The San Francisco call., 1906-10-08
Deals Involving Mining Properties
Of Great Value Are in Progress.
ne quantity is not mentioned.
MEADOW LAKE LOCATIONS.

The quantity is not mentioned.
MEADOW LAKE LOCATIONS.
large number of mining locations
in the Meadow Lake mining district
are occasioning curiosity and interest.
The Red Copper Gold Mining Company
has made twenty-four locations. The
same parties. represented by A ]. Nc
Farland and E. j. Mott of Berkeley,
have located about fifty claims in the
same locality during the past month.
The region is in the eastern part of
Nevada County. The movements Of
the locators," so reports the Nevada
City M.ner-Transcript "are said to be
the suspicion is entertained that they
are planning for a big deal"
The Oroville papers have given much
space to the operations of NJ. J. Cooney,
who says that he thinks he has found
a diamond chute" on the Cherokee
Operations will be on small scale at
first. Cooney claims TO have had large
experience in the diamond fields in
South Africa.
A rich strike of gold In the Bonanza
Queen mine in Trinity County, in the
Deadwood district, is reported.
President Lyman Stewart of the I'm
ion Oil Company has sent out a letter
to stockholders in which he reports
600 in dividends on a capital Of $1O,-
100000. THE isthmian pipe line" so
writes President Stewart, ''is nearing
completion and will provide an outlet
for all the oil for which the company
can provide water transportation. The
company has secured control by pur-
chase of several thousand acres Of oil
lands in the Santa Maria and Fullerton
fields. notwithstanding the unsat-
isfactory market conditions that have
prevailed the company has many mil
lions of barrels of oil sold for future
delivery at satisfactory prices and as
surance of the sale of many millions
in South America at even more remun-
erattve prices"
PROGRESS OF DREDGING. +.
Dredging for gold on Butte Creek,
nine miles from Chico, will soon begin
Contracts are reported to have been
placed for the construction of a gold
dredger at Chico Land along the creek
for dredging use was secured under
bond some time ago. Sixty acres for
merly held by John Hohning will be
first dredged Los Angeles people, who
are back of the enterprise. say that 1t
has no connection with the plants at
Oroville.
Possibly the Drinkwater mining
property in Trinity County at Hayfork
will be dredged. Sinking and prospect
ing, with an idea of dredging later, is
in progress.
The gold dredger at Yreka has sus-
pended work indefinitely, after work
ing up to the McNulty ranch and re-
turning down stream. No reason is
given for the stopping of work
Several bodies of good ore, as report
ed, have been uncovered during the
season in the New River mining dis
frfOf n TrfnffU
mines that are worked more or less
are the Mary Blaine, owned by William
Lindsey; the Utica, owned by Larcine
and Brown; a placer claim eight miles
below Denny, owned by James and
Brackett; gravel deposit on Slide
Creek mile and half below Denny,
owned by the Martin brothers: the
Hidden Treasure mine, owned bv Ro-
well and Schlemmer; the Brooks mine
on the north fork of Eagle Creek; the
Modoc, which is the east extension of
the Sherwood, operated by Piersol and
Dullion, and the Gunbarrel mine, own
ed by Ladd and Petten.
The owners of the KIondike RaiI
way have given notice that they will
extend their line from Sulphur Springs
to Granville, on the lower Dominion
Creek, and possibly to Flat Creek
next season. A permanent route will
be located during the present fall so
that the road may be graded next
spring. The Government9is building
a system of wagon roads running to
Heads, Gold Bottom. Hunker, Quartz
and Sulphur creeks to facilitate mining.
The railway extension to be made next
year will run by Caribou Guloh to Do
minion Creek to the mouth of Gold
Run. This line may possibly be ex-
tended along the old beds of the Stew
art and Pelly rivers and across the
Rocky Mountains to connect with the
transcontinental line from Edmonton
to Dawson.
The Tanana Miner reports that the
Owl group of mines. an association
claim on Engineer Creek, that was
ranked as a wildcat not long ago. ha
been sold for $4,000 to Roy Madden
Mining prospecting on these claims has
not been without excitement, The
Miner reports that Williams and Ever
mann, who were principally instru-
mental in drawing attention to the
property have sunk large number of
prospect holes from forty to sixty feet
deep each. and that their lives were
continually endangered by the presence
of natural gas in the prospect holes.
Neither dared to enter a shaft that
had been unused for two or three days
without first testing the air with a
candle.
The Bonanza Basis Gold Dredging
Company is planning to have the lare-
est gold dredger in the world to oper-
ate on its ground on the Klondike River
of the company. says that the gravel
is as easily handled as gravel in Cali
fornia- He says also that he beIieves
the Yukon country will lead the world
in dredging for gold.