Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1913-08-19
find runs
$4O0 TO THE TON
Millions 10 Sight at Spring.
hill Mine; Partly Owned
by Olga Nethers0Ie

Helena, Mont, Aug. 18.-ln the
S%pringhill mine, five miles south OF
Helena, gold ore was encountered this
week which runs $500 to the ton. This
mine is owned principally by w. G..
Conrad, the Montana banker, but as
ISOLATED with him are Olga Neither
sole, the actress, and other prominent
persons. Mr.. Conrad, however, owns
the controlling interest, and he has
had a small force at work on the mine
for two months, and the work that
has been done proves that 1t Is even
richer than it's owners have believed.
There was insight from previous
development a million dollars worth
of gold ore, as estimated by conserva-
tive engineers, and recent develop
ment shows that there is much more.
1t is understood that after the mine
was. shut down several years ago, Mr..
Conrad was offered $500, 900 for the
property, but refused the sfYGsE.. ~.
The ore heretofore minedS5has been
of good grade and there liza ire
mendous tonnage of it blocked out in
the property, but the hauling distance
was SO great that it ate up all the
profits; consequently the mine was
closed and has not been operated for
four or five years. 1t is said that
when the mine is %reopened a reduc-
ton works and concentrating plant
will be built. |
Fl. D. Quimby, manager of the
Dyumlummon mine at Marysville for
the st. Louis Mining and Milling COM
pany, has closed that property, acting
under instructions from the st. Lonis
Office. The shutdown is pending f.
nancial arrangements to pay all the
obligations and to raise a working
capital for the proper development of
the property. Mr.. Quimby says that
the cost of erecting the mill "a ex-
cessive and beyond the estimate, also
that the old 6O-stamp mill required
more repairs than showed on the IT.
face and in consequence of the heavy
expenditures the St. Louis company
ran short of capital and was not able
to do the work in the mines that it
wanted to do. Mr.. Quimby has resign
ed as manager and will go to Salt
Lake, where he has several positions
in view.
There is a report in circulation that
the Montana Mines company, old own
er of the Drumlummon, which pro-
duced $4,000, 900, will probably take
the property over from the st. Louis
company. and if so, will work it on a
large scale! ~
Another strike of ore has been made
in the Copper-Silver mine at Scratch
Gravel, in which mostly Helena men
are interested, and of which E. r. Pur-
nell is manager. Just how valuable
the strike is has not been determined.
This week, when at a depth of 435
feet, the miners ran into what ap-
pears to be a good grade of primary
sulphide rock. The shaft will be con-
tinued to the 500-foot level and from
that point crosscuts will be run and
the veiens opened.
A meeting of the Wickes-Corbin
Copper Mining company was held in
Helena this week, ad the annual re-
port was made, showing the aqairs
of the company to be in frst-class
shape. ... -. E'.
In western Montana, in the Iron
Mountain district, there is more &C.
tivity in mining than eve before.
Another important strike of ore has
been made in the Blowout mine in the
Rochester district in Madison county.
and it is believed an extensive ore
body has been encountered. "
A large body of ore has been open.
ed in the Boss Tweed on the 600-foot
level, and averages $40 a ton.