, 1901-09-05
WINDSOR HOTEL, SARATOGA, WYo.,
Monday, Aug. 10Th, 1901.

Messrs JOHNSON & MAIN,
Secs Olympia Mining CO.,
1877 Il. Chicago Ave, Chicago, Ill.
DEAR SIRs;-
Yesterday / mailed a few lines to you
with Mr.. Lundgren's letter, but said
nothing much about what we have done
or observed while here. We are going
to have a directors meeting this evening
at the hotel. and as Bergquest, Ander,
son, Hogan and others are trying their
luck with the finny tribe 10 the North
Platte this afternoon, l will while away
the time by telling you about our trip.
Well, we stayed at the camp part OF
three days aud two nights. The new
road is quite an Improvement on the old
one, which latter we had occasion to go
over when visiting the Giant. The
claims of Baltimore, Olympia, and Bud
OF Promise are in straight lines East
and West, with Olympia in the middle.
Going into the tunnel of over 100 feet
we could see distinct seams of copper
ore on the walls and between the rocks,
though the main and paying vein has
not as yet been reached. But in the shaft
of about 30 feet on the top of the noun
tain, some 200 feet above where the tun-
mel is supposed to strike the vein, there
is already ore at the bottom of said
shaft in paying quantities if we only
had reducing machinery, but not rich
enough to pay to transport the distance
we have to a railroad. 1t is, however, a
wellknown fact to everybody In this
section of the country that the deeper
you go the richer the ore becomes and
that is why Lundgren is so anxious to
enlarge and continue the tunnel until it
strikes the vein at the lower depth indi-
Gated above. The Baltimore and Bud
OF Promise also show very distinct cop
per indications, though their respective
shafts are only IS to 20 feet, so that by
all say SOS of experienced miners there
is no doubt OF the copper. But how rich
it may prove to be is what nobody can
tell without digging and that is appar.
emily the only chance we and the stock
holders in general are taking, viz: wheth,
er it pays large or small. Such practi
cal experts and geol ogists as the Doctor
Burger said upon seeing specimens OF
the Baltimore that we doubtless were
upon the Ferris Haggarty vein, which,
as you know, is only IL miles distant
and proven to be the richest mine dis.
| .nuaral in roranf ,aars W., lp,,,, a.
Baltimore lies nearest the Ferris Hag.
garty mine.
There is a big hill on the the Balti-
more claim with nearly pure iron rocks
on the surface and supposed to hold
millions Of tons OF iron. which Mr.. Berg.
quest take great stock in, though / sup.
pose it will not be Of any great value
unless we had the railroad near by.
Shelters, however, must hayaLiron for
most of the copper ores for flushing and
it may become valuable in course OF
time for that purpose.
1t took us a whole day to visit the
Giant, for while that claim is only
about . miles distant from the Olympia.
as the birds fly, we were obliged to drive
some more than 20 miles around the
mountains in order to alleviate the
steepness either while ascending or DIES
cending. While Bergquest, who seems
to know all about it, and others agree
that the Giant will tnrn out excellently
Mr.. Lundgren is adverse to working il
Just now. as the first three claims men
toned will give sufficient occupation fol
years to come. What has especial,
surprised me is the knowledge ant
judgement Mr.. Carl o. Berequest il
possessed of in ore bodies, quality, kind
etc. This is not idle hattery, because i
expert miners and other observation
that | have been enabled to draw M.
conclusions from.
As to Selma, the ore is said not I,
be very rich, but a very large vein and il
eminently fitted for reducing works. w
visited Kurtz Chatterton mine Satur
day and the superintendent of the re
ductiOn plant told us that their min,
only held from . to 3 per cent. in cope
ore and after having gone through tn,
reduction work held 20 per cent. bu
that it paid well as a business proposit
ion at these figures, especially as Their
is nc end to the supply OF low grade ore
in their mountain, the same as the cas-
appears to be with our Selma.
On Friday, we visited the smelte
works at Encampment, stayed Their,
over night aud visited two other mine
Saturday, after which we arrived a
, Saratoga in the evening. In Encamp
ment | met an old acquaintance iron
Minneapolis, u Mr.. Rosander, who il
; dispensing wet ware at that place. Ii,
said people told him hat some Swede
in Chicago had valuable properties VI
by Jack creek and expressed his pleas
ure to learn that l was one of them
~ L.