m THE WEST SHOEE.
Katy and Old Chief lodes, mineral Metalic, are St Louis capitalists. The
claims lying about one mile northwest purchase price of the property was $40,.
of the Belle. The development consists 000.00 cash and twenty thousand shares
of a tunnel run in, directly on the vein, of the treasury stock of the company,
a distance of eight hundred feet The The location of this mining property
ledge exposed by this working has the is on the line of contact, one-fourth of a
same general appearance noted in the mile northeast of the town of Tower,
large, well-defined fissure Teins in the where are situated the dismantled works
Granite country of this district The of the Northwest Mining Company, and
ores, as a rule, have a general average within easy reaching distance of Phil,
width of twenty inches, are uniformly ipsburg, one mile distant. The E. D.
low grade, and lay to the casing of either Holland claim extends from the lime
wall, the vein filling being the usual contact fifteen hundred feet to the weBt
porphyritic matter interspersed with end line of the adjoining, or Little Tom,
broken quartz, heavily stained with man- claim. The ledge traverses the claim
ganese. Occasional chutes of good ore centrally. No development has been
were met with in driving the tunnel done at the point of contact to determine
This, together with other indications of whether the fissure enters the lime ; it
a favorable nature, has led the syndicate is fair to assume, however, that it does
to entertain proposals for purchasing not, as there is no instance on record in
the property at once. If this is done, a this district of the fissures of the lime
heavy hoist will be at once constructed, and granite connecting,
and a three-compartment shaft on the The Frisco ledge, as it is generally
Katy driven to a depth of five hundred designated, is a perfect fissure vein, of
feet This property will unquestionably the ore producing type. The walls stand
develop well, as in many respects it well apart and are compactly filled with
bears the same marked structural condi- quartz assaying from fifteen to five hun-
tions noticeable in the lower workings dred ounces. Here and there along the
of its distinguished neighbor adjoining, line of the tunnel, chutes of extremely
the Granite Mountain. Richard Penny rich ore are encountered, several of
i the resident officer in charge of the which are sufficiently large to justify
mining plant As an underground min- stoping. The developments upon the
er, competent and faithful employe, he property consist of a tunnel, driven in
enjoys the fullest confidence of his supe- directly on the vein, and a two-compart-
nor8, ment shaft, following the vein on an in-
The E. D. Holland and Little Tom cline, sunk to the depth of two hundred
lode claims are the property of the San and twenty-five feet A station was
Francisco Consolidated Mining Compa- placed at two hundred feet, and levels
ny. The capitalization of this company run east and west, seventy and eighty-
is $0,000,000.00, dwded into five hun- five feet respectively. Both of these
i.,8"? 8b&re8' f the parvalue workbgsare in ore better in every re
ef $10.00 each. The market value of the spect than any found in the upper, or
sfock is not quotable, for the reason that tunnel level The tunnel is now in one
the board of directors, by a full vote, thousand feet Eight hundred feet of
determined not to place any of the treas- this distance are in the Holland and two
ury stock upon the market It may be hundred feet in the Little Tom. The
Z 111 TTn1 fftC f this 8tands todred
ers, like those of the Granite and Bi- and fifty feet under cover, and one hun-