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f AU/n
MINING ON THE NORTH SHORE,
L A K E S U P E III O II .
BY PETER McKELLAR.
The Bubstsnoe of thlti Pampble!; was contained in two papars, read before the Canadian
Institute, in ^oron'^oOast Fabruar/, by the writer.
^mf
!W"
INDEX.
Page.
3 A Silver Mine !«
Carihoo Lead Mine ^ 6
Cornish Silver Mine , 19
Concluding lli'marks 25
Enteriniz" Lt-ad, Cojuter and Gold Mine 6
Geologii^al Formations 8
Gold Mining 20
Heron Bay Gold Mine 23
Iron liiver Silver Mine 4
Jaektish Lake Gold Mine 20
Jurvis Island Silver Mine 9
Lot 11.— Location 6
Little Pic Iron Mine 7
Montreal Mining Comjiany 6
McKellai- Island Silver Mine 15
Princes Bay, or .Sjiar Island Silver Mine 6
Partridge Lake Gold Mine 28
Pacific R. R. Terminus on Lake Superior Silver Mine , 24
Shuniali, or Duncan .Silver Mine 8
Silver Islet Silver Mine ■. 10
Silver Harbor, or Beck Silver Mine 16
Silver Lake Iron, Copper and Lead Mine 19
Shebandowan and Kashabowie Gold Mine 24
Thunder Bay ^Silver Mine 7
Theoretical Views 4
Undeveloped Discoveries 26
Walbridge Mine 6
!_l!._ »?«. 'Uki!?_P_u
^\
PHOGRKSS OF MININC ON TIIK NORTH SIMRi: OF LAKE SUPERIOR.
UY I'ETEK McKELLAR.
J
Tlve Thunder Hay District ncoujties !i" \ .1, ,>, t.innda l)iirloring on Lako Superior, next the
Unitod Stiitep BouiPlary. It is niinuitaii. ■.»., ni character, with l-olil olifrft rising I)0<) to 1,40ft foot
alK)ve the lake and vhUl-vh. The valleys are ninin.'ri'U.s and ;,'enerfUly fertile, some heint{ of eonHider-
able extent, such as that of the Kaniinistitjuia I'ivur. ho tliat it is cajialde of snjiixirtini,' a nnich larger
ttgriewltural population th ui iJio peoydu in gcntira! liave any idea of. Tlie many low and lofty islands,
strewn alonif the coast ami in t'.ie hays, rennchin^' the lake sliore in but few vlacea within
this rinci]>al portions
have a slaty structure, consistiyg of chloritic, argillaceous, talcose, ;,ilicious, dioritic, ami tine grain
micaceous slates, with interstratified beds of massive diorite. It is from these slates wo are expecting
great results in mining.
It is only three years since the first silver .aii.o (3 A) or any other mine (excejit the Little Pic
Iron) was discovered in the Huronian, in this .sec;! n. The following summer the Jacktish Lake Gold
and Silver Mine was discovere*! in the same scries, lying nearly HK) miles to the west of 3 A. Again,
in the stimmer of 1872 the Heron Bay gold and silver lodes were iliscovered in the sjinie formation,
lying to the eastward of 3 A about 150 miles ; also the Partridge Lake gold hnle, which seems to
traverse the same rocks, lying to the west of Mille Lac. Since then a number of promising silver
bearing ludes have been discovered in the Huronian area, which occupies the coast opposite the Slate
Islands.
THK I,OWEH l«KI>S OK THE I'lTKR earing rocks of the South Shore and Isle
Kovalo. At the former place the workable lodes, conform with the strata dip, at a high angle,
and are wonderfully rich. On our side these rocks dip at low angles, and, as far as I can uudorstand,
all the exiilorationa and work for native copper were made on the intersecting veins insteati of the
Wldod or conformable ones. It may be, that the difference of dip jnay have something to do with
their richness, it boing generally considered that strata with a high dip are nujro favorable for mineral
veins than those with alow dip. However, since the discovery of silver in Thunder Bay, little or no
attention hiis been paid to these copper rocks by the explorer, so that there is no knowing what they
may turn out yet.
Native copper with associated nuggets of silver is the principal metal found in those rocks, but
occasionally the sulphurets and other ores are met with in small quantities. The veins, in passing
through them into the sandstone, seem to drop ihe native copper, it being replaced by the sul])huretB.
Many years ago the Montreal Company and others spent a considerable sum of money mining in
these Mcks without success, but that is of little imjiortauce, as there was ten fcimos morj spent in th«
soutlrsltore before the mines proved productive.
TUBORETIOAI, VIEW.! OP TH3 MSTA^LIFBKOUS CUARACTaillSTlCS OF THESE HOCKS.
Stcne geologists have expressed the opini«m that the native copper of those lodes was derived from
the copper ores of tlie Uuronian by the fluid trap in passing up through them ; and it is my opinion
that the silver in the fiasurus of the Thundtr Bay slates was derived from the same source by an
aqueous s<.lution. The way the discoveries of silver are distributed over that section would seem to
substantiate this conclusion, for we find them distributed along parallel belts, which seem to agree in
strike with that of the highly inclined Huronian strata which ocuu])y the section, and must underlie
these horizontal spates at no great depth. In other parts the .jins of similar charact«;r in these slates
have been searched in vain for silver, none being f< und excepting the usual amount found in galena.
For instance, a bolt along Thunder Bay from Lnmbeit Island to the Sliuniah Mine, a distance of about
eighteen miles, shows silver at different places, which would require two argentiferous parallel strata,
on this principle, to account for it. At the 3 A mine the Uuronian are not overlaid by the siluriaa
slates — all these veins seem to conform with the strike of the Uuronian and this belt of silver.
Again, take the other belt of silver discoveries — that is. Silver Islet, MoKellar's Island, Thompson's
Island, Spar Island, Jarvis Island, McKollar's Point, and 3 B, in each/)f which the silver shows. It
is about 30 miles long, running nearly parallel to and lying about 20 miles to the S. E. of the aW)T«
mentioned silver bolt. Here we find all the principal fissure-veins bearing N.N.W. and S.S.E., cross-
ing the strike of the Uuronian and the Thunder Bay silver veins; but, strange to say, the general run of
the silver conforms with the latter instead of with the veins in which it is found — each of these dis-
coveries being on a different vein, and on the whole lying on a line bearing about W.S. W. and E.S.E.,
which, as above mentioned, seems to conform with the general run of the Uuronian strata, which, in
all probability, underlie these slates all through this locality. There seems to be another run of silrer
nearly parallel with this, lying two or three miles to the north, on these same N.N.W. veins; for silve;
has been found on the McKenzie locations to the north of 3 B; on the Prince's Bay locations to th«
north of Spar Island; on Pic Island, to the north of McKellar's Island, and, I believe, in one of Wood's
locations to the north of McKellar's Point, the distance between the two extremes being about twenty
miles. Here we find two belts, as it were, of silver, the same as at Thunder Bay, which, if this theorr
were correct, would show the presence of two or more argentiferous strata in the Huronian, whic^
seems not at all unreasonable, as auriferous and other metalliferous strata are Icnowu to exist in other
pai'ts of the world.
