Nevada Nugget Hunters

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

Engineering and Mining Journal-Press Vol. 114, No. 18

BRITISH COLUMBIA

Copper Mountain Mine Is Examined Alice Arm—The Silver Ear Mining Co. is building a- camp and getting in supplies on its property on the northeast fork of the Kitsault River, so as to continue development during the winter. A. McGuire is in charge. Louis Reynolds, one of the owners of the Beverley group, on the opposite side of the bay from here, reports that a 40-ft. belt of ore has been stripped for 100 ft. on the surface, and that several patches of rich silver ore-have been exposed. A tunnel has been started on the lode.

Hudson’s Hope—W. H. Wood, one of the directors of the Manitoba Gold Dredging Co., who has just returned from the company’s property, on the upper Peace River, - reports that a dredge is in operation.

Princeton—A party of engineers has made an examination of the Canada Copper Corporation’s mine, at Copper Mountain, and its concentrator, at Allenby, for the Granby company, and G. N. Bjorge and E. E. Erich have made an examination of the property for San Francisco capitalists. Fred Foster, acting for Spokane capitalists, has bonded the Borne Silver mine, at Samilkameen, for $45,000, with the understanding that forty days is to be given for an inspection.

Home Silver has been a steady shipper of small quantities of high-grade silver-lead ore.

Nelson—California Mining Co., which operates the California, Exchequer, and Athabasca groups, on Toad Mountain, near here, has closed its Athabasca mill on account of heavy losses. It is probable that a ball mill and cyanide plant will be added to the present stamps, plates, and concentrators.

The Florence mine, at Ainswort, made the first shipment of concentrate, recently, since the owners again took over the mine from lessees, who had been operating parts of it for some time.

Barkerville — There has been a marked revival of prospecting for quartz lodes in this district, and several promising discoveries have been made.

E. Moore has uncovered a 60-ft. lode on upper Cunningham and Haney creeks. The quartz is well mineralized and shows some free gold.

Owing to the unusually dry season and consequent shortage of water the placer output of the Cariboo district is likely to fall below the average. This is to be regretted, as more mining has been done than at any time since the war, and some promising ground has been mined, but there is little prospect of the miners being able to wash it this year. A Keystone drill has been put into operation on Cunningham Creek recently.

Stewart—A. B. Trites, of Fernie, B. C., has bonded the Unicorn group of four claims, which adjoin the Big Missouri, which Trites and associates also have under option. Gus Seiffert has bonded the Rufus group of seven claims on the north side of Bear River.

Some promising silver and copper ore has been uncovered on the surface at an elevation of 5,000 ft. Supplies will be taken to the property during the coming winter, and an active campaign of development will be started in the spring. G. D. B. Turner has bonded the Mobile group, on Glacier Creek. Mr. Turner and associates have several other properties under option.

H. G. Magee reports the discovery of an 8-ft. vein on the Patricia group, on Marmot River. A sample taken from the vein gave an assay of 104 oz. silver per ton and 44 per cent lend. The ore is much oxidized. A tunnel has been started on the vein.

Salmo—The Long crosscut tunnel on the Bayonne mine near here has entered the oreshoot exposed in the upper workings, and drifting on the vein has progressed 40 ft., according to the report of B. N. Sharp, manager. The crosscut intersects the vein 700 ft below the outcrop and 170 ft. below the No. 2 level. The vein on the crosscut level is 21 ft. wide and carries $12.80 in gold.

Sandon—The Silversmith mine will spend $50,000 before winter in new mill and mine equipment. A 200 hp. Diesel engine as an auxiliary unit to the power plant will be installed. A new filter will be added to the mill and erection of zinc bins and a new boarding house will soon be started. The company is operating on a three-shift basis and shipping 750 tons of leadsilver and zinc concentrates monthly.

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

August 4, 1928— Engineering and Mining Journal

Pre- Cambrian Misconceptions
Canadian Mineral Resources, Admittedly Large, Grossly Exaggerated in Propaganda

By C. M. CAMPBELL

Mining Engineer, O’Okiep, Narnaqualand

THE question of the life of the world’s mineral resources is a frequent source of discussion among engineers. Increase in consumption, it is pointed out, is now a geometrical ratio, and though, in general, supply is at present keeping pace with demand, this condition is clue mainly to more rapid depletion of older developed deposits, and not to the discovery of new ore. Sooner or later the supply will be exhausted. For some years astounding statements of the most positive nature, in regard to mineral wealth in the Canadian Pre-Cambrian, have been issued by leading eastern Canadian engineers and influential Canadian journals. Apparently, all thought of the exhaustion of the supply of copper, lead, zinc, tin, and other metals in the not far distant future is foolish: the Pre-Cambrian is in a position to supply all shortages for centuries. An investigation into the merits of these claims is therefore important.

The Pre-Cambrian, as shown on the map, divides Canada into two sections; and this dividing line differs from the geometrical one in that it has a breadth, between Ottawa and Winnipeg, of over 1,000 miles. This section hitherto has been variously referred to as “the dead heart of Canada,” “a rock-bound waste,” or some similarly unattractive name. It has natural resources other than mineral, and they are not inconsiderable, but on the whole it has not been self-supporting. The discovery, more than 40 years ago, of the Sudbury deposits, followed later by the spectacular rise of Cobalt and Porcupine, gave birth to the hope that further discoveries would be made, not only because they would add wealth to the Dominion, but because they would justify a population that would more firmly unite the East and the West.

On the occasion of the accession of Mr. Mackenzie King to the Premiership of Canada in 1922, the president of the Canadian Institute of Mining and Metallurgy for that year, in a message of congratulations, stated, on behalf of the Institute, that “inconceivable wealth in minerals’’ in Canada was then a ‘‘fact,’’ and that mining would be “Canada’s greatest industry of the future. It was later stated that this announcement “was not a carelessly worded exaggeration sent on the spur of the moment, but was based on carefully gathered data and was worded to convey the exact meaning intended.’

In Canada the term “inexhaustible storehouse” has been stereotyped and is found in all printshops in the Dominion: the Pre-Cambrian is “the mother lode of the world.” The Financial Post, the leading financial paper in Canada, said editorially on Aug. 12, 1927:
“Practically every inch of that ‘dead heart of Canada’ is laden with precious minerals—with gold, silver, copper, even with iron, nickel, lead, and zinc. Practically every acre of that territory, will some day be pouring forth its rich flow of wealth for Canada.”

The accompanying sketch widely circulated, is a copy of the conventional map of the Pre-Cambrian. This area, about 2,000,000 square miles, is shown as a spotted shield with the legend, “Sudbury,” “Cobalt,” “Porcupine,” appropriately placed. Two small sections, aggregating 3 per cent of the total area, invaded the United States. These have produced the Minnesota iron, Michigan copper, and New York iron deposits, the outstanding value of which is well known. “The United States has done all this with 3 per cent. What should we hope to do with the remaining 97 per cent?“ asks the Canadian engineer. It would appear to he a question of preparatory-school mathematics.

