Montana labor news., 1935-06-20
GOLD PRODUCTION IS
INCREASING

Ddsn montana lunnel company up
Grating the Grey Eagle and Comet
Mines about 9 miles northeast of Basin,
is engaged in pouring the concrete Tor
the foundations Of the new double
drum, 1000 foot electric hoist to be in
stalled at the Comet. When the new
engine is installed an enlarged develop
ment program will Immediately be start
ed. Milling operations are reported as
good with 100 tons daily being put
through, the new plant, which is among
the most modern in the state. At a
recent meeting of the company direc-
tors in New York the following were
named to serve on the Board for the
ensueing year: Frederick S. Allen,
lanes A. Burden, Jr., Harold w Dolph,
VIM. H. Hax, James E. Hulick, John
G. Hun, Norman S. Mackee and Allan
A. Ryan, Jr. Mr.. Hulick is a new mem-
Der, the others having previously serv-
ed.
Basin Goldfields, Limited, operating
in the Pole Mountain district about a
mile and a half northwest of Basin,
Jefferson County, is now loading the
fourteenth car of high grade gold ore
produced during the course of develop
ment. About 100 tons are in the bins
ready for shipment. Recent assays
indicate that the ore now being load
ed for shipment will average about 4
ounces Of gold to the ton. Some of the
richest gold ore that has been opened
up in Montana in recent years has
been found on the property. A vein
recently uncovered shows better than
a foot in width and runs over 7 ounces
in gold. Work is continuing on this
vein to determine its exact extent and
width.
Montana Consolidated Mines Cor
poration, operating the Spring Hill
mine near Helena, reports the ship
ment of three cars of gold concentrates
so far in April, for which they received
nearly $4,000. Two additional cars at
the smelter and another being loaded.
1t is now stated that II cars monthly
are to be shipped hereafter. The mill
is handling about 240 ions a day. The
company also owns the East Pacific
and Klein-schmidt mines in the Win
ston District, these properties showing
values predominating in silver and their
position is greatly improved by the re-
cent rise in the price for newly mined
silver. 1t is expected that both will be
in operation later in the summer
The flotation mill OF the Granite BIZ
Metallic Company, operating in the
Flint Creek District, near Philipsburg,
Granite County, burned down on Sun
day, April 18th. II is thought that a
carlessly thrown cigarette caused the
blaze which completely destroyed the
plant. This is one OF the better known
old time silver producers of the state
having yielded over 100000 ounce of
silver per annum with a total output OF
around $60,OO0,000 of which $~14,0OO,OOO
was distributed in dividends. The dir
eotors announce that the mill will be
rebuilt Immediately.
The Butte Highlands Mining Com
pany, operating a gold mine in the
Highland mountain district, IA miles
south Of Butte, report regular ship
ments of concentrates by truck to the
Anaconda smelter. They are operat-
ing a so ton mill and report good re-
suits. Concentrates run around 40
ounces in gold to the ton.
=
Leo J. Coady and George Griswold,
prominent Butte mining engineers are
constructing a floatation mill for treat
ment Of the ore at the old Heating
mine near Radersburg, Broadwater
County. The mine had an early pro-
duction record of around $5,000,000.
Values are principally in gold.
Some idea of the activity in and
around Garnet, Granite County, may
be gained from the fact that II ship
pers from the district are sending their
ore to the Anaconda smelter.
=
The Anaconda Copper Mining Com
pany is reported to be shipping gold
ore from the Shafer lease, near Argenta
Be%averhead County, which property
they are operating under lease and
bond.
The Humphreys Cold Corporation of
Denver with headquarters at Butte,
plan extensive operations in the Virg-
mia City district where they have taken
over a considerable portion of the Old
Alder Gulch channel and will construct
an electric dredge. The company will
employ a large crew and add materially
to the activity of the district which is
fast assuming boom proportions. A
great many operations are opening up
throughout the district and accomoda-
tons in the town of Virginia City are
at a premium.
The Pacific Gold Mining Company,
operating the old Boss Tweed Clipper
property neal Pony, Madison County,
reports successful operation at both
mine and mill. The property is con-
trolled by a group of Seattle Japanese.
Carl J. Trauerman
III -