The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1913-01-24

Cording to the laws of New
Mexico for refiling on the first
of January, 1912, as the assess
ment work had not been done
according to law. So the
Fraser boys and A. n. New
house all located includ-
ing two other men who were
so anxious to get it that they
were planning on running a
race on horse back over As
miles to Silver City, New
Mexico, to file.
Jitn's new gold strike was
made on the adjoining claim
southeast of the above. Jim
located this claim several years
ago but did not find the rich
ore until last spring. Then he
did not do any development
until last fall, when he decided
to employ a few Mexican min
ers and sink a prospect shaft
which is about 4 X 6 feet in the
clear, with a windlass for hoist
ing the pay rock. In this
tedious way about six car loads
of ore of about 40 tons to the
car has been taken out. four of
which have been shipped to
the smelter with net results as
follows: Car No. 1 $38. 80 per
ton; car No. z, $62. 66; car No.
3, $34. 80; car No. 4, $44. Two
more cars are being loaded
now. The average of the above
per ton shows approximately
$40 per ton, though the boys
declare it should be- $50 per ton
according to tests made against
the smelter. On this grade of
ore, allowing $40 per ton for
handling, the Twin Peaks Co.
could clear at least $50 700 per
day with their 100 ton daily
capacity mill.
have been asked what the
above had to do with the Twin
eakS company.
1t is true it is a separate
property, but it is on the con-
tinuation of the same forma-
ton which goes to prove to the
world that we must have the
goods or the Phelps Dodge Co.
which is one of the wealthiest
mining companies in the world
would not come into the dis
trict and agree to pay $3.50, 600
subject to approval.
have also been asked why
the Twin Peaks COMPANY did
not buy the above property,
This is the reason. We are
selling to help the Twin Peaks
company in case the company
needs help financially later on:
also for the reason that if this
big company comes into the
Twin Peaks district adjoining
us, the whole mining world
will be watching the develop
ment of the district with the
greatest interest. Some of the
noted metallurgists of the Unit
ed States have already visited
Twin Peaks and at least a
dozen millionaire concerns are
eager to buy the company out.
But to sell in our present state
of development would be going
against our own Judgment and
the advice of all of the expert
mining lei who have been
employed from time to time to
check up the development work
done and give their honest
opinions.
In September 1911, the firm
of Morton & Cobb, mining and
civil engineers, of Clifton, Ariz.,
made the Twin Peaks company
a favorable report. A few
weeks later a Boston mining
firm sent Mr.. Morton to ascer-
tain as to whether or not the
company would consider an
offer of $500, 600 for the Twin
Peaks mine consisting of only
the gold group of claims, not
including the 1870 acres of
copper ground and supplies,
mules, ETC., etc.
We consulted Mr.. Morton in
regard to what was best to do.
His answer was: IF you bows
can get $25, 600 to $50, 600 to be
used in sinking the mine from
23O feet on down to $40 feet
with stations and development
on each 100 feet level, don't
sell" Our answer was yes,
for with his report we figured
we could surely get it. Then
he stated cut out the $500, 600
offer and 60 after it," Stating
Twin Peaks look the best to
him of any property that he
hod oxyor AvovnA foe Al,