The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-06-06
HOUGHION man INTERESTED
IN NEW IRON MINING co.
JOSEPH cRoZE ASSOCIATE WITH
GEO. MAS AND OTHERS.
WILL DEVELOP VALUABLE MIN
ERAL LANDS.

The North Rangc Mineral Land COM
Ipany, which owns the tract near Ne
gauncc upon which George j. Mas
and his associates conducted extensive
drilling operations. has been orga-
uized and is now prepared TO take
steps for the development of the prop
erty. The officers are Geo. J. Mas.
president; Or. r.. J. Mas vice presi-
dent and r. L. Yates, secretary and
treasurer. These, together with Jos
oph Croze. of Houghton, J. Ill. Winter
and w. J. Mas, Of Negaunee, and Ar
thur +. Mas. of Milwaukee, constitute
the board of directors.
The property of the Crozc Explora-
ton company adjoining the lands un-
der control of the North Range Min
eral Land company. west of the Amer
lean mine. have been turned over TO
the new corporation. Included in the
transfer are four iron leases. embrace
ing the ore formations in Section 81,
range IS. town 2S and the ore forma-
tions in section SO. The formations
in the two sections now under control
of the North Range Mineral Land
company cover stretch of over two
miles i'm length.
At the organization meeting held in
Negaunee the president and secretary
were authorized to sign leases for min
ing operations on the 200 acres immed-
lately west Of tho American mine. The
rraeiI,pt op,l -.orpt, ~ ,,-,ro o1so mn
thorizcd 10 give options for leases on
100 acres west of the 20O-acre tract,
where large deposits Of ore are known
to exist.
The showing on Section SO is said to
be better than that on any other part
of the land, but according to George
j. Mas who had supervision of the
exploratory operations. there are sew
eral million tons of high grade ore. as
well as many million tons of low grade
on the tract. The ore proved
up on Section SO is of magnetic quail
ity. The company plans soon to re-
sumo drilling operations on this Sec
ton.
1t was on Section sc that the deep
est hole ever bored in North America
was put down, its depth being 3,265
feet. over year ago Mr.. Mas per-
fected a device for checking up the
course of diamond drill holes 1t is
known as the "clonometer." lie APP
piled for a patent several months ago.
He has lately been advised that a
patent has been granted ana he eX-
poets 10 receive the papers shortly.
Mr.. Mas intends, within the next week
or So TO try out the device i'm the ex-
ploring of the deep hole.
The North Range Mineral Land COM
pany has been organized with 10000
shares, each of par value of $25. The
president and secretary have been au-
thorized to sell 1000 shares at the par
value, retaining 1000 i'm the treasury
This leaves $4,000 TO be distributed
among the present stockholders.
A year or so ago Mr.. Mas and his
associates had partially perfected plans
for the organization of "A mining COM
pany, but that plan has been aban-
doncd. and the lands will instead, be
leased TO some responsible mining OPP
orators. 1t is possible that leases may
be signed shortly for at least a por-
ton of the tract, and the officials ex-
pect that the company will begin earn
ing money for its stockholders as soon
as the leases are signed.