Show MONTANA sheridan enterprise wint raymond is very enthusiastic over reports received from the goldfields gold fields of nevada his property is near the famous mine that a recent offer of a day lease was refused mr raymond is positive he will be a millionaire yet joe black a Sheri danite is looking after mr raymonds interests butte miner the plan of closing down the butte boston smelter is being put in operation and at present less than one third of the men formerly employed are at work it is expected that by the middle of may everything will be closed and the fires drawn much of the material that has been used including the ovens will be sent to anaconda and it is expected that a great amount of copper will be realized from it when it is smelted smelt ed butte miner superintendent J H pankey of the eastton mine announced that on tuesday he will put a force of men at work un watering the property the report which has been in circulation for the past few months that the F easton aston and pacific mines would remain closed is thus denied the eastern mill will be closed tuesday for repairs and will be completely overhauled and numerous improvements made the news of the resumption of the easton and pacific mines will be most welcome to the business men of virginia city near which the mines are located butte miner the announcement that the raven company will issue worth of bonds to secure funds with which to further develop and make improvements was made last week and the issue is expected shortly the largest interest in the company is held by the frisbee interest of hartford conn frederick norton represents this interest and is ready to purchase the bonds when issued the mine which also belongs to the raven company will be worked in the near future through the shaft of the buffalo mine which will be a considerable saving to the company butte miner the red bird company of helena is preparing to do extensive work this season on the three different properties owned by the company systematic development work is being done on the reliance group in high ore gulch and at the same time profitable shipments are being made high grade ore has been found in two different places on this property eight inches of one discovery on the foot wall assaying several hundred dollars per ton about sixty feet south of this high grade vein another shoot of ore is being developed it being on the same level and parallel to the high grade this is oxide which assay sas as high as 50 per ton levels are being run on these veins which are from one to forty feet wide and very regular A will be sunk on this ore body the company has a good f force orce of men at work on the red bird near austin making large shipments the incline will be extended another feet from the foot level and a four drill compressor and additional boilers are being installed the copper hill properties of the company will be extensively developed this summer |