The Calumet news., 1912-09-21
ToNoPAB MERGER


Anchor Mining company, has been one of the leaders
among the Tonopah weeks past 1t is
capitalized shares, value of ST. of which
there are 100000 outstanding.
Mr.. John G. Kirchen. formerly of the Copper Country
and also General Manager Of Tonopah Extension.
and Consulting Engineer Merher and his able
supervision the property rapidly opened with
phenomenal results
The strike made at the property in the shaft
depth of $40 Since then shaft sunk
depth rosscutting drifting
the level. According
deived the west drift ore, assayng s5s
ton The drift has not yet entered the rich shoot
which when this showed a width of "a
inches averaging from s12O $3.50 entire
face of the drift 1t is expected however.
course of the days this be reached
The work at the property will be accomplished in much
quicker time from the hoist and -dri
being constructed and regular shipments will
cd a very early date.
From all learn, the property has very promis-
ing future and well worthy consideration.
SOUTHWESTERN MIAMI
No. hole has encountered chacoce at depth 111o
feet and while have been up this
writing it very likely will commercial ore
No. hole is located of No. hole. No ,
IS the one which showed $50 feet commercial
The developments the South oak property
which lies to-the south AMI Southwestern Miami
mean considerable to the latter property. reported
that No hole of South feet ORE aver
aging 2% or 40 pounds 70 the ton. This first
encountered a depth OF feet The South Live
Oak assessment of nifty cents is due October 18th.
oNoNDAeA
At present one diamond drill is being worked an
continuously possible at this property
stand that within very short time another will
be in operation While have to get any
thing particular what The drill has far disclosed
are given understand that should be some inn
rortant developments in the the month
or Their first hole is 700 supt Smith
only say have not been unfav BILE
There have also significant this
ssuue the past surprised to see
it blossom out as of the most active curbs This
company organized .he early part Of July and
started out with $20oOo cash. which should be sufficient
To ascertain the mineral possibilities of it's territory
The developments the past year the Pine an
adjoining property have interesting The
umet & Hcca management is spending about sS5OO per
month in developing the Nonesuch property
with satisfactory results according our best advces
The lode is copper in very
small particles heavily disseminated throughout. and by
chemical assay shows very high values copper
ever it is going to necesstate special
ment
SOUTH HEcLA MINING COMPANY
circular has been mailed stockholders offering them
the privilege to subscribe cents per
share, payable in two nsalments 12h each on
october 5th December directors further state
chat they have people for thu
2SS065 shares of stock though they IT an
injustice to stockholders 20 allow outside people
this treasury without giving shareholders
an opportunity No rata has been announced: in
fact the the right reject Who'll,
or any part of and all subscriptions
of the company s1O7tS We were in receipt OF
private telegram yesterday. us to the belief
that the labor troubles in the Bingham have ex-
o Alta district
General Manager Watson report states that No
shaft is down 1870 Dwyer level on the
fcotwall side of very strong fault ssure
direct smelling product continuous for so
feet The values in the OF tre vein have
been increasing with depth. A shipment was made |
from broken in shaft sinking tons brough,
so5SS after deducting all snelter and all trans
portation Mr. Watson states this should make a big |
body possibly sulphidss feet according
to present Indications
Great results within the sixty days are also ex
pected from their wedge being run to cu,
that ground deepest workings of the
old They encountered several veins
milling but all efforts been to get direct
smelling but little development work has been done
these low grade veins
The company 500 acres of mineral land with
less than 1917 explored Property is well equip
ped with buildings, compressors. electrical
hosts,
MASS
Allowing for 12k per refined copper
and the selling price IN cents earn
ing close to s175 the outstanding s74s7
shares. about 25% It's present selling price
1t is quite APPARENT that out few realize I74 cent