For example, the late discoveries on the opposite shore of Lake Superior, at Iron River, near
Ontonagon, show that the silver, both native and sulphuret, exists in large quantities in a sedimentary,
sandstone, and clay slate, associated with the ores of copper. The silver is found finely disseminated
through the upper layer of a thick bed of slightly metamorphosed sandstone ; also in the lower layers
of the black clay slate, which immediately overlie it. The change in the character of the sedimentary
deposits at this point shows that a great geological change of some kind had taken place there at the
time of its deposition, to which, no doubt, the presence of the silver is due. Here the general dip
seems to be at a low angle to the north-east, into Lake Superior, but the whole has been pressed later-
ally into undulations nearly at right angles to the direction of the dip, so that the outcrop of the lode
has a zigzag course, resembling somewhat that of a rail fence. I have received my information from
MoMn. IXmald and Archibald McKellar, who had taken specimens from the spot and geological nutet
oi; the ground, which, upon being laid down on paper, proved to be correct. .
To return to the Tliun'lur Bay subject. I may mention that l!u> above theory is/impIyan]opinion,
which further discoveries may show in a ditferent light.
The Silver Islet vein, though so rich on the Islet, shows little or no silver on the island near the
shore, nor on the mainland, where several pita have been sunk, though it is large and well defined,
carrying galena, zinc blonpcr pyrites.
Mr. Thomas Macfarlane, who discovere*! the Jarvis and Silve* Islet silver liHles, was the first to
bring it to notice. Ho accounted for the metalliferous character ol those veirts tm the same principlo
as that of the Kimii^sberg silver veins that intersect tlio metalliferous Fahlbanda. He coiiHiucred the
diorite, like the Fuhlbantl^, to carry a number of mctaJH, silver inohuled, whicW were afterward
deposited in larger quantities in fissures cutting it. The discovery of silver on it in so many places
since would go to confirm this theory, but it w(mld not account for tho silver on the other aide of
Thunder Bay and other i)Iace.<«, where there is none of this dierito. At the same time, the same beds
of the Huronian Hocks that underlie the HJutes at the silver mines of Thunder Bay might on the other
side of a tnMigh <»r Bynclina', throw up under the slates along tho above-mentioned belt, on whicli
the Silver Islet and Jarvia laland lie. ^
The diorite ia coming through might carry some of tho silver with it, and be argentiferous in some
places, though not in others ; for Dr. Ellis, of the School of Technology, Toronto, luialysetl a speci-
men of it, in whicli ho found no silver. Of courao more i>roof» aro necessary to establish the above
theoi-y ; at tho sametimo it seeriii to mo tho most reasonable, when wo find that aiuiilar strata, sup-
posed to be of tho aauio ago, in Norw;iy, contain argentiferous l)elt3 (Fahlbands), wliith enricli tho
fissure veins pas-tiiig thmugli theii).
Let us suppose tliis foruuition in which the Fahlbanda occur overlaid by beds of horiaontal strata,
tho same as wo have it on Jjiiko Sujierior, and tho fissures passing through them ; tliere ia no doubt the
veins would be richer in tho vicinity of tlio Fahlbau'ls th;iii away from them.
Believing in the abovo c< inclusions, I have niucli confidence in these veins in the slato that show
silver, or at least much at stuface, believing that the source lies in the strata beneath.
The change in size and character of the veins in jia-ssing from one horizontal bed to another does
not seem to mo to be cause for uuich alarm, es;)eciany where tho thickness of tho slates is not
much, as ij the case to tho N.W. of Thunder B.iy ; if onco established, as I believe it is, tliat tlieso
are not local gsiah veins, but true fissures, with tho metalliferous source deeper pard, with a largo party in the spring of 1840 (about the
time the Prince's Mine was working) to explore and locate mining lands on Lakes Huron and Superior.
During the summer they har Incntions oil .St. I^nnco aikI farther
down tliu Liiku, nil of wiiich wore boon aliumlonotl, thuir iittuiition hnviiijj lit-eii tiiriiu lit of Hu]itunil)(;r, IH'O, thu duy upon whicli thu huIu of thuir landn
was concliulud with the Anioriciin Comimny, for the hiuu of if\'2'>,{W). Sinco thun thuy hiivo oljlninod
a half intorust in ThonipHt>n'H iHhviid. (For further imrticularH hoc the rejiorta of the Jarvin, .Silver
Islet, and ThoinpHon Islund Mines.)
WALBRinciE MINK.
After tho Prince's Bay and JVIontruftl Coiii[>aiiy Hii8|)unduurationH ahnut 1847, tho np])er part
of tho Lake was alniost entirely nogluctel, until iHiVA, when Walbridgo iV' C*>., of Dutroit, hoiiuht the
Walhridge Location, in the township of Paipoongu, three iiiilus frnni tho Kaiiiinistitjiiia, and seven
miles from Fort William, for 91,2W)or ^1,4«K), from J. Mdntyro. H. IJ. €<».'« Agont, .1. K. McViear,
and E. McEach§«.ii.
This Ctminany worked a party of six or seven miners duiini; tlio siiminurand thu following winter,
cross-cutting tlio htde in several i*Iaces, and sinking a shaft about 40 foot deup on the co]iiiur-hcaring
part of the vein. They took out a ton or two of ova, containing prol)al)ly 40 to 50 per cunt, of copper
1>yritos — and tho miners said that it was improving as thuy went down, one stringur of ore in the bottom
»eing alxnit two to three inches, and increasing. I myself saw a vory tino show of galena at one of
the croas-cuts whun tliey wete working thure.
Thi' vein is well delinod, vory strong, li4 feet wide, composeil jirincipally of calc-spnr and <\uurtz,
which iiold galena, zinc blonde, copper anil iron pyrites, in bunches, stringers, and disseminated in
grains. It dips at a high angle to thu south, bearing nuurly east Kml west, tracod for a mile or two
along its strike. It intersects tho silicious and argillaceous bods of tho Lower Bods of thu CoppN*
Rocks.
Tho developments were made with a view to sell the mine, which they failed to eil'uut up to the
present, and the mine has been idlo since.
(•AKIBOO LODE.
The explorer, Ned Duncan (Edward McEaclierii), well known on l>oth shores, having si)ent
about 25 years in that business, was mining with a party of men f»n tiie Cariboo Lode, near Black Bay,
in the winter of 18G3, in which ho discovered a mass of galena, about three inches thick, iiino foot long
by five foot deep.
This vein runs along in a largo trap dyku, bearin;,' about east and west, with a vortical lu, they linvu hovn unablu toconiplutu it yet;
Butho hundreiU of tonx of uro taken out are lying there still.
