The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-02-25
hIPISS|AG SILVER MINES
Entertaining Review of Property
Over Which Newhouse
Now PresideS.

The following article on the discovery
and history of the ,Nipissing mines was
prepared for the Houghton Mining Ga
zette by Reginald AIeeks, of the Engi-
neering and Mining Journal staff. Il
contains a world of information that is
worth knowing and is told IN entertaining
fashion.
In the year 1894. E. P Earle and asso-
ciates acquired by purchase eight claims
in the Cobalt district and organized the
Nipissing Mining company, Limited,
which was Incorporated under the laws
of Canada, Dec. 16. 1894. The price paid
is said to be $4,000. Thereupon the orig
inal stockholders in the Nipissing Mining
company, Limited, organized, under the
laws OF Maine. what is known as the
Nipissing Mines company and transferred
all of the stock of the former company
TO the latter. The mining company re
NAMED in force as the operating COM
pany. and the mines company became the
holding corporation The holding COM
pany had an authorized capital of S12-
issued. In the early summer of 1905 ii
was decided to reduce the capital to S.
10000 and an application TO this effect
was granted by the state of Maine.
Title Attacked.
II was represented 10 the Ontario gov
eminent that titles to the NiDiSSing
properties bad been acquired through
rected 10 bring suit against the company
10 revoke the titles should the charge be
proven true. However, 1t was concl1-
sively proven that L. P Earle and asso-
erty and were therefore purchasers an
good faith and could not be held respon-
sible for any defects in titles held by the
vendors OF the land. Whereupon the pro
the property ana granted the company 4
clear title TO the land and mineral rights.
Location of the Mine.
The Nipissing mine is situated in The
heart of an area producing fabulously
rich silver ore. Ii lies along the easterlv
shore of Long or Cobalt lake and occu-
pies SIG acres of lots r. L. zee to r. L. i0S
Inclusive. The ground is quite rolling
and is covered with a considerable guam
tity of second growth timber which has
been cut in only a limited area The
mine is nearly opposite the railroad STA
ton and the ore is transported across
the lake in boats. in the summer. and
on sleds across the ice in the Winter IT
IS reported that the Temiskaming and
Northern railway intends to build a snur
10 connect the Kerr lake. district and
# this is done the Nipissing ore can be
more easily handled. This will enable
the company to be independent of wealth
er conditions and viii tend TO more reg.,-
lar shipments in the future
Character and Extent of Veins.
II is claimed by the management that
fsfty-eight or sixty distinct veins have
been discovered. It is probable that many
how called distinct veins will eventuaIiv
prove to be merely branches or extern
sionS OF some vein or veins. and that all
which have so far been discovered will
constitute system Of ten or twelve
veins The lodges strike in all directions
and tine fiSsure forma ton has been liken-
ed to the cracks ON a mud flat. On this
account it does not seem unreasonable 10
suppose that many of the veins will
eventually merge and this view has been
accepted by many engineers az Cobalt
Vein No. &-This vein has been the