The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-30

oppressed the opinion that 1t matters option
Is exercised for it would be easy fur
her finance the property Independently probably
much more satisfactory
MASS CONSOLIDATED
1t is expected that rock and hoist at &C"
shaft Of Mass will be ready another months
AT shaft "B" the improvements completed
and gradually increased tonnage
this point The anticipates difficulty what
in working the Evergreen Butler lodes through
these shafts
AS may be generally known. shaft &C" is the
Butler lode the intercepted
the Evergreen vein and shows the
ter in other parts OF the mine. The Evergreen
talns copper comparatively little stamp
rock, while the Butler vein carries copper
continuously 1t contains copper the
above largely
the Butler vein during the past half
decided 10 ship normal supply to the stamp
mill
The year win open up very auspiciously for
Consolidated. and opinion copper
maintaining price of lac a pound.
sodated will show handsome profits the close
coming year.
COPPER RANGE
Copper Range active issue In the PIPER share
market during the past O advancing
prices due largely to the appreciation th fact that
with copper the company showing consider
able surplus present dividend requirements.
The Trimountain branch continues be vatchel casc-
y and is showing gradually output duo arss
~ the betterment in the treatd
than to increased shipped stamprnu
There continues a slight falling off noted in re
values of mined from the Baltic Champion p.op-
critics, but this is not giving the management
There may difficulties during
the present winter both Trimountain Champion
sampmils because OF the water supply. Copper
has tunnels being driven under the these
mills, and while this will completed until
spring, after that time difficulties will be ex
perienced from this In addition further improve
being the various mills recovery
Of should be increased particularly through
grinding equipment installed.
MOHAWK
At the ninth level of shaft Mohawk prosecuting
the Kearsarge vein developments very
favorable The crosscut has character
which indicates depth attained Mohawks
southery operation win with great
The latent possibilities of Mohawk fully appre-
cated by the investing public In the territory tributary
to No shaft Mohawk win be able operate practically
much ground Woi. crime holds. Furthermore. the
drifts north from Ahmees shafts carried
southern boundary line Mohawk. almost every
instance the values which have made Ahmeek
property have continued to the end line. and will
doubtedly be found into this territory
opened up through No. shaft.
Not only does Mohawk show up satisfactorily No.
shaft. but elsewhere has there been a gradual i'm
provement noted Mohawk win earnings
$3.50 with copper selling around lac pound.
earnings will be almost doubled and increased dividend
disbursements all improbable We regard Mo-
hawk one of promising the Lake Superior
dividend coppers
BUTTE ALEX SCOTT
Alex directors in Duluth this week. and
following the meeting issued which reads
Is follows:
completed raise 1900 the
1,sOO level being pay dis
lance
The price Of copper having advanced within
fourteen cents and knowing that
the property could metal this and make
a profit, unanimously decided a meeting OF
of December 27h that production
be pushed limit that shaft be the
1000 foot level and Stone the Superintendent at the
mine. notified that effect.
December 18th. 1911 entered into be-
this company Robert ] Phlpott and others
OF Butte Montana, claim a royalty
basis. Active mining viii begin this propcry January
LIST. that the from ihe fle Annie
and the Butte Alex scott properties allow the
agement a nice dividend during year 1872
The property looked better physically hnan-
cialy and enter into the with the 9rlco &c
copper right the property shape largo
profit"
MAYFLoWER EiEAEMN5
No drill hole Mayhower has cut two amygdaioid
veins beginning at a depth of 1211 The first lode
80 feet wide and carried values for almost he
width exceptionally rich spots shown in the
The last II feet gave the greatest promise that
will open up prohably
The drill hole is the southeastern portion OF
Mayhowers property distant Old Colony
boundary lne and this development has added materially