FROODS, HOLLINGERS AND NIPISSINGS EVERYWHERE?

Unfortunately, this logic is all wrong. The Pre-Cambrian, described by C. V. Corless (Trans C.I.M.M., 1924, p. 199) as “broadly uniform in rock formations and mineralization” —in other words, good prospecting ground anywhere for Froods, Hollingers, and Nipissings—has been wrongly so characterized. Instead of being a uniform formation, or made up of uniform formations, it is an aggregation of vitally different formations: Laurentian, Huronian, Hastings-Grenville, Keweenawan, Temiskaming, with anorthosite, diabase, and other intrusions: laid down or pushed up during a period perhaps as long as the entire Post-Cambrian. Only a few of these, making a very small proportion of the total, have been found to contain payable mineral deposits. The United States is very fortunate in that, when the cards were dealt, it received more than its proportion of trumps.

It is interesting to note that the idea of uniformity was also the original conception, with this difference: that in those days, a century ago; it was believed that none of the Pre-Cambrian was any good. The discovery of the Bruce copper mines, on the north shore of Lake Huron, about the middle of the last century, justified the division of the Pre-Cambrian, made by Logan, into Laurentian, a series of granite and granite gneisses, and of negligible mineral value; and Huronian, a series of sedimentary rocks, intruded by volcanics, all greatly altered and containing mineral deposits.

GOLD-BEARING VEINS IN THE LAURENTIAN

“Every square mile of Huronian will sooner or later become an object of interest to the prospector.” “It is in this series that minerals of value occur.” “I know (speaking of a gold district) of no case where gold-bearing veins have been found in the Laurentian.” The foregoing are some of the expressions of Dr. Dawson, Director of the Geological Survey, in his report for 1895 and 1896. The search for Huronian areas became one of the objects of the Survey, and when one was found it was recorded with satisfaction.

We read in Dawson’s report for 1926, regarding the territory between the upper Nelson River and Cumberland House, “The existence of rocks referable to the Huronian system in this region had been conjectured, from information already gained by Mr. Tyrrell in adjoining areas, and it appeared to be of particular importance to define the area occupied by these rocks and to ascertain their character.” Tyrrell therefore descended the Nelson, touched at the Cross Lake area, where a mass of gabbro containing a large quantity of mispickel with some copper pyrites is referred to; crossed over to the north and located the Burntwood River area; then ascended the Grass River and passed through the Huronian area between Herb Lake and Lake Athapapuskow. “This (last) area of Huronian rocks,’ Tyrrell says, “extending about 75 miles from east to west, and an unknown distance to the north, presents a good field for the prospector, on account of the number and variety of the eruptive masses that break through it, surrounded by zones of highly disturbed and fissured rocks.”

It is in this way that these Huronian rocks have been located. Tyrrell’s preliminary work pointed the way for the discovery of the Herb Lake deposits, the Mandy, Elm Eon and Sheritt-Gordon. The Burntwood River area is now being prospected, and finds made there will be opened up this season.

ONLY 5 PER CENT OF MANITOBA’S PRE-CAMBRIAN AREA IS FAVORABLE

At this time, after more than 75 years of work by able geologists, the main features of the Pre-Cambrian are pretty well outlined. The area of Laurentian rocks stands roughly at 85 per cent of the total. The map of Manitoba illustrates forcibly the preponderance of the Laurentian. On the surface, the province is 60 per cent Pre-Cambrian, but only 3 per cent Huronian. In other words, only 5 per cent of the Pre-Cambrian in this province is likely mineral-bearing ground.

This map also shows that, though the main features have been outlined, small important details may be left out. The Sherritt-Gordon is shown in the Laurentian, whereas it occurs in a series of rocks known as the Kisseynew gneiss, a series of sedimentary gneiss rocks forming an extension of the Huronian rocks to the south, and only recently explored. Other Huronian areas probably will he found. Finds are reported from Reindeer Lake, the southeast shore of which has not been explored. There may be a Huronian area there. Low, when exploring Labrador, found some Huronian drift in the neighborhood of Lake Mistassini and predicted another Huronian area in that district. On the other hand, detailed work has reduced the size of some Huronian areas. In general, however, an increase in the mineral-bearing sections is to be expected with more detailed work.

The Wanipigow Huronian area has produced no profitable mine to date, though much money has been spent there in the last ten years. If, however, the prospector or traveler ascends the next river to the south, the Manigotagan, paddles for two days, portages 32 times, he finally reaches that part of the central Manitoba district where the Kitchener mine is producing gold. After a few trips in the Pre-Cambrian one gets rid of the delusion of the ubiquitous character of the mineralization.

HOW THE MANDY WAS FOUND

To find a mine in any country is not easy, and the Pre-Cambrian is no exception. A discovery like that of the Mandy is seldom recorded. A certain Jackson, an alleged prospector, seeking information, was told to prospect near by. He paddled over and pegged a claim.
Understanding that a discovery post was needed, he put one in. He then kicked away some of the moss and uncovered the outcrop.

On the other hand, a widely heralded exploration company started in some years ago to demonstrate the unparalleled richness of the Pre-Cambrian. After five years it not only could not report a single find, but it decided to quit looking. Other companies have made finds; some of them wish they hadn’t.

A prominent Montreal geologist in a speech not long ago promised great things for central Labrador: a syndicate has been formed in Toronto to conduct mineral development at Reindeer Lake. There is no need to go so far from home. Not less than a dozen miles from Montreal is a band of Pre-Cambrian, 1,200 mites long and 250 miles broad—300,000 square miles in all—equivalent to the original thirteen states. Montreal men should give it their attention. It has tidewater frontage from Belle Isle to Quebec: it comes to the St. Lawrence at the Thousand Islands at Kingston. From Quebec to Georgian Bay it is crossed by the Quebec-Cochrane branch of the Canadian National, the main lines of the Canadian National and Canadian Pacific between Montreal and the West, the main lines of these railways from Toronto and the West, and by several important branch lines. It is crossed by the Ottawa and the Saguenay and by many smaller rivers.

Some of the oldest settlements in Canada are found in the southern half. It contains the Hastings-Grenville series of sparsely mineralized rocks, prospected for over half a century. One would think that this section, close-in as it is, and furnished with all kinds of transportation facilities, would be used as proof of the incomparable richness of the Pre-Cambrian. It is proof of the contrary.

WHY TRAVEL 1,200 MILES TO REINDEER LAKE?

