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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (May 18, 1904)
Wednesday, May 18, 1904 THE SUIWPTER MINER RICH ORE IN STANDARD Body of Cobalt-Gold That Carries Over Three Hundred Dollars to The Ion. Dr. Ed V. Mueller, maunder of tbe Staudard Consolidated Gold Mines, returned from tho property in the Quartzbnri; dlHtrlot last night, with Humpies of gold-cobalt nro from the face of the iniiiu Standarsd tiinuol that will uo 911(10 Hiid probably better. Dr. Mueller tirtmvthr In with hitn about -00 poiindH of rook, Kit) inuuds of which was a solid slab of Kold cobalt from tint fnco mentioned. The assay far uold alone at tho mlno ran 380, ami there is at 11 low estimate fifteen per cent of colmlt, which will iiriuK the value up to rally 8U00. it i very pretty ore, prolmbly us lino tipeeimetiM of cobalt as havo over been exhibited in Similiter. There Ik something ovor 11 foot, of this high grade ore in tbe nmiu tuuuel of the Standard, Dr. Mueller says, but it Ih flanked on both sides by h good body of lower grade ore. Development work, Dr. Muoller nays, la being pushed iu three faces, tbe best showing of whiuh is the one already mentioned. Tho others, however, Hre satisfactory. Thoy nro tbe ClerelHud drift, cutting tho niHln tunnel Ht an auylo of about thirty-five degrees east of north, and what is kuou as tbe porphyry drift, paralleling the Stadnard. It is rumored In the Quartzburg district. Dr. Mueller says, that tbo Copperopolis is soon to install a 100 ton concentrating plant. Ho heard uo details, however, concern Inn the improvement. The roads to Quartz burg, the Standard man says, are rapidly getting iu Hue condition. At present there are only a fow soft places, and there is practically now no obstacle to travel. 'quartz encountered In the drift. ' ' Molybdenum Is one of tho rarer metals found ohiclly in yellow lead ore, or wulfenlte, and molybdenite. It belougs to the chromium group, Is fused with dittlculty and insoluble in most acids except nitric. When reduced it presents a sllverlnli 'appearance. Molybdenite, the va riety of ore from the lied Chief, occurs In foliated scales or masses. of a leadish gray appearance some what remsembling garphite iu its I crystallization. The similarity of color and crystallization, iu fact, led to a I'oufuslou of tho two min erals for years. The differentiation was established by Sheelo In 1778. 'when he proved thi difference by showing that molybdeulte yields u white earth by oxidation. PORTLAND COMMENT ON THAT RET) BOY DEAL MOLYBDENITE AT THE RED CHIEF A molybdeulte etriko has boon made at the lied Chief iu the Cablo Cove district. W. X. Gardner, sup erintendent of tho property, was iu towu today on his way to visit his home at North Powder, and exhibited u specimen of the ore. Ho has had it assayed and it is molybdenite be yond any uestlou. It is a very rare form of molyb denum and found iu ouly a fow lo calities iu the United States. Mr. Gardner says the ore was encountered in the main diift of the mine 7.ri0 feet from the mouth of tho tuuuel. It Is scattered through the quartz, occurring iu small kidneys. The sample he had with htm showed tho molybdenite iu a quartz matrix. The entire piece probably would uot weigh over an ounce, atid at least tweuty per cent of it was molyb denite. Mr. (ianllnor has not been able to foi u any estimate of quautity iu which tbe metal occurs, since it Is uot deposited iu any well defined vein but scattered throughout tho As an exhibition of deuce Igno rance, this from tlu Portland Tele-1 gram, following the telegraphed an I nnuueement of tho judicial sale of i the Keil Hoy niltio, is the prize jwlnuer. The Telegram says: , "That further litigation will follow tho purchase of tho Ited Hoy mine by Chicago stockholders, is tbe opinion of Portland residents who' hold Interests iu tho company. It Is claimed tbo passing of the lied Hoy Into the hands where it now rests, will mean reorganization under man ' iBBoment not entirely desirable to' the Vhlldaolphla persons iutorseted, with whom some of tho Portland , Btockhlodero are allied. "Local stockholders of the Red Hoy claim that tbe salo to auyono outside of .LIS. Rugllsh, of Philadel phia, who has been in Haker City for J the last week In the interest of the stockholders of that city will mean u complete rn organization of the company. Should this be done ' it will mean the lus to tho smaller ' stockholder of tho umoiiut of money ' they have invested. There are many ; such In Portland and Salem. Many, of them censure ,1.11. Itohhlus and James A. Howard, the former being I a heavy stockholder and tho latter' the secretary until about a year ago. I inasmuch as they sold a great amount) of their privato stock when the stock for development was ou the market." I 'In the first place, J . English la not from Philadelphia, and was acting Independently of the Phil-' adelpliia stockholders, until they joined forces with him, In a reorgan ization deal. The Philadelphia people bought their stock from Hen-1 sou, a Portland man, who sold at a1 high prl"e while treasury stock was; being offered and caused the trouble which the company has experienced. He refused In contribute any money towards paying off the Indebtedness, and will lose what ho has left, unless he puugles quick. ,1. (1. English, who recoired his stock iu payment for the (ilncondi, is reported to have furnished Z'.l'i. 000 of tho 880,000 paid for the property at the sale. This is much more than his proprotiou, and it is leported here that he advanced J. K, Godfrey's share. J. A. Howard Is iu no way re-' spousihlo for the Ited Hoy's financial ditllcutly. Hois both a creditor of aud a stockholder iu the company and put up bis share of the money to' buy iu tho mlue aud save it for tho ' stockholders who care to protect I themselves, at tho nominal coat of loss than three cents a share. I (4? OP SUNPTER Capital Stock - $25,000 Surplus, S1000 OFFICCRS J. W. SCRIBER President ED. W. MUELLER, - Vloe President R.H.MILLER . Cashier Safety Deposit Vaults Gold Dust Bought Does a General Banking and Exchange Business B1IB111 HOIFORST.LOUISANDTHEWORLD'SFAIR WILL YOU BE THERE? Q Nature's Art Gallery of the Rockies In addition to the JKv Attraction at Si. Louit. This can only be done by going or returning via the "SCENIC LINE OF THE WORLD." UNRIVALED SCENIC ATTRACTIONS NEQUALED DINING CAR SERVICE NSURPASSED IN EFFORTS TO PLEASE Write for Illustrated Booklet of Colorado' Famous Sights and Resotls W. C. 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