Show THE RED BOY MINES CO sumpter ore jan 25 the red boy mines company is the title of the reorganized corporation which alex of chicago has formed to ol 01 te le the celebrated old red boy which recently became financially entangled and which passed through a receivership hecei and into the hands of a syn licato of minority stockholders headed b by the chicago man the new corporation horation po ration in was born in west virginia and its president is ray nye of fremont nebraska who is heavily interested in the may queen mine an adjoining property alexander is secretary and john thomson thomsen president of the may queen and who was receiver of the red boy is general manager joseph T english of danville ill III former owner of the golconda mine is a director as is also manager thomsen the capital of the new company 1 is S placed at one million dollars with shares at one dollar each big plans for reopening the old mine which has a record of producing three quarters of a million dollars worth of gold bullion under the godfrey ahbol ownership have been outlined by the new management an electric power plant will wil be installed in the spring water being used to generate the current for transmission to mine and mill the power plant will be at olive lake where an unlimited horsepower is available superintendent billy reeves an old montana mining man is in charge of the underground work which just now is being confined to extending the blacksmith tunnel past the red boy and monarch veins which have each been completely sloped above this level to an intersection with the blain ledge on concord ground it is not believed that an attempt will be made to sink the shaft any deeper the standard mine at quartzburg Quartz burg is arranging for another test shipment to a denver smelter A shipment of 1000 pounds of high grade copper gold cobalt ore was made some time ago to the denver plant where an elaborate analysis was made by prof H H nicholson consulting mining engineer for the killen warner stewart company operators of the standard from this test prof nicholson deduced the crude outlines of a treatment process for application to the standard ores the product being in the shape of two grades of concentrates one carrying all the cobalt I 1 in the ores and a high percentage of gold and copper ano the secondary product carrying the remaining copper gold values the tailings from this test assayed but 98 cents showing a most remarkable saving by the process the second shipment which will consist of about sixteen tons of selected ore graling grading a trifle over per ton will afford a larger quan city fr a further test along previous lines and will be made the basis of arriving at a correct estimate of the probable cost of installing a milling plant at the standard an improvement which according to the management will be made in the early spring L BUSH LIVER MORIE |