Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-09-19
NOW READY TO
BEGIN BORING
Diamond Drill Machinery From Drake
Property at Gilt Edge 10 Set Up
on Fergus Tract.
THE COMPANY ELECTS OFFICERS
John r. Cook Talks Of Operations at
endall-looks Like 4 Second
johannesburg.

AOAA0u " tAo r0ISuS GOlQ Mining conf
pany the great Fergus tract, adjoin-
ing the Billiard property at Kendall,
and extending out on the fiat in a
northeasterly direction for a long dis.
tance. The tract comprises 4,5OO
acres, and the stated consideration
was $2,sss,750.
Following the transfer, the company
met and the following officers and
directors were elected for the ensu
ing year:
President, H. M. Rae; vice presi.
dent, A. s. Wright; secretary, David
Hnger; treasurer, George ]. Bach,
and John A. Drake and w. H. Fer
gus, directors.
Diamond Drill Set Up.
The 1900 foot diamond drill that
has been in use on the Drake proper.
ty at Gilt Edge has been removed 10
this property, set up, and is now ready
to commence boring. It is the belief
of those interested in the new COM
pany that the great blanket vein of
cyanide ore found in the Bullard
ground extends on out in the fiat, and
that it will be struck in the Fergus
tract. Should this theory prove cor
rect, the company will have, with it's
immense acreage, one of the largest
cyanide propositions in the world. The
result of the operations will be await.
ed with the keenest interest, both at
Kendall and in Lewistown.
John r. Cook on Kendall.
John r. Cook, of Kendall, is now IN
Spokane, and the Spokesman-Review
of that city gives an interview with
him on the plans of the recently or.
ganized Cyanide Gold Mining CON-
pany, in which Mr.. Cook is largely iii.
terested. The article is as follows:
Mining operations will begin in a
few days beneath the town of Ken.
dali, Mont. The Cyanide Gold Mining
company has just been incorporated
by w. A. Shaules, of Kendall, Filing
Johnson, of Portland, and John R..
Cook, of Spokane, to conduct mining
operations on property situated be.
meath the townsite of Kendall These
men are prominent members Of the
Kendall Investment company, owners
OF the townsite, and this latter corpor-
alton has turned over its mineral land
beneath the surface to the new COM
pany to be used for mining purposes.
The cyanide company is capitalized
with 1.250,000 shares of the par value
OF the par value of 81 each. The land
lies below the Barnes-Kfng mine and
adjoins the Queen Mining company's
property ON the south.
Eorno af1nn I 1kA 1a1.a M . ,h,,,~
John R. Cook, in speaking of the
proposition, said last night: The
company owns 279 acres in the town
site Of Kendall. We have thought for
long time that the ore veins run
under the townsite, and will begin as
soon as l return to Kendall to work
with diamond drill to find it. The
general formation of the Kendall
country is almost identical with that
OF johannesburg. There is a reef
running on the mountain where the
values were first found. Originally
this was in a horizontal position, ana
the veins were a blanket formation.
An upheaval in the rock occurred and
the mountain was raised. The basin
or valley there is about 12 miles across
and the same ore formations are found
valley as If they are part of the same
vein system. The veins slope rapidly
down the mountain and then seem
to spread in a level plane across the
valley, which makes US think that we
can find the same veins beneath the
townsite as exist ON the reef.
The Barnes-King company has now
mined down to the limits of the town
site property. and there the ore body
has an incline Of eight feet to the 100
feet. and extends apparently under our
land. We estimate that 1900 feet
from the Barnes-King property we can
find the vein 800 feet from the sur.
face.
May Conflict With the Barnes. King.
If We find the same vein there Is
possibility of some conflict with the
Barnes-King people, but there is no
doubt as to the outcome. They tall,
of apexes, but there are none there
1t is difficult to explain the exact
formation. but this matter has been
tried out in other camps, and everyone
but the Barnes-King people realize that
when they have mined up to the limit
OF their property they will have to
stop.
Mines Pay Large Dividends.
Kendall is one of the greatest
camps in the country. The Kendall
mine is working 300 tons of ore a day
and the Barnes-King is working 2SC
tons. The latest strike was on the
Queen Mining company. owned by r
X. Neill. A. B. Campbell and John \
Finch, of Spokane. They have an ore
body on their property from 60 to 7s
feet wide, which runs from ST tc
$25 ton. This is an unusually high
value for the camp. as ore running S.
a ton can be successfully worked
Buys in Kendall Group.
D. ]. Burr and others, owning ths
Iron Horn. North Star, Ridge. Coulet
Bench and Dog Creek claims. neal
Kendall. have sold half interest il
the property to A. P. SeamOn, an(
arrangements are being made to de
velop this promising group.
Noted Expert Here.
Prof. Hyrum ]. Powers. a notet
mining expert of Chicago. who ha'
done much work for the Cudahys, ar
rived here Saturday night. and yes
terday morning left for an tnspeC