Show SALE OF SILVER BELT GROUP the standard of anaconda montana says bays that the silver belt grand prize and enterprise claims have been purchased by a syndicate of stockholders associated with the cascade mines and mill company and is being handled under a separate organization to be known as the neihart celhar t silver mines company the silver belt group is to be developed by a long crosscut from the moulton mine workings which will cut many veins in the grounds of the cascade company as well as those of the silver belt group this crosscut will be feet long and will cost some the funds have been raised and the work will be started upon the arrival of president bras brook of the cascade company from boston in a f few ew days the silver belt mines have been old producers of the camp and have a record of more than ounces of silver from the tunnel level which gave but a maximum depth of feet on the vein the ore body is large and has been of a high grade and shown continuity in the sill floor of the lowest tunnel of several hundred feet the crosscut from the moulton will cut this ore body at a depth of feet and is expected to open a large reserve of shipping material as the silver belt ores are the highest grade in the camp the neihart silver company is to be a development and operating company working in conjunction with the cascade silver mines corporation who own their own mill and will handle the milling ores of the neihart companas comp anys production george hale braybrook of taunton mass will be the manager of the new neihart development concern which is being financed in boston and butte by the same interests that floated and developed the cascade company the purpose of the separate organization is to relieve the cascade company from the risk of davelos ment of new ore and to take hold of several other promising prospects in the camp which will be deev loped into production that will maintain n a large reserve of milling ore for the cascade mill |