Show MONTANA the gambrinus Gamb rinus shaft of the corbin copper company at butte is being su sunk at the rate of 33 feet a week the work of sinking the shaft on tha 9 butte and london at butte will probably probable be started about the middle of september the east butte is increasing its ore reserves on the 1200 foot level where better values are said to be obtained than on the the anaconda mining company produced pounds of copper in july a little less than in june and about pounds less than in may directors of the butte main range company have withdrawn the offer which they made in connection with an exchange of shares to consummate the merger with the tuolumne at butte inasmuch as many of the tuolumne stockholders were opposed to the merger its defeat will not cause much regret the davis daly which is developing the 1900 foot level of the colorado mine at butte by drifts east and west from the shaft made profits enough in july for the third consecutive month to take care of development work which had formerly been a drain on the treasury about tors toes of ore is hoisted daily the ore running about 36 per cent copper the butte alex aiex scott has drifted on its main vein at butte for feet on the 1000 foot level the vein averages 12 feet an and carries 6 per cent copper and one and one half ounces in silver shaft sinking will be continued to the 2200 foot level in two months more the company expects to be hoisting to tons of ore daily the american institute of mining engineers had a most interesting meeting at butte and great falls beginning on the when the great falls was inspected spec ted monday the the mines of butte were inspected and on tuesday the party went to anaconda to visit the smet tery there wednesday was spent at the butte mines and thursday in the georgetown district the barker property owned by the gunn thompson interests of salt lake is in excellent shape the mill is handling about forty tons daily and there are nearly 1000 tons of concentrates ready for shipment which will run 30 to 35 per cent in lead crude ore running 53 per cent lead ounces in silver and 2 in gold is being shipped ta the salt lake smelt eries it is rumored that the cole ryan interests have split and that thomas F cole president of the north butte mining company of butte is leaning toward the gug gen heims it is known that a large amount of ground about the north butte has been optioned option ed and there is talk of another big merger with north butte as the center which will rival the amalgamated interests through its connection with the duggen heims |