Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-04-26
JOHN A.DRAKE
MUCHPLEASED
Thinks the North Moccasin at Ken.
dali 10 Going to Prove a
Winner.
LEAVES HENRY RAE IN CHARGE
Will Develop Ground ThoroughIy-
Gold Reef Mines Never In Such
Good Shape as at Present.

Il am very well pleased with the
North Moccasin property" said John
A. Drake to the Argus Sunday, after
his return from Gilt Edge and Ken.
dali. "You may say that we are go
ing right ahead with the development
work at the North Moccasin, and shall
also do some more diamond drill work
We are not going to build mill there
just yet. My policy is to develop a
certain ore supply first, and then 60
ahead with the mill. All over this
country I have seen idle plants
monuments to over confidence. The
loss they represent would, in most
cases, have been avoided if the op.
orators had waited until they had
opened up their mines. We should
gain nothing at all by building mill
right away. It could not be fed, and
when the ore is ready for it, little
time will be required to put up a
mill.
Gold Reef in Fine Shape.
CAS- to Gilt Edge, I find the proper.
ty there in better shape than ever be-
fore in it's history. The Gold Reef
has been put in splendid shape dur
ing the past winter.
From Lewistown I am going to in.
spect mining property that I own
about 80 miles north Of HALEY, in
Idaho. It looks to me like winner
We have about 100000 worth of ore
in the outcroppings alone. We are
now to develop that, but I shall not
put up a mill there either until the
ore is ready for it.
The Visit to Kendall.
Mr.. Drake went out to Kendall on
Tuesday of last week, accompanied
by Henry Rae, his brother-in-law,
and Henry Armistead, Jr., of New
York City. The work that has been
done there during the past year with
the diamond drills was gone over care
fully, and while Mr.. Drake had been
thoroughly advised as to the progress
made, the results, as he saw them
with his own eyes, were most graf
flying. The extent of the ore bodies
and the values carried by them, as
shown by the diamond drill and other
work, fully met his expectations, and
after the inspection had been com
pleted, the party drove over to Gill
Edge, where a thorough inspection
of the Gold Reef was made. The
conditions brought about in the prop
erty under the management OF Char
les T. Durell were gratifying to Mr.
Drake. The party returned to Lewis
town Saturday evening, and Mr.. Drake
enjoyed rest until Monday morn
ing, when he started for Idaho. From
there he will go on to Chicago.
Mr.. Rae Placed in Charge.
The management of the North Moe
casin, during the period of develop
ment, is one matter in which many
are interested, and speculation or
that point has been set at rest by
Mr.. brakes announcement that Mr.
Rae will remain here in charge Of
the work. Mr.. Rae is we'll known in
this locality, having been connected
with the Gold Reef for some time
when Mr.. Mackenzie was the general
manager. Mr. Rae is a thoroughly
competent man, and enjoys the full
confidence, of Mr.. Drake.
It is learned that in a short time
Mr.. Rae will succeed Mr.. Drake as
president of the Gold Reef Mining
company, all of which means that Mr.
Rae is booked for long stay in this
section.