Show MONTANA the spring hill mill of the montana idaho mines corporation po ration is treating an all average of about tons per day and according to the last cleanup clean up the recoveries were per ton recently recently y a crosscut cross cut on the lower level of the mine opened a body of ore assaying 8 per ton the mill at winston is operating at full capacity with electric power and on the quartette claim of that property a new shoot of ore has been opened showing two feet of mill ore and ten tell inches of high grade A is being sunk from the seventh level of the east pacific property of the company near winston the company now has three properties operating 6 at a substantial profit argenta mining company operating 6 at argenta beaverhead county has opened a vein about twenty feet w wide ide carrying b high 6 values in bismuth and some gold the company comb is figuring on shipping this ore to germany for treatment company controls acres and is officered by john collins president C V elder vice president and ralph ralp rowlands secretary treasurer all residing in dillon bondholders Bond holders who were responsible for putting the north butte mining company in receivership have started action to foreclose this action is instituted against matt ma essig and john W receivers the present officers claim that the bonds are not protected by legal mortgage it is believed that the matter will be adjusted so that the property can be re financed and operations started before the end of this summer ardsley butte mines corporation in the first four months of this year produced close to ten thousand tons of ore with mill returns of about and net profit of about before deducting federal taxes and depletion this was produced from the highland property of the company over fifty per cent of the companas comp anys efforts are being devoted to development raises are being driven two cross cuts are being driven to the south and a is being sunk from the level on the highland vein on the foot level the highland vein is being mined for a width of from 8 to 32 feet the number two vein was cut feet south of the highland vein and is being drifted on according to montana state publicity bureau the east helena plant of the american smelting smelling Sm elting and refining company in 1927 treated tons of ore and flux giving a lead pr production of tons the plant employs men witha with a payroll of per month montana supplied fifty six r per cent of the ore that went through the smelter last year one half of this fifty six per cent was straight montana ore coming from mines scattered throughout the state the other half came from the great falls zinc plant residues derived from ores originating in idaho montana and utah the remaining forty four per cent came directly from the mines operating in the coeur dalene district of idaho last year the company spent for new construction st work |