The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-01-03
MERGER PLAN
Is SUBMITTED
BY THE Cab.
Continued from Page 2.


be mined with profit through No. 10
| Calumet and Hecla shaft. Under
separate organizations the cost OF put
ting into operation the abandoned Os-
ceola shafts Nos !, and 3 would
make IL Improbable 10 remove this
ground.
At the South Kearsarge branch (see
map - the ground available will be
exhausted In about six years If the
present rate of production is main
tanned Under the consolidation No.
! shaft can be continued into Centen-
NAL property and Centennial ground
more economically mined than through
No. 2 Centennial shaft.
At the North Kearsarge branch there
is a block of ground north OF NO.
shaft which Immediately available for
mining through No ! AlloueZ shaft,
but which If not SO minded must wait
many years TO be taken out through
No. 4 North Kearsarge shaft.
Osceola Is at present under a large
expense for the remodeliug OF its mill,
which is necessary in order TO secure
satisfactory extraction from Kearsarge
rock Under the consolidation this
cost would be borne by the properties
as whole, and In return The proper
ties as a whole would derive the I'D.
vantages OF economy in milling pro-
cesses already pointed out.
Centennial.
Developments on this property dur
ing the past year have shown but little
Improvement. From present indica-
tions the most profitable way in which
this property can be operated is as
part of large organization, which will
make It possible to close down opera
tions in this ground when the price OF
copper is low and TO make a large
production when the price is hgh.
For reasons already stated this course
cannot be pursued to advantage at
present
The advantages To he obtained
through the use of No. / South Kear-
sarge shaft Of the Osceola Company
TO mine certain OF this company's
ground have been stated under the
heading Osceola
To the south Of Centennial, on the
Osceola lode (see map p. No. is Calu-
met and Hecla shaft will soon reach
the boundary between this property
and Calumet and Hecla. This shaft
would under the consolidation be
available at a minimum cost for the
determination of values of that lode
on Centennial, and, If values are found,
for the economical mining of that
territory.
Tamaraek.
Though the mine of this company
T, is well equipped. its workings are very
e deep, the ventilation is bad and the
e copper contents of the rock show a
constant decrease with the increased
: depth.
It's stamp mill is not adapted to the
milling of its conglomerate rock, and
tine present extraction is obtained only
e through the use Of a portion of the
Calumet and Hecla stamp mill Calu-
met and Hecla may at any time he
compelled by an increase Of operations
upon its own property 20 make use oi
r all it's stamping capacity. In that event
this company would be dependent
upon it's own mill for the treatment
OF Tamarack conelomerate rock This
would result in sucn a loss that mininl
[ operations would have to be discon
T tlnued until the mill could be re
e modelled. The underground conditions
= do not justly the expenditure OF tn'
o money necessary for such remodeling
OF the benefits TO be obtained from
a consolidation the following are th'
most important
The ground tributary TO No. Tama
4, rack shaft on the conglomerate LODI
(see map ID is limited, and recen
o developments show no Improvement II
u values, except at the extreme southern
# end of the property. close 10 the Calu
| These
= elopments indicate good ground II
Calumet and Hecla property. Unde
one organization 1t would he possible
as IL would not under the separate OF
d. CARNATIONS. to use No. . Tamarac
shaft 10 hoist rock from both Tama
rack and Calumet and Hecla property
= This will not only make the sa,
y ing incident to the use of the shat
= most conveniently located To IN
ground. but will make connection
T. which will in large measure solv
y the problem of ventilation. 1t wi
also obviate the danger of crushin
land the consequent ultimate loss
"a some ground; for. owing to the e.
In treme depth of this ground, the crust
ing pressures are very great, and
- lone company mines out the groun
-, next to it's boundary before the oth'
- company mines out its adJoinin
ground, the later company's groun
lg brushes and cannot be recovered.
H. Operations on the Osceola lode Csc
III map y were temporarily discontii
xe ued owing to the poor grade or roc
and the low price of copper Shou
r. the price OF copper warrant the mil
q. ling of this ground It can be mine
- more economically through Calum
and Hecla shafts Nos IA and 10. an
ne the cost of maintaining Tamarac
m No. 2 shaft can be discontinued aft
nd