The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-02-24
MINING
MlNNEAR & co.'s GOSSIP.

n
company says: mo offer has been
made to any one to turn in their Ne
vada Consolidated stock other than
the printed offer to all shareholders,
and no effort is being made by any
officials of the Utah Copper CO., or
nv any one else acting for them, to
Get one share turned i'm and all
every respect.
For the present shipments of ore
from the Superior and Boston TO the
Arizona Commercial smelter will be
continued at the rate of so tons daily.
Judge w. III. Hunt OF the u. S.
circuit court has returned decision
in the famous Hugh Magone case in
favor of the defendant smelling COM
NAMES. The injunction is refused but
the complainant is given judgment
for S572, which amount is only
small portion of his legal costs.
our Globe correspondent wires us
the following. North crosscut from
Telfair shaft OF Arizona and Mich
igan SIC feet long i'm quartzite. South
crosscut AGA feet long i'm diorite. Slight
aow of water in north crosscut fav-
orable indication for ledge near by.
Arizona and Michigan company has
decided not to sink on inclined shaft
on the Old Dominion vein as was at
first planned
Crosscut north from the Superior
and Globe shaft $50 foot level 24O
feet long. South crosscut measures
POS feet. Both crosscuts are in dia-
base but flow of water encounter
ed in north crosscut Feb. 21st In
dicates proximity to lode formation
for past five feet in north crosscut has
changed i'm that diabase carries much
iron and is considerably faulted
Calumet and Corbin has spread out
from it's original project in the Corbin-
Wickes district of Montana by pur-
chasing this week 140 acres at Pader-
burg. Montana, for which $125,OOO
cash was paid. This new. property is
near the Heating and within $50 feet
of the Black Friday mine. 1t in
cudes the Mammoth claim which has
been under development for some
time and is opening up a vein that Is
said to run better than SIS per ton in
gold. c. and C. plans to put i'm an
equipment and start shafts in its
Radesburg property. 1t has 100000
cash i'm the treasury after paying out
the S125,000. Wickes camp is down
300 feet with its shaft and plans to
sink 400 feet further. At the SOO-feet
level in the shaft there is 12-inch
vein of shipping ore but this is too
narrow to be a commercial PROPOSE
ton. and in the drift at the same level
there is IL foot vein of concentrat-
ing ore that would be of commercial
value IL enough of it could be de-
veloped. 81 HIH I.iN
~ Continued good weather has caused
both ore production and smelter out
put to pick up amazingly i'm the Ely,
Nevada. district. The management at
the mines has promised the smelter
people $50 cars OF ore a day ana
while this is little more than the mill
can handle, shipment at this rate VIII
be continued until all storage bins are
filled to their utmost capacity. When
repairs and alterations are completed
the mill will be in shape to handle
nearly il not quite $500 tons a day,
which is about 1000 tons better than
was done at any time last fall.
North Lakes No. diamond drill
hole has been driven vertically down
964 feet. Nothing of interest has de-
veloped in it at present 1t Is bot
toned in an amygdaloid rock, which
has been caving and work is there
fore impeded while the bad places are
being cemented. No. z, the only
other active drill hole at North Lake,
is driving at an incline pointed south
east and has reached depth of 1875
feet. 1t Is duplicating the disclosures
made i'm No. hole located 1000 feet
to the northeast in which lodes were
perforated exposing good copper bear
ing cores. Before these lodes were
reached in No. hole, two conglom-
crates We're perforated and these
have both been passed through in NO.
hole so that it is now reaching
very interesting ms
now driving through traprock.
The DEM Arizona has almost
reached the ore zone on its 1850 foot
level. The management expects to
reach the ore within week or two.
The Shattuck continues to ship $50 to
100 tons of ore daily to Copper
Queen smelter. 1t is said that the
company made a handsome profit last
month.
Nevada Consolidated ore is almost
ideal for concentrating. So readily
does the ore from copper fiat yield
itself to treatment that the Steptoe
MILL which was designed to treat from
1000 to 1900 tons of ore per day per
unit, will soon be treating in all prob
ability near 1000 tons per day per
unit.
Hancock has 100000 tons of ore
blocked out averaging % pounds to
the ton.
Indiana will start a new drill in
few days.
The sulphide ore body recently UNI
covered on the 1,350-foot level of c.
A f0 IN