The herald-advance. (Milbank, S.D.) 1890-1922, 1902-12-19
In and Hbout the State.
A HILLS MINES,
' Terror DrIfts on the Keystone
o~dFarn Connanv Oroanized-

~ TArror OrlTc0 on .tne keystone
U..-Redfern Company Organized.
nriftpg has been commenced by the
II Terror Mining company on the
r.v.tone vein. The vein was encoun.
s~ad Nv a c~ross-cut driven on the 900
At level, and the company is now
[nening the vein. preparatory to block.
out ore. An assessment has been
We'd Of 3 cents . share. This Is cal.
dated to cover the expense of the
.st exploratory work that has been
Iegun. Besides the development work
Inder way in the Keystone territory.
"a Holy Terror company is also max
60 repairs to the stamp mills, and is
luttine all its improvements on q bet
er basis.
4 few weeks ago the Mount Aetna
lining company set up a steam hoist
the shaft started lear Keystone.
mis- has recently been supplemented
= 4 sinking pump. The water has
Ieen coming In faster than it could be
fled with an ordinary bucket. The
(ompany has undertaken deep explor-
lions. The working force has been
Increased lately, several new men hay
pg been put on.
James A. Clark has closed two deals
\ mining claims that he owns near
E~eystone, the buyers being Chicago
nd New York men. There are two
Proups Of the claims, and both are be-
ia surveyed for patent. Negotiations
or the properties have been under
ray for nearly a year.
Chicago capitalists have taken a
bond or purchase on the Golden Rod
mining lode, near Keystone, in which
(everal keystone persons are interest
IA. Further development work is to
be done and the property fully ex.
blored before the expiration Of the
bond.
The first meeting of stockholders in
he Redfern Gold Mining and Milling
company, at Hill City, resulted in the
election Of the following officers:
John Croft, president; o .Mochon, first
ice president; A. G. Stephens, secre-
(ary and manager; J. Mcdonald, treas
hrer. These, with r. e. Hawley, H.
Mcclellan. Robert c. Hayes and Sam
lei Pascoe. constitute the directorate.
Che company was only recently incor.
borated, with 4 capitalization Of ST..
700, 900, divided into 1000, 900 shares OF
btock Of a par value of 81 per share.
Is designed to confine the heaviest
)~tockholding to the employees and off,
Eials of the Burlington railroad sys-
lem. The promoters are Burlington
men, and they are assured of import
int financial assistance from other
men Of the system.
Burlington men have owned the Red
lern property for several months. A
nve-stamp mill was built early in the
(all, and Is being operated for demon
btration purposes. The property con-
lists Of twelve claims a mile and a half
rom Redfern station, on the Burling.
Water IL obtained in various springs
or milling purposes, and it is esti.
mated that there is sufficient for forty
stamps. The developments reveal a
Fein fourteen feet In width, carrying
Uniformly good values in free gold.
The vein may be traced 1000 feet
ecross the company's claim, and a pam
Pul Of dirt and broken rock taken from
my point along the outcrop, yields
good results in free gold. The body Of
pre- shows a general value of from 80
cents to $3.50 per ton from wall to
wall,
The incline shaft on the Sunbeam
property is 100 feet deep, and the ore
. richer than before. The ore pos
Pesses q singular granular structure,
md 10 impregnated with particles OF
metallic gold, varying in size from that
p Z pin-point and barely visible to par
flcles as large q grains of wheat. Oc-
casionally wires Of pure gold are found
through the ore. The vein is over fif-
!een feet wide, and shows great regu-
larity all the way down. 1t shows an
average value Of over $50 per ton, and
sample recently assayed SOC, 900 per
Ioa. The Sunbeam Mining company
Va organized for the development Of
.ae ground. Friday gulch was one Of
.ne richest placer regions in the Hills
turing the early days, but it was not
cnul a lew years ago that men turned
.lelr attention towards discovering
s0s origin of the placer deposits.