Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1902-12-18
IN and Hbcut the State.
'.,AcK HILLS MINES

nrIfts on the Neystono
f.ff Ss.rn company Organizes.
Sss been commenced by the
l sss,or Mining company . on The
Fel, ss,p. The vein was encoun-
es' ' ~eross-cut driven on the SOC.
and the company is now
hvs g. =, vein. preparatory to block
- An assessment has been
ore cents !. share. This is cal.
!. cover the expense OF the
.,o,story work that has been
pos,des the development work
~ IN the keystone territory,
I !. rerror company is also max
s ). TO the stamp mills. and is
Y ii its improvements on a bet
.osks ago the Mount Aetna
company set up a steam hoist
aat started near Keystone.
s racently been supplemented
~ 100 hump. The water has
lun,ng n faster than 1t could be
I'm An ordinary bucket. The
VIZ 80 undertaken deep explor-
Tbs working force has been
iataIy several new men haV-
~ clark has closed two deals
',,g claims that he owns near
the buyers being Chicago
~ york men. There are two
w !, the claims, and both are be-
ss,.syed for patent. Negotiations
N. properties have been under
~ nearly a year.
&c capitalists have taken q
= nurchase on the Golden Rod
~ lode, near Keystone, in which
= Keystone persons are interest
rrrther development work Is TO
INA and the property fully ex-
N before the expiration OF thu
srst meeting Of stockholders In
9aferu Gold Mining and Milling
INV, at Hill City, resulted In the
:oa Of the following Officers:
n croft. president; 0 .Mochon, first
resident; A. G. Stephens, secre-
\ I'd manager; ]. Mcdonald, treas
These, with r. e, Hawley, II.
ESalsn. Robert G. Hayes and Sam
|psscoe, constitute the directorate.
. company was only recently tncor-
atad. with O capitalization OF 81.
|M. divided into 100000 shares OF
N Of q par value of 81 per share.
\ designed to confine the heaviest
EshOIding to the employees and OH.
Il d the Burlington railroad sys-
Tae promoters are Burlington
n and they are assured Of import
financial assistance from other
h d the system.
|uAlngton men have owned the Red
\ property for several months. A
ksnnp mill was built early in the
/ and Is being operated for demon
HUa purposes. The property CON
l Of twelve claims a mile and a half
h Redfern station, on the Burling-
| and eight miles from Hill City.
sr Is obtained In various springs
Eilling purposes, and 1t Is esti-
bed that there Is sufficient for forty
The developments reveal a
] iOarteen feet in width, carrying
lbfmly good values in free gold.
! Teln may be traced 1000 feet
ms the company's claim, and a pam
II dirt and broken rock taken from
! point along the outcrop, yields
\ results In free gold. The body OF
shows a general value OF from 80
to $3.50 per ton from wall to
" Incline shaft on the Sunbeam
serty Is 100 feet deep, and the ore
Aa6 than before. The ore pos
ss . singular granular structure,
4 lmpTegnated with particles Of
silc gold. varying in size from that
lpin-point and barely visible to par.
= IS large as grains Of wheat. &C.
'nally wires Of pure gold are found
saga the ore. The vein Is over If
isst vide, and shows great regu-
y oil the way down. 1t shows an
sase value Of over $50 per ton, and
'hpie recently assayed SOC, 900 per
Inc Sunbeam Mining company
~oIganized for the development OF
'round. Friday gulch was one OF
.nenest placer regions In the Hills
V me early days, but it was not
lew years ago that men turned
sIention towards discovering
Iaasln OF the placer deposits.