The Ketchikan miner., 1908-04-18
THE MINES
No Cause For Discouragement Change For the Better is
 Not Far Off
From Saturlia 'vs DailYl


 extent of which Is as yet unknown, This ore body was encountered by a cross-cut tunnel at the depth named and is now being opened up The \ merica is reported as being about ready to leave Sulzar, 3o00 tons of ore having been loaded to date. The Hayden Brown has been taken out of commission and the company will shortly replace her with q much lars- CT vessel 10 alternate with the Amer ica.
 Samples of some unusually fine gold oge have been received here from the Fortune property at Dolomi. This claim has been worked more CT less for several years aud is now being opened up at new point with mOst gratifying results. Values running SD, 0e to s30.00 in gold and silver have been common heretofore. and earlier this year ore showing TO free gold but running slo1 N as found. These last samples should run much better than that even. though the amount ot free gold showing in them renders an assay almost unnecessary.
 \ most welcome addition to the mining news Is the word that active ! work at Nib.ack will start at once No shipping will be doue at present, ! but the shaft will be sunk at least one hundred feet more. making a total depth os 400 feet. The Niblack prep erty has long been q standing reiuta- tion ot the ott-repeated assertion that ''veius in this District do not go ! down" and it is confidently hoped and ] believed that the showing at this } further depth will only add another oail to the exploded fable quoted lboge. Manager Niedinq will take a crew Of twelve or fifteen men with 5 aim Monday on the Alert.
 l Mr. J. I. Jones. president of the l Cymru Copper Go. of Baldwin. and a member uf the Board ot Directors oi the Cuprite Co. on the West Coast, has returned from the latter property and reports q most satisfactory pros- u4cf. There are three main lodges on ] .he property which show excellent l copper averages. running from to l9 l Der cent. Whi these have been cross-cut and prospscied at the most agaiiable points. the management has wisely decided 10 do stiil further ex- l ploration work. and 10 that end Mir. Jones will leave for tine States on an early boat 10 procure diamond drill ! outfit Mhich will be put into coInmis- sion al once.
 ] The report current here lately as to 2 re-opening of the Copper Mountain shelter and related properties, proves to have a somewhat better foundation ] than most ''>treet corner" rumor>, though the matter is still m affair Of rbe future. ard no definite nor accur- ate forecast. can be made al present. However. The Miner is informed or excellent authority that a definite and ] fair offer has been made 10 the former companY. or more properly to the creditors of the old company. for the entire property. This offer comes. it Is reported. from an association of men who are fully competent to handle not only the Financial bat the engineering and ecocomic problems, .he solution of which is requisite 10 continued operation of the plant. The acceptance of the offer would mean an initial expenditure Of something like 2i0o. 0oo. a on the property itself and in building suitable barges. etc. for the focal ore-carrying trade, practi- cally the whole of this amount being devoted to labor and expense saving de7ices without which it will be i'm possible to operate any local plan. at q profit. At the present price of cop per, local properties. a rule. find the transportation expense much too great in proportion to rhe average values Local mining men will quick ly take advantage of a genuine oppor- tunity for cheaper ore-reGuct and local smslter hich offers this. and at the same time secures and holds the confidence or the shippers, wiil, DO doubt. find ore offered it in ali the quantity it can handle.
 (From Wednesday 5 Daily
 The Miner is informed indirectly that the property of the Alaska Smelling and Refining Co.,. lthe Had ley smelter) vas sold under sealed bids in New York City the 7th inst. to John 4. Mead 6i Co. for an amount yariously stated 10 be from si5, 000. 00 to sl35, OOO. 70. The sale does not in- clude the Mamie mine and contiguous properties but only the shelter. and until more definite details are receig- ed, the statu: Of the local creditors can not be determined fully. IL is un- derstoOd that the sale 10 the above firm amounts practically to h;dding- in of the property by portion Of the former owners.
 There is probably no time in this mois; climate aben mar feels more hefutcss than s.bzn be soae ann. Ts .t.