The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1906-10-25
MINES AND MINING

consignment of ore from the
Creole on the Salt Lake market last
week carried about 40 per cent lead
ard sixteen ounces silver per ton.
Pringle Smith, one OF the pioneer
miners of the Thunder Mountain dis.
;rlct. and the discoyerer and locator
cf the copper camp on Big Greek, has
zone to Nevada, where he will pros.
pect for the winter
Five of sEe ten roasting furnaces at
the Consolidated -Mercur mines. at
Mereur, utah, are in commission, and
| "a the coal situation is being relieved. |
| 1 Is hoped TO have all the furnaces IN |
| aull blast in short time.
! The California mine on Nine Mile. |
| Two miles from Wallace, has struck u
! rich In the No. level and thus prac'
| t.sally demonstrated that there is no
| such tAing as failure among the
mines in the Occur dAlenes.
Lee Bunch has taken a working
bond on the Gold Bug group of claims
In the Hay Fork section, which is on
More creek. twelve miles from Idaho
city, Idaho The bond Is 20 run two
years. the price Of the property being
fixed at s250oo0.
There Is llmitless money In New
York and other great financial centers
tor investment in any mining enter
prise that bears the stamp Of iegiu-
macy. and Il is no longer necessary to
have a developed mine in order to
secure the coin.
The recent developments upon the
properties of the Chicago Nevada
company have demonstrated In no un'
certain manner that the organizers
Of this company have discovered one
Of the big finds OF the year In tho
state OF Nevada
A new strike Is reported from the
stewart mine In Deer Creek. Ameri'
can Fork canyon. A nice ledge OF
gaiena, with a vein OF chloride ore, Is
reported TO have been uncovered right
, At the grass roots. Assays show II
to be worth apout si25 per ton.
A deal has just been closed whereby
= Senator Macbeth Of Mackay. and his
A Salt Lake associates. become the own.
i ers OF seven choice claims practically
0 surrounding the now famous Sunbeam
!. mine In the Yankee Fork district. near
a Custer, Idaho, the price paid being
+ $4,000.
a The annual report Of the Greene
Consolidated Copper company, submit
d ted at the meeting held In New York
r. last week, for the year ended July 81
!. shows net profits OF s3.sG7.Sis. com
- pared with s2.s05.3s6 In 1905. The
surplus for the year is si.7S5,41s. al
increase of s62l .e32 over the previous
year.
| Good news continues from the oper
atoms of the Nevada Fairview com
ia pany at Fairyiew. Nevada. This com
n pany is doing some most earnest worl
h upon Its possessions, and the latest re
70 port was to the effect that In the shat
: the management had encountered or
a that ran aa high ms 1912 silver and 81
s. gold
"a Almost pure graphite has been dis
". covered In the Silver Queen group a
C. Sheep Mountain. in Idaho. II II
a graphite OF a quality which II is be
nj lieved to be, II is worth about II cent
or pound. or $3.50 ton. Az there I
IS apparently vast body Of IT, the owl
=, ers feel pretty good over the dis
70. covery.
n. Rich rock Ia being hoistcd ever
minute of the day, and every day G
the week, from six shafts on the No
hawk, al Goldneid Nevada. Just a
fast as lessees. who have now but
| limited time. can get II out. and th
| company. with 81 1000 900 in the treai
ury, IL drawing royalties at the rat
II Of $4,000 day.
III Telegraph orders have been n
III reiyed from r. G.. Lockhart. geners
III manager OF the FlorenceGoldHel
III mine, 10 START WOFk on the tbtHpaHy
III mill Lockhart Is now In Dcnye
III where he has been conducting test
II IN ore from the mine. but I, IL ei
III pected he will return and give n
III work his personal attention The mi
VI will have a capacity OF eighty tons
u lay
~ A. y. McCune, the prominent Sa
I.aker operating in South America
fnning fields. Is back home froi
" South America Mr.. Mccune and q
ck soclates have spent many millions
tn, developing the CerTo d'Pasco mine
and IN adding complete smelling an
de railroad facilities This mine f. q
"A tremely rich In copper and bids "a
~. 70 continue during many years OF as
fulnees In spite Of the fact that Il hi
been worked IN n rather desuitol
al WY for 200 years
At dietanc" Of 500 feet from q
portal tbe tunnel on tho Nellie mir
at Horeeahoe Bend has come into
/ series Of strata ~ very enc ore Thei