The Calumet news., 1912-09-16
DIAMOND DRILLING DEVELOPMENTS ADD MUCH
TO THE POSSIBILITIES or THE ISLE R0YAlE MIMI
With Characteristics Having located
Company Building a of Assets.
Gossip Coppers
one below the 18th level

I lateral work has been below the 18th evol
They are drifting ON the 10th 18th levels IN .,,
shaft with very good results, and ground taken one
in driving these drifts being crushed and ,oros
the stock pile. The 18th level has been ad,, ~
feet North and the 10th level feet North from -.
shaft '''
No = shaft has been bottomed at the 1900 fl evo, o.,
about year. The only operation being carried an a.
the present is crosscut driving from the 18th le,
to intercept the vein, which should be encountered ,
very few feet This at the present b,
l2S feet and will open up lode at a point vhor
of the best drill was taken.
The Kearsarge lode this property is badly bro, 49,
and in places the split with a horse 30 ~
IN the center practically forming veins Invariab
however these veins splits will together ever 90
oien and at these points copper ground is en-
countered.
They are employing about men and running five ,
men machines double shift The man machine vblc,
given a months test has been discarded =, ~
ing not suitable the ground Total monthly cxnorso
approximately 100000 which is labor and fuel a,
count construction being carried on at tho
present.
Their annual report year ending May LIST 1919
showed cash and cash assess $4,000 hence At
the present rate of expenditures assessment should m
necessary until along 1913.
SOUTH WESTERN MIAMI
The management has been successful i'm saving ,bo
company $4,000 by anticipating the payment ON The
Jack Pot Roman Eagle l and No and the pnio,
claims While the final payment ON this group of cIains
was not due until 1913, the developments warrant
ed taking them at the reduced price Drilling AZ
the present suspended while roaming is in progress
| FRANKLIN
Rumors of on Franklin are passed a,pr
the street ever often especially if this issue shows
any Weakness however. it would remote than
for the past six they are now earning money
An average of better tons of rock daily is being
sent to the mill this being steadily increased The
goal 12Oo tons maximum daily will without question be
reached before the this year
The 2Srd level south from No. shaft is being ad
vanced as rapidly possible the intention of the
management to upraise from point directly beneath No
shaft from this level No 3 shaft is
now bottomcd the 18th level and is connected
with No on the 10th level. While the hosng equip
ment at this shaft is inadequate deep mining double
drum hoist capable of hoisting depth of 5000 feet
now located at the old conglomerae No. 2 shaft can he
quickly put in commission duty for No shaft with
out changing position.
No shaft is 1900 of No 1 and practically all
virgin between Frankins best values have been
found below the 1000 that developments in this
drift are awaited interest
VICTORIA
The production for August was 90 ton mineral rbey
are making good profit on 17la cents copper and
while they are also spending money for fur
uer perfecung the water power the building of
aodtionai houses for the employees the property
Is absolutely no Indication of any this year
from No 6 shaft is being run to the North
|" decide whether the vein they in Is the main
VEN or an off shoot The management of the opinion
that 1T is an off shoot they will cut the main
vein within few feet
IL Is Interesting TO learn that lumber and shingles
used IN the construction of the new houses being
punt at the property have at the companys
n from timber cut off their property Further that
the only cash outlay is labor account and the
hardware.
lhere IS more or less speculative possibilities I'm Victoria
Tor should they ever "a better ground il will he
bonanza with the low mining milling cost we arc
oSe OF te opinion that this water power
VIII he valuable asset only to themselves from
power standpoint but from revenue received from the
surplus power
NO. shaft Is being the 2srd level at which
point good ground is confidently expected as the show
s "o' ue lSth to the end levels $ best in the
LAKE SHORE GROUP, kEwEENAw COUNTY
We "nu that there are number of stockholders Of
4'"o'u' Ashoed Meadow and Humboldt who did not pay
~ "S' assessment called these issues. They think
ICY nave something of value, but have a isad awaken
"'S ""eh uey try to pay their assessments as den-
~ assessment sales have been held an four stocks
'' BROOKS OF these companies informs us that
""quent sales were made the following dates:
Amount Of AS Date last AS Delinquent
sessmcnt sessment st
''nod $500 Jan 20, 1899 July 1900
.'s"O'u 100 Mar. l. Dec 'Oe & Jan O7
10 Jan. 25 1904 Feb. & Apr 1908
u"poot so oct 21, 1901 Feb. 1905
10 'ne stockholders OF these companies who have been
"oo"g their certificates for time we would sig-