Omaha daily bee., 1902-03-10
MINING IN THE BLACK HILLS
Hidden Fortune Decides 10 Build On Mill
site at DeadwoOd.
GRANT, SUCCEEDS ST. ELMO COMPANY
University Exploits o Acres Near
ROchfOrd-BIOoay GuIch Group En-
lists the Alteration of Bx-
perts and Investors.

-
DEADwooD. g. D.. March s.-Cspeelal)
The annual meeting Of the Hidden For
tune Gold Mining company was held In
Denver last week and these directors were
elected: A. N. Stevenson, II. J. Mayham.
Herbert A. Shaw. Denver; George N. Nix,
Lead. g. D.; Otto r.. Tn. 0rantz. Deadwood:
A. H.. Marble. Belle Fourche, s. D.; J. p.
Allison, Thomas ]. Steele and r. w. Rise,
Sioux City. Ia. The directors organized By
the election Of the following ofacers: A.
N. stevenson. president; J. P. Allison, vice
president; K. ". Rice, treasurer: II. J.
hayham, secretary; George D. Begole. as
sistant secretary and treasurer; Thomas
J. Steele. general manager.
Among other matters Of Importance that
came up for discussion at the meeting OF
the stockholders was the location Of a
millsite. The company has had In view
for some time a site at Deadwood, one at
Belle Fourche and another on Castle creek.
In the southern Hills, A committee OF
four. consisting OF President Stevenson. Mr..
Grants. Mr.. Mayham and General Manager
Steele. was vested with authority to m
ploy a competent engineer to make q care
full search and decide the location Of the
mill.
The company has had its plans COM
Ra'SCN FhNa fNbuAh " AhC NuATHCNcT anu
site Of it's plant for q long time. II IL
settled that It is to be a 2OO-stamp mill
and a cyanide annex capable Of treating
1,OO0 tons a day. The ore will be treated
nrst by amalgamation. and submitted to
an After-treatmeut OF cyanide. II IL ex-
pected that the mill will be placed at Dead
wood. Thomas J. Steele was appointed
general manager, TO succeed George NJ. Nix,
who has resigned. Mr.. Nix continues a d.
rector.
Grants Gets = Charter.
A charter has been obtained from the
secretary Of state by the Grantz Gold Min
ing company, which succeeds the st. Elmo
Mining company under the reorganization
The incorporators Of the Grantz company
are: Otto p. IN. Grantz, George v. Afres
and Asa Baldwin. The company is capital
ized at $500. OOO. 1t is owner Of the st.
Elmo group Of thirteen claims In Penning-
ton county. near Harvey peak, and Sylvan
lake. The 81. Elmo was for a number OF
years the leading producer Of that part OF
the Black Hills. II has q ten-stamp mill
and It was supplied with a rich quality OF
free gold ore for several years, or until
deeper working became improbable owing
to the system that had been inaugurated.
The new company will sink q 0O-toot shaft
and develop the ore at depth. Mr.. Grants
IL president Of the company and will have
charge Of the work.
The University Gold Mining and Milling
company has bought 200 acres of mining
ground two miles from Rockford, Of Burt
Heath. The frat payment has been made
on the ground, and the company took pos
session last week. The property is stu.
ated near Rapid creek. and there is q large
millsite on the creek, easy Of access fFon
the mining ground. and with an ample
water supply. The Heath ground is de-
veloped by a lumber Of shafts, tunnels,
open cuts and test pits, opening up sew
ersl large bodies Of free milling ore. The
company sampled the ore carefully before
purchasing. the assays averaging between
81 and IS a ton. The University company
owned 900 acres OF ground in Custer county
and by acquiring the Heath group in Penn
lngton county Il has 500 acres all told. A
part Of the working force has been moved
up from the University mine. near oreviile
and active development commenced on the
Heath property.
Reduction of Custom Ores.
walter C. Brace Of Denver is In Dead.
wood representing a Boston syndicate that
contemplates the erection Of q cyanide
plant for the reduction OF custom ores. A
A0h mOutuo o8O EAroNAAOh NJ 0miAu Nol
in the Black Hills In the interest OF tbs
syndicate. looking up q favorable site. wher
he returned to Boston he had several loca.
lions to submit to the consideration OF hi
people. They have announced themselves
in favor Of D~eadwood. owing to the cen.
tralty Of the location relative 70 the largI
deposits Of lowgrade eyaniding ore. Mr.
Brace is here 10 ascertain II the visible
supply Of ore is suficient to warrant tn
building Of the plant, and ne will spent
several days canvassing the region. II hi
report Is favorable the syndicate viii BULL
q plant Of zbO-ton capacity. and It 10 ex
'pected that the treatment charges will b.
fixed at about IS a ton. options are hel,
on several sites In Deadwood. and Mr.. Brac,
will probably decide which is the bes
suited to the proposed plant.
A good body OF cyaniding ore has beeI
found on the property OF the Castle Rocl
Mining company. eight miles south OF Spear
nsh, In the spearnsh canyon. The ore wa
found In a tunnel. the face of the TUNE
being solid ore that assays better than 81
a ton. The stock In the company Is nearl,
all owned by spearnsh men, ana the dis
oovery OF the solid body Of ore has ereatei
considerable enthusiasm In the town. II 4
expected that the company will build
cyanide plant Of its own on the ground thu
year.
BtOody GuIeh Attracts AttehsioA.