There are in the area just three mining operations of importance: the Tetrault mine, 50 miles west of Quebec, with an annual production of 20,000,000 lb. of zinc and, in addition, some lead, gold, and silver; the Kingdom mine, west of Ottawa, with an annual lead output of 7,000,000 lb.; and the Black Donald mine, near by, the largest graphite mine in the world, but with a production under $200,000. These, with minor operations, make up a total production not exceeding $4,000,000. This is equivalent to about one-third the value of the turnips produced in the adjoining Paleozoic section of Ontario- one-twelfth the size.

Statements are made that the Laurentian contains much undiscovered Huronian; that Algoman granite, a proven source of mineral, is difficult to distinguish from Laurentian. There is some truth in these claims, and this huge, convenient, and, so far, practically barren area, is a good place for their advocates to demonstrate their worth. Why go to central Labrador?
No train goes north from Toronto without its quota of mining men. They reach the Pre-Cambrian 50 miles out. They then cross nearly 200 miles of these rocks before reaching Sudbury or Cobalt. The suggestion is here made that they stop off at Gravenhurst, Scotia Junction, or North Bay, or any of the numerous spots badly in need of a mining industry, and open up a few areas of Algoman or Huronian rocks—there is plenty of room. Why go to Reindeer Lake, 1,000 miles to the north?

RECENT HISTORY TRACED

Between this band and the Manitoba boundary is what has proved to be the most productive section to date. This territory, also with an area of about 300,000 square miles, is mainly Laurentian granite, but scattered throughout and giving it a mottled appearance are about three dozen geologically favorable areas, which aggregate about a third of the total area. The discovery of the Bruce mines in 1846 and Silver Islet in 1868 started mining and gave an impetus to prospecting. Construction of the Canadian Pacific in the early ‘eighties brought the Sudbury deposits to light and opened up the first railway right across the Pre-Cambrian. This was followed in the next decade by the mining boom in the territory between Lake Superior and the Lake of the Woods. The first decade of this century was characterized by excessive railway building:
Cobalt was discovered and almost reached its zenith. The next decade brought Porcupine and Kirkland Lake into prominence, and the present decade has seen the rise of Rouyn and the significant attack of the Huronian areas north of the most northerly railway in Ontario.

ONE PER CENT AREA: 90 PER CENT PROOUCTION

There are two outstanding features about this area. The first is that 90 per cent of the entire Pre-Cambrian production comes from that small section, totaling 20,000 square miles, containing Sudbury, Cobalt, Kirkland Lake, Porcupine, and Rouyn. In other words, 1 per cent of the area is responsible for 90 per cent of the production. This is what is meant in Canada by the expression, “broadly uniform in mineralization.” The second is that in the area to the west of this rich section and south of the Canadian National main line, covering nearly 100,000 square mites, there is not a solitary successful mine. It is grid ironed by over 3,000 costly, deficit-producing miles of railway without a headframe in sight. It contains 30,000 square miles of Huronian rocks; yet, in cases, Huronian rocks appear to he as barren as granites.

The hope expressed, now many years ago, that some day there would be a string of silver mines from Silver Islet to Cobalt, has not materialized. Silver Islet is dead; the glory has departed coin Cobalt; and Pre-Cambrian silver production is now only about 25 per cent of its best. The Lake of the Woods boom did not produce a profitable operation, nor has the intensive prospecting of recent years, in which this section has shared, had any encouraging result.

“New finds are of almost daily occurrence,” says an advertisement. That claim is boom talk. The naked truth in regard to Ontario mining is that no new camp of any real importance has been opened up in fifteen years—not since Kirkland Lake justified its development by starting profitable production. Red Lake may be an exception. When it has demonstrated its right to be classed as the real thing, the time will have arrived to acclaim it.

Prospectors and scouts are rapidly pushing their operations farther north. Not only have they reached Red Lake, in the west, and will likely this year reach Island Lake, shown along the Ontario boundary on the Manitoba map, but they have also reached Lake Chibougamou, near the eastern boundary of this central section. There still remains to he considered the northern and greater part of the Labrador peninsula, about 350,000 square miles, and the area to the northwest of Manitoba.

A. P. Low explored the Labrador area during the years 1892 to 1895. His report (Canadian Geological Survey, 1895, page 197, states, ‘ The Laurentian rocks occupy more than nine-tenths of the peninsula, the remainder being underlain by scattered masses of Huronian and Cambrian. In other words, not more than 10 per cent of this area is favorable prospecting ground. The Huronian areas are those along the East Main River and Lake Chibougamou. which belong to the area just considered. The Cambrian area, now classed as late Pre-Cambrian, contains hundreds of millions of tons of iron ore, mainly low grade. This section runs in a band 400 miles long and 50 miles wide from central Labrador north to Ugava Bay. Similar large tonnages, also of low grade, are found along the west coast of the peninsula, and the hope is expressed that amid so much low-grade ore an appreciable tonnage of good grade eventually will he opened up.

In the area north and west of Manitoba, covering 500,000 square miles, the chief geological work has been done by J. B. Tyrrell. Huronian areas make up only 15,000 square miles in this entire section, the chief one being on Ranken Inlet, on the northwest coast of Hudson Bay. A half dozen other areas are found inland. No economic mineral deposits are known in the Huronian. In this area, however, large exposures of Keweenawan traps and sandstones occur, and chief interest attaches to the Bathurst Inlet and Coppermine River areas, carrying native copper. These areas front on the Arctic Ocean. The conclusion (F. & M. J., Vol. 109, p. 32) in regard to the first is that these deposits “probably form an important reserve of copper ore, but not sufficiently attractive under present conditions of accessibility, transportation, and demand to warrant the large expense necessary to prove and develop the deposits.” The same authority states in regard to the Coppermine that, “It seems highly probable that parts of this district contain workable and even rich deposits.”

The Coppermine area has been reserved from staking by the Dominion government. It warrants a more detailed report, and with the extension of flying bases farther and farther north a thorough examination by Survey officials will doubtless be made before many years have passed. If, however, any attempt is made to operate within the next fifty years, it will be because the world is badly in need of copper.

In addition to these areas of Keweenawan, there are two other large areas, one touching Doobawnt Lake and the other southeast of Lake Athabasca. The Doobawnt area, according to Tyrrell, has similar rocks to those in the Coppermine. The Athahasca area, as far as has been explored, he says, consists of horizontal red sandstones with a negligible amount of eruptives. Neither shows any native copper, but both, on account of their large size, warrant further exploration. Keweenawan formations cover 100,000 square miles in this northern part.

