at Warren about one week
ago, 10y Walter H. Hill, the min.
ing engineer, who has since that
time organized an Incorporation
known as the Idaho Little Giant
Mining Company, Limited, and
taken over the mine. The deed
to Mr.. Hill MS Trustee bears date
Of June II. and the consideration
is stated AS One Dollar although
the actual consideration as shown
by the revenue stamps is SlOO, 900.
This mine is we'll known to all
the cid residents Of Idaho county
a- being the only gold quartz mine
that has been in continuous opera
ton for a pc riod of seventeen years
since its discovery, and during all
these years has paid large divid-
end over and above working ex-
penses.
According to the best authorities
this property has produced over
$3.50, 900 in gold, and only some
23OO tons of ore have been milled,
the average value of all the ore
milled being in excess Of 500 per
ton. In the recent issue of the
Geological Survey Report on the
mines of Idaho, by DR.. Waldemal
Lindgrcn, there is an exhaustive
report on this property, accompan.
led by maps and illustrations.
DR.. Lindgren's report states that
this mine contains ore carrying
valuable minerals of tellurides, ant
that great deal of values tina
were in this ore were never savet
by the ordinary milling process
used. Some of the best expert.
in the country have examined thi
mine and pronounce it, not Onl,
one Of the best properties in tn
state, but that it has every ten
dency to continue a large produc
ton for many years. it is a tru
fssure vein in granite, and can b
traced through length of thrc
claims on the surface.
There has been u considerabl
amount of work done in surfac
development and a shaft sunk 23
feet on the vein; at the bottom q
this shaft there is but 100 feet O
drifting, which discloses lai
milling ore.
The new company will immedi
ately proceed to erect a new mill
ing plant, and work the mine in
systematic and economical manner
1t is officered by well known busi
ness men of Grangeville, J. A
Wilkinson of the Bargain Store
and President of the Board G
Trade, being President of the Com
pany, and Martin Wagner, Cash
ier of the Bank of Grangevillt
Treasurer, Walter Hovey Hill
who for a year was Supt. of til
Big Buffalo and other properties i
the Hump for Clark & Sweeney
and who has had a large experienc
as a civil and mining engineer
will be General Manager, and j.
Bennett, the well known expei
formerly with the De La Mar Mine
Company of England will be j
charge of the mine.
With these gentleman at tn
head Of this enterprise it is to i
supposed that they will soon hav
the Little Giant on the list as on
of the great gold producers {
Idaho.
The Company Is capitalized a
1000, 600 shares, fully paid an
non assessable, having par valu
of 10 cents. For the purpose ,
giving the people Of this section tt
opportunity to invest in it's min
! the Company have decided
place small block of stock on IL
market at five cents per share, on
half its real value, and at tn
writing this stock is being rapid
taken by our best business me
who know good thing when the
! see it. After this block is e
hausted no more stock will be sol
under its mar value.