The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1910-09-19
CURE 6ESTP OF 3,i= THE c. oPP 1:!sss
- 0OOOlI .......,...''' & COMPANY


is building concentrator capable handling of
ore daily, have the first unit of this plant
ready by middle of next The man
agement expects to show production OF very close to
twenty million pounds period of 1911 during which
production is under way
Chino has proven be a proposition of greater
enthusiastic antcpaer. and
while has substantial treasury balance, this is In
adequate fully provide until the is
sustaining An Issue of 100000 shares will
give the company all the funds
will likely require
LIVE OAK
At the annual meeting the stockholders of the Live
the Lewiston interests shown to be cndeavoring
obtain control of this property although their efforts
were unsuccessful minority stockholders anx
control the Lewsohns but the IIova-
land interests dominated. Developments at Ii We
oak being carried vigorous manner The prop
erty Is opening satisfactory to all share
holders 1t that early Live Oak will
reorganized development to mining company,
and shareholders given valuable rights through
the reorganization
SANTA ROSALiA-
The stockholders meetings Bsboe Thursday was
without any special Shareholders Santa Rosaa
elected a new consisting nine mem
met r.. x. Clancy of Cananea, Mexico.
The WATERFOWL directors f. A. summerville, w. c.
Stebbns. Hugo, l.. NJ Smith, l.. c. Decant and c. A.
Phelps Harry Hill w the two local
directors of Santa Rosaa.
1t is expected that the will in WATERFOWL
next week when quite like
ly that will secretary the
pany
The home Office of company statement
understood that the of $4,000 made
the the Santa Rosalia company, the
money being by the sale 81
per share. From the told that the
company will probably sell at least 100000 shares more at
same price this will provide funds with which
to continue operations at the property.
As a result that internal difficulties
had Rosalia had advance this
week. The offerings light that bids had to
sharply advanced bring any the stock. 1t is
to be hoped the in Santa Rosala
viii able conduct the affairs of the company without
the costly internal dssensons and also provide shareod
with full and complete of developments at the
property from time to time.
ADVENTURE
! The shaft of the Adventure up to September
LIST depth of $50 feet during the month
of August had been sunk "A feet. An amygdalod vein
showing slight copper 74O feet and
found be 81 wide No drifting done this
lode will recalled diamond drilling, Adventure
very promising the first will be
encountered in No. shaft depth of approximately 900
feet The should reached 1900
the 1000 The promising the veins
the second least the drill richest
it upon the showing obtained this the
manage o shaft.
the company being the sinking
of No. shaft is expected interesting news
will before the close another sixty
There has talk Of of the properties
in District using Adventure temporarily
this is hardly likely The Adventure stamp mill out
Of commission, and will probably remain until the
pany is in shape to operate on its rock
HoUGHToN COPPER
Ioughton Copper sinking shaft, and while there
interesting developments date operations at both
the Superior and Isle Royae indicate Houghton
property is of the valuable district No
the Superior drifted within
Houghon line and found the continuing very rch
equal to the general the
Superior mine Isle Royaes showing in shaft indicated
that drifting had Houghton prop
ery but short distance, the which Superior
has opened rich would have encountered The
only drawback to the Houghton property is the fact that
it but $50 land which carry
underlay of the so-caed Baltic Houghton shaft
will be able to sink depth Of only Houghon
Copper has outstanding $1,000 which s722s
owned by the St Mary's Mineral Land Co The company
also has cash balance of s9OOOOOO a property fully
paid for.
BUTTE BALlAKLAvA-
Butte correspondent advises us that stipulation
signed in the Butte Thursday in the
suit Of the Anaconda company against by
which both companies permitted inspect sample
the workings of property The Anaconda COM
was also permitted to drift from the High Ore