The foregoing description gives in some detail the chief features of the different parts of the Pre-Cambrian. Certain observations apply, also, to the Pre-Cambrian as a whole.
I once complimented an Indian on his ability as a guide. “Oh,” he modestly replied, “that is my business.” it is an Indian’s business to know the country, and small things seldom escape his attention. Indians guided Samuel Hearne to “the Far-off Copper River,” the first mineral discovery in the Pre-Cambrian; and Indians showed Low where the iron deposits of northern Labrador exist: it was an Indian that discovered the Bruce mines, the earliest operation of importance, and an Indian discovered the Sherritt-Gordon, the latest deposit to he opened up.

It is significant that the recorded potential deposits in the North are so few. An Indian’s training, however, has not been that of a prospector, and it is quite possible that he may have overlooked something. He can give startling evidence of this knowledge of woodcraft, but evidence of a valuable mineral deposit may escape his attention. He is learning, however.

Trappers also do a considerable amount of prospecting as a sideline. Both Sherritt and Madole, connected with the Sherritt-Gordon, were trappers. A trap line may be 100 miles long, and though most of the trapping is done in the winter, a start is made in the fall, so as to get things properly arranged. During this period many an outcrop is examined and samples are to he found in many of the stores in the North. You may be shown a specimen and told that there is a “whole island of it,” this being the Precambrian equivalent of “a mountain of ore.” Present indications are that ore deposits that have been overlooked are going to have a hard time to remain in concealment during the next few years.

NEWNESS SOMETIMES OVER-EMPHASIZED

The North is not a new country. The Hudson s Bay Company has been operating there for over 250 years. As against this statement it is claimed that the H.B.C. is averse to mining development. Considering instructions given Hearne and such facts as that the company is known to have operated a lead prospect on the east coast of Hudson Bay, this claim is not well founded. Not only has the E.E.C. had scientific men in its employ, but explorers from other companies, free traders, and other unattached explorers, such as Richardson, Rae, and Hanbury, have crossed and recrossed much of this territory. Not only are the observed mineral occurrences remarkable for their scarcity, but reports of Dominion geologists are occasionally met with that do not even devote a chapter to economi minerals.

One of the greatest misconceptions is that commonest of all claims is that the Pre-Cambrian has “hardly been scratched.” One day, on a Northern lake, I met a party of prospectors. “‘Well,” I said, “how are you getting on?’ “Well,” they said, “we have done the shore line.” The great Pre-Cambrian is a country of low relief. It is largely a land surface with myriads of lakes, or a water surface dotted with islands. Therefore tens of thousands of miles of shore line may be explored. Except in the clay belts, which are few, the rocks usually come down to the water’s edge. At low water a ribbon of bare rock is exposed, a few feet wide, washed and polished so thoroughly that an ore deposit shows up like, to use a Kipling expression, “a bar of soap in a coal scuttle.” You can follow the bank of a waterway mile after mile, in a motor canoe, with a section of the rock always in sight except now and then when a low spot is met with and reeds block the view. You can often get out of the canoe and walk for miles over rock that is either bare or covered with a thin mantle of earth or moss.

Similar conditions exist in the lake areas. In the northem part of Lake Athapapuskow there are a thousand rocky islands; in the Lake of the Woods there are ten thousand; and in the Georgian Bay there are thirty thousand. Probably one-half the total shoreline can be prospected with the greatest ease.

PRETTY THOROUGHLY SCRATCHED

Instead of being hardly scratched, it is doubtful if there exists anywhere, outside of arid districts where the hills are bare, any area that is so thoroughly scratched as the great mass of the Canadian Pre-Cambrian. It is strange, therefore, that if mineral wealth is so great, more ore bodies have not been found. They should surely have left some clue in the huge number of outcrops easily examined.

After 80 years of development, spasmodically for some time, but, beginning about 30 years ago, of a more intensive character, and culminating in the last few years in some of the most thorough prospecting the world has ever seen, the annual mineral production of the Pre-Cambrian is valued at only $60,000,000. Discoveries in recent years and more rapid depletion of the established properties indicate continued increase for some time at least. Silver production, and gold production as far as the Dome is concerned, are the only doubtful items. A production of $100,000,000 in ten years’ time would seem to be a conservative estimate.

THE “SPEED” OF KATANGA AND THE RAND

All this indicates a prosperous industry, but it is not a world beater. It is not to be compared with the speed with which Katanga has come to the front, and even the Rand, scheduled soon to take second place, showed twice as large an increase last year in gold production as did Ontario. The State of Oklahoma which, during the early Cobalt boom was on the map as Indian Territory. With no mineral production whatever, now annually produces mineral wealth valued at about nine times that of the Pre-Cambrian. This state, with one-twentieth the area and 20 per cent of the population, produces as much mineral wealth in a year as all Canada, with its Sullivan, its Sudbury, and its Porcupine, its coal and its asbestos, does in two. There are also five other single states each of which has a mineral production greater than that of all Canada.

A NEW FUN FL0N EVERY SIX WEEKS

To maintain a production of even $100,000,000 per year means that all the known (leposits will have to be worked to their capacity. Allowing $200,000,000 as the gross value of the metals in the Flin Flon—a popular estimate—it means that, to balance depletion, a deposit of this class will have to be opened up every two years. It is doubtful if the equivalent of this is being done. For Canada to equal its agricultural production with its mineral production—a common claim—means the exhaustion of a Flin Flon every six weeks. There is no indication of development at this rate. The claim is absurd. It is frequently stated that the gross value of the metals in the different Ontario Pre-Cambrian deposits amounts to $2,000,000,000. This is equal to the United States mineral production for only four months. When it is realized that our mineral wealth has to last us for all time, a total of this size, or even ten times this size, is small.

It might also be added that the chief metals found iii the Pre-Cambrian to (late are gold, silver, nickel, copper, lead, and zinc. The present world’s consumption of these metals totals $1,420,000,000, or the equivalent of a Flin Flon every seven weeks. A study of the mining news does not indicate that this is being found.

United States mining engineers every now and then come to Canada and tell us that their country has been pretty well prospected and that the chances of finding further large deposits are slim. United States engineers are seeking mines in every likely country in the world. All this has come about in the last 40 years, a fleeting period in the life of a nation.

Geophysical methods, though extensively tried, have proved up little ore in the Pre-Cambrian. When asked how many deposits he has located, the head of one of the companies operating machines of this kind replied, “None. I have never been placed over any.”

To prevent the extinction of game, certain types of firearms are prohibited to prevent the too rapid exhaustion of our wildlife. It would seem logical to limit the use of geophysical methods to limit the same, regarding our mineral wealth. To date, however, these methods have been responsible for very few discoveries. Improvements may change this, but it may also be true that the number of hidden deposits is nothing like as great as is popularly supposed.

A two-column article arguing in favor of illimitable wealth recently appeared in a Canadian journal of merit. It went on to state that huge tonnages of rock running 40 cents. per ton were available at the Hollinger, in addition to ore of the regular grade. Quartz running twice that amount is not uncommon in the North. The article referred to the extremely low costs at the Alaska Juneau and held out the hope that some day this class of ore would be worked.

