Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1901-06-22
Mtning Items.

MtninR Items.
The new shaft that is being sunk by
the Willow Creek Mining company on
Lizzie mine two miles east of town is
down about forty feet
1t is rumored that the lost vein at the
Grizzly Bear mine, east OF Hill City, has
been found, and that large boarding
house will be erected and the mill start
ed up in the near future.
A car load Of machinery, consisting Of
Hendrie & Bolthoff combined gear and
friction hoist, boiler, etc, arrived here
last Saturday for the University Mining
company, and on Monday was taken out
to the company's property on Spring
creek. The machinery is said to have
capacity for sinking 600 feet. Every
thing is new and up TO date, and with
the installation of the plant work upon
the company's property will progress
rapidly in the future. A force of men
are at work erecting shaft house,
boarding house, and other buildings ne.
cessary to be constructed in the devel-
opment Of the property.
The stockholders owning a majority
OF the stock OF the Keystone Gold Min
ing Company, held their regular annual
meeting in the Raken & Dayis hall, Key
stone, Tuesday afternoon of last week,
and elected the following board of direc:
tors: Robert p. Scruten, A. f. Fay,
John Manion, A. P. Graham, Henry Ak,
ford and G. ]. Patton. Friday this
board met and organized, electing the
following officers: President, Robert
p, Scruten; secretary, c. J. Patton ;
treasurer, John Manion; superintend-
emit, George Bertschey, Jr. A resolution
was passed instructing the president and
secretary to demand of the old officers
all books. records and monies belong
Ing to the Keystone Gold Mining Com
pany.
SAGINAW STRIKES RICH ORE.
The Deadwood correspondent of the
Omaha Bee, under date of June l6, says !:
The Saginaw Mining company of Yale,
Mich, has encountered a rich ledge of
free milling ore nine miles north Of
Custer which is creating considerable
excitement in that district. The ledge
of ore is about four feet wide and it
averages about $40 per ton gold. An
assay was made this week that went
$500 per ton gold. There are four sepa-
rate ledges running parallel within a
radius of fifty feet and they all carry
free gold. 1t is one ofthe richest strikes
eyer made in the southern Black Hills.
1t iG to be thoroughly developed and a
mill and cyanide plant will be installed
this season. The company has large
ans cunt Of additional ground adjoining
bonded. The mine is located imme-
dialsly north of the North Star, which
is owned and is being operated by an
Omaha company.
q. q. NJ. co. ANNUAL MEETING.
The first annual meeting of the Uni
versity told NJ. & NJ. company was held
at the Office of the company in this city
yesterday. The board of directors was
elected, as follows: F. w. Bower, F. w.
Medberry, o. U. Pryce, V. G. Wass and
A. ]. Yerxa. The board is just as it was
last ysar with the exception of Mr.. VASE,
who succeeds Davis Ellis. The officers
elected by the board Immediately after
the adjournment of the stockholders
meeting are +. w. Bower, president
F. w. Medberry, vice president and
treasurer; o. U. Pryce, secretary and
d. ELLIS, manager. The reports Of the
officers show excellent progress made
during the first year OF the cohtpany's
existence. The company owns 80 acres
of mining ground in Lawrence. Pen
niugton and Custer counties, which is
being developed with promising results
A two, compartment shaft is being sunk
upon the company's Spring creek prop.
erty to develop we'll defined ore body
in what Is known as the Grand Junction
vein. This shaft will be sunk to depth
of 500 feet, and for that purpose an up
to.date hosting plant is being installed
capable of going down 600 feet. The
machinery arrived from Denver lasI
week and is being put into place as ra'
pidly as possible.-Pioneer-Times.