The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1916-04-20
REORGANIZATION
OF TWIN PEAKSc co.
J. :. Fraser Submits Plans For Con
soIIdatIng Different Groups Of
Mining Property.

a half ago, the running of the
Mill was abandoned after about
a week of experimental work
in running the same, the re-
suit of which demonstrated
that at least 80 per cent and up
to 95 per cent of the ore values
could be saved by using the
Cyanide process. Mr.. David
Cough, one of the noted min
ing men of the South West,
made extensive tests in con-
nection with the experimental
work. He has found that over
four tons of ore taken from diff
ferent parts of the New Strike
Mine averaged better than $l2.
90 per ton in gold and silver
and that the ore could be mill
ed very economically. In April
1915 on account of some dis
satisfaction among the North
Dakota stockholders, we were
advised to give tn EN- an oppor-
tunity to run the business. This
was done and the North Da-
kota Stockholders now have
control of the Board of Direct
ors of the Twin Peaks Com
pany. Since they assumed
control about year ago, how
ever, practically no arrange
ments have been made to con-
tinue the operation of the
mines or complete and run the
mill.
Therefore, we Fraser Bros.
wish to let it be known that
due to the fact that we own in
dividually gold mining proper
ties consistin e of some 22O
acres locally known as the New
Strike group of mines.
We have organized the Gold
Buttes Mining & Milling Com
pany under the Laws of Ari-
zona with a Capital stock of
$500, 600. 90, shares at ST. .OOeach.
We are now increasing said
Capital stock to 10000 shares
for the purpose of taking over
the Twin Peaks including other
properties of merit in the vici-
nifty;
That the Fraser Brothers are
extremely anxious to get these
properties on a producing
basis and therefore propose un-
der the Gold Buttes Company
to commence business anew,
being firmly convinced that
with additional capital to block
out the ore now in sight and
available, the greatest possible
success can soon be reasonably
expected.
Both the Twin Peak ard the
New Strike properties have
been examined from the grass
roots to the end of the longest
drift and to the bottom of the
deepest shaft. The total a.
mount of development done to
date on these combined proper
ties is about $500 feet.
| refer the reader to the fol-
lowing mining experts who
have had occasion to examine
and report on the above men
toned properties:
Mr.. DAVID Cough E. NJ. of
Steeple Rock. N. Mex, (Mr.
Cough states that the New
Strike properties have the best
showing he has ever seen for
the amount of development
work done. That both Twin
Peaks and the New Strike will
ir his opinion with develop
ment prove very valuable
mines.
Mr.. E. 7. Morton E. NJ. of
Clifton, Arizona. (Reported on
Twin Peaks only.
Mr.. Ira B. Joroleman of Dou-
glas, Arizona. (Reported on
New Strike only.)
Mr.. Alfred Paul of Douglas,
Arizona, (Reported on the New
Strike only.)
Mr.. Hugh Wright E. NJ. who
is with the Mines Company of
America. (Reported on both
properties.)
Mr.. w. E. Pomeroy, 81 Paso.
Texas. (Reported on N e w
Strike only.)
All of the above Mining men
agree that the property is
good one aud should be dew
eloped and put on a producing
basis as quickly as possible.
| have letters and messages in
my possession to prove that
-. e 4. t.