There is a conviction among many mining writers, chiefly those with no operating experience, that “some day” a way will be found to work at a profit deposits containing small fractional percentages of the base metals and such low amounts of gold as referred to above. No concern is therefore shown at the amazing rate at which the world’s reserves are being used up. The Alaska Juneau, with its remarkable low-cost production, is one of the chief arguments. The fact that this property pays no dividends and that its neighbor, the Alaska Gastineau, was closed down and dismantled, is overlooked. The story of the Mount Morgan is also overlooked.

TOTAL RECEIPTS LESS THAN IOTAL EXPENDITURES

Probably the lowest operating costs obtained in Canada, though appreciably higher than the Alaska costs, were those obtained in the Boundary district of British Columbia. From the different mines in this district twenty million tons of ore running 1.15 per cent copper and one dollar in gold and silver was extracted during the period 1900 to 1920. Lowest costs, reached about 1913, were 20 cents. for mining and development, 25 cents for transportation over a heavy grade, equivalent to a cent per ton-mile, and $1.23 for smelting and converting. These costs could not, however, he maintained because of rising costs of labor and supplies.

It is doubtful if recent advances in mining, milling, and smelting could improve this record appreciably. Also, though these mines paid dividends aggregating over $8,000,000, it is doubtful if the total receipts balanced the total expenditures. Conditions that have prevailed in Alaska and the Boundary seldom prevail elsewhere; nor should the meager profit and even loss be overlooked. Granting that operating costs in general are being reduced, the reduction is slight and there is nothing to indicate the magical reduction necessary if metals are to be produced in the future, at reasonable prices, from material of the grade mentioned. These tonnages of subnormal grade can therefore be left out of Pre-Cambrian assets.

NO LACK OF CAPITAL

Lack of capital is blamed for the non-development of Canada’s mineral reserves. Another misconception. There is not and never has been any serious lack of capital. This is essentially an excuse offered when promised wealth fails to materialize. It has been used so often that it is actually believed by many engineers. Any prospector can usually get his claim examined without undue delay. If the report is favorable, work will be done; at present there is competition as to who will do it. If work is not done, the trouble is not due to lack of capital but to lack of a favorable report.

At the present time a prospect need not have any special merit to have money spent on it. There is a mining boom in Canada. A boom has the same attraction to a Canadian as a spoon has to a jackfish. Notwithstanding the experience of the Rossland boom, the Lake of the Woods boom, and the Cobalt boom, he says again, with enthusiasm, “This boom is different from all the others; there is no hook on this line.” Shares in 150 non-producing mining companies are traded in on the Toronto exchange. “Broker’s commission totaled $1,495,424 for the month of November last. This almost equals the gold production for the same period,” says a news item. It may be that the brokers get most of the capital, but there is no lack of it.

Such is the much boomed Pre-Cambrian. Of the 2,000,000 square miles, over 1,600,000 has been referred to. The balance is in the Arctic islands. Of the total it is doubtful if more than 15 per cent offers any attraction to the prospector. Large sections of the best ground, of the most likely formations, which have been classed together in this article as Huronian, are unproductive. Either they did not have the necessary structure, or the ore solutions were missing, or, if ideal conditions existed, it too often happened that the resulting ore deposit has been too low in grade to work.

Though the results (though 10 do not begin to warrant the preferred language in which reference to the Pre-Cambrian is made, care should be taken not to create the impression that the Pre-Cambrian is unimportant or that future possibilities are negligible. Even 15 per cent of the total is 300,000 square miles, and even when prospected ground is taken out, a large area is left. Production has been considerable, and reserves guarantee increased production for some time. In supplying even large quantities of nickel the Pre-Cambrian has added appreciably to the attractiveness and efficiency of the world. It is a strong point in favor of the Pre-Cambrian that the Sudbury deposits are of a magnitude that places them in the first rank of metal resources.

MINES GENERALLY LOCATED IN EARLY DAYS

One of the features of mining in Canada is the rule that all the leading mines in a camp have been located in the very early days. This was the situation in Rossland, as it was in the Boundary, not withstanding a heavy development expense to prove the contrary. In eastern Canada it has been the condition in Cobalt; and Porcupine and Kirkland Lake have not proved to be exceptions. Until some years ago it was believed that Sudbury was no exception; that all the ore deposits in that camp had been determined.

Evidence given before the Ontario Nickel Commission in 1916 by one of the leading operators stated: “We are confident that very few, if any, wholly new discoveries will be made in the district in future. It is one of the ironies of mining that, though large amounts of Sudbury money have been spent in fruitless efforts in other sections of the Pre-Cambrian, the outstanding discoveries that have been made have been right in the Sudbury district, and have been made by outsiders—rank outsiders in the instance of the Errington. Sudbury operators have as a consolation, however, spectacular discoveries in their own mines.

In 1916 and 1917 the E. J. Longyear Company drilled that area of the contact east of the Garson mine and located what Coleman describes as “one of the largest known orebodies.” This deposit exists in a continuous band for 7,500 ft., with a thickness varying from 10 ft. to 120 ft. and a proven depth of 1,020 ft. This reserve is available when required.

Canadians deal generously with outside mining companies. The latest instance is that of the Flim Flon, where royalties have been waived for twenty years, equivalent to the life of the mine, and the Manitoba government has agreed to bear railway deficits for five years. They not only give their raw material away, but help to pay the cost of getting it out of the country. In return for this a clear statement of the mineral blocked out is surely in order. It is not yet demonstrated that the Errington mine owners are not giving this information. The matter has been summed up by an Ontario mining writer as follows: “One hears of what the Bunker Hill & Sullivan people actually think of its Errington mine in terms of a billion or more dollars. As work proceeds, the extent of the ore body and the richness and variety of its mineral content stagger even mining men who have been accustomed to huge deposits. It is said that the Bradley people are certain they have made the mineral find of the last hundred years on this continent, if not of all time.”

“INSIDE OF THE CUP”

Maybe they have. Considering that “the inside of the cup” is an area 10 miles by 30 miles, and that it is showing up ore of similar value to the margin, there is some reason to believe that future development will produce something out of the ordinary.

A few square miles of ground will sometimes contain an ore body that will supply an appreciable proportion of the world’s demands for decades. The untouched Huronian areas, though a very small proportion of the entire Pre-Cambrian, are amply large enough to contain important deposits. They may—or they may not— contain something staggering. Time will tell.

