Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1910-09-03

tence. He reviews the details OF Its
organization and the plans which he
outlined at its inception for raising
sufficient capital to thoroughly de-
yelop five selected properties In the
Black Hills. He also goes into an
account of the subsequent circum-
stances which necessitated modih-
cation of the original plans and the
incidents which led to the abandon
ment of the scheme to open five dill
ferent pieces of mining ground and
confine the efforts Of the company
to the exploration Of one mine. The
one selected was the Iron Hill, In
Carbonate, with the adjoining Segre-
gated Iron Hill and the Seabury-
Calkins property.
Speaking OF the results Of the
work on these properties, Mr.. Bunce
in his report says, in part,
The results justify us in saying
that we have a great mining prop
erty here and with immense oppor-
tunities of paying from the grass
roots and also finding very rich bod
les of ore, as the whole property has
not been hardly scratched except In
the one old working Of the Iron Hill
mines. On the tests made from the
Seabury dumps we Immediately took
steps to have the boiler and engine
put in working order, but found the
shaft wrecked and useless.
The boilers and engine were then
put in order on the Iron Hill mines,
and test was made last Wednes-
day to see II the pumps in the mine
would work, which they did most
satisfactorily, so steps were immed'
lately taken to unwater that mine
and get into the workings there first
and 30 far everything is working sat
isfactorily. Up to date the water Ii
down to the 200-foot level, and sink
ing at that level some Is inches ev
cry eight hours. This shaft is dowr
some 420 feet and by all reports
there are several very rich streak'
of ore, and several bodies of ore AZ
and 60 feet wide running over $lC
a ton on the 300-foot level. 1t Is es
timated that $25O,000 Of this grade
ore is blocked out ready for min
ing.
| On the Home Run claim we hav
started a working shart now dow
some fifty feet and we hope to ge
out sufficient ore Of shipping grad
to pay expenses Of sinking the shaft
Several tests have been made ol
various open cuts and the assay
prove that from the surface there !
any amount Of ore that will pay TO
mining and treatment on the ground
and a grade very much higher thai
the mines Of the Hills are treating
at large profits.
| The capital on hand will enabl
US to finish the unwatering OF tn
Iron Hill shaft and thoroughly assa,
the workings and maybe get ou
several tons Of rich shipping ore.
From assays we found on the Sea
bury dumps a lot Of ore thrown ol
as waste, that was rich in gold, as
saying from SIS to $40 per ton. A
this was mixed with waste, and low
er grade ore, it took some sorting
out, but some rs tons from one en'
of the dump was sorted and shipped
averaging better than $40 ton
proving conclusively that in the oil
workings We should find this ore de
monstrated in the drifts and tunnels
certainly of greater value than W
could prove from dumps, as 1t go
mixed with waste, but as to guam
tity or widths it was impossible t
even guess; certainly good widths o
We could not have gotten 80 mucI
ore. In the meantime on Iron Hill
two miners were working on smal
caved shaft, and had run acros
some good silver and lead ore, run
ming up to $3.50 a ton. Steps wer
then taken to get out some 20 ton
to ship, with the dump ore.
At the same time two miners wer
opening up a drift on Segregated II
on Hill, adjoining the shaft, whic
was 80 caved that 1t could not b
worked. Here just under the sur
face was discovered some silver an
gold ore that averaged about $40
ton and here we completed ship
ment, making some 70 tons as tes
from the three properties fror
dumps and surface only.
am now appealing to, first, tn
present stockholders, to take stoc
largely for themselves and they
families, and also help the Corpor
alton and mines on quickly. Get
few friends to take stock, II only
few shares. ! cannot do everything
or have the time to call upon tn
people In the Hills; besides I do no
consider that in spending my tim
and money in helping developin,
the mines, for which the creates
advantage will be to the bushes
man in the Hills, that they can asl
or expect me to beg them to bu!
stock, as II I was selling goods. I
ia for them to show their business
ability, and also their appreciation
in coming forward like men, ant
helping themselves. by helping the
uninaa Tha diracfnra ara xnnr nWr