The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1905-10-27

They instructed him to offer Bisbee
$1,000 for his bargain. He refused
Then the offer was raised to S., 900,
but that was refused. A third offer
carried still higher consideration
but was turned down. Some think
that the Great Northern is back of it
but others think differently. Three
drills are at work and encouraging re-
ports leak out now and then.
John Smithrecently leased his 100
acres in section 9, 62-13, for 25 cents a
ton and an annual minimum out put of
IS, 900 tons. The Oliver Mining com
pany secured the lease and drill will
start sometime the coming week.
Some negotiations are under way on
lands in 63-13, but details have not
yet come out.
The White Iron Lake Iron Co. has
been drilling all summer on section 8,
62-12. Quite body of magnetic ore
has been developed and as there is a
good hematiteformation on the pro-
perty. it is hoped that hematite will
be encountered as the drilling pro-
ceeds. Superior people are back of
this work.
The deal tn Section 30 is too recent,
and has been given sufficient publicity
to make any mention of that unneces-
Sary in this connection.
Duluth people recently secured an
option on lands in section 33, 63-14.
Pittsburg people, also, are reported to
have lands in that locality under con-
sideration.
The Tower News of last week also
brought forth some excellent news re-
garding the Tower group of mines and
properties. TIE News said:
That the proahesY made by mining
men during the past few months, to
the effect that there would be "some-
ting doing" on the Vermilion range
before long is about to come true is
now evident. Exploration work is be-
ing carried on at several different
places in the Immediate vicinity of
Tower and although no definite infor-
nation is obtainable it is learned from
fairly authoritive source that in at
least two of these places ore bodies
have been found.
On the Roy claim. where drill was
started to work several weeks ago, one
hole has been sunk 500 feet and the
drill is still working on the second
hole, which is now down 700 feet. A
body of high grade ore is said to have
been encountered at this place and the
report has been substantiated by the
fact that the Roy Iron Co., who have
options on the Roy and LaChance
claims, haye this week started a Sec
ond drill to work.
A good find has also reported to
have been made at Mud Creek, where
the Oliver Iron company is conduct
ing exploration work by drilling and
test pitting. Six years ago the Oliver
people spent upwards Of 100000 in ex-
ploring the same lands on which they
are now working, but were unable to
locate paying body of ore. Regard
less of this officials Of the company
still held to the opinion that the ore
was there somewhere If it could only
be found and as result OF this belief
work was again started early this
summer and now comes the report
that a big vein of high grade ore has
been encountered. Whether or not
this report is true cannot be stated
| positively but it is known that the
company recently acquired title to
other lands in that vicinity, fact
which would ad color to the authen-
ITCHY Of the report.
And owing to the new. finds
! alone will the credit be due for re-
newed activity on this part of the
Vermilion. At the Soudan mine
much new work is being planned, and
in some Instances already commenced.
No. 5 shaft, now 1900 feet deep, is to
be sunk 200 feet deeper this winter
and small crew of men are now en-
ployed in the preliminary work. Dia-
mond drills located big body of ore at
that depth several years ago but this is
the first attempt that has been made to
go after it,. Shaft No. II, located on
the side of the bluff just opposite the
mining office, and which was aband-
oned II years ago, is also to be re-op-
ened this winter as there is known to
be a good deposit of ore there. With
all this new work many more men
will be required and it would not be
surprising to see crew of 1000 men