With the completion of the Hudson Bay Railway to Churchill and the branch of this road to the Flim Flon and Sherritt-Gordon; the extension of the Temiskaming & Northern Ontario to James Bay; together with the extension of the Royal Air Force services and commercial flying—all of which are scheduled for the next few years—areas that are now inaccessible will he brought within the range of the prospector and the exploration company. At the rate things move these days examination of the outlying areas, in a fairly intensive manner, is not going to be the work of centuries. Another 25 years and we will have a pretty good idea of the wealth of the Pre-Cambrian. There will then doubtless be a few polls to hear from, but it is unlikely that they will greatly affect the result.

Unless virgin areas are much richer than those already explored (and there is no reason to believe that they are), the Pre-Cambrian cycle will be much the same as that of any other mineral area. That the present prosperity will continue, and even increase, it is not the object of this paper to question. It is, however, believed that the evidence detailed in the foregoing will show the absurdity of the claims of inexhaustible wealth which are being broadcast from responsible sources.
Canadian newspapers some time ago quoted the following paragraph from an address by the head of the department of economics of McGill University:
“The human race,” said Dr. Leacock, “for 100 years has been living on its capital. In the midst of wealth it has grown poorer. It is now beginning to find the limits of its boasted power over nature in the exhaustion of nature itself.”
It is submitted that there is nothing about the PreCambrian seriously to discredit that conclusion.

[REHAB NOTES: www.kinross.com has made good in the Porcupine area this century; see video on their site. Kinross is also the principal mining company of Round Mountain Nevada fame]

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

Consolidated Mining & Smelting Exercises Option on
Big Missouri Property
By H. D. KAISER
Assistant Editor

Mining & Smelting Company of Canada exercised on July 21 its option to purchase a controlling interest in the Big Missouri property, situated 18 miles north of Stewart, British Columbia, in the Salmon River section of the Portland Canal mining district. The action follows satisfactory development of the property by the Buena Vista Mining Company, a subsidiary of Consolidated Mining & Smelting, that was organized in September, 1927, when the option was granted.

A minority interest in the property, which comprises 780 acres of Crown Grant land, is retained under the terms of the option by the Big Missouri Mining Company. Development of the property has proceeded systematically and been successful during the last six months under the management of the Buena Vista company, according to Duncan MacVichie. consulting mining engineer, of Salt Lake City, who returned July 15 from an inspection trip of three weeks to the property, and who is managing director of the Big Missouri interests.

An 1,850-ft. crosscut tunnel that developed high-grade gold-silver ore has been driven in a fractured ore zone, and over $150,000 has been expended in development work, consisting of tunneling and diamond drilling. Commercial ore was also developed in another tunnel, 600 ft.
long, and in workings off a 100-ft. shaft.

At the present time a crew of twenty men is employed, and one diamond drill is being operated in the heading of the crosscut tunnel. An Ingersoll-Rand compressor, with a capacity of 300 cu.ft. per minute and driven by a marine-type Diesel engine, is in use. Development of the property is now entirely under the direction of the Consolidated Mining & Smelting management.

J. J. Warren, president of Consolidated Mining & Smelting; S. G. Blaylock, general manager; and W. M. Archibald, chief engineer, recently visited the property to inspect the development work done. Big Missouri, presumably, will be one of the groups of mining properties used by Consolidated Mining & Smelting to supplement the production from the famous Sullivan mine in treatment at the plant at Trail, B. C.

Recently this company resumed the development of the George and Sibola groups, also in British Columbia.

188 Engineering and Mining Journal — Vol.126, No.5

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

TORONTO Letter

By Our Special Correspondent for Northern Ontario

Discovery at Crow River, in Patricia District, Seems to Be Important

TORONTO, Oct. 13, 1928—
The latest find which seems to be of importance is at Crow River, in the Lake St. Joseph section of the Patricia district, Ontario. By air, the discovery is 200 miles from Hudson, which is the jumping-off place to Red Lake, and by canoe route it is more than 230 miles. The original discovery was made by the Mosher brothers, of Cobalt, who staked the claim in December of last year. These prospectors were working far a syndicate of northern mining men. It was impossible to do any work on the property until this spring, when promising discoveries were made. In September the property was optioned to F. M. Connell and associates, the price being $40,000 in cash, spread over two years, and 450,000 shares of stock in a $3,000,000 company. The first payment of $2,000 was made Oct 1.

SEVERAL discoveries have been reported in the district, but the only sampling which has been made public is that done on the Connell option. These samples are said to show widths of from 12+ to 40 ft. on four exposures. The geology is said to be favorable, the rocks consisting of greenstone and Keewatin Iavas, intruded by quartz porphyry.
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It is announced that Potterdoal Mines, Ltd., operating a copper-zinc property east of Matheson, Ont., has decided to cease operations. Two years ago, a very promising surface discovery was made, with rich copper showings. A shaft was put down to a depth of 225 ft., and more than 200 ft. of lateral work was completed, but drilling showed that the ore did not continue at depth. The company has approximately $45,000 cash on hand, with which it may secure another property.
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A rumor has been current that at Teck-Hughes Gold, operating in the Kirkland Lake district, the ore was being cut off at depth by lamprophyre. This minor, however, is without foundation, as lamprophyre is a rock commonly met on this and adjoining properties. As it is of much later origin than the orebodies, it has no effect on the metal content.
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Murphy Mines, east of Kirkland Lake, is being reorganized. It will have a capital of 4,000,000 shares of $1 par, of which 3,400,000 will be issued. When the reorganization is completed, the company will have $200,000 in the treasury. The property has been under development since late in 1927 and the shaft has been sunk to a depth of 550 ft. A new discovery, known as the No. 4 vein, has recently been made. A new two-compartment shaft is being sunk on this vein and has reached a depth of 50 ft. Widths reaching 45 ft. are said to have been exposed on the surface.
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Ritchie Gold Mines, in the eastern section of the same district, has also decided to sink a shaft, according to J.J. Byrne, managing director of the company. A prospect shaft has been sunk for a depth of 40 ft. According to a progress report issued by the company, four veins have been discovered. No. 1 vein has been uncovered by surface trenching for 2,600 ft.
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New Pend Oreille Company Formed to Acquire Victoria Syndicate Holdings

REEVES-McDONALD MINES has been organized under a Dominion charter to acquire the holdings which the Victoria Syndicate, of London, has been developing during the last three years in the Pend Oreille district, on the British Columbia side of the international boundary. The new company has a capital of 3,000,000 shares of no par value.

Reports state that Pend Oreille Lead & Zinc, which has been developing a large number of claims on the Washington side of the boundary, has taken a controlling interest in the new company. The extent of its share holdings is not announced, but it is known that the Victoria Syndicate, which in turn is controlled by Central Mining & Investment Corporation and Mond Nickel, will retain 1,000,000 shares and that less than 500,000 will be offered for sale to the public.

