The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-10-08
CURRENT -. COPPERS|
0OO01I COMPANY


is yet being done in territory tributry to No shaft
No. shaft Is now bottomed at the s5th .evel al
though to date. lateral is the Ssrd level.
drst this point has been extended 10 the
Wolverine boundary line and it is understood that
satisfactory rock opened up as the wover-
property approached
The company discontinued for the time being.
operations the Both level and three machines which
were used at this point. taken the 2Snd
the drift this point viii be
the Wolverine property where it is expected that the
vein will very The lode
width little drifting the S5th level viii
be begun shift is used in hosting No.
shaft although day and night force is opening the
lower levels. Shipments the stamp mill average
about 800 tons of per day with approximately
teen pounds of copper recovered for each rock
stamped. There Is little probability the company
tending operations until such time the metal
market shows decided Improvement.
CRANKY
The desiina OF ten po.nt In CRANKY $500 a share
rather unexpected despite the that the
meeting characterized by considerable friction The
report PREPARED by Engineer Sussman disclosed the
face that CRANKY has totallng approxl-
maely 100000 The directors criticised
these figures became public some time Ell
disclose responsibility leak been
is shown by the report CRANKY lay copper
down New York 1896 cents per pound
At the annual meeting several the prominent d.
resigned, that property
is in the hands of new interests CRANKY has
close $OOOOOOO0 in cash in its treasury,
dend disbursements expected I'm the future,
the company plans exercising its option a
number additional claims distant from its
present holdings CRANKY exploring these prop
critics by churn drills and in a number
stances satisfactory results have been obtained
INDIANA
No. hole the Indiana has entered the fesite
more reaching mineralized body at depth of l44o
The brought up showed rich copper.
data obtained from drilling at this point gives POSI-
tive information the dip and strike the position
of the outcrop OF the lode.
AS a result favorable developments in No
hole Indiana rather strong this week.
several points
MIAMI.
Globe correspondent advises that the develop
ments the Miami for September show advance OF
1890 lateral extensions above 42O foJ-level
During the time that active operations being
Quoted at the Miami Gully as much work done
week done during the month of September.
Three churn drills operating shaft the Flat
Top. Climax St Johns claims. The progress per
shift averaged twenty daily. Fair
progress being with the construction of the
concentrator and it hoped have the first unit
operation early in 1911
ALGoMAH-
Agomah shaft is closely approaching a depth OF 100
feet and the high grade continues be
the shaft goes down. The company recently had
samples taken the pile and this
disclosed PAL per cent copper. The shaft that is
being sunk is sX1e feet that it is estimated
imatey 525 have already been taken
Algomah continues of the active issues and IL
the of the so-caled Lake District stocks
SOUTH LAKE
The Boston office Of the South Lake this
advised drill hole had entered the lode for
seventy the first fifty of which being very Well
charged with shot copper This condition is regarded
extremely favorable because the width showing
Uniform rich. Two diamond drill outfits stli
at work the South Lake The South Lake company
already considering ntatvey plans for shaft sink
ing and will probably get through the overburden.
which largely clay, by of a steel drop shaft
The overburdeu s estimated to be very $50
LAKE
Lakes shaft Is rapidly approaching the level The
crosscut at the level which is $50 feet
has not yet reached the vein AS the dip of the vein