Montana labor news., 1936-12-24
Montana Mining Notes
Continued from Page 81

cent to 20 per cent. The property,
which formerly produced silver ores,
has been shut down since 1924.
1t is expected that operations
shortly will be increased at the Black
or Jiggs group of the Phoenix Gold
Mines, situated in Ramshorn Gulch,
about ten miles from Sheridan, Mad
ison County. The property lies be-
tween the Steiner property and the
Agitator and Concentrator group,
both Of which are producing gold
and some of the base metals. Phoe-
nix, under the supervision of l.. 0.
Thomas, well known Northwest min
ing man, expects to drive a tunnel
which will cut a gold vein and a vein
containing, gold, silver and lead, less
than two hundred feet from the por-
tai of the proposed tunnel, giving
mining backs of at least $50 feet at
the point where cut.
Basin Montana Tunnel Company,
in the first nine months of this year,
made a profit of $58, 1861, before
depletion and taxes, according to a
statement of Allan A. Ryan, Jr,
New York, president of the COM
pany. In that period the company
treated 1926 tons of ore from its
Grey Eagle and Comet Mines in its
200 ton Comet mill, with gross value
of $394,64l.53 its products being
2,06l tons of lead concentrates, 2,423
tons of zinc concentrates and 1929
tons Of iron concentrates. In Octo-
Der the company produced a gross
Of $4,000, an all time record, and
it is reported this will be exceeded
by November figures.
Gerald Sherman, of New York,
formerly with Phelps, Dodge and
Company, is consulting engineer,
Frank Macpherson, Butte, is super
intendent and George G.. Griswold,
Jr., Butte, is metallurgist.
Virginia City Mining Company,
located south of Virginia City, Mad
ison County, has let a perpetual
lease on its property, at a gross roy
atty Of IA per cent, according to L.
w. Choate, Miles City attorney, re-
Gently elected president of the COM
pany and a director. George M.
Black, merchant of Fargo, N. D., was
elected v~ice-president and a direc-
tor and H. L. Winchester, of Butte,
was made secretary-treasurer 9th
er directors elected were John T.
Andrews, ]. c. Patterson and Ward
Thompson, Butte; Alden Clark and
Dorse Pewitt of Virginia City.
At the November meeting of the
Montana Section Of the American
Institute of Mining and Metallurgi-
cal Engineers, A. S. Richardson, head
of the ventilation department of the
Anaconda Copper Mining Company,
made an address on the workings of
his department, the meeting being
held in his laboratory, where he de-
monstrated the different machines
and apparatus used in testing under
ground air, especially for dust parti-
cles. He was followed by Professor
Melville Sayre, of the staff of the
Montana School of Mines, who spoke
on Archaeological Problems Of Mon
tana. Dean Minor Roberts of the
University of Washington, was a
guest,
Butte Gold Mining Corporation
has been formed by Hugh O'Keefe,
Frank Benich, William H. Reilly, E.
Sawyer, Of Butte, to operate four
claims in Bull Run gulch, north of
Walkerville, a few miles from Butte.
Company is capitalized at 1000, 900
shares, par value five cents each.
Thomas A. NARROW, Helena bank
er, and associates have taken over
the Beaver Creek group Of gold pro
perties from the Whitcomb estate
and George Powers. The property
is a developed low grade venture,
having been developed by the late
Charles Whitcomb and Sam Good
man, of Great Falls. 1t is situated
a few miles north of the Ruby Gulch
property in the Little Rocky Noun
tains, Phillips County, north of Fort
man. William Price, mining engin-
eer, is in charge Of operations.
Montana Southern Mines Com
pany has finished its 100 ton flota-
ton concentration, near Pony, Madi-
son County, and has started opera
tions, under the direction of Milton
/. Leydig, president and general
manager. The gold ore, which is in
a vein over 80 feet wide, is being
mined with a gasoline driven Bay
City shovel and is being trucked to
the mill. A bench is being cut at
the primary bin level to give a low
er bite on the ore.
Standard Silver and Lead Com
pany has declared a dividend of one
cent per share on its 100000 out
standing shares, payable December
"a to stock of record November 20.
The company is operating the Jay
Gould gold mine and Cyanide plant,
at Wilborn, Lewis and Clark Coun-
ty. It is being managed by Stan
ley R. Moore, who is also vice presi-
dent of the Mining Association of
Montana. Ralph T. Hopkins is mill
Superintendent.