The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-16

weakness believe stock can well be bought for
turn.
INSPIRATION
Lateral work the Joe Bush shaft has been started
at depth OF 400 feet The company by means of
churn drills has already proven the continuity OF
ore body FOR over 5000 feet. This ore is in gray
schis formation of the as opened up
The Miami This orc body has known width Of frot1
900 to 400 feet and its depth Is yet positively
eer'ained While the development OF the Inspiration
mas not been brought to the point the Miami
yet there is every believe II viii be much
greater proposition ultimately
Miamis property is less than half as large a,
mat of the Inspiration which covers n tract of a lit
tie mos than 500 When Inspiration was organ
lied it controlled about 400 acres the additional terri
tory having since been acquired For the present, the
company is combining it's attentions largely to the
Bush shaft which is wen over 500 feet deep In TIL
earlier days there considerable tunneing done
the claims which opened up considerable
The property is well equipped with a gasoline hoist
capable of sinking to 1000 feet together with
pressor and other needed machinery The directors
have already discussed informally the plans for tho
erection Of large concentration. Work this plant
will probably be begun year Inspiration is
developing its property with eighty men,
LAKE SUPERIOR G ARIZONA
The home Office of the Lake Superior & Arizona
hear shortly supt Hoar on late develop
ments in the Holt shaft. Since supt Hoar's visit to
Calumet word from him has made public
When he was here it stated that heavy now IF
water encountered just when the was reached
so it was impossible TO learn If it mineralzed. The
water problem expected to difficulty
Supt Hoar was confident that sulphidcs would be
countered either at the present depth with
in another 100 feet
MIAMI
1t is expected that the railroad line giving Miami
facilities will in operation before the
close Of another month This week actual construc-
tion the unit the 1000 concentrator was
commenced. This unit will have capacity OF 1000
tons per day. The ore will be concentrated
teen tons into The Miami has blocked opt
than 15OOOOOO tons of which will pa PEI
cent copper.
There are four shafts the Miami property, but II
is planned TO hoist from the big shaft known No !.
No. shaft sunk to a depth of 700 feet, but will
eventually be abandoned. Drifting at No shaft is
being done at every nrty-foot depth. The is being
blocked out in ftyfoot cubes In the aggregate thir
een miles opening, both vertically lateralIy
have been made since work undertaken at the
Miami property
At The present time Miami is employing "A force os
300 men, but this will be increased rapidly from now
IN the force working the concentration Is aug
mented The company is amply financed for all needs
until such time its in producing stage. The
manage is quite confident of its ability get
copper in New York at nine cents per pound. 1t VIII
be at least eighteen months yet before the company
viii be in self-supporting position.
CALUMET G. ARIZONA
1t was reported this week that Calumet & Arizona
al acquired control of Shattuck by the purchase IF
1ntrong interest at sS5 per share. While such