A shorter and a better route for the tramway loads t<> a harhor of eleven feet of water on Pearl
Bay. ThiH dixeovery Hatiafied uh and otkerit tliat nietaliidid exist in lnr),*o 'inantities in th(^ country.
Since writing the uliuve, I underHtand that* the Couii)any has l)ecn reorganized under u new name
— the Enterprise— and that they are going to coninieneo o]>0rationH iiuniudiately.
LITTLE Vlr, IKON MINE. *
In tlio Bpringof Iftfii* Mr. John McKellar, with Mr. W, Pritchard, wont to «©o an iron deposit
that an Indian had Hhown the latter some yearn jiruvions, near the Little Pic Jlivcr, about IW miles tu
the east of Thunder Ray.
On examination they found that it existed in inoxhauntible <|uantitie«, to tlio lands were secured*
The ore lies in slightly inclined beds, six to thirty feet in thickness. In one place tl>roo bods, one
above the other, in the face of a ditt", make an aggregate thickness of 80 to 00 feet. One of the
beds shows for about twenty chains along its strike ; at the north end, where it is lost in a small lake,
it covers about two acres of ground, rising back in hillocks and moinids. The principal part of it lies
between tiftoen and sixty chains of Lake Superior. The ore is magnetic — each bod being remarkable
for its uniform character throughout.
Mr. C. Ilecinien taken from <»ne of tho larger
beds by myself when on tlio (Jeological Survey yieltled Dr. Hunt about 'AS per cent. Those wore all
surface specimens, and by the character of the iron it is expected to improve in dei)th.
I have been told that tho present owners, Sibley & Co., who bimght it last winter for about
$15,000, had a party working it last sunnuer, and that the ore yieldey myself, on the 20th of
September, 18(i(i, about five miles from I'rince Arthur's Luns, with considerable
slate between.
Tho richness of this lode croated a good deal of excitement ; capitalists and explorers came the
following spring in large numboiB, and lands were taken uj) in ever}' direotion, but they were soon
driven away by that unlucky Mining Bill of Mr. Richards.
In the fall of 1807 Mr. Mclntyre of Fort William, ami myself, brought two half barrels of tho ore
to Montreal. A comi)any was fonued — Mr. Hoi>kin8, Governor of the Hu4 lbs. — was
92,602, or an average of 91,513 per ton.
Ther»j is no knowing how much ore had been carried away by tho miners and others, but wo hav©
goo4J reasons to believe that there had been a good dual. One party left the minu in tho middle of tho
night, crossing Lake Superior in a small boat to Poi-tugo Lake, who were said by reliable persons to
have brought six or seven kegs of washed ailvor, which could not have come from any other place at
tho time. And wo know that the manager, by order of tho Company, had a largo quantity pulverized
and washed some time i)reviouB.
The property contains over 1,700 acres ; and tho amount expended is about 900,000.
HUUNIAH, OK DUNCAN HILVER MINP.
TTio next discovery of silver was made by 3Ir. Goorgo A. McVicar in May, 1807, in a largo spar
vein ho and Mr. Jolui McKolhir had found somo tinio mwioiis — tho well known Shuniah Mine, which
lies about three miles to tho north of I'rinco Artlnir'.s Laudiny.
Tho vein is 20 to 24 feet wide, rnnnin>^ nearly oast and west, witli a vortical dip ahuost. It is com-
posed of coarse cryatallino calc-spar, with alittlo ipiartz. Tliero aro huge vugs found in it inwhicliaro
developed imiiienso crysteils of (iog-tiondo.
At tho first opening tho silver was found in small buiichoH, in tlio fonn of leaves and tino strings,
penetrating tho (piaitz, spar, blende and galoii:i, in a streak of these minerals which was ninning along
within a couido of feet of tho south wall ; but in sinking tho shaft it was lost about 18 feet down, and
again found in tho mieing thu principal
pari.
Tlie wall rook is chan<||)d in tho lower .')() to 40 foot, tho silicious and the argillaceous slates holding
• considerable reddish chert or jasper, in tho form of thin layers and niasnos gunerally of a lenticular
>hape. Above this I noticed a bud of black cbiy slate, and higher u|» again towards the surface are the
doloniitjBS and dark cherts — it is the sauio formation as tliat of tho Thunder Hay Mine. The vein is
very large all the way down ; it is only in thu cross-cuts that the north wall ciuild be soen.
Tho mine was recommenced is November last under a new company anme in tho hands of the Montreal Mining Company, aa it
had been fur many years previous.
In the spring of 1868 this Company secured the valuable services of tho well known Mr. Thomae
Macfarlane, with a party of men, to examine and repf>rt on their lands on Lake Superior.
His tirst explorations were made on the Jurvis Location, situate about 22 miles to tli« south of
Fort William, on which he discovered silver in a large lode of heavy and calcareous spars and quartz,
on the island of the same name, which lies one and a half miles off the shore. The island is about
twenty chains wide whore the vein crosses, a considerable portion being deeply covered with earth.
The vein ia well defined, eight to ten feet wide, with a dip of about fifty degrees to the east north-east.
The silver shows in leaves generally, but also in strings and small nuggets, through the spar, zino
blende, and the black carbonaceous matter. Mr. Macfarlane sunk a shaft about twelve feet deep in
the summer of 1869, taking out some fine silver «re. Again in 1870 he followed it down some twenty
feet more, taking out a considerable quantity of ore .
This location passed into the hands of the Ontario Mineral Land Company about the Ist of Sep-
tember, 1870, along with the Silver Islet and all the other lands owned by tho Montreal Mining Com-
pany on Lake Superior.
This Company, in June and July of 1871, employed a small party mining on this lode for a month
or two, when thoy sold it for ?150,000 to Messrs. R. F. McEwen of London, and Simon Mandlobaum
of Detroit.
Since then the mine has been worked with considerable energy. The first shaft has been sunk
about 100 feet, and two others about seventy feet each, the first thirty to forty feet being an alluvial
deposit. The ten fathom level was being driven to connect Nos. 1 and 2 shafts wlien I was there last
winter, and I presume it is through before this.
Thoy drove a winze ilown below this level thirty-five to forty feet, in which they fotind a rib of
ore resting against the hanging wall. It increased from an incli or so t(j hich Mr. Macfarlane brought
with him to Montreal in the fall, and had it thoroughly tested, various grades yielding from one
thousand to over three thousand dollars per ton.
In the spring of 1869 he resumed his explorations, and did some mining on the Jarvis Island, as
above mentionetl, and some on Silver Islet, ''"rom the latter lode he succeeded in taking out several
tons, although the work had to be carried on in from one to three feet of water. Mr. Charles Robb,
of the Geological Survey, in his report gives the amount ot ore raised in 1869 at 10,791 pounds, or
over 5^ tons, valued at J$6,976, giving an average of §1,292 per ton. They built a house or two on
the mainland and one on the Islet, and left a party of seven or eight men to mine and take out timber
for cribwork during the winter.
