The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-06-09
Mr.. M RAE IS HERE.
Man Who Located Independence Mine
at Thunder Mountain.

Daniel c. AIcRae OF Boise, Idaho, is
in the city today on his way east on
his wedding tour, stopping off to see a
number OF friends and business asso-
ciates. Among his other claims for
distinction is the one that he discov-
cred the Independence mine, located in
the Big Greek and Thunder Mountain
mining district of Idaho, which has
threatened at a number of different
times to make the company which now
owns the claim wealthy.
The Independence mine was located
in 1898, but nothing was done towards
developing it until late in the fall of
1902, when a mum Der of Topeka people
were interested in the property Among
them are Mayor W. H. Davis, who is
president of the company, A. G. Potter,
secretary and treasurer, and J. S. War
ner. manager. Nearly 80 per cent of
the capital stock of the company is
owned by residents of Topeka.
There are nearly fifteen hundred
feet of tunnels on the property which
have been driven into the side of the
mountain at different places and there
has not been single instance where
ore in paying quantities has not been
found The biggest strike that has
been made was during the latter part
of last fall when a tunnel driven into
the side of the mountain but a short
distance produced ore assaying all the
way from fifty to one hundred and
sixty dollars to the ton.
There has been but little developing
done since though at the present time
there is something like 600 tons of ore
on the dump and while a portion of it is
OF low grade the ore taken from the
tunnel where the strike was made last
fall is rich and bears gold. silver and
copper in large quantities Just now the
state is building a wagon road to the
Thunder Mountain district which will
give access to the outside world, ana
when this is opened the ore will be
placed on the market. The prospects
are most hattering and the owners of
shares in Topeka which represents 80
per cent of the capital stock are nat
urally jubilant at the prospects Of an
immediate realization of their dreams
of wealth.
Mr.. McRae has great confidence in
the ultimate outcome of the project
and said: ''I have been in the por-
ton of Idaho in which the 1ndepend-
ence mine is located for the past ten
years and during this time I have in
vestigated many properties and / have
yet to find one that gives promise or
the returns indicated from the assays
from our mines. All that we need at
this time to make the proposition
paying one Is facilities for handling
the ore and better transportation. The
latter we are assured. as the construc-
ton work has been commenced on a
railroad which will put US in direct
II am anxious to put up my share
towards the development of the prop
erty and am sure that I will find
that the stockholders in this city are
of the same mind. There is ore enough
in sight, II on the market, to make
every member Of the company indie
pendently wealthy, and the only Ques-
ton Is the development
It have no stock for sale. and I do
not know of a share that is for SALE
but the matter has been allowed to
drift along as is frequently the case
when stock Is placed in the hands Of
people so far from the property. in
tend to urge the stockholders to
prompt action so that we may begin
realizing at once. The confidence of
the people of the district in which the
mine is located may be illustrated by
the fact that hardly a day passes that
miners do not approach me and offer
to work on the property and take their
pay in stock"