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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
May 11, 1903
Page
7
Alfred B. Iles a Mining Engineer and railroad builder spent three years in the Valle district and in the last two days spoke of the great copper deposits there A W McCune also returns from South America with news of mining prospects in the region.
Alfred B. Iles a mining expert from the Valdez Alaska district arrives in Butte and plans to float bonds for 30 miles of a Copper River and Tanana Railroad to connect Valdez with Eagle City. He outlines rich copper veins and new mineral properties around Nizina Bonanza Nicolai Kotsena Lokina and Tanana districts with multiple spurs and a large commerce potential alongside agricultural prospects.
Mining magnate A. W. McCune and partner J. B. Haggin back from Peru after a year directing plans for the Cerro de Pasco copper project. They have invested roughly 29 million dollars in a railroad to a sea port, a large smelting plant, and mine development.
M McCune plans a tour of Watseca mining interests after organizing a major expansion at the Watseca mine in Montana. A mill has been built to treat ore and new ground opened as the shaft nears the 800-foot level. Carlton Hand, manager and large stockholder, directed the improvements.
A new Montana mining company named Treasure State is organized to develop the Eleanor claim in Madison county near Rochester district and to operate adjoining York claims near Helena. Plans include a York mill and cyanide plant after tests showed cyanide recovery could reach 95 percent. Prospecting on the Eleanor lead reveals a wide vein with rich sulphide streaks yielding $68 gold and 11 ounces silver per ton, with overall values ranging from $5 to $20 per ton.
Henry R. Bartlett travels to Arizona to inspect a Bisbee area mine said to have strong mineral potential. Local miners, including Captain Hoatson who moved west years ago, eye opportunities as a New York company’s copper prospects have drawn big sums and rising stock values. Hoatson helped purchase early shares, with the stock surging from 5 to 16 and then to 310 as ore bodies showed promise.
Fred J. Rowlands of Alis-Chalmers toured the Montana Coal and Coke property at Horr Park county. He praised the plant, noting 250 tons of coke daily from 235 ovens, with output shipped to smelters in Anaconda Butte and Great Falls. He learned coke is made from slack coal and that the company uses all mine output for coke.
Two ore shipments have been sent, including 20 tons to East Helena last week. The vein is narrow but ore rich, averaging about 70 dollars per ton. a next shipment is expected at 100 dollars per ton. Bergstrom and Meech lease the property, began six months ago, sunk a shaft and drifted, with no stoping yet. Bergstrom now focuses full time on mining, besides music for events, and has surveyed other claims in the state.
The Elgin mine at Rochester halted due to heavy water flow. owners plan resumption after heavier equipment arrives. Samuel Ritchie visited to view a new ore shoot at Nancy Hanks in Granite county. Norwegian Mining reports 4861.45 dollars of ore in six months with rock worth 120 to 200 dollars per ton and plans a hoisting plant to 500 feet. Broadway mine near Silver Star is active. Ajax mine inspected by George W. Tower. Ground broken for a 30 ton matting smelter at Indian Queen on Birch Creek. ore copper rich. Montana Gold Mining mill in Granite county temporarily closed while sinking principal ore shaft. 40 gold retorts/bars produced in 8–10 months. D. J. Sweeney left Silversmith near Basin for Spokane. Mayor Mullins half owner. L. Hewitt, Cataract Copper boss, reports six months East trip. Cataract operates Bullion and other claims. A. E. Spriggs and Butte miners invest in Cataract Copper company.
Tickets priced from 50 to 60 dollars cover travel via Oregon Short Line between various cities with sale May 13 to 19 and return validity until July 15 1903. Stopover privileges offered both ways. For details contact 105 North Main Street Butte H Wilson General Agent.
The schedule lists Boulder Basin and return trips on Sundays from $1 and Saturday to Monday options at $1.50 for Boulder, $2.30 for Alhambra with office at 41 North Main St. W. R. Meech, C P and T A, announces San Francisco and Los Angeles returns at $50 and $60 on sale May 13 to 19, with return by July 16. Details at 4 North Main Street, Butte.
Bergstrom and his brother Charles Bergstrom with a partner named Meech operate a mine on Wisconsin Creek ten miles above Sheridan in Madison County. They claim to be making money from the ore and Charles Bergstrom oversees the property.
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