The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1910-03-10
DEVELOPING ORE MINES
Enslis'iman in Black Hills coun.
try Consolidating Mining Inter.
ests Into Great Cn,,,o,,,

bASls
ests Into Great Corporation
HOW many readers of this pape,
know that there is one mine in the
biack Hills that holds the worlds
gold medal for having the richest sill
yer ore ever found? The medal was
! given the owners of the Iron Hill
mlne' at the worlds fair, at Chicago.
me ore was taken from a rich vein
winch produced owe $4,000 in
Dulllon While in operation, and the
mine paid $1S5,0OO in dividends.
Many old timers'i in the state can still
remember the exciting times of the
Carbonate Camp Boom" in the lat
ter part of the eighties. 1t was equal
to the exciting days of Goldficld.
There were eighty mining brokers in
Deadwood at that time, and the Iron
Hill stock sold as high aas $1,000
per share.
The Iron Hill mine is located in
Old Carbonate camp, about nine
miles northwest of Deadwood. The
camp itself is two miles wide by three
miles long, the formation being a
carbonate of lime. 1t is practically
the same formation and nearly as
large as the great Leadville district
in Colorado, which has produced over
100000 900. The ore in each camp
runs into thousands of dollars per ton.
Capt. Seth Bullock, at present United
ed States Marshall of South Dakota.
was at one time general manager of
the Iron Hill mine. He helped open
it up and pay the dividends. He still
thinks that there is but one mine and
one mining camp in the Black Hills
the Iron Hill and Carbonate.
The Bunce company, the Black
Hills Development and Financial Cor
poration, has taken over all of the
gold mines in the Carbonate camp
the Iron Hill , the Seabury-Calkens,
Segregated Iron Hill, La Plata, En-
terprise and others, some twelve in
all. The plan is to spend a large
sum of money in opening up this
second Leadville. this coming sum-
mer. After the different mines are
thoroughly developed, a modern
smclter will be built. Can't fail in
this camp for there is enough high
and medium grade ore in sight now
in the mines and on the dumps to
pay a big profit on the Investment.
Ask any Black Hills man his opinion
of Carbonate camp. When the Iron
Hill mine was worked twenty years
ago it cost SIT per ton to mine and
smclt the ore. Now the total cost IS
not over 81 per ton.
The great Homestake ore belt is at
least thirty miles long, passing
through the center of the Black Hills
region. The formation is vertical slate
and shist, and the ore is free-milling
and cyaniding. Mr.. Bunce has had
his engineers examine many of the
most promising mines along this long
stretch of m~ineralized country. He
has picked out fifteen of his forty
mines on the great Homestake belt.
the first one being four miles north
of Lead, and the rest strung along at
intervals clear to Rockford, twenty
five miles south of Lead. To fully de-
scribe all Of these mines would take
columns of space.
The Montezuma mine is at Roch-
ford. on the Burlington railway.
There are 1000 acres in the proper
ty. An elaborate system of develop
ment work has been pursued by the
former owners One tunnel, 1000
feet long, has gone through two man.
moth veins of ore forty and eighty
feet wide. all solid free-milling ore,
just like the Homestake, and all good
milling ore too. These veins have
been opened up for 1000 feet in
length On the property. The third
vein shows on the surface to be 100
feet wide. This property now has the
making Of another Homestake mine.
Over half a million dollars has been
spent in getting this large property
together and in the developing of it
by the former ners
Then there is the Finlander mine,
six miles north of the Montezuma,
with two 3O-foot and 6O-foot veins
of fine free milling ore. The mine was
discovered by an old Finlander nam
ed Haaka, who later died suddenly
when he discovered the rich vein of
ore that made the Finlander mine
famous in the Central Black Hills.
Fancy prices have many times been
offered the Widow Haaka and her
three sons. for the mine, but no deal
was ever made until mother and sons
met SIR. Bunce in his Office in Dead
wood last December. The Bunce Cor