The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-10-31
MICHIGAN
LAKE SUPERIOR COPPER
Two Hundred Fifty Tons Of the Red Meta
't# - Are Produced Each Day.

Two Hundred FIFTY Tons Of the Red Metal
- - Are Produced Each Day.
,HOUGHTON, MICH.-The lake mines
are now turning out refined copper at the
rate of almost exactly $50 tons a working
day, the bulk of the production being
smelted locally, although a good part Of
the crude mineral of the Calumet s.
Hecla is sent to the Buffalo refining works
for reduction. Unlike last year, there
has been no considerable amount Of re-
fined copper collected at any one time in
the lake district, as all metal has been
forwarded almost as rapidly as smelted.
The close of the season Of lake navigation,
due this month, will find the wfaaryes Of
the lake smelters almost or quite bare of
copper, and it is probable that the all
rail shipments Of the past three winters
will be continued.
Statements appearing in Buffalo news
papers, and telegraphed from that point,
to the effect that the Calumet & Hecla
was begging to be let into a combination
with the Copper River Copper company
and the Garretson Pyritic smelter COM
pany are absolutely without foundation.
The Calumet & Hecla has always stood
alone, and will always continue to stand
alone, until there is a radical change in
management, which Is not at all likely,
as the men in control are representatives
of family interests that own outright
more than half of the stock. The Copper
River company is behind the projected
Alaska Central railroad.
All diamond drilling has been discon-
tinued at the WyandOt property. The
Winona mine, adjoining, is continuing de-
velopment work, and Is to have complete
mill test of it's rock soon. At the Elm
River property very little is being done.
The new mill Of the Trimountain is
fairly in commission, and with a few
minor defects, which are being remedied
as rapidly as possible, is giving excellent
satisfaction.
! It would not prove surprising were the
Centennial to arrange for the use Of one
or two heads at the Arcadian mill, as
these will soon be released by the Tr1-
mountain. The Centennial has opened
two shafts on the Kearsarge lode, one of
which Is nearly a half mile in depth, and
| has slopes of good milling rock available
for use whenever desired.
Explorations at the Ahmeek continue of
an encouraging nature. The Phoenix is
| arranging to begin production as soon as
| the one. stamp mill can be completed, and
has a large stock pile of high-grade stamp
rock OIL hand.
For the completion Of equipment and
other necessary work the Champion mine
| will require about 100000, which will be
furnished in equal shares by the Copper
| Range Consolidated and st. Marys Min
| eral Land company, the joint own
ers. This will make total invest
ment Of almost exactly two millions OF
dollars for the opening and equipment OF
| the property, which figure is about high
water mark in the lake district. The enor-
! nous value and wonderful possibilities OF
! the Champion, Trimountain and Baltic
mines are beginning to be understood. even
! by those who formerly spoke of them as
good little Mines
| The matter Of organizing a local stock
! exchange is receiving serious considera-
ton. If formed, it will be composed OF
! men of sufficient standing and capital tc
assure the confidence of investors.
The likelihood of a. dollar assessment
| on Mohawk is rumored. The president
| says no such action has been considered
Officially otherwise, by the directors
The Mohawk will begin production II
about month, there having been the
usual annoying delays in the receipts OF
machinery for the mill, and Is certain to
| prove a highly valuable property.
The Baltic lode has been reached by
| No. shaft of the Trimountain. Diamond
drill Operations at the Globe tract. next
south Of the Champion, give results of an
encouraging nature. It is stated. appar-
entity on good authority, that the present
earnings of the Tamarack show a ma
terial decline from the earnings Of last
year. and the likelihood Of a dividend
| seems small.
The output of the Mass Mine for o.
| tober Is believed to have exceeded LIE
| TONS which is a good showing for a single
stamp. The daily shipment Of rock to the
| mill average about $40 tons.