The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1905-10-05
Copnsr Queen Sold

The sale Of the Copper Queen group
Of mines, a report of which We repro
duee from the Dillcn Tribune Of last
Friday. Is one of the most important
deals that has been coaSummated In
Lemhi county for several years. The
property is about three miles from
Cold Spring station, and is less than
a mile this side of the Montana line.
The development planned and the
erection OF a 100 ton smelter will give
employment TO large working force
and the transportation OF machinery,
will undoubtedly be done by Lemhi
county freighters, besides furnishing
a market for produce, etc. The ar
ticle follows:
''rhe Copper Queen group OF mines,
near Cold Spring station, Lemhi
county. Idaho, changed hands today.
They were bought by Duluth capit-
alists who have organized the Copper
Queen Mining and Smelling COM
pany, capitalized AT 500, 900 shares at
the par value Of sl.00 each. They
will begin operations at the mine at
once
This mining deal has been on since
last spring. The property has been
visited several times by mining en-
gineers and experts whose united re-
ports were SO favorable that j. Z.
Me Fadden, Of Butte, who promoted
the deal, had no difficulty in inter
esting Duluth capitalists who are
the largest subscribers for stock.
There has been already sold 100000
shares OF the stock at par, the mon
ey has been paid In and Is In bank
The company takes over the three
patented mining claims, the Copper
Queen, Blue Bird and Gold Flint,
owned by II. T.. G Lynch, OF Nova
Scotia. Mr.. Lynch is well-known In
Dillon wbele he has many friends
and acquaintances who will congrat
ulate him upon his good fortune.
This group of mines Is well-known
in this part OF the state and Is we'll
thought OF, many persons always con-
tending that there was the making
OF big mine there-all 1t lacked be.
ing development. The mines have
been under lease and bond for the
past two years to Poindexter and
Haw. Their lease and bond was
bought by the Duluth company and
these gentlemen received a hand
some sum for the same which amply
repays them for the development
work they have done.
! This mining deal means much fol
that mining district, and this coun
ty, being In such close proximity
will be greatly benefited in many
ways. All the supplies for the min,
will have TO 90 in via Bedrock.
The new company will begin al
once to sink 400 foot shaft and will
drift at each lO0-foot level and eX
pect to open up stopping grounds suf
ficient to supply a I00-ton smelte
| WillCu Will NC Duiit cary bOAs teui
A crew OF Is or 20 expert shaft meI
will be put at work at once, undel
the supervision OF A. X. McDaniels
mining engineer of the Boston
Montana Co., who will be the super
intendent of the new enterprise.
The capacity of the present concen
traitor will immediately be increased
by the addition Of new and improved
machinery, to the capacity OF 10
tons per day. New buildings viii
also be erected for the men.
The extent OF the operations to b.
carried on by the new company ough
to he an induceTent and an incentiv
for the building Of that long talke,
OF railroad to the Salmon river.
Mr.. McFadden, who promoted thi
deal, is former newspaper man
For 10 years he hunted the elusiy
news story, but FOR several years pas
has devoted his time to mining mat
ters. The Copper Queen is the sec
ond enterprise he has handled durin
the past year.
Mac" Is full OF enthusiasm an
when he gets bold of promisin
property he never lets up till h
lands 1t.
The Copper Queen was discovere
and located June %, 1883 by Sbarke
& Chamberlain, OF Idaho. All OF I'll
development work has been done o
the Queen and the Blue Bird vein
The Queen has five tunnels from j;
to 450 feet in length. The five tut
nels show a continuous ore body Il
800 feet through the four tunnel le
els. The ore bodies are richer az
larger In the lower workings than
the upper. No copper mine ev'
opened up. ever showed as large p
centage OF gold as by product ;
the Copper Queen.
There has been about s25, 000 MOI
OF ore shipped TO the Butte smelte
from this property. The copper va
ues as sampled at the smelters, n
from Is TO 40 per cent copper; 500.
to s35 90 In gold and from 10 TO
ounces in silver.
On the Blue Bird the shaft is dov