The Kalispell bee. [volume] (Kalispell, Mont.) 1900-192?, 1903-10-16
The Molly Gibson Property at Libby
Looks So Good.
THAT OWNERS WILL DEVELOP
Mr.. Stephens Negotiating for the
McDonaId-Mckay Property -Dea!
About Observation-Disclosures Making
1t Great Producer-Good Place
for a Smeiter to Be Built.

Acdu COUNTY. Inc eALlDlL dLlTdCCeu
a good deal of attention. Referring
to the development of the property
the Libby News says:
During the summer considerable
work has been done on the property,
the principal part of which has been
in tunnel which was started we'll
down the mountain on the company's
ground. The object in running this
tunnel is to get under a shoot of ore
which shows on the surface further
up the side of the mountain and to
explore the intermediate portions of
the vein.
There was a good showing of ore
at the point where the tunnel was
started, but On opening the vein a
fault was uncovered and it was found
to be filled with country rock, with
here and there little mineral spat-
tered through it. One of the walls
has remained true and at times both
were in place. The last few feet
near the face of the tunnel show a
considerable quantity of ore coming
in and in addition the general appear
ance of the face of the tunnel war
rants the belief that the fault is
about cut out and that the regularity
of the vein will soon be established
again.
Both above this tunnel and below
it the vein shows on the surface and
in each place there is a splendid
showing of clean shipping ore. On
the upper showing the vein shows Tor
distance of couple of hundred feet
wide and on the lower showing it IS
about six feet wide. about two feet
of which is clean ore. In its entirety
the property has an excellent show
ing.
The Molly Gibson Mining company
was organized under the laws OF Mon
tana. 1t is capitalized for $15O.OOO,
divided into as many shares at a dol
lar each. OF this amount $4,000
shares have been placed in the treas
urv for development purposes. Inc
officers of the company are L. II.
Faust, president John Edgerton'
vice president: l. Hamburger, secre-
1ary and treasurer. The two latter
gentlemen reside in Helena and the
former resides in Libby.
IT is understood to be the inten-
ton of the company 20 make arrange
ments to continue the development
Of the property and the chances are
a force will be employed there all
winter. This company's property
was surveyed for patent several
weeks ago and the surveyor-general
has approved the surveyors notes.
A. G. Stephens, who is a represen-
tative of the Carter White Lead COM
pany. and who has been in the Lib
by district for the past six weeks in
the interests of that corporation. says
ne is negotiating for bond on the
sb-called McDonald-McKay property
on Leigh creek, says the Libby News.
The property is composed OF nve
quartz claims known as Homestahe
Nos. /. 2, 8, and 5. They extend
from Snowshoe creek across Lelgh
creek near the county bridge across
that stream and to the mountain be-
tween Leigh and Smerl creeks. The
nroperty is owned by Charles and
duncan Mcdonald, George Mckay
and Samuel Rateken, all residents
of Libby.
eyes, it is fact that I am negotl-
ating for the McDonald-Mckay prop
erty," said Mr. Stephens to a repre-
sentative of the Western News,
land the deal is about closed. I have
made a careful examination Oh II
and YOU may quote me as saving
that in % years of mining experience
embracing practically every mining
camp in the United States. BRUSH
Columbia and New Mexico, | nave
never, seen such a wonderful show
ing, From careful examination
along the entire vein I have received
results which indicate that with ex-
Dloration this pronertv will become
one of the biggest producers IN the
United States.
"The values are principally IN
gold. vet in places I find ore that goes
from one to five per cent in lead ana
al other places as high as 10 per cent
conner is obtained. However, what
base NV opinion on is this: From
TWO mill tests of the ore taken Tor
1000 feet along the course of the
vein the following returns We're re-
ceived: 5000 and s1765, or an
average of S13.47. These ale the
gold values. The ore for these teals
was taken from the surface OF the
ground and the vein Will run from
FIVE to Is feet in width. | VIII ado
that the mine got the worst OF the
sampling. In addition to these mill
tests 7 received s24S0. $66.3O, and
s46.2O in gold and these assays were
on several samples of the general
character of the ore and were not
picked specimens.
81 have taken up a water right or
Leigh lake at the head of the gulch
and some placer locations and othei
claims to cover surrounding g"ounc
and intend to carry on the develop
ment of the property on large scale
and subsequently anticipate making
it a great producer.
"The ore is base and viii require
concentration and smelling. How
ever. this to my mind is not diff
cult problem to unravel. In Leigh
creek there is a water power capa
BILE of providing power to run all the
machinery in Montana and this cal
be generated at trif1ing cost.
Across the valley is an ineXhauStiblt