Fergus County Democrat. [volume] (Lewistown, Mont.) 1904-1919, 1907-06-04

Competent mining engineers estimate
that there IS already opened up in the
nclghborhood Of $2OOO,OOO worth Of
ore II this mine; They are down
below the four hundred foot level
and the ore body shows up stronger
with depth. The ore is UNUSUALLY
rlch, considering its character and will
net handsome returns when it IS put
through the mill. President Rae. who
keeps close tab on the DEVELOPMENT
work, says that nc is really astonish
ca at the magnitude OF the proposi-
ition.
lie has always had faith in the
property and insisted upon continue
ing work even when things did not
look the brightest for the men who
were putting up the money. They
did several hundred feet of work be.
tore making the big strike. During
that time, they would occasionally
run across a nice bunch of ore but
not enough to amount to great
deal. But they finally worked out Of
the faulty ground and struck right
INTO an immense body Of $40 or $50
ore and have been in it ever since.
John a. Drake, owner of the Gold
Reef, owns 81 per cent. of the stock
III the North Moccasin company and
1t has been frequently reported Of
late that he had sold his interest to
the Barnes King Development com.
pany people but such deal has NOT
been made
There is no doubt that the Barnes
hlns people would like to get hold
oi the Santiago as it, added to the
Barnes-klng, would undoubtedly de.
veIop into one Of the biggest mines
IN the entire Rocky Mountain region.
The two properties join and the ore
from both could be worked through
the one big mill which the Barnes
king people are putting up.
1t is understood that Mr.. Drake has
offered to sell his stock at par, $500
per share, which would bring him
something like 81 100000, a rather
nifty little sum in itself
Many thousand shares Of the San
tlago stock is now held by Lewis
town men and offers Of 81 per share
nave been refused by stock owners
here. From present indications.
Lewistown and Kendall men stand
to clean up close to half million
dollars on their investment in the
North Moccasin.
Back to Old Stamping Ground.
J. /, Wunderlin, accompanied by
George S. Wells and Howard |.
Shaw, left yesterday morning for
Helena, from which place they will
go out to old New York gulch.
famous back in the sixties and seven
ties as great placer mining region
Along in 78, Mr. Wunderlin, who
was then mining up in that district
put down shaft over one hundred
feet on certain claim in the dis
trict. He did not find what he was
for, gold, but the rock as.
saycd from Ia to 80 per cent copper.
In those days, copper was not con-
sidered much of proposition and the
claim was abandoned
A few years later Mr.. Wunderlin
came over to the Judith Basin and.
III the course of time became one of
the owners of the now famous
Barnes King mine, This big propos-
Itlon occupied his attention until re-
Gently 1t was sold to Butte and New
Y ork parties. But his old prospect
hole UP on his old stamping grounds
was not forgotten and he has finally
decided to go up and see If it is still
there, Ii it is now INDICATED, it is
likely that the Lewistown men will
ocate it and take a few samples to
see If the old assays were right.
Interested in Idaho.
Clarence L. Barnes of Boise, Idaho,
who, as one of the owners of the
Barnes King, made neat little
cleanup when that property was sold
asst winter has gone back to his old
owe and is dabbling in the mining
business in his adopted state, Idaho.
He has an option on a property
short distance from Boise which looks
extremely good and his friends are
that his proverbial luck
will remain with him and that he will
:orrel something good down there in
he lower country.