The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-09-06
MONTANA HAS
RICH MINES
Georgetown District Grow
ing in Much
Construction Going on.

Helena. Mont. Sept. 6.-Mining men
Of Montana predict that the George
town district, west Of Anaconda. is des-
tined to become one of the best camps
in the state. The district has been
coming to the front ince the rich strike
by Charles Bostrom in he Orc Elmo
mine several years Ago.. Several splen-
did producers have been developed,
but the lack Of railroad facilities.
coupled with poor wagon roads in the
winter and spring. made it impossible
to operate my of the mines save one
or two. at a profit.
With the start Of actual construc-
ton on the extension of the Boston,
Anaconda a. Pacific railroad into the
district last fall. mining activity began
to forge ahead, and It was only a
short time before dozens of claims
were located with the result that the
ehaft-houses and new ore dumps.
The district attracted the %attentino
Of the officers of the Anaconda Cop
per company, which purchased the
Georgetown group of mines for $780,
600. 1t is now reported that the Gug-
genheims are investigating properties
in that locality with a view of pur-
chasing. This rumor Is based on the
fact that last week experts, Barry and
1eeetsoA, oe!IeNea W ue Representing
the Guggenheims. have been making
an examination of the Hidden Lake
and Wagner groups.
Mining men who have an option on
the Hidden lake group have a big
crew at work. M the main vein has
been traced 1000 feet across the COM
pany's holdings M shows values rum
ming from one ounce to five ounces in
gold to the ton. In addition. work is
being carried on extensively at the
Georgetown Cold Mining company's
mine. h Baltic combination, the
Butte & Anaconda Consolidated Min
Ing company's property. the Orc Elmo
and at a dozen other properties in the
district york on a small scale is being
done.
Chance for Placer Mining.
Placer mining has also been revived
in the Georgetown district by the
Butte e. Georgetown Milling & Mining
company. and his week the first clean
up of the sluice boxes was started. The
company owns several hundred acres
along Georgetown creek. a small
stream that comes down from Cable
mountain, famous for its rich ore de-
posts. The company has expended
$4,000. and it is the intention to in
stall the latest type OF dredge on the
property this fall. The work SO far
done has been of an experimental ma
ture. but a big body of pay dirt has
been found forty feet below the
ground. and tests show that this can
be worked at an immense profit.
The Butte & Superior company will
increase its capital stock from $780,
600 shares to 100000 shares of a par
value of $40 a share by the issue of
100000 shares at $3.50 a share which
means an addition of $1,000, 900 to the
Capitalization of the company. The
stockholders are to hold a special
meeting September "a to take action
on the proposed increase. 1t is under
stood the money is to be used for ex.
ploratory work and to acquire new
properties.
Inc Butte e. Superior concentrator
is working satisfactorily and is treat
ing In one-half the plant in the neigh.
borhood of 600 tons of ore a day, max
ing a recovery of 80 per cent of the
values. Early in October the company
expects to operate the plant at a ca.
pacitN Of 1900 ons or ore a day.
North Butte Finds More Ore.
A report from the Spectator mine.
owned by the North Butte
says n OF h hest strikes of recent
years was made this week on the 2,4OO
loot level. The width of the vein and
ore body is twenty-five feet, and the
ASSAYS Of several HAND samples run
from to IL per cent copper. The
vein is a strong one and the walls
solid and u%nbroken. Some of the min
ers believe it is the Edith May vein.
which was found to be badly faulted
in some Of the upper levels. 1t is the
policy OF the company to explore the
northern portion Of the property and
extensive work is being carried on
With favorable results in the SNOWFALL,
North Croesus and Berlin veins, on
the various levels. The is
shipping some Of its richest ore from
the SNOWFALL vein. while the Berlin
vein which lies but a short distance
north Of the Snowfall. has been omen.
ed in several places and shows six
1eet OF good ore at the various points
OF intersection. 1t averages 6 per cent
copper n carried from ten to thir.
teen ounces Of silver to the ton. The
Berlin is considered one Of the strong
est Veins yet opened in the North
Butte ground.
Paying its Way.
The returns from the ore shipments