The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1908-10-04
la ROSE CONSOLIDATED MINES.
Cobalt District Inspected by Re-
representatives. of Mining Interests
and presS-l.a Rose Mines
Have $2.5O0,OOO Ready
for Shipment.

An invitation of the Boston fin
ancial News to brokers, engineers,
biologists and others concerned in
silver mining to inspect the Cobalt,
Ontario. silver-cobalt-nickel region
was accepted by forty-four guests
from New York sixteen from Boston.
sixteen from Toronto eight from
Montreal, and twenty-six from var
ious cities in the eastern and mid
die states. A committee of dis
tinguished Canadian public officials
and business men boarded the train
below Toronto and extended warm
greetings.
The party was taken in tally-ho
coach to the Toronto Exposition,
where opportunity was afforded for
examining exhibits of all the pro-
ducts of industries of all Canada
which form a basis for industrial
securities. In the evening the visit
ors were most royalty entertained at
a banquet in the club house of the
ROYAL Canadian Yacht club by Mr..
r. r. Bongard of Toronto.
At the end of the banquet thanks
were voted for courtesies received
and the special train was taken to
Cobalt, where the following day was
devoted TO very thorough inspec-
ton of the mines under the guidance
of local and visiting mine officers,
engineers and biologists. The CO.
bait district is SCI miles from this
city. The proven ground in which
good results have followed prospect
ing and development is about two
ha1f hn1 Iu fnnr N
superficial area. OF this large part is
forest covered and has not been
cleared of the overdrift.
In the part where mining is going
ON apace, notably good results have
been achieved within a few months,
and we'll ordered and broadly plan
ned betterment policy is in progress,
which is carrying good producing
mines into conditions that to the best
informed mining experts indicate
that the good showing made by some
of these properties will be followed
by increased production and lower
costs than have existed al properties
which have not until lately had the
advantage of those requisites, time
and the best apparatus, for showins
the best obtainable results. The Co.
bait district is but five years old. an
accidental discovery of silver-eobalt'
nickel ore by the blacksmith, La
Rose. employed by the railroad ther
being built to traverse a rich lum
her region. No work of importance
was done until we'll into the follow
ing year
Cobalt, in conformity with the law:
of being of all mining regions the
world over. had to undergo its period
of infantile diseases.
Hostile mining interests at Other
places endeavored TO strange Co.
bait in its cradle On the other hand
perfervid mining promoters conyuls
ed with emotion wrought up so many
mis-statments about the region, and
employed SO many questionable
agencies to create quick market for
badly founded securities, that the
general public which will not be guild
ed by the certain light that shapes the
wise investor, split into two bodies
one of which was guided by sharpers
and the other held aloof to see what
would issue out Of the Cobalt situa-
ton after the fever of speculation
had subsidized. But during this period
of waiting to see what would be de-
veloped In the form OF good prop
critics, there was body OF hard