Reports are to the effect that the Victoria Syndicate has demonstrated the existence of low-grade zinc-lead-silver ore, averaging about 7 per cent zinc, 1 per cent lead, and less than 1 oz. of silver per ton, on four horizons over a large area. On one horizon alone, more than 2,000,000 tons is said to have been proven, with the probability of adding materially to that figure with further development.

In all, the syndicate acquired between 50 and 60 mineral claims in the district. On the Washington side the Pend Oreille Company is developing a similar deposit. It has a 200-ton mill in operation, and recently applied for a water right on Z Canyon, which is said to be capable of developing between 400,000 and 600,000 hp.
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Buchans Mill in Newfoundland Starts Operations

Construction of the first unit of the concentrator at the Buchans mine, situated in the Red Indian Lake district of Newfoundland and owned equally by Anglo-Newfoundland Development and American Smelting & Refining, was completed some time ago, and operations were started recently.
The unit handles about 250 to 300 tons of lead-zinc ore daily. Ore reserves already indicated amount to about 3,000,000 tons. A complete statement regarding the Buchans operations was made by H. A. Guess, vice-president of American Smelting & Refining, in Engineering and Mining Journal of Nov. 12, 1927.
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B. C. Silver to Develop Deeper Levels

Selukwe Mining & Finance has notifled its shareholders that the development of the No. 5 level of the B. C. Silver mine, which it controls, situated in the Portland Canal district of British Columbia, has proved that the Premier Gold orebody extends into H. C. Silver. The ore is deeper seated than was expected, however. No. 2 winze is now being extended to the No. 6 level, and expectations are expressed that work there will disclose a large additional tonnage.
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Granby Also Increases Wages
Granby Consolidated Mining, Smelting & Power, operating copper mines at Anyox and Allenby, B. C., has increased the wages of its employees 10 per cent as a result of the recent increase in copper prices. This step, which was taken in conformity with an agreement with the employees, became effective Oct. 1. Similar increases have also been announced by most of the large producers of copper in the United States.
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Page 631 October 20,1928—Engineering and Mining Journal

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

THE MINING JOURNAL FOR OCTOBER 30 1929

CANADA

Construction of a flotation plant on its properties at Copala, Sinaloa, Mexico, is being considered favorably by the United Eastern Mining Company, according to Roy W. Moore, 1206 Pacific Mutual Building, Los Angeles, California, who is manager. Unless a power line is run to the Panuco-Copala district from Mazatlan, a distance of 40 miles, power will be obtained from a new Diesel-engine installation.

The company is also developing the Tulsequah Chief property, on the Tulsequah River, British Columbia, where over 3,500 feet of diamond drilling and 1,400 feet of tunneling has been done.

rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

THE MINING JOURNAL

Impressions of Western Canada

Extracts taken from a letter from GEORGE L. HOLMES, San Francisco,
California, discussing a recent visit in Western Canada.

A six months’ sojourn in western Canada, covering quite a range of country, brought to light many interesting facts.

I was engaged to make some drill tests of alleged dredging placer, along the South Saskatchewan, and Red Deer Rivers, to the north of Medicine Hat, but did not succeed in finding workable values, although all of the drill samples carried some gold, and a little platinum, in very finely divided particles. Had there been values sufficient to warrant equipping and working it, the conditions would have been ideal, as the gravels are underlain by a tough clay, or clay shale of the so-called “Belly River-Foremost” formation, and under that, we found an abundance of natural gas, which could have been utilized for power for the enterprise.

At Medicine Hat, is located a brick and hollow tile plant, with a clay bank in the rear, from which the raw material is taken, a creek flowing past the front of the plant, furnishing water supply, and a gas well in the front yard, which, after furnishing fuel and power for the plant for 30 years, still shows approximately 285 pounds pressure on the gauge. Certainly ideal conditions for such a plant.

Nearby we find a pottery which is utilizing some of the local clay, and some from farther south in the Cypress Hills, and turning out a line of clay products ranging from flower pots, to the finer grade of cooking utensils, and, as Canada is not ruled by Volstead, immense quantities of gallon jugs, which are purchased by the government liquor control boards for containers for light wines.

Half a block away is another tile and sewer pipe factory utilizing some local, and some clay from Cypress Hills, for their product, and provided with power from another gas well.

Another interesting feature is a plant known as the Rosaries, with 18 acres under glass, raising every greenhouse product from onions to chrysanthemums, all heated with natural gas, and making a wonderful profit by furnishing flowers and salads for the surrounding country during their severe winters.

My route carried me via Spokane (once a prominent American mining center, but, alas, I found that I could not even buy a gold pan there now), through Grand Forks, where I went over a portion of the Kettle River, through the Crows Nest Pass, via Nelson, and the Kootenai Lake, Cranbrook, where a side trip was made to the celebrated Sullivan Mine at Kimberly: thence to Lumberton, where a side trip to look over a placer, filled out a day, and then on to McCloud, Lethbridge, and Medicine Flat.

Returning, the route took me through the wonderful Canadian Rockies, with stops at Banff, Lake Louise, Field (where the Goldfield Consolidated people are operating a large low-grade property), to Kamloops, and thence to Vancouver.

It is good to visit Vancouver, and as much of the rest of British Columbia, if one has time and money to visit. It is good to be in a country where mining is looked on as a legitimate business, and not hampered by the many laws, rules and regulations, with which it is burdened in California, and where all the profits are not eaten up paying industrial accident insurance. They have a government compensation insurance for workmen in all industries, but they are run on a much simpler plan, than here, and cost only a small fraction of California’s rate of $9.42 per $100 of payroll.

British Columbia is divided into a number of mining districts, and at the principal point, or town, in each district, is a “resident mining engineer” who visits, examines, and advises, but does not report on any property, or accept any private work, or fees. Engineers in all lines in British Columbia, are required to take out a license to practice their particular lines of endeavor, and woe be to the mining engineer who makes misrepresentations of a property which are published for the promotion and sale of mining stock. The resident engineer of the district can debar him from practice for a period of from one year to life, according to the flagrancy of the case.

The resident engineers are thoroughly capable men, and, while they are government appointees, they are not obliged to favor politicians in order that their positions be secure, hence they can act without fear or favor, and, as far as mining ventures go, at least, they are far superior to any ‘‘blue sky laws” ever promulgated in the U. S. A. A non-resident, or an American, visiting the country to examine a mine. or prospect. for a client in the states. can obtain a temporary permit for such work by applying to the headquarters of the Association of Professional Engineers of British Columbia, Birks Building, Vancouver, or he can obtain a license good for either half of the year, on payment of a fee of $15 for the period, or part period, in which he applies, and he must submit satisfactory references as to his ability and qualifications for such work. A prospector, or miner, or a corporation operating mines, must further take out a miners’ license, good for the current year, and costing from $5 for an individual to $100 in the case of a corporation.

