The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-08-26
ONTARIO MINING
PROSPECTS BRIGHT
Despite Strikes and Shut
dowrJ Development Goes
on Steadily.
RESUMPTION Is IN SIGHT
Production on Vastly Increased
Scale Certain When COndi-
lions Are Settled.

tAOho al v 0OOthS"
CoBALT, Aug. 26. - Despite the fact
that 5000 miners are on strike and two
Of the large northern ontario mining
camps tied up--involving over s125, o0o,-
900 in capital, OF which at least IS per
cent comes from the States Of New
York, Massachusetts, and Pennsylvania
the signs of the times are that things
are exceedingly bright for the stock
holders.
The Cobalt camp, with over $500
miners and twenty-five producing mines.
has now been tied UP four weeks by the
miners strike. and the Kirkland Lake.
involving few producing and several
rich developing gold mines, has been tied
up eleven weeks. The Cobalt mines have
lost over million in silver not pro-
duced, and the kirkland Lake about
$10b, 900 in gold. OF course this has only
been held back and is still in the ground.
The Cobalt miners have lost 100000 in
wages and the Kirkland Lake workers
sac, 900.
The bright spot for the shareholders,
however, Is that the mines have had a
breathing spell, and most of the large
enterprises have not lost time. This
has resulted in the extension OF opera
lions by the mines to other fields. with
the result that when operations are re-
sumed 1t will be found that many of the
companies will be on a much larger
scale.
A review of the whole mining situation
In the north gives good reason for the
assertion that this year is good year,
and that its goodness will receive q
mighty forward push when the labor
troubles are settled and the agitators
have lost their grip on the men.
The Porcupine gold mines are the big
moving industry at present. over $500
tons of ore are being treated daily by
the Hollinger. Mcintyre, Dome and Da-
wilson mines. This Is running about
81, 900 900 for the first half OF this year
according to the reports recently issued
This means that the bulk of the ton
mage is ten dollar ore. The nonproduc-
Ing but working mines are Porcupine
Crown, Imperial, Clinton, Dome Lake
Inspiration Gold Reef. Anzac and Keora
In addition there are several small OPP
erations on the outskirts of the camp.
New Companies Get Ready.
The outlook for this camp is bright
There are about ten diamond drill con
tracts being carried out on various
properties, and the reports are that sew
eral new mining companies will soon bt
launched. II was recently stated at q
Chamber of Commerce banquet that moi
che prospect in the history OF the camI
had failed. unless through bad manage
ment or lack Of finance Besides these
new companies the Hollinger, Dome
and Mcintyre are increasing theil
plants and will require a large number
of men. Production at the present tim,
Is delayed because OF lack of labor. Fol
| instance. the Dome is running 100 tons
II could run 1900 II 1t had the men
The magnitude OF the Hollinser work
| ings is evidenced by the fact that thi'
mine has now 100000 odd dollars
! OF reserve ore. Below the 425 feet leve
| the only ore 1t has milled has beer
from the drifts.
The Mcintyre has been doing som'
wonderful development at the 1000 foo
level on it's different properties and will
| now go lower. It Is the deepest mine II
the camp. and diamond drilling to 1906
feet shows ore bodies of value equa
| to the best In the mine
The Dome Is planning for deep mininl
also and will devote its energies 10 car
rying workings down to the f,l50 foo
level. THIS mine !s essentially low
grade proposition and the mill head
were running IS before the mine CLOSED
last year. At the present time the out
put 10 about as great as when the mil
was running full force then. The s.
ore development, which Is on Dom0 ex
1 x..tIt ~ At,Vao
to the mine. Stockholders may witt
confidence look forward to 8 per cent
dividend In January. Dome was for
merly on a 20 per cent. dividend basis
The Davidson amalgamation ha
added much interest to this mine. 1t
main ore bodies extended into adjoining
properties and this led to the formation
of the Davidson Consolidated, Just con
oluded. This mill has recently beel
treating $40 ore.
Clifton is now working on the frs
level, recently picked up in the driftini
on the Boulder vein. It shows a higl
grade Of ore full width and much visibl
gold.
The Dome Lake has been retarde
since its plant was partly burned abou
a month ago. Work Is being pushed o.
the 600 foot level. 1t will be week
before the mill Ia running.
The Imperial expects to cut the vein
found on the surface in cross cuttin
at the 100 foot level
Porcupine Crown 10 cleaning up tn
cavein and getting in shape for the re
sumption of mining.
| Developments at Kirkland.
In kirkland Lake camp. despite othe
reports only one--the leading mins
Lake Shore, controlled by Buffalo inter
ests--has been flooded. All tho other
have kept their pumps working. Will
all the mines are at standstill, de
velopment work Ia going ahead on man
new properties. and a largo number @
striking miners are engaged In buildln
a road into the camp. The CRANKY
Kirkland. controlled by Toronto and Chi
caEo interests, Is a new mine, wit
three excellent veins showing. The be
lief II that this strike will be settle
with the Cobalt one.
Boston Creek Is going ahead rapid!
Several good finds are reported in Cath
arins township. and as many pros
pectors are out In this section now NOR
are 70 be expected. The Miller Indc
pendence. controlled by Dayton, ohi'
people, rs the leading mine. II wa
recently destroyed by a forest fire, bl
plans are already out for a new an
larger plant. Work Is also being dor
on the Boston McCrae, Charette, Nor
deau and Kennedy Boston, all controlle
by United States capital. The Patricii
also burned in the forest ire. which
owned by New Workers., Is to be rebuff
Perhaps the mine that holds the bi