They commenced to sink a shaft on the dry part of the Islet, m the country rock, with the
intention of intersecting the lode at the depth of 30 fee*, whore the water would not. trouble them.
By the time they had got dnvra about 18 feet a heavy storm came and filled it \ip, piling the ice high
above it, and knocking the floor of the boarding-house through, and nearly carrying tlie whole thing
away, leaving the men in great danger. That put a stop to that work ; but some time in February or
March the shallow water had frozen solid to the rr)ck, autl the miners cut thruugh it and succeedeiti in
taking oiit, according to their own estimates, about §25,000 of ore in about a week, when a storm
broke it up again.
Mr. Macfarlane was in M(jntreal during the winter, and made an estimate of the anwunt neces-
sary to place the mine on a safe footing for carrying on the works, and, as I under-stood, asked the
Company for $50,000 to do it ; but they refused, although the evidences of its richness were so strong.
11
No (l(»uht, they had the npinion of some pretended mining men who- had been in the country, which
was to the effect that all these veins would " play out " in sinking 30 feet ; i>eoi)le will not bo deceived
any more by such a theorj', us time has shown ita simplicity.
The men continued doinjf what little they could on the Islet on calm days, and taking out timber,
etc., until the mine was sold in September following.
In the winter an-l spring of 1870, Mr. Macfarlane entort;d into negotiations with Anicriciin capital-
ists for the stile of Silver Islet, with the consent of tlie Comjiany. Captain Wni. B. Frue, of l^ortage
Lake, south shore of Lake Superior, a person of long experience in mining, went with Jf r. Macfarlane
on the openin* of navigation to see it. He was so favorably impressed with its a;i;>oarance, that ho
and Mr. A. H. Sibley liibove-mentiontd capitalists) became very .sai'gulne, but wuic in danger for
some time of being thrown to one side altogether, as tlie Montreal Company had entered ii-to an
agreement with an English Company for all their laiids on Lakes Huron and Suj>erior, inclndivij.^ Silver
Islet. However, the English and An;erican Com[)anies came to an understanding of buiiig eipially
interested in carrying out the a-^reement ; but when the lirst day of payment arrived the English
Company backoil out. h:i<1 the American stejiped in and took the whole. j>:iying .?."iO,(KX) in g<^ld on the
Ist ?l2r),y a st'rni, which
carried away part of tlie coffcr-d.im. After all the difliciiltius thty had to contend Avitli, they had
shipped ore yielding .*!10S, out), as stated by Capt. Frme, l)y the closj of navigation. They continued
mining, with few interruptions, until a severe .storm iu the Grst {(art of March had carried away nearly
half the crib-work, filling the mine with water and ice ; but the works were again restored, ami mining
recommenced some time in iluy following.
The difficulties Captain Frue had to coate'.id with were very groat. The Islet ujKm whioli he had
to carry on the mining was nothing more tliaji a low rock rising out of Lake Superior v\cv half a
mile from shfire. The Company owned and euifdfjyed three strcng tug^ f'.>r carrying the men back-
wards p.nd forwards to their work, towing r.ifts of timber acrtiss Lake Sui)eri(jr, and cribs and rock
from the main shore to the Islet. The latter were brouglit out on Inr^e scows.
The cribs wore large, built of heavy square timber, which were made as strong as possible with
timber and iron bolts. These cribs being put in place, were filled up some six to ten feet aliove the
water with rock, but the outsiilo cribwnrk facing the main lake, wliich is seventy-five feet t away eight feet deep by sixty feet in length of the
top of this crib-work, denudishing the blacksmith's shop that stood forty feet back from the front, and
whirled rocks arovmd the Islet like hailstone, damaging a number of buildings. It als twenty feet above the water, so that the water
could not get into the mine even if it should get over the crib-work. Fi'om this opening the mine was
continually enlarging by sinking and by driving along each way on the lotle, taking care to leave a
strong backing to prevent the lake from breaking in. By the time they had got down some 80 or 100 feet
they had gained distance enough on each side t() sink winzes, which would be connected at certain dis-
tances, or at each level, by galleries to the main shaft, which was then closed in all the way up. This
wottld jfurify the air by causing a circulation, and allow them to emidoy more miners to advantage
than they could do when it was all one open cut. On this principle the works have been expanding
lengthways on the lode and in depth, and now they are downi over 300 feet below tlie surface of Lake
Superior. •
When I passed there last fall they had cut a strong vein of water, which at first threatened to fill
up the mine, but when they got the new engine to work, as I was told, it was able to keep the water
down ; but a larger pump is required, which they sent for, but it was frozen in on the south shore,
and they will have to wait until navigation opens. However, they axe able to carry on the mining in
the other parts of the mine, and 1 see by the last letters from there that it is looking as well as ever.
12
In the winter of 1871 thev droT« a cross-cut some thirty feet to cat the east vein, which they said
liurge and looked very well, but it made too much water, so they had to close it up.
At surface, improvements have been continually going on. They have enlarged the area of tlio
Islet from less than a sixth of an acre to more than two acres, and built ten or twelve good buildings
on it. On the main shore they have built extensive docks, a large store, church, school house, and
about forty dwelling houses.. I suppose the whole population is over three hundred, there being on
an aven^ge^bout one hundred and thirty laborers employed on the location.
I have no doubt the value of the prodiict of this mine is greater, for the amount of ground
opened, than that of any other mine, but owing to its peculiar situation man/ mines yield much more
annually than it.
The following is the amouni given by Charles Robb, Esq. , of the Geological Survey : Quantity
of ore raised in 186!), 10,791 lbs.; value of same, ^,976 ; averaging ^1,293 per ton of 2,000 lbs.
Product for 1870, 172,825 lbs. of ore ; value of same, 8105,328 ; showing an average of about 61 cents
per pound, or $1,218 per ton. Product for 1871, 969,454 lbs.; value of same, ^45,397, at a rate of
66^ cents, per poun
1«
25,4G0
7^
4,.';io
66
?T,8]1
96
122,964
66
7,lt90
00
1.1 r>o
00
:
11,735 72
$6
,227,858
94
LIAIilLITIES.
Capit.al Stock $6,000,000 00
Bills Payable 7.'),000 00
Drafts on Mining Agent ,i'« M^,,:]V 09
142,-;21 85
ERrE, JANUARY IST, 1874.
Real Estate, Mineral and other Lands $5,744,613 12
WINlNO PLANT.
New and Old Hoisting Engines
Pumps, liods, Bob, \Vi,e Kope, Kilibles, and Tools of all Descrijitions.
Engine and Boiler House, &c., including all Buildings on Islet
Breakwater, Engine and House Foundations
Tugs', Scows, Fixtures —
38,241 66
9,638 41
24,973 92
112,3-15 5>
25,3i;0 00
$210,549 63
BUILDINOS.
Cost of Buildings on Mainland : -. $48,885 54
do<;kr, harbor imi'roveme.nts, road, Ac.
