Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-08-10

! uittldtt OpcfdttOHS Ut It's HDldiI1SS. COu
sisting of 10 claims near Saltese. Mont
According to the officers of the com
| pany, there has been a splendid show
ing of lead-silver ore there and alst
sorne high grade zinc. The stockhold
ers ratified an option granted on
large block of treasury stock to Their
rett Towles, an attorney. who is be
lieved to be acting for eastern inter
ests. The amoun of the option wa!
not stated.
When the contemplated new road Il
constructed from Deer Lodge to tn,
Champion mine it will be of great util
ity to persons going to and from tn,
property. The Champion mine. nov
called the Butte-Jardine Mining & Mill
ing company, is increasing in activity
and equipment is being augmented with
a 100-horsepower electric hoist. Some
of the best silver ore discovered in this
property is being worked at the pres.
ent time. A meeting of the stock
holders Of this city will be held August
II and election of officers will take
place. The old Champion mine was in
years gone by one of the big silver
producers of Montana and from indi
cations it will in the near future regain
its silver producing ore.
John w. Farrell, who is working the
Gait and Peabody mines AT Neihart.
was in Helena last week with three
ears of ore consigned 10 the East
Helena smelter. and the following story
of the activities Of the camp appeared
in a local paper in that city:
Control samples from Mr.. FarrelFs
shipment sent to the East Helena
smeiter ave returns under assay of
16S ounces silver and 13 per cent lead
During the operations of Mr.. Farrell
which have been continuous for the
past two years, he has mined and
shipped so cars of ore.
The Gait mine is an old property
which is largely owned az to stock BY
Montana people. Since it was leased
to Mr., Farrell he has opened and ex-
tended a tunnel a distance of 400 feet
The vertical depth is less than 100 feet.
but the lead, which is about 10 feet
wide. carries a streak of ore which is
from eight inches TO three feet in
width. The remaining seven feet of
grangue assays an average of six
ounces of silver to the ton.
The Cascade Mining ompan ground
is under operation by ~leasers and they
are reported as doing very well in the
mining of ore.
The Neihart Consolidated Silver
Mining company is the biggest shipper.
Its output averages about 16 cars n
month, which Is consigned to the East
Helena smelter.
The Silver Dixie has a crew of 80
men WORKING. The property is owned
by the American Zinc company and the
plan is to mine and mill ore on a large
The Silver Dixie is 200 feet
wide and carries gold. silver. ~copper
md lead. A test shipment of two cars
slnelted gave returns of about S14 to
the ton. which is regarded as very good
for milling. A contract for IOOOI
horsepower has been contracted for
the Montana Power mpa
This power is to be used for operating
frllls and running a milling plant.
in the Benton group not much is
'eing done except on the Snowdrift
is under lease. 1t il reported
rs looking we'll"
The stocks of refined copper CON
niue to decline so that the statistical
position of the market is improving
II the time. according to a New York
Total stocks of refined con-
'er on July l. amounted to 279.OOO.-
NM pounds, as compared to $4,000
NO pounds on January |.
The value of silver mined in Mexico
rom the first years of the Spanish
onquest to January. 1929 reached the
n $4,000. 0OO. 1000 in American Cur,
nPrprdtnC 70 q rannr{ ..u
lied bv the Mexican Nareau of mines.
according to this report. two-thirds
# the worlds silver in the last 40
ears has come from the Mexican
mines. Since 1920. when the Span
ards began the orderly exploitation of
mines in Mexico. there have been
large quantities of silver each
ear. Production has increased reg
larry. Mexico has recently become a
acre peaceful state and it is expected
hat production of silver will mount to
ew high figures.
w, e. Watson has received a large
rilling machine from the Star Drilling
lachine company of Akron. Ohio. The
,achine was driven to location at the
ladison spring on the Vigilante trail
nd actual drilling operations have been
demonstrated. a number of holes will d
e drilled along the Tobacco Root
for the purpose of locating
center of the ancient channel in
'hich Alder creek Is believed to have
IN before the volcanic upheaval which
'rmed these mountains and shifted
he stream to It's present location, says
,e Madisonian.
Mr.. Watson is confident an ancient
yer bed lies under this ridge Of noun