The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-05-14
SOUTH DAKOTA
OLSON IN The HILLS
Former Minneapolis Man 1nvesti-
gates q Promising Low Grade
Mining Proposition.
Hardin, Representing New Workers,
Makes a Heavy Deal in the
Bear Butte District.
Special to Thu Journal.

Standard Gold Mining company made its
regular semimonthly cleanup the past
week. and bar Of bullion weighing I'll
ounces and worth about 81, 500 was depos-s
tied in the United States assay office at
Deadwood.
The Spearfish Gold Mining and Reduc-
ton company Is running its cyanide mill
regularly and making two clean ups every:
thirty days.
The Ak-Sar-Ben Gold Mining company
has been acquiring additional territory on
Annie creek. S. e. Olson of Minneapolis
has been here several weeks on an hives
tgation OF the company's property, with
which he announces himself highly
pleased. He has gone into the merits Of
the property fully and has become familiar
with the formation, the ore measures, ex-
tent OF ore bodies and the general value
and character Of the ore, all OF which
point to the making Of one OF the best low.
grade mines In the country.
GALENA, s. D.-A mining transaction
rivaling In magnitude and importance any
that has been negotiated I'm the Hills this
year has been closed in the Bear Butte
district by the sale to James D. Hardin
representing New York and other eastern
capitalists. Of the properties, improve
ments and franchises Of the Galena Mining
and Smelling company There are about
1000 acres Of ground in the property, the
greater portion of which is held under
United States patent. The title to the
rest is secure, held under annual assess
ment. The deal was closed April 25
The following properties are included in
the transaction: Union Hill group Of nine
claims. Eureka group of seven claims,
Maverick group OF seven claims, Baltimore
group Of eighteen claims, Branch Mint
group OF six claims, Butte group of four
claims, Stockholm group OF two claims,
Melba group Of thirteen claims Harrison
group of eight claims, Sterling group OF
three claims, Clare group Of seven claims.
Colette group Of three claims, Old Abe
group OF eleven claims, Gold Bug group
of six claims, Bullion group of seventeen
claims. Calumet group of five claims.
Black Prince group Of three claims. Ma !,
rion group OF three claims, Viola group of
eleven claims Denton. group of five
claims. Richfeld group of twelve claims.
Bryan placer, Union placer, 4Galena placer
and Budchock placer
Mr.. Hardin has behind him capitalists
VINO intend to organize a company and
undertake the opening up of the property
by vast system of development work.
DEADWOOD, s. De. M. Holbrook is
to, be Installed as general manager of the
Horseshoe Mining copany June 1, resum-
ing a position that he resigned last jan
uary, and succeeding w. L. MCLAUGHLIN,
l. This is in pursuance of. an agreement
OF the directors, entered into at the Mil
waukee meeting, conditioned upon Mr..
f1olbrook's success in floating the $500 900
bond issue with which to raise funds for
the compile tioHSSof the work Of improve
ment. ~ . 80, - ~ ~
It is announced that the new Horseshoe
cyanide plant at the Mogul mine in Ruby
Basin, will be ready for running on or
shortly after July /.
It is considered likely that the Horse
shoe, .snnelter, called the National snelter
at Rapid CITY, will be started some time
this summer.
TERRY, s. D.-Stockholders in the Iron
Creek Mining and Development company
elected w. H. Disney. president; Walter
dy, treasurer; B. A. Coleman, secretary
and general manager; C.. A. Carlson mine
superintendent; A. Cleghorn. w. w. Quill
liam. w. L. Mitchell w. H. Disney and
J. E. Stewart. directors.
The company owns a group Of claims
along Iron creek, west of the Spearfish
canyon, in Lawrence county. on which
machinery Is to be placed for the pur-
pose of carrying on development work. A
I shaft has been started.
There is big mining deal pending in
the Iron creek region, In which several
hundred acres Of mineral land is involved
Major A. j.. Simmons has obtained the
bonds, in behalf of eastern persons, who
intend to expend large sum.
| ROUBAIx, S. D.-The Homestead Belt
Gold Mining company has lately been or
IEanized by Black Hills and New York
men, for the purchase Of Peter McGuire's
property. consisting of 200 acres Assays
taken on the ore show values ranging
from $40 to $1,136 a ton. G. H. Dunbar
1 Of Watertown. N. T., is president of the
company; F. w. Bower, Deadwood. vice
president; Delos S. S. Dunbar, WATERFOWL
IN. Y, secretary treasurer.
The property is one of the best known
| in that part of the Hills and has beer
j held hv MIR Mc(SllirA. for wears