Steamboat Docks, Harbor Breakwater, Lumber Dock and Dry Dock $23,120 44
Constructing RoadB and Clearing Lands 4,280 00
3*
$37,490 44
14
AVAILABLE AK8ET8 AS CAPITAL FOR WORRIXO MINK.
Cub on Hand in Office
ATailable Supplies of all kinds on hand
Silver Ore on hand, 23,308 tons at $1,000
(The above muHt mean 23 tons 808 lbs.)
Wyandotte Silver Smelting Co. Stock; 2, 220 Shares at |25
Merchandize in Store at Landing, per inventory
12,988 01
65,662 93
23,164 00
55,500 00
45,800 42
' 1182,555 36
LIABILITIEH.
\ As per Balance Sheet of Ledger, Deo. 81. 1873 |13,408 97
We can see by the above Reports that tlio Silver Islet Mine has been a very profitable concern to
the promoters — paying a yearly retiim of abont $2 50 on the $1 00 from the conimencement up to the
present. It is tine the ilarvis Island brought them in 8150,000, but then the available assets equal
m*re than three times that amount. The total investment was 873,100, ^50,000 in gold to pay let
instalment of purchase, nnd $23,000 for working cai)ital ; after which the mine paid its way, besides
paying, in dividends, back to the stockholdei-s l?202,6(i0 60 withm a year and a-half of its commence-
ment ; and within three years and four months, or up to the Ist of January last, $022,666 66 ; which
equal an annual rate of interest tif 255 per cent. Besides that, according to Captain W. B. Frue's
Report, there are 20,000 tons of o^e piled on the Islet, yielding ?45 to $50 per ton, as shewn by tests
made at Wyandotte, in quantities of ten tons ; and thousands of tons of the game kind are left
standing in the mine waiting the erection of the reducing mills — and, of courae, ns the works progress
the quantity will increase. Hitherto none but rich ore, giving an average yield of about $1,300 per
ton, was made available, as the poorer ore would not pay to be shii>ped to, antl treated by, t!ie Wyandotte
Smelting Works, as they are intended for thu richer ores. Now the value of the above-mentioned
20,000 tons equals $900,(XX) by their lowest calculation. We will allow $10 per ton for reduction, or
$200,000 for the pile, leaving $700,000 ; but granting a difference of 10 per cent, in the loss of silver
between the two treatments, there would still be over .$()00,000 of clear profit, which would swell the
dividends to nearly double what they have been. I think the allowance of $10 j)er ton for reduction
is quite sufhcient, for we find by J. Ross Browne, that the average ct)st per ton f(jr reducing the ores
of the same grade on the Combstock Lode was $12 to $10 ; that too seven years ago, when labor and
everything else cost more than double what they do on Lake Supi'rior.
Hitherto the expenditure outside of mining has. been much greater than it will be in future ; as
the breakwaters, cribwork, docks, buildings, &c., necessary for carrying on the mine are finished, with
the exception of the Re.iucing Works and a portion of cribwork, tlie latter not costing over $26,000,
as su.ied by the President of the Company in his Report, and the former, when in operation, are
expocted to largely increase the profits of the mine. Captain Fnie states that he is satisfied that that
mine could be worked with profit by the low-gi'ade ore independent of the packing ore, or that which has
produced all the silver up to the present.
i-'.A:
|5=.«hl^---'«
Th'3 following diagraui is a section of the Islet and the underground works conformable with the
vein in dip and strike. 1 have laid it down from the exi'licit account given by W. B. Frue, .of the
same, up to the 10th February of the present year : —
BCALB, 120 FEKT TU AK IHOB.
15
one and a half
(lyko (if (liorite)
near tho uiicldle,
The above section is intended to give a general idea of the cribwork and the undergroond work
to those who have never been there, and it will be found sufficiently correct for that, although a
portion of it is laid down from memory ; but the depth of the shaft and the length of the works on
the vein, and the height of the breakwater, are taken from the above-mentioned Report. It also
iRews the short piece of the lode they were enabled to work from the danger of letting the lake water
in.
I have been more particular in showing what the miae really has done, as I meet so many who
think it is of little inijMirtance after ail, and that it returns but a small interest to the investors. The
Stock is put down at ift(J,OOO,0OO, and any person buying at that rate would only receive 3 per cent,
per annum up to the present. But such would be the result were the mine ten times richer than it
is, providing the value of the Stock were increased proj)oi-tionally. It is tho original investors that
make the money out of it, as they only paid $1 for what one would pay about §80 now, were he
buying at par.
Had this mine been on the mainland, anrincipal work has been done. Two or three
pits have been sunk si.v to ten feet deep, from which considerable ore has been taken in siidcing.
These briinches show regular floors about two fuot ajiart, dipping about 40' to the northward.
(The same phenomenon was noticed in the Silver Islet Lode. ) Some of the layers between these
floors were much richer than others, but on the whole they improved with the depth. The silver,
which occurs in small nuggets and fine string.s when native, and in leaves when a sulphuret, is dis-
seminated through the spar and blende, but more especially thnmgh the latter, with which the
silver glance seems always present, inturlaniinatcd in thin leaves, assays of which show ?(J00 to the
ton. But the blende from one of these branches is thickly penetrated by .strings of native silver,
which show well ujion being ground upon a grintlstone. The blende is tho principal ore, and is
scattei'ed more or less through the veins, but more abundantly along the walls.
An American Company bargained for this mine a year ago last fall, p.aying some money down on
it, but owing to the didl prospects of niining here la.st summer, when the time of payment arrived
they forfeited the amount paid ; but since the mines have begini to impi-ove they seem ready to take
hold of it again. However, it will not be long before it is worked, as it has all the appearance of
being a good and lasting mine, and in a geological point of view, it is precisely the same as the
Silver Islet and Jarvis Island mines.
The silver excitement brought many men into the country in art, while the original owners retained the
remrhiing portion,
Capt. Beck arrived late in the fall to commence operations. He worked ten to fifteen men all
winter, built throe or four houses, exploited the surface, and sunk a shaft some 40 feet deeji. They
took out some very fine silver ore, specimens of which ai'e scattered far and wide. The vein sliowed a
considerable (juantity of silver in the upper silicious and dolomitic b«l, but toward tlie bottom of the
shaft, in the argillaceods beds, it was irregular and poor. So the shaft was discontinued and their
attention turned to workinji the surface bed — the very same course that the Thunder Bay Company,
and, I may say, the Sliuniah Company followed.
