The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-08-09
HEATING HAS
GOOD FUTURE
ELECTRICAL PLANT WORKS SAT-
lSFACTORILY FAVORABLE
SMELLING AGREEMENT
ASSURES CAREER.

Butte. Mont. Aug. with it's
new electrically driven surface plant
working satisfactorily and favora-
Bile smelling agreement with the East
Butte Copper company, the Heating
Gold Mining company has entered up
on a producing career which prom
Uses To place II I'm the front rank
among the gold properties of the
west The company recently has add
ed To it's property holdings, and is the
wonder of the most extensive terri
tory of producing ground OF any min
ing company in the Radersburg dis
trict.
A great amount of development work
has been done during the last few
months. and the values have been
found To increase steadily as depth
has been attained in the sulphide
zone. While sensational gold values
were found I'm the oXidized zone. above
the 2O0-foot level, and some fabulous
~ rich ores were shipped, the more
permanent values have been found
below the 20O-foot, or water level
and these values have constantly in
creased with every foot of additional
depth. The veins show decided ten
dency 10 widen out as they are de-
veloped at depth, and as the ore Is
compact and fills the veins from wall
TO wall the cost of taking out the
ore is minlmized. The drifts con-
tinue TO open up some great ore
bodies.
While a great portion Of the mining |
IS still done through the old Heating |
shaft the new Blacker shaft, with the |
new electrically driven surface equip |
ment, is being used for more extern
sive underground operation The |
Backer shaft is now down nearly TO |
"A depth of 600 feet. and the veins on |
the 500-foot level are being drifted /
upon with splendid result. The ore
bodies are generous in size, and there
is sufficient ore I'm sight To maintain
the production Of several hundred i
tons a day for years to come. ore
is being taken from shoots on the
800. 400 and 5OO-foot levels, and with
I'm the next few weeks drifting will
be commenced on the 6O0-foot level.
The Heating Gold Mining company |
recently entered into a contract with !
the East Butte Copper company, OPP |
Grating tho Pittsburgh & Montana |
smelter. whereby the latter agrees to |
treat all the ore which the Heating |
company finds II convenient to ship.
The ore that Is now being sent 10
the smelter averages about 1920 i'm
gold. and. because of the excess Of iron,
a most favorable smelling rate has
been agreed upon and after deducting
All costs OF mining transportation and
smelling charges. the ore nets the
a handsome revenue 1t is
fully anticipated that with its present
earning capacity the Heating COM
pany will be in q position 10 declare a
dividend before the close OF the year
and possibly within a few months.
Negotiations are understood to be
under way at the present time with
the railroad companies toward the
building of a branch line 10 the mines.
The shortest road would be- by way
OF Toston, on the Northern Pacific
road, distance of about u miles. II
il considered that the road viii be
built within a short time. as the ton
mage of the Radersburg district is in
creasing steadily.
The Heating company is now shin
ping about 80 tons a day 10 the smelt-
er. and it is expected that this will
be increased To about $50 tons "a day
before the close OF the year. and later
10 $50 tons.