The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-01-25

~ nave been made for financing otherwise
81 LAKE
me action of this issue Of late the fact Tim, u .
W. Is interesting and especially comparing
VIZ" '"e "he IL was floating In air: TINT
n Us selling In the s9O's. Then a great MAN., u, ~
aiming attention TO Its Phenomenal richness and ,a,p,
Fi-' Tor !" Another comparison the selling nr,oa :,
n Lake a property that shipping and cons,dou.. : "
e' up WIN real work OF drifting and storing and ro,
" '' "o'e mime mat has not pound of copper unoo,
70 more eViueht every day people would rother
| -. " " ''N''o"h quantity than invest a known
''S' ana 'hat usually 1t is the best time to Sell i,st
'e'ore 1t property enters the producing stage
Al present Lake is shipping about $50 ions Of r, an,
| ~ ~ S'e'oing about S2 pounds mineral to the ,
i"ese shipments are coming from both the stocLnu -
| ''s' Underground Even though the swinging Of thu
| - w u''""'sheo Lakes mineralzed area IL wonlo sea,
| ~ " "''"s'hs better than present quotations
as compared with selling prices of the other ~,
| perior coppers. Then again the deyelonm.n,s - =,
se" series on the South Lake property are Iik,, =,
have IA favorable bearing ON Lake The -, - "
'outh Lake by Lake inevitable and :, MAS, =,
" Tue reason mat Lake is being held down
kEWEENAw-
~ as yet there have been important deve,or
"eh's IN diamond drilling this property we ara a,,a
u understand by an official the conpanv that ~,
" 'o"auoh VIII be encountered inside of 2o0 Foo,
NO. III hole Is down about 400 feet and No 20 ,oo
From unofficial sources we learn that :, =, 49,, " ''
'"e "S'ped lode will he encountered in both ho,e 60,
NV" VI 'V' iee' ana from this e would inernra, h,
'"' MANAGEMENT is very conservative in placn m,
lance Ia 200 feet ~ " ''S
'heSe holes are located on the north hal, %, a.
nan oil Section II. Township 5S Range 20 ne,r ~. -
ana south center subdivision line of This scS,,
Section. me OF The
ORE BELLE
ms company has been refnanced and active ayo,o,
,o,n, - upon nhwatering the shaft I was
10 re-tmber IL for about 200 feet which
=. ''e'ed on January 9th. Sinking was started
" ooh as the shaft was -tmbered and on tho ,,,, .
his month the shaft was bottomea ~ , 49,, - "
As compared with a depth of $50 feet an ,,. OF,
sinking resumed " ''' "n'n
" reported they have been getting some or. IN ~,
anu 1t Is quite possible there will be some impor,ot
'eop"eh's at this property from now an r, n,
.y'i, ""S winch adoins the Belle Is erectp,
49,, S'"'"s considered. the future of the prom
ny o'ers great possibilities The companys hod,nss .r
Gated near Hart, California and the stoc, 70 ,., -,
Z me Copper Country and IN Duu,b
uPsRIoR & BOSTON,
80" was received this week. stating the unraiss ,ro
y, -, "a, -, Wv " 'eVei is In high grade ore AS given
~ VI the company, three feet of the ore as
"eu better than $40. Some drilling n.o A., ;,
A"s'hs' and the sudge from holes nut in for 49,, -,
~" copper and while assaying the s,,dsa
io' 'S satisfactory assaying the rock - .,,. :, :,
~ ' 'ahsihs wall side OF he vein had M, h..,
u'hs TO advices at the present writing tho
. ~ VI ore mas been proven o a distance Of
. So. "'''' '"o'a''ons that the hanging wall side had
It been reached ~ e "au
,, =, ~ '"'por'aht strike at the property for
oo,o,, past ana "hie the raise has been in ore for
'euea''y It's entire distance from the 81, lave, 49, 60,
~ as r'ch as this have been encountered !, ,,,
" "'''ate that the ore body extends cons,d.r,,,
than point 'e'ao'y nigh
no ~ caused n rally of nearly a point =, This ,
4 S'ockhoders very much ,ra,,e, ,,,,,, 10 ~
nus nave been made. it quite lkeIv rna,, ~,
o'' VIII be published time the latter o, 80 -,
ming week 'e' part OF the
luMET HecLA-
~ ."'o"s are that the production for Januarv vii,
. ' increase over the figures for Dec.u,
y" were the smallest the wear 1919
osc.o, -, S increase in rock shipments from
, ''''' NO. Is shaft which was former,v ,t,
,, w snip Is now hosting sides: thar ,s ,,
e,so i, -, eh's' There has been n material
~ III the output from this shaft
NO. IL shaft on the Osceolo ,ode ma ,
-, W receive the smaller hosting engine "a,
'ery IN use at No shaft This o,
lug temporarily, or until a larger ona 4, =,
=, " 'e construction of the larger eny,r. o., =,
-, " p"Shed as rapidly a possible. ana W.,
"a ~ compartments of this shaft ym o,.
sb.,, .,., ~ ivy are only hoisting on one side az
:, VIZ" "Ve-'on skps while az ton sk,ns min :,
'''"'S when the big engine is IN
"a nr. =, " VI o"e old drilling machines in ma
y present time on the Osceoa br,no, :. a., " ~
= 10y nave already been repaced or ora -,
. S as possible by the orc. man r,er -
" 'oo mat these man machines
'" III reducing the cost 10 breah . a..