The mining laws of the province are fewer and simpler than ours, and very good, easy to understand, and obey. The industry is not hampered by them, but rather helped, and the province appreciates the value of its mining industry, and helps build roads, and gives important assistance in many other ways. Water power is available at many places, and hydroelectric power generated at large plants by public service corporations, serve many mining districts.

Particularly interesting were the visits to the smelters at Trail, owned and operated by the Consolidated Mining & Smelting Co. of Canada, Ltd., with its accompanying residence district, Tadanac, and the plant of the Brittania Mine at Howe Sound, a short distance from Vancouver.

The Vancouver section of the Canadian Institute of Mining and Metallurgy meets regularly on Tuesdays for luncheon at the Vancouver Hotel and every member endeavors to be there promptly and, if he has a guest, he brings him. The guestsare first called on to give a short talk about recent interesting facts pertaining to the work with which they have come in contact. These luncheons are interesting, entertaining, educational, and not at all like the usual American engineers’ clubs, where each branch usually has one day a week where a special table is laid for the mining engineers, the mechanical or electrical, as the case may be, and where the members, if they come at all, come late, sit down without greeting any, except their nearest neighbor, rush through the meal, and depart on other business, with hardly an exchange of views about the weather.

Unfortunately I was unable to stop long enough to attend the annual meeting of the Canadian Institute of Mining and Metallurgy, held November 27 to 29, inclusive, but a very good detailed summary of it has been published in the current issue of the British Columbia Miner, published at Vancouver. The resident engineers of the various districts, were present and reported verbally to the assemblage, on the work and progress in their respective districts.

If one is interested in mining in British Columbia, these reports would have been more than worth the cost of a trip to Vancouver to hear them, and the fact that one can write to the resident engineer of any district for information, and get it from a qualified specialist in his line, promptly, courteously, and lucidly, is worth a great deal to the industry. Of course, some of the districts are large, and travel in them is not easy, and the resident engineer has work to do that does not permit him to make regular trips to all portions of his district as often as he would like, and may not have had a recent opportunity to visit the property which is the object of your inquiry, but he always has good, accurate information regarding practically all within [the] official limits of territory.

I expect to remain in California through the winter, with side trips to Nevada, and Arizona, but I assure you, I look forward to a return to British Columbia next spring. It is the coming mining center of the Pacific coast.

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The ability of copper to radiate heat, makes it an eminently practical metal to use for fireplace hoods and chimneys. Hammered copper, a quarter of an inch thick, was used for the hood of the fireplace in the modern Ahwahnee Hotel at Yosemite National Park.

In candy kitchens and factories, shining copper kettles are a familiar sight. Their clean surface protects the purity of the products cooked in them,a and the kettles last for generations.
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rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

for OCTOBER 30, 1930

AMERICAN METAL ACQUIRES STOCK IN AFRICAN MINES

Expansion of the holdings of American Metal Company, Ltd., in Africa, has been revealed, with the announcement that the company has acquired additional shares in two companies interested in the development of copper mines in that country. Purchase of the shares, is to be accomplished through the issuance of stock of the American Metal Company, to the Canadian Selection Company, Ltd., present holder of the shares. The company already has an interest in the Roan Antelope Mines, Rhodesian Selection Trust, B’Wana M’Kubwa Copper Mining Company, Ltd., and other copper companies operating in Africa.

The American Metal Company is to receive from the Canadian company, 800,000 ordinary shares of the Roan Antelope Copper. Mines, Ltd., and 1,000,000 ordinary shares of the Rhodesian Selection Trust, Ltd., in exchange for 350,000 shares of the American Metal Company common stock, and $1,000,000 in cash. The stock, to be delivered to the Canadian Selection Company, is not to receive dividends until December 1, 1932. Application is to be made to the New York Stock Exchange, for the listing of the new shares on that date.

The Rhodesian Selection Trust, Ltd., has a two-thirds interest in the N’Kana Mines, in southeast Africa, and the Roan Antelope Company has acreage in the Mufilera, and other mines, in Rhodesia. The Roan Antelope Company’s properties have proven 75,000,000 tons of 3.3 percent copper ore, and it is estimated that it will be in production late in 1932. The extent of the company’s copper resources has not as yet been delimited, but it is thought that the mines will produce upward of 200,000,000 pounds of copper annually by 1934 or 1935.

The company has an authorized capitalization of 6,000,000 ordinary shares of the par value of 5 shillings and 1,500,000 shares of 7 per cent debenture stock. A. Chester Beatty, mining engineer and chairman of the boards of directors of the Roan Antelope, and Rhodesian companies, is to be on the board of the American Metal Company.
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rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

THE MINING JOURNAL

CANADIAN COMPANY TAKES OVER PHOSPHATE MINES IN IDAHO

Idaho’s phosphate mining industry will receive an impetus of considerable force, from the operation being started in Bloomington Canyon, south of Paris, by the Consolidated Mining and Smelting Company, of Trail, British Columbia.

According to B. B. Shelledy, and J. E. Miller, representatives of the smelting company, who are now on the ground, they will develop phosphate claims, lying a mile south of the Mcllwee Mine, in Paris Canyon.

The company expects to make shipments next spring, of 100 tons a day. The phosphate rock will be shipped as mined, without crushing or drying, to the new ten million dollar plant now being erected by the Consolidated Mining and Smelting Company at Trail. There it will be made into treble super-phosphate fertilizer.
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rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

CANADA

The Pend Oreille Mines and Metals Company, through its subsidiary, the Reeves-McDonald Mining Company, has surrendered its claim to the development of the Pend Oreille River, at Reeyes Rapids, and has filed on the available power of the Salmon River, above its junction with the Pend Oreille. The West Kootenay Power and Light Company is now free to develop the entire flow of the Pend Oreille, on the Canadian side of the international boundary. On the American side of the boundary, the Pend Oreille, and the Hugh Cooper interests, are struggling for supremacy.
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The Solar Development Company, Ltd., subsidiary of the Consolidated Mining and Smelting Company, of Trail, British Columbia, has started the development of the Star Group of phosphate claims, in Bloomington Canyon, near Paris, Idaho. R. B. Shelledy, of Spokane, has arrived at Paris to take charge of the work, and was accompanied by J. A. Miller, of Vancouver, who will act as foreman. The raw product will be shipped to Trail, and distributed after treatment there. Shelledy expects to use 25 men on this project.
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_________________
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rehab · Joined: 15 Aug 2006 Posts: 939 Location: NEVADA

CANADA

The Solar Development Company, Ltd., R. B. Shelledy, Superintendent, Paris, Idaho, has built a loading platform at the railway station in Paris, and has started hauling out its phosphate ore, from Bloomington. The railroad cars are routed to the new $10,000,000 phosphate smelter, at Trail, British Columbia.
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