Another manager, Mr. Griffith, was appointed to manage the mine the following winter (1871 and
1872). The same course as that of his predecessor was followed l)j^ him in working — that is, driving
and sinking in the surface bed. A number of tons of ore were selected and sent beloAv, which turned
out biit a few »ueii aide to lind oration was granted the owners of the 3 A {iroperty in March, 1873, the capita^
stock being placed at $1,500,000, divided into 100,(100 shares at .^25 each. Towards fall in 1872,
Captain Slawson, a pers(m of long experience in mining, was apjtointed manager. He commenced to
sink two shafts on the lode, 310 feet apart, liy the opening of navigation. No. 1, or W shaft, was
sunk to the depth of 77 feet, and No. 2 shaft to the lUpth of UJ» feet: both were discontinued for the
want of pumps to keep the water out. In No. 1 sliaft they jiajsed through a rich Imnch of silver
between 40 and 50 feet from the surface. In No. 2 tlicy jiassed through silver ore at four or five points,
as I was told by Captain Slawson, which is corroborated by Prof. Nicholson's report. The Captain
showed me a box of ore taken from the two shafts, which was very rich, sliowing the gangue thicidy
penetrated all through, ds well as a large quantity of nickel, in the most of them. He told me he had
sent a box of specimens to the Company; the result of which will lie seen by the following extract
from the jB«^c«'/o Cuurier: — "Soon after taking charge he (Cajitain Slawson) forwarded by the first
messenger to Mr. George Truscott, the Vice-President of the Company, a box of fire frtim 3 A. A
sample of tarn was promptly sent t r. He
seems to be a man of experience, caution and sound judgment. I visited the mine in Augiist; the two
main shafts were nearly filled with water, but they were mining in the old pit sunk in the winter of
1871, which lies 30 to 40 feet east of No. 2 shaft, from which very fine ore of silver was being taken out
.at the time. There was but a small force employed then, which by the close of navigation had been
increased to tfce number of 32 men. Seven barrels of ore were taken out and sent to Wyandotte
18
Smelting Worl.s in the full, which is said to bo worth #500 to f»>00 par liairel. I have been informed
by Mr. John Clark, of thin city, one of the principal stockholders in thf Company, that thoy are
expecting the returns of the ore every day. We ore informed by all the letters from TJiunder Bay
that thuy have been barrelling up at least one barrel of ore a week since navigation closed.
The correspondent of Tin: Globe, in Iuh letter dated the 20th of December, states that he had beem
at the mine that week, and that they hivl si.x btvn-els tilled then, and a spionlid 8h(jw (jf ore in sight;
so I expect they would have about eight barrels by the close of the year. In this letter it is stateil
that one i)arty was drifting from the main sliaft, at the depth of 20 foot; another party at the depth of
40 feet. 1 think tlie latter party must have been working in the first level, which is 50 feet from
surface, ao shown on a plan or section of the mine mtuleby Captain Tallon, 2Gth iNovember, which was
kindly lent me by Mr. Clark. Already it seems that the mine is about paying its wiy. Allo\yiig the
jirodnct at a barrel of ore a week, valued at 94(X) per ban'el, would bo a yicldof over ??1, COO jier month,
which should about cover the jiresent running expenses.
These results from the mine at its present stage I consider very satisfuctojpy. I do not suppose
that there is any mining mun who kn<»ws the formation in which it lies, and has any geological know-
ledge of faying mine wlien farther
developed. Let us m dee a rough estimate of the value of the ore taken out, ajul the anioiuit of ground
worked, to see how tliey cotnijare. Wo will allow the size of the shafts to be feet by 12, the drifts
and the winzes feet l«y G.
Solid fathoms.
Beck's Shaft or Pit of 1S71, a depth of IS feet ^
No. 1 .Shaft, a depth of 78 fe.jt 26
No. 2 Shaft, a depth of 101 feet... 33
Winze connecting Beck's pit with first level, a depth of about 42 feet 7
Drift K. from No. 1 and No. 2 shafts in first level, 65 feet 11
Drift W. from No. 1 shaft in tirst level, 02 feet 10
Drift E. it W. from No. ] shaft iu first level, 6 feet 1. •
About the number of solid fathoms worked up to 4th Jan., 1874 100
Allowing the 22 barrels taken out in 1871, for which ip2,200 wore paid for at the Mine, along
with the ore given away otherwise •'iiS.OOO 00
The ore taken out by Captain iSlawson .\ 1,030 00
The seven barrels sent down last fall .. 2,600 00
The ore taken out from the close of navigation up to the fourth of January at eight barrels 3,0)0 00
Total value of product would ecpial §9,500 00
which I do not think is far out of the way ; besides, there have been a great many rich specimens given
away. There is one in Toronto now which weighs 150 lbs. These estimates would show an average
of $95 to the solid fathom of ground ; besides there is a great deal of ore left at tJie mine which could
be worked with reducing mills on the spot, though considered too poor to send to Wyantlotte. And
when the mine is ready for stoping, the barren ground will be left standing, and the ore could be
taken out, as it is confineil within two or three feet, without stoping the whole width of six feet, all
of which would increase the \^lue per fathom.
iitnininiMimiitMmiiuaujniiiiuirauiiHiijeiuii
I-
oil
/VB I LsvKt.
N' Z LtvKu
SECTION OF 3 A MINE-
-SCALE 90 FEET TO AN INCH, FROM CAPT. TALLON's LETTERS AND SKETCH,
UP TO UAKCH, 1874. *
19
00
00
00
00
Mr. Mur at present, it must be
remembered there are large fjuan;.itie.i of lower grade ore being taken <:)Ut, th-it are likely to swell the
value of the product immensely when they have Reducing Mills on the ground.
COR.MSn SILVER VINK.
The Cornish mine, which lies about two and a half mile? to tho north-wost of the 3 A, was discovered
about two years ago by two Corni.sh minei's. Fmm personvil knowledge I can say nothing of tho lode.
as I never examined it. It traverses the Huronian rocks, and I undor^tand it isfargo, well defined,
and cai'ries considerable galena, zinc blende, and ircn jiyrites. Rich sj)ocimens of silver ore, said to
come from it, resembling that of the Buck mine, were exhibited over tho country tho summer and
winter following.
The company was organized last winter by Messrs. John Shore, Assaver, and Peter Body, Mining
Captain, both of Prince Arthur's landing, who, as well as Mr. McDermid, Aasayer for the Silver Islet
Company, wrate reports showing it to be very rich in tho ores of silver.
Active operations were commenced early in the spring of 1873, which have been steadily oontimied
up to the present ; but, as far as I could learn, it failed, uji to the close of navigati(jn, to prove the
existence of the silver as represented in the reports. However, by the opening of spring the truth will
be known, as they are working a force of about twenty-seven men this winter.
This is the only real Canadian Company that is engaged in extensive mining on Lake Superior,
it being composed principally of Ontario men.
The above article on this mine was published in The Globe last February ; since then, I have
received information from Thunder Bay to the effect that the mine hswl suspended operations altogether,
and it is nothing but what I expectentains deposits of iron, lea I, and copper,
which were discovered by Mr. Donald McKellai- and myself in the suunner of 1805. Shortly after, it
was pxirchased, but no further attention was paid to it, owing t(j its Ij'ing about live nales back from
Thundoi- Bay, until Prof. Nicliolson and hi: Ellis of Toronto went to see it last summer, each of whom
expresseil a high approval of the deposits, more especially of the iron. The former of these gentlemen
entered into an agreement with the owners (Mr. J. Mclntyrc, the heirs of Mr. T. W. H'jnick, ami my-
self) for the purpose of developing the pr(jperty and organizing a Company, and now work is being
commenced.
