, 1903-12-17
wolverine A SURE WINNER.
Lower cresseut Encounters Rich Deposit
Vein Gradually Widening With
pspth-valuss Inersass-Future Of
Property 10 Assured.

the Wolverine mine has been the
subject of numerous write-ups
during the summer, the property
and it's marvellous possibilities
have not been exaggerated or even
adequately described. 1t is now
sufficiently developed to justify
the statement that it is a mine
with an assured future. and will
al no distant day startle the min
ing world with its wonderful rec
ord of production.
The shaft has reached a depth
of lbs feet, the greater part of
the distance being in shipping
ore of excellent character. The
property is further developed by
five %cros-cuts intersecting the
vein from different points in the
shaft and by two drifts along the
vein-onc of 10 and one of %
feet,-all of which show pay min
eral, the vein where cut showing
from five to nine feet of black
oxides, glance and yellow sui
phides The lower of these Cross
cuts has just been completed to
the vein and has entered an i'm
mense body of ore that will as
say 30 per cent copper and 10 10
30 ounces in silver
About one hundred and fifty
tons of high-grade stuff has been
hoisted during the summer, part
of which is sacked ready for ship
ment, the balance being stored in
five large bins near the shaft
house. The total tonnage in
sacks and bins represents a gross
value at the mine of $4,000. In
addition to the high-grade miner
al the old dump contains between
200 and 800 tons of low-grade ma
teIial that can be protitably hall
died by concentration. All of
this ore has been taken out in the
curse of development work, no
stopping having as yet been done,
and is an index of what can be
expected when the property is
fully developed and put on a pro,
ducing basis.
Seventeen tons of ore WAS ship
ped to Chicago and brought the
company above all transportation
and smelter charges the neat sum
of $9l6. or at the rate of $500
per ton-a showing that can not
be equaled in any of the new dis
tricts and by but few of the older
camps.
The property is equipped with
IA complete steam plant of suti-
cient capacity to sink TOO feet,
large Cameron pump, the largest
and best shaft house i'll the dis
trict, comfortable and convenient
shop and timber framing room
and sufficient substantial build
ings to accommodate all employed
about the mine.
The Coldwater company, to
whom the property belongs, is the
strongest financial concern operat-
ing in this section, and it is the
intention to push development
until sufficient ore is blocked out
to Justify the erection of reduc-
ton works, when profitable min
ing will be assured.
The management of work at the
mine is under the direction of
Joe Montague, a veteran miner
of experience, whose careful and
business-like policy warrants a
successful conclusion of the en-
terprise.
A Times representative recently
visited the Wolverine property
and after a careful inspection of
the underground workings is able
to verify every statement made,
and is firmly convinced that it is
"A MINE we'll beyond the venture
stage, and with a future that
means millions of dollars to the
Pearl district, Colorado, and the
fortunate holders of its stocks
Pearl Mining Times.