The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-10-07


injunctons which threatened t. involve IRE question
consolidation a period years The end could not
be officers Of the company found necessary to
spend much time in the justice o
cerned the directors Other ooon but
nounce the abandonment o plan simply because
impossible tell when the
| final making the merger possible.
! RAY CENTRAL
special Ray Central has prepared by
Prober being consulting en-
gineer for Superior Boston The indicates
Ray Central has total amount
ing 1884 tons. averaging 251% copper. blocking
practically completed plans are
being formulated for the commencement active
mining work. The company follow the
method mining which successfully adopted by
Miami Ray Consolidated.
Ray Central hopes to obtain 500 the
concentration one figuring copper on
thirteen basis, it is net value
available ss.765OOO. values the
engineers claim, justify operations
Further information contained report reads as
follows
"A permanent working shaft site selected;
plans and specifications being prepared for its
handle a daily tons.
The location Of the proposed mill win definitely
decided until the questions power transportation
finally settled These being
fully studied The Copper group Central Of
fers very desirable sites
Development has been the Globe-Isa-
bella group property brought
producing stage prepare extraction and
build the mill will require approximately E15OO,OOO.
Assessment for the year is being done the
unpatented claims
The Calumet has still be prospectcd drill hole
put being sufficient determine oil
| the group.
The Little group has increased
of the reported development of body in adjoining
ground by churn operations
dairy. The the nnerallzed
| determined. although surface indications would
that quite a large part group
laid commercially miner allied schst The possibility
of proving up on Ray Central property
must bettled."
announcing the 81 share payable
by stockholders October Pesi
dent Fay Mayhower Mining Company gives
lowing information concerning developments the prop
erty.
The diamond drill progress the time OF the
annual report, which to the stockholders last
March, has continued according plan
by Superintendent Mr.. Coodae his report. TIE
suits numbered encourage
the then made correct
investigation his will that the
rich bearing sdaloid cut by number II di
hole prove the Old Colony amyg-
daoid.
Gazing in hole number 49, located north Of
number IL. caused considerable delay,
| was finally carried to the congomerate. IN number IA
hole which was 500 II number H. secured
copper bearing Identical by number
II, and just passed through
with satisfactory showing of copper.
During the past summer drilling begun the lands
of the Colony Copper Company adjoining Mayiower
the south. to amygdaloid lode
remarkably from their
point corresponding closely to the location
OF this on your Company. ST Louis
Copper Company. on its farther south, at
present sinking open up a similar showing
cured by diamond drill operations
OF 1910 on a which a distance of
the indicated position the by number II
drill hole.
While obtained operations on
adjoining properties will undoubtedlv us
It is apparent that individual problem solve
and carry work Independent
others definite knowledge the conditions
secured"
MINING NOTES
The Contact Company drilling % 7 hole, core
recently a a depth good
well shot with copper
The assessment called Mayfower this week
by the company 1899.
placed company's treasury 100000
in cash. sSzS iyTEzN ENQfEHFE
The September output Of Trmounain was 5SS tons q
mineral. records by
pany for several years and more than was
produced year The Company is said be showing
| earnings its present output.
provide expenses IN the reorgani-
zation o Arizona Commercial
share asked o deposit their stock and
bonds deposited according plan
announced some time ago.