Abo' : thirty chains west of the Lake, on No. 1 Location, covering some 30 or more acres, lies tho
iron, iu.. mixed and interstratified with silicious and argillaceous rock, which occupy/a positien near
the base ol c'ue Lower Beds of the Upper Copper Rocks. The ferruginous strata is probably 200 feet
20
or more in thickness, flipping at a low angle south eastward, some of which is very pure ore, aa shown
by Prof. Nicholson in his report of the property in which ho gives the an&lyses of the ore by Prof,
droft and Dr. Ellis at G8.88 and 09 per cent, of metallic iron ; lonving therefore but about 1 per cent,
for foreign matter — it being the hematite ore, it can contain no uioru than 7o per cent, of iron.
Owing to the overlying sou annian series —
■Ooh as dioritio, chloritio, talcose, siliciouH, and fine grain micaceous slates, intorstratifioo8e tho north-
west of the lode about a mile, is a great thickness of tho above-mentioned micaceous slates, which aro
dark in color, and in places pass into clay slate, showing a transverse cloavago. Thoso are cut ia
every direction by masses or irregular veins of <, making iil all a width of 7 or 8
foot. Tho slaty parting is filleil with crystals of iron nyrites, and carry sonio gold, but whetlior in
paying (piantities or not I could n(>vo the cost cif
working. The ex|)enBe of working a ton of ore in diiJerent mines varies from three n when we know that ore can bo mined and red\iced at a much lower tigure, where labor
and supplies are nnich moro expensive, than with us.
Take, for example, the above-mentioned mines on the CVimbstock Lodo, Nevada. According to Mr.
J. Ross Browne's oHicial report to the Uniteil States, tho tcital expense per t»)n of working the ore and
extracting tho silver and gold in tho i>rincipal mines on this lode was 822 to ^iJ.'J, mid that t*>o when
miners received on an average '^i jier day and everything else in proportion, which was more than
double the i)rico paid on Lake Superior. He also stated that private conqianies having mills of thoir
own wore enabled to work mines yielding only .^15 j)cr ton. Again, take the IJlack Hill Mine in
Australia, iho ore of which coiUd not have cost ^3 per ton for mining and reilncing, as shown by Mr.
A. R. C. Selwyn, Director of the Geological Survey (seo page 281 of the fieological Itoport of Progress
for 1870-71). Ho states that tho average yield of tho ore from this mine was only 2 dwts. 21.21-100
grains of gold per ton, yet it paid tho proprietors 10 per cent, on tho cai)itiiJ invested.
Besides the precious metals in the Jackfish Lake Lode, tho ore consists largely of galena, with
consilerablo copper i)yrite,s. The galena especially cuuld bo saved, ami I have no doubt it wcjuld pay
the tot il expense of working the (jro.
Tn vcferenco to the character of tho lodo, I am sati.sfiod that it is all right to a much greater depth
than we can go. In tho tirst place, I l)elievo it to l)o a true lissure vein. Although it seems, from an
examijiation of one point only, to conform in dip and strike with tho formation, it does not; for I find
that one of the large magnetic beds lies abo\it (500 foot to the south-east of tho north-easterly exposure
of the vein, while the two come within 100 feet of each other at tho south-westerly exposure, where
the vein is lost in low land ; in tho next place, it and tho bedded lodes, which are numerous, are
distinctly difi'erent in character as well as in tho ores they bear, tho latter being finely gi-annlar
schistose, and holding magnetic ore. It diflFers also from those of what ai)pear to he tho gash-vein
system which prevails in the above-mentioned tine, micaceous strata, in being persistent in its course
for a long way, in being rare in tho locality and also in tho ores it carries, and in its quartz being less
transparent and vitreous.
Again, the veinstone is identical in character, as well as in the ores it contains, with that of the
Heron Bay lodes, one of which runs with tho stratification and the other across it at right angles, of
which I will give a brief description further on.
For a vein to run with the cleavage or stratification is no proof against its occupying a true fissure,
as is generally believed, for the direction of a fissure depends on the way the forces that caused it were
applied, which would be more likely to be exerted along the line of bedding, the way it had previously
been when folding or tilting the strata in the way we find it.
But allowing that it did not occupy a true fissure, the surface characteristics of the lode and of the
enclosing formation show clearly that it is sufficiently extensive in depth for all practical mining pur- '
poses.
I have been more particular in describing this vein, by reason of its being further developed than
any of its kind in the section. Besides, if we can show, as I believe wo have, that there is one good
gold-bearing lode in this locality, we can safely calculate on the existence of others where there is such
a large tract of unexplored country lying on the same formation.
Explorations ceased almost entirely on the Height of Land in the spring following the above Men'
tioned discovery, for the following reasons : — In the first place, the Indians objected on the ground of
not having been settled with for the land. In the next place, the policy of the Government was such
that no person could see the way clear for securing a piece of land were he to make a discovery ever
so valuable. But now that the Indians have been settled with, it is to be hoped that a liberal policy
will be adopted there, such as we enjoy along the shore of Lake Superior.
23
PARTKID^E LAKE (lOLO MI.\r.
In tin; hjniiiK of 1872 ftii Fiiiliiin (Xmu)vJiiii)Iiri>n:^ht si>L'cimoiiM uf qu u-tz whicli hu Irul mot with
in hiM triivulit 111 thu inturior to Mr. J. Mclnlyiu, of Furt William, Hoiuoot wliirli coittiuiioii c>>]i|ioi' iiikI
iron pyritort. Tho mipciiriiucoiif tlio spucimoiis, aluii^ with tlio character <>f th»« eiicloHinu fipi-mation
of which ho liuij a ttaiiinltt, woro I'ouHtiii'rutl Hurticiiiit iiif tlic pii'Houco of ^^ojil to justify
uiakiiig a 1 rip to thu plaot) for further fxauiiiialinii. So Mr. Arthio AKKfllar, witli tlm aliovo iiion-
tioiiud Iixliiiii, loft ThuinK-r Day hooii after, following thu Uaw.iou llniito an fur aH Millu Lae, thuiico
westwaril hy small lakoH ami jiortaguH hhiiio 'Jo miles to I'artridgo Lako, whtuu thu Imliaii «h'>woil him
the vuiii. Mr. McKollar was not thuro long wlmn ho iliHcovoreil a Hiuall nitggut of goM in tho tpiartz,
aftur which ho got many of tho Hami) kimi. Then he traccil tho vein l.y tho outcrops for a milo along
its Htriiiu, without any apparent (liminution of .sizo. it (ii«.ipi)uarey reddish yraiiite, and on the other hy a i>eeiiliar Hemi-cryHtallino iH>r-
phyritic rock. The relation of these rocks ti» one another lias not huon traced (jnt.
