The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1909-11-15
NEWS OF INTEREST
IN THE MINING WORLD

| IN The MINING WORLD
Spokane. Wash. Nov. 14-Wilbur d.
Greenough. president OF the Snow.
storm Mining company. operating in
the Occur d'Alenes, announced in Spo-
kane today that the company will pay
regular monthly dividends OF $22 500.
adding; 1--WE are now in position TO
! disburse profits every thirty DAYS and
! Will do so right along. unless some
| thing unforeseen happens" The com
pany has paid S202,5OO. including the
November dividend since the oc-
ginning OF the year. Since the pres
eDt company has been in charge II
, has paid dividends amounting To $3.50.
600 The old leasers paid dividends
TO the extent or 100000 and includ-
ing the latest dividend the mine has
paid Sl,5S2.500 TO its stockholders.
Treadwell mine, formerly known as
the Lost mine, located between North
port and lone. will begin shipping this
tall. Sixteen men are employed and
the property has enormous surface
showings. Development work consists
oi crosscut tunnels which cut the vein
at depth OF 252 feet The vein at
this depth Is forty feet in width, with
the ore principally confined to tho
hanging walls Assays show from co
TO so per cent lead. One other cross
cut on the Snow Bird cuts the vein
at depth of sixty feet The vein
at this point is eighteen feet Wide.
Fifty cars of orc are i'll sight.
John kcouSh claims a record for
twenty feet of development work in
an open cut on the Snowstorm prop
ertl, In Stevens county. Wash. where
he encountered fourteen inches of
solid chloride on the hanging wall Of
an eisht-foot vein. Tho drift in the
run of twenty feet reached a vertical
depth of fifteen feet. Assays of sam
pies taken from the ledge gave re-
turns of l,200 ounces In silver 10 the
ten. Mir. Keough was doing the as.
sessmcnt work on the property when
the vein was encountered Follow
Ing his report the International Min
ing and Milling compay held meet
Ing and decided to put d force of men
at work Immediately for The purpose
OF getting out sample car for treat.
ment.
Silica Gold and Copper Mining com
pany has been formed al Wallace,
Idaho, to work a property located on
the north fork OF the St Joe river.
west of the Monitor mine Three
ledges have been traced across the
ground and three claims arc located
on each vein The first vein assays
per cent in copper and So in gold:
the second vein 81 per cent copper
and 81 In gold; the third vein S12 in
gold and SO per cent silica A cross
cut tunnel OF $50 feet has been driven
and has cut the first ledge at a depth
of 200 feet. BY continuation of the
crosscut depths OF 700 feet on the sec.
ond ledge and more than 900 feet
on the third ledge can be gained.
-Four feet OF gold galena and copper
ore is the extent Of the latest strike
on the Idaho Copper Mining company
claims, located on Priest Lake, under
the management OF ]. l.. Lamphere.
The property is owned by Spokane
parties, NJ. II. Gordon mayor of Hill
y oios btibS ne ore MAS
encountered in the crosscut from the
shaft at the 75-foot level Five hun.
dred feet of drifting and eighty-flve
ieet of sinking has been done. The
general run OF orc has averaged $50
ton. The property was equipped with
40-horsepower boiler. an Anaconda
steam hoist, New York air compressor
and Hardscog drills a year ago. and
since then there has been installed
60-horsepower boiler. 50-horSepower
engine and a complete sawmill out
flt.
Lead and silver ore in paving guam
titles has been found on the Butte and
Occur d'Alene Mining company's prop
erty between the Hunter and Snow
storm claims. in Gentle Annie gulch
two and one.hali miles east OF Mnl-
len, Idaho. The vein was located by
sinking 2o0-foot shaft from the main
crosscut tunnel and drifting back 1l0
feet. Prospecting has been under way
for some time at an expenditure of
$4,000 to date.
Big Elk property in the ST Joe
country, In Idaho. located last MAY,
is sending ore 10 the smeter at Ia.
coma. body Of copper ore of phe-
Domenal richness was broken into and
it appears TO have no limit TO its eX-
tent, as far as explorations have
proven, Assays show 80 per cent cop
per and high values in gold aud sill
yer. The claims are located south of
Saltese, in northern Idaho. and are
largely owned by Peter eterson and
Frank X, Lowe of Saltese.
Negotiations are pending between
Receiver Hill and the Gugeenheim in.
tcrests for the Monte Cristo property
In eastern Washington. which has
been closed for two years EXamina-
uons have been going on at the mine
for some. time. and it is known that
Investigations show an abundance OF
water power to take the place of
steam power at the cocentrator. IL
is probable that the mine will open
OH big scale early next spring
United Lead Mines company has put
big crew to work on its property
at Osburn. Idaho The machinery from
the Idaho Lead-Silver has been moved
TO the property of the German-Amcr-
lean company. and the compressor
started. The long tunnel Is now in
lS00 feet and 1t is expected that the
German American ledge will be en-.
countercd within 900 feet.
Three feet OF copper ore has been
encountered on the Big Elk Mining
company'S property, near Wallace.
Idaho. The assays show the ore runs
from 25 to 30 per cent conner Roth |