The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1901-03-30
lake, a pond in the South Palouse river,


lake, a pond in the South Palouse river, |
In the southern part Of Colfax.
w. T. HaIes has taken bond on the |
Panhandle group for $4,000 and pro
poses TO begin work on II as soon as he |
gets back from Chicago.
The well known Rebecca, the princi. |
pal property Of the NespeIem district, |
South Half. Wash. Is reported to be |
under expert examination and 1t is be
lleVed that this may mean resumption |
on large scale before long.
Frank z. Jahnesse, superintendent Of
the Blue Jacket. the well known Finch
& Campbell property on Salmon river,
Idaho. states that the winters work
had given assurance that the Blue Jack.
ct is mine and may be a great one.
At LOOMS. Wash. an option on the
property Of the Milwaukee Palmer
Mountain Gold & Copper Mining com
pany, on Mount EIlmeham. has been
given to eastern people. The option lie
for 100000 cash and il will expire
April /.
At Kellogg. Idaho, a very promising
gold quartz discovery was made on Elk
creek few days ago. To learn the ex-
tent Of the find will be a part Of the
immediate work Of Al Page. who has a
bond on the claims an which the dis
coyery was made.
The Anaconda. on Red Top Noun
tain, near Colville, Wash, shows a
good vein Of galena ore Of very high
grade. An average across FIVE feet
Of the ledge at depth Of Is feet gives
nearly 90 per cent of lead and over %
ounces of silver. The ore is easily
handled by a crude smelling process
and will eventually be treated at the
mine in that way.
AT Myrtle. Idaho, reports from Up
per Trail creek are that Jerry Savage
and party have recently picked up sew
eral big nuggets, the largest being $43.
Some think that the head Of Trail creek
will produce $4,000 this year. Every
miner on the creek is wearing a broad
smile and is spending money freely.
Reports have just reached LOOMS
( that an important strike has been made
I in the Bull Frog tunnel. ". B. Reilly.
who brought the news in. stated that
when he was at the mine the miners
had just broken into a body Of excellent
| looking quartz. which had every ap-
pearance OF being a large vein and car
rying good values. This is thought 70
be the Phantom vein, the objective
point of the tunnel
The United States Marble company
has become a dividend payer. The first
monthly dividend Of a quarter cent per
share will be distributed TO stoekhold
ers March Is. The company is ineor
porated for 1900, 600 shares and the
dividend will consequently be $3,750
The company is a Spokane corporation
owning is claims of marble. onyx and
slate in Stevens county. Wash. about
eight miles west Of Valley.
The Leslie group of 10 claims lies al
the head Of st. Regis river. in Montana
just across the Idaho line. the property
having a magnificent waterpower and
an abundance OF timber. The Leslie
has been developed Systematically. and
with each foot OF work showed a good
degree Of improvement, until the strike
in the lower tunnel furnished a genuine
surprise to stockholders and the public
as well. copper values being substituted
by nearly exclusive silver and lead val
ues.
At Grangeville, Idaho. the indications
for an active mining season becom'
more apparent every day, not only ii
,ha a~r-aesaS f,4a1E;o- ~ sboca nnaraf
= ing in the county, but supplies are be
r ing contracted for and pack train
) laoded for distant camps. and there i
: quite a movement on the part Of pros
r pectors. many of whom are striking on
' for the different districts in which the,
= are interested. James P. Turner ha
been pushing work all winter on his BIZ
placer proposition on Newsome creek
He has that property in excellent shap
I for big run the coming season.
/. Word has been received by one OF tn
5 stockholders in the Klondike mine
= near Pierce City. Idaho, that strike o
e considerable importance has been mad
I on the mine Assays have been mad
e OF the ore and it runs little over 500
70 NlAN AOu III ENAu. hS hANAAAhN fANh
= erty is owned by Spokane and Wall
e Walla parties and has just been take
e over by the Klondike Mining & Millin
Y company from the Orc Elmo Quart
I Mining & Milling company at a hand
e some consideration, which has not bee
d made public.
k ]. D. Boyer, superintendent OF III
l. Gold Point Mining company's prope
l. ties in the Red River district, has LEI
e for Portland. where he will consu
n with the officers Of the company aboJ
n the erection of a mill and reductio
works on the property this summe
& Mr.. Boyer believes that the compan
a. has a great property in the Cops
n King, with its large ore body. and Il
n high values shown. and he has l
& doubt but that the company will CO
sc clude that the experimental stage
d development has been passed and Il
is time arrived for the erection of a nj
ID and the working OF the mine on lar
m scale.
d
~ Pig Iron Prices Raise.