The Owyhee nugget. ([Silver City], Idaho) 1905-1984, 1909-08-27
wENNERsTEN MINING co.

is a corporation organized on June
10th, 1908, under the Laws of Idaho.
The property, consisting OF III claims, is
situated on the west slope oi Florida Mt
in the Carson mining district Owyhee Co,
Idaho, and lies between Blue Gulch and
Last Chance Gulch, two miles east of
the DeLamar mines, and one half mile
west of the Trade Dollar mines. The
head office of the Wennersten Mining Co,
is at Silver City in the County Of Owyhee.
The records show that the company is
lawfully Incorporated and is now doing
business and selling stock. The incor-
poration represents 800, 900. shares at a
par value of one dollar per share. The
property has been inspected by well
known experts and reported on favorably
and recently was inspected by a London
engineer on behalf of a London syndi-
cate who offered to purchase the mine and
all the stock that had been sold in the
United States; but the directors of the
company thought that it would not be
advisable, owing to the promising out
look of the mine, to sell the property
outright, and decided to place for sale
sufficient stock to continue the driving of
the crosscut tunnel that will cut all the
hedges known to exist on the property at
depth Of 800 #. The tunnel at the
present time (August 19O9) is in over
800 # and machinery has been recently
installed for air. Three promising string
ers already have been cut, which show
by the assays far higher percentage of
gold then silver The main ledge on the
surface is from 10 to so # in width and
will average about IL dollars per ton.
This ledge will be cut in the crosscut
tunnel at the distance of 1000 feet; but
at 750 feet ledge that shows good val
ues on the surface will be encountered be-
fore reaching the main ledge. Two of the
claims, known as the Little Rose and the
Homestake, have tunnel that has been
driven on a shoot Of gold and silver ore
that assays from $40 to $500, per ton !;
A shaft sunk ON the main ledge to the
depth Of about 80 feet shows mineral
of far higher valuation at that depth
than in the open cuts that the company
have made at different points along this
ledge. The Wennersten mine is consid-
cred as one of the most promising mines
in Owyhee Co., and the bulk of the stock
sold is held by the miners employed in
the mines of the Trade Dollar Co. to the
number of about $4,000 shares. Over
40, 900 shares of the Wennersten Co. have
been sold within radius of three miles
of the mine, which plainly shows the
confidence of people in that vicinity in
the property and in the men that are
officials of the company. There il at the
present time good demand for the Wen
nersten stock from the eastern states and
the stock is getting to be well known,
not only in the east but also in ct. Brit
ain. The agent for the sale of stock in
the east is Mr.. Evan Owens af Buffalo,
Ohio, and our manager, j. M. Morgan,
is our western agent, and any further in
formation can be had from either of them.
Mr.. Owens and Mr.. Morgan have worked
on the Wennersten property and the adj
joining mines for considerable length Of
time and can explain the advantages Of
speculation in the Wennersten stock.
The Wennersten group lying between
the Trade Dollar and the DeLamar mines
has better showing than either had
with the same development. The mines
in this district are very favorably located
for the cheap extraction Of ores. While
timber is expensive the nature OF the for
nation is such that only small quaint.
ty Of timber is needed, and there is
abundance of electrical power generated
at Swan Falls on the Snake River. Be.
low we give extracts from reports of ex-
perts who have inspected the property
''The formation of the surface of the
Wennersten group of mines is rhyolitei
and porphyrys with dykes of basaltiC
formation cutting across and occasionally
forming one wall of the vein for severa
hundred feet. There are know to be thret
veins travelling north degrees east
Where development has been such as Il
come in contact with any of these vein
values have been uncovered; howeve
where the large vein has been cut nea
the surface the values have been low
grade; 10 to 15 dollars per ton average
Ores of this Mt. are of the character tina
can be cheaply worked by stamp mill
with combination of concentration an,
pan amalgamation which is the proces