The vein seems to lie very large, averaging from (j to 11 feet in width, comjiosed of vitreous
quartz, with an occasional thin parting of soft talco:ie sl.ite. The (pnirtz is partly stained roil liy the
oxido of iron, and hlne and green \)y the carhonale of cojiper. It .seems to he sprinkled, as it were,
nil over with copper and iron pyrites ami small jiarticles of gold. The latter seems to lie so evenly
•listrihiited through tho veinstone that there is little room for choo.sing in selecting Hiiecimens. A
fragment of the vein, weighing from 80 to JK) Ihs. , was sent to Montreal, along with otlier sjiecimenH
from another part of tho vein three-<|narters of a mile oil". The assays l>y Dr. (jlirclwiiod, of Montreal,
yiehled from if-27 to ,«<;{() to the ton, there heiiig hut a dollar or so diH'erence in the yield of the two
places. The g((ld is very easily extracted, as it seems to he free through the ipiartz. I have tried
many samples of tho rock where the gohl could not bo seen with tho eye, by simjily crushing in a
mortar, roasting over tho fire, and wjislung, antion of the lode, formations, iV;c., are given as received from tho
l:ice3 to the
north of the latter in broad belts, and we know that on the American side of tlie line, in Minnesota,
in this same formation, near where it crosses, have been discovered large deposits of iron, which ■vrlll
soon be made available, as they < omnienced last summer to build a railway from Lake Superior to tap
them, so that wo may look for similar deposits on our side. Therefore from this and the results of the
partial explorations already made-^of wliich I have given a short account in this paper — we must con-
clude that the met illiferoiis wealth locked up in this extensive tract must be very great between gold,
silver, lo id and iron. Now, i:i order to explore and work it to advantage, it would bo necessary to
have a railway connecti.m between Like S iperior an 1 the chaia of water courses on the Height of
Land which jjonetrates the above-mentioned ti-act in all directions in the form of lakes and streams,
otherwise noije but rich mines li the iirecious metals co'ild bo wcjrked, iron mines being out of the
question, there being 45 milts over a rough road from Lake S-iperior to the nearest body of this chain
of wateri;.
This railway connection we expect to have in a few years, as the Government is going to build the
link betweeii Lake Superior an 1 Fort Garry as soon as the surveys are finished. Some pretend to say
the railway is to terminate on Nepigon B'-y instead of TJiumler Bay ; but we cannot believe that the
Government will make suc]i a selection, knowing the aaper, as it would carry it far beyond its
intended scope.
RESULTS OF NATIVE COPPER MINING.
It may be well to give the general results of the native copper mining of the south shore of Lake
Superior. Tie following table is copied from the North Western Minintj Journal, of Hancock, Lake
Superioi, Michigan, dated January 7th, 1874: —
THE MININO STOCK TABLE AND INVESTORS* OUIDE FOR LAKE SUPERIOR.
DIVIDEND MINES.
No. of
Shares
80,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
Name of Mine.
Total
Ass'm'ts
Paid.
Calumet A; Hecla... ?S03,000
Pittsburg & Bo'itoa. ' lli»,00()
Minnesota ' 440,000
Quincy ' 200,000
Central I 100,00)
Pewabic ' 24!).000
National I 100,000
Franklin ' 380,000
Ridge ' 200,000
Copper Falls ' 50.),()00
1 Averaj^e
Per
Share.
^10 00
5 50
22 00
10 00
5 00
14 OO
■ 5 00
10 00
10 00
25 00
\mount of
Dividends
Paid
^(), 250, 000
2,280,0.>0
1,750,000
1,500,000
680,000
400,000
300,000
240,000
110,000
lOJ.OOJ
Avera^^fe
Per
Sh re.
§78 00
114 00
87 50
75 00
34 00
20 00
l.JOO
liOO
5 5;)
5 00
Last dividend,
when Declared.
#5— Nov. 15, '73
-Feb., 137-2.
-Feb. 24, '73
-Feb., 1873.
-M ir. 15, 11
-Fob., 1S72.
-Feb., 187-'.
-Feb. 15, '73
-Aug. 21, '71
Amount in
Treasury.
$4,000,000
20,000
3Ot,O00
140,000
25,000
40,000
10,110!)
90,000
45,000
Selling price
of Stock.
Otfd. Ask'd
§140
5
40
30
8
2
5
7
24
$142
41
30
10
3
()
■ 8
25
We see by the above table, that the total assessment on the ten mines equilled $3,070,000 and the
dividends equalled $13,610,000, showing a balance of clear profit of $10,540,000. The least sum
expended on either of these mines (the National) before it paid adividenDroximate statement of ingot copper produced, and its value : — Copper,
135,075 tons ;its value, $76,303,320."
CONCLUSION.
On our side of the lake, people seem greatly disappointed when a mine does not pay a dividend
the first year it is worked, and it is highly probable that there are other silver lodes in the section that
will do so, besides the Silver Islet vein. This we know could be made to pay largely fi-(.>m the begin-
ning, with little or no expenditure were it situated on the mainland, and even ao it in, there was only
$23,100 paid in by the shareholders, for working c:ipital, to render it a very profitable ctmcern, yet
it is probable that the most of the future paying mines will have to be worked from two to five years
before they will pay their first dividend.
To conclude, I think I may safely state that our Lake Superior rocks enclose immense wealth,
which only require energy and capital to extract ; and it is to be hoped that our own peoi)le will not
hold back and allcv it all to pass into other hands, as I might say they have been doing up to the
present. At the same time caution is necessary, as we all know that in all transactions, especially in
atining, there are unscrupulous men ready to deceive the public for " the mighty dollar."
(Copy.)
THUNDER BAY
MINES.
{To the Editcr of The GioBE.) . '
Sib : — The valuable articles by Mr. Peter McKellar, on the Tuunder Bay Mines, now appearing in
the columns of The Globe, are deserving of all praise for the gcnoial com;)leteue3s of their statomentiu
# * ♦ * *
All mining engineers will agree with Mr. McKellar in his objections to the present mode of surface
mining, as carried on at so m.any of tho Thunder Bay Mines. To work those mines successfully, two
distinct sets of miners should be employed, one to open out or "make" the mine, and the other to
2G
take out the ore. A shaft, or, if possiHo, a couple of shafts, should be sunk ctintinuonsly, and drifts
or {,'al!erieH (with cuimectiii^j; winzt's where ntces.sary) should be carried from these at rej^lar ten-
fathom dcptlis : and when this work is fairly advanced, another set of niinera shoidd connnence to
take out the ore by stojiing i)utweou the di-ifts. If pay-atnff were met with in the shafts and drifts so
mtich tlie l)ettor, l)nt profit can oidy be fairly looked for in tin:? stopos, as the sliafts an