Fergus County Democrat. [volume] (Lewistown, Mont.) 1904-1919, 1905-11-28

of the Bullard Extension Gold Mining
& Milling company. This company is
organized for one million and a quar-
ter, $450,00O of which is in treasury
stock. Only 100000 shares at a par
value Of $1.00 have been issued to Sc
cure money for development purposes
and the ready sale Of the stockk has
enabled the company to make ar
rangements for the thorough exploit
alton Of the ground with the diamond
drill. To the west of this is the
Handicap group of three claims on
which pay ore has been encountered
and which joins the Horse Shoe claim
of the Barnes-King, where large ore
bodies have been outlined. The Pay
master group Of six claims is situat-
ed between the Abby property and the
Bullard Extension and covers a high
ly mineralized area. This entire vi
cinity is we'll supplied with water and
eAAS OPPoA luAAisy AO1 I1SdIIl6 Tie OIc
is excellent.
The Fergus Gold Mining company
owns number of claims to the east
adjoining the Bullard Extension and
the ground of the Queen Mining COM
pany. A diamond drill hole has been
sunk in the vicinity Of the line of the
Billiard Extension in which ore has
been found at depth Of 965 feet.
John A. Drake and the Fergus Land
& Live Stock company are the princi-
pal incorporators of this company and
Mr.. Drake has signified his intention
of thoroughly developing the property
and expresses his belief that large
ore body will eventually be outlined
TIL entire surrounding country even
beyond the foothills has been located
as the result Of the rich finds of this
season and an immense amount of de-
velopment work is already outlined
for the spring.
The Cyanide Gold Mining & Milling
company owns several claims adjoin-
ing the Barnes-King ground and a
strike has been made on the Cyanide
claim at a depth of $40 feet Of pay ore
in sufficient quantity and richness to
guarant good returns for treatment.
Marshal Field, Allen T. Reed and 9TH
ers of the Illinois Steel crowd lately
acquired 100000 interest in the prop
the townsite and considerable patent
ed land to the east. It is very prob
able that steps will be taken in the
near future to put cyaniding plant
in operation on this ground John A.
Drake has lately acquired the Nine
teen Hundred group of twelve claims
to the west of the Barnes King Gold
Mining company's ground and this
property will be put under immediate
development in the early spring.
This gentleman is also heavily inter-
ested whit local capital in the North
Moccasin Gold Mining company, op-
Grating what is known as the Santi-
ago property and this fall $4,000
worth of work is being done in order
to ascertain the extent of the ore
body. This work has met with some
success and it is thought that the
sinking of shaft for further develop
will ha nponoQncaH
this winter. This ground lies be-
tween the Kendall and the Barnes
King and is situated we'll under the
lime reef.
The Kendall-King Gold Mining
company holds considerable ground
to the south of the slum gulch of the
| is the owner of three claims which ad-
| joins the Kendall and the Moore prop
| critics. The Hedges Gold Mining COM
pany. a corporation, formed for the
purpose of working seven claims on
| the west side, own some very likely
| looking ground and assays of cyan
| shaft run as high as SIG. Over on Iron
creek Messrs. Waldorf and Draper
| own a silver and lead proposition car
| rying gold values to which it is very
| probable steps will be taken to erect
smelter. On North Plum creek the
| Arnold boys and others have formed
the Plum Creek Mining & Milling
company for the purpose of working
fourteen claims on which large body
of low grade ore has already been dis.
covered. This company is selling stool