Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-04-03
ST. Louls-DrumIummon

ST. Louis DrumIummOn
The st. Louis Drumlummon Mines Inc
is a denomination Of the st. Louis Minin1
and Milling Co.. the consolidation OF the
Drumlummon group and the holdings Of the
St. Louis company. The consolidation was
the outcome Of the 10 years lawsuits be-
tween the st. Louis company and the Eng
/ lish company. the latter operating the
Drumlummon mine Applications are pend
/ ing with the Reconstruction Finance Corpo-
! ration filled Aug. 20. 1880 for loans Of $3.50 =
! 600 for the construction Of q 500-ton cyanide
plant for treatment OF 100000 tons OF accum-
ulated failing from the mines, and $50. 900
I for rehabilitation, and resumption OF oper-
I alton Of the mines, suspended upon the con-
cluson OF the lawsuits. The loan for the
cyanide plant was allowed" in May, 1885;
check samplng was done IN September and
October, the report flied late in November
and final action waits on the report
The Reconstruction Finance Corporation
looks not upon mining as an industry. It has
/ not yet arrived at the recognition accorded
b. SEC, viz. that, mining must be accorded
e different approach than is applied to in
dustrials." OF upward OF $40 applications on
file, May last. the st. Louis Drumlummon
application was No. 16 allowed" and some
thing less than $4,000 600 in loans actually
made out Of the appropriation by congress Of
100000. 600 to relieve unemployment an
the western mining districts.
Bell Boy
The Bell Boy Mining Co., holding options
on the Bell Boy and Towsley mines has not
been active during the last year. The Spokane
and other Washington interests spent con-
siderable money in development and pros
pecting, and in the construction Of a mill
on the Towsley property. The ball mill and
flotation equipment did not give satisfactory
results on the ''free-milling" gold ore OF the
Bell Boy and its operation. shortly, was dis
continued.
The Penobscott mine, one Of the early
discoveries and last worked by the Long
maid interests. is under option to M. Savage
and associates. The Snow Drift tunnel has
been reclaimed and some preliminary pros
pecting done during the past season. but at
present operations are at a standstill.
Channel
At the Channel mine. situated between the |
Bald Butte and Penobscot mines, on whi6A 4
prospecting and development work has been |
carried more or less continuously since 1922 /
work during 1886 has been concentrated on !
extending the Pacific Union tunnel and (
cross-cut therefrom to the Gilt Edge vein |
for the purpose Of driving on the latter to J
a point under the discovery Of rich gold ore !
on the Twilight claim The cross-cut inter- |
cepted the Gilt Edge vein in September and |
on the 1t8h drifting northeasterly was begun. /
An up-to-date plant has been installed /
at the portal Of the tunnel in substantial /
buildings; a $50 Gu. IT. p. m. Ingersoll-Rand,
two stage motor compressor and ventiuating /
fan provided. and drills and small tools for
the winter campaign.
Bald Butte
stratton g. stratton have suspended their
operations on the Bald Butte mine, purchased /
several years ago, leasing the mine and |
mill, the latter TO leSSeeS VINO nave been
cleaning up the old plant. The Bald Butte
mine built up the fortunes Of its Helena
owners, out Of a production slightly in ex-
cess of s3,500.000, returning upward OF so
percent Of its gross recovery in dividends.
This money" was taken from the lowest
No. 6-tunnel level to the surface, the collar [
81 the Sincox shaft being 487 feet vertically |
above the tunnel level, practically all the
ore coming from the Genessee claim, Of the
II claims owned What would such a mine
De worth today. at the present price Of
gold; with modern equipment and electric
power; with the advanced metallurgy, and
With present transportation facilities?
The failure Of the present owners to de-
'elop new ore deposits IS unfortunate, not
alone for the stockholders. scattered over the
country, but also, for the district Wylie
Gardiner has lease on the old mine, above
70. tunnel level and the lessees on the
Mil, have taken a lease the old workings
rom No. 8 tunnel to No. 4.
shannon Mine
The Shannon mine, operated from about
913 to after the World war, a Barnes-King
Development Co. operation, with a produc-
ion Of upward Of S2,75o,O00 worth Of gold
md silver has been idle up to the past
eason. Williams g. Smigaj and associates