The San Francisco call., 1905-05-13
NEVADA COUNTY PUTS THROUGH
LARGE DEAL FOR ALLIED MINES
Hundreds Of Thousands of Dollars Paid fol
Deposits at Graniteville.
Recent Growth of Kennett in Shasta Is Figured
Out to Represent S., 600, 900 Cost.

The largest mining deal in Nevada
County that has recently taken place.
as reported by the local papers. is the
transfer under bond to an Eastern
company Of the Erie, Dublin Bay, Nc
Carthy and Holland Oliver mines. The
purchaser is L. d. Sovereign The Ne
vada City Union says that the pur-
chase price amounts TO several nun
dred thousand dollars. OF the Erie
the Union says:
The Erie is one Of the Oldest mines in the
GraniteviIie district 1t lies two miles ana
half from the town and adj0ins the California
On the property are $4,000 worth OF improve
ments, consisting OF a thirty stamp MIL l1Lse
air compressor machine drills and otner nee
essaries. The North Bloomfield ditch runs
The mine has been worked much at ODD times
The main work has been conducted through
two tunnels Good milling ore was taken oue
OF the upper tunnel, hauled by wagon 10 q
chute and thence 70 the mill rms pIofsu
70 be too expensive and had considerable 70 90
with finally closing the mine. lhe lower 49, ~
mel is in l4O0 feet, and along its course EAuSH -
milling ore has been extracted Most OF tIS
work has been done south OF the main tuilllet
IN the lower Workings There drift was run
some time ago for 500 feet, striking me hite y,
chute of ore At the rate which the ehote ls
running across the country IL Will pe heces
sarv 10 drive the main tunnel a distance OF
25O feet farther before intersecttng TINS chute
A raise OF 800 feet VIII llen DC SA
chute 10 connect with the upper tunnel. ms
viii open up big section Of new country
DEVELOPMENTS ON COAST.
The Copper Outlook, in its first
number. tells something about the
size of the Kennett mining camp in
Shasta. County. About year ago the
Mammoth mine. a copper property
was sold to an Eastern firm. Since
then $1,000, ,0eo has been expended in
a smelter and other permanent i'm
provements in the camp. The Outlook
asserts that there are forty business
places at Kennett. These include large
merchandise stores, two hotels and the
usual assortment Of other concerns.
In part the story Of the growth is as
follows:
After the discovery OF the Uncle Sam Mine.
which first attracted the attention Of the out
side world by its yield OF millions OF dollars IN
gold, came the greater and more permanent l
attraction for the investment of capital, that
Of the great copper mines in this vicinity,
namely: the Trinity Copper, Golinsky. Windy
Camp and Bslaklala. Friday-Lowden, Great
Verde and the Mammoth, all Of which. are well
developed mines with immense and valuable
ore bodies; one, the Mammoth, now has
smelter going up, me lFlnaE as ana ro,d 9o1
smelter sites within the present year; al least
the operations Of the owners or managers here
T;he capital Invested by the Mammoth com
pany alone safely be estimated al mil
lion and a half OF dollars, while that OF the
Trinity Copper and Balaklala companies run
I'd into the thousands Of dollars; then too
there is the investment OF Charles Buffers IN
a large eight-nile canal, which alone can DC
estimated at $4,000, and his large two-story
brick building, which cost in the neighborhooo
OF $4,000. Outside Of this the amount IN
vested in thfr1y-three new residences and bust
ness houses can be put down al q cool $o0,OOO
Thus within few months Kennetts boom
shows upon its face the permanencg Of well
bailt and prosperous town, with a. capital IA.
Vestment therein and in the nearby vicinity o.
over two millions OF dollars.
The prospect of a stamp mill to
be erected by the Alaska-Perseverance
Company in the Silver Bow Basin dis
trict, Alaska. has stimulated interest
The plan is to put up 100 stamps al
once and TO add 200 stamps later tc
the plant. A crosscut has been driven
$500 feet from level below the sea
and three and a half miles from
the shore. attaining vertical depth
Of 1900 feet. On Douglas Island the
lode has been opened to a depth OF
more than 1000 feet and has been
mined some distance. One block OF
ore is reported TO have been removed
that was 1900 feet long by 500 feet
wide.
One mile north of Yreka the Yreka
Basin Gold Mining Company has be-
gun to dig a basin for q dredger.
Operators are opening up the Eel
River coal mine in Mendocino County,
six miles from Covelo.
Reno parties have bought the
Golden Gate mines in Antelope Valley
Mono County, and Will develop the
property.
A dredger will probably be placed
in the Calaveras River, near Jenny
Lind. by the Turkey Gulch Mining
Company.
Work has been begun by j. H. Lid
ole on the Wisconsin drift mine neal
Forest City, Sierra County, in an ef-
fort 10 cut the channel.
The Los Angeles Mining Review
raises an interesting question regard.
ing the duration of the Arizona copper