The Virginia enterprise. [volume] (Virginia, St. Louis County, Minn.) 1893-19??, 1909-06-04

dspth 6 500 feet with numerous
s-cuts, and that Ihave exposed
I'VE veins that are carrying plendid:
values din paying snantities, and
Two upeeshase.bsensoPened, but we,
have not yet determined their value.
- 3"'All engineers that I have; con-.
aolted have concurredz with my
nptnion.regarding the great values
In oar disarict." Il
Nr. Smith is now very old man:
and failing in health. 1t is his de-
sire. now that he has sdemonstrat ted
that the property ,contains copper
ore in paying quantities, to lease iii
e some operating company on al
1oyalty basis, which in all prob
will soon be done. In fact,
negotiations are now in progressI
with that end in view.
The property of the Great North
ern Copper company, which is own.
ed mainly by St. Paul people, con-
tsins a shaft 100 feet in depth and
preparations are now being made
to resume explorations after shut-,
down during the winter months Mr..
hibbee, the superintendent of the
Aeweenaw-Western, was formerly
superintendent of the Great North.
'exn'' but resigned to take charge. of
the new mine. He had snch faith
In the property that he not only put
considerable of his own money into
1t, but 90 far has directed it's affairs
Without dollar of salary, trusting
to the future success of the mine to
recompense him for his time and
labors. The company 10 80 we'll
encouraged by the present outlook
that 1t has arranged to begin pay
ing Mr.. kibbee a salary beginning
June l. His first experience in the
mining business was at the PENN.
su'a mine, now part of the Frank
lin and he was also employed on
the lele Royale explorations. He
has also been employed az mining
engineer in the west aud is the
author of several special articles on
copper mining published by the
technical journals.
He is 80 favorably impressed with
the Pine county district that he has
been working here for three years
past with good success and intends
TO continue until he has either
developed a paying mine or has
found the geology at fault.
Mr., kibbee is shrewd and care.
full manager. He makes no wild
claims, but is very conservative in
all his statements. He does not
guarantee investors that they will
surely receive returns, but is con-
fident and hopeful and encouraged
by the development as far as it has
gone. The shaft at the property is
equipped with 30-horsepower hoist
and boiler while an air compressor
to run the drills has been purchase
ed and is now being placed.
So far as the Two Harbors gentle
men were able to judge, all express.
sed themselves az being favorabiy
impressed with the property and it's
management. They certainly were
we'll treated by the company and
AFFORDED every. opportunity to in
vestigate forthemselves. Members
of the party brought samples and
some may be seen at the Office of
Chas. Eliasson, the real estate DEAL
er, who has taken the agency for
sale of the stock of the company in
Two Harbore.
Monograph V. of the U. S. geo.
logical survey, entitled "The Cop
per Bearing Rocks OF Lake Supe.
rior;" contains the following with
reference to this Pine county die
trict:
Page 239: "Native copper occurs
in the St. Croix valley in the same
manner and with the same ascot
ates az on the Keweenaw Point"
Page 240: From Keweenaw Point
to the St. Cro,x the formation has
been traced mile by mile with a
constant recurrence on precisely
the same bedded basic rocks with
the same amygdaloidal and comp.
act portions to the beds of the same
associated felsitic porphyries of the
same interstratified porphry-con.
Rlomerates of the same native cop.
per in veins, altered amygdaloid
and conRlomerates. The same di.
vision of the series into a lower or
prevailingly eruptive member, and
an upper or detrital member is also
everywhere present"
Page Al: "Here, on the lower
portions of Snake and Kettle rivers,
and on the mouths of these streams,
typical keweenawan rocks are again
exposed on a large scale with a
trend but little east of north and a
high easterly dip."-Two Harbors
News.
Dissolution Of Partaership.
The partnership heretofore exist.