TWO SUCCESSFUL PROSECTORS
On Thursday two examples of the successful, and true prospector, came into
Speaking of Southeast Kootenay as a mineral zone, the gentlemen stated that it is, in their judgment and firm belief one of the most fruitful fields for the intelligent and industrious prospector to be found in the world today, accessibility by the C.P.R. being taken into consideration; nor is it an advantageous and desirable field for the prospector alone. Here exist the same grand opportunities for the judicious investment of capital. The man with a few hundreds of dollars may find undeveloped prospects which can in a short time be developed into properties that will command thousands while syndicates with larger capital may secure mines upon which sufficient work has been done to demonstrate that they go deep, and carry the ores and values along. The Messrs. Hamilton not only believe this as miners and prospectors of long experience, but are backing their belief with money and muscle, two things needful for mine getting.
All the country rock of Southeast Kootenay is of a nature intended by nature to be the storehouse of the more valuable minerals – mainly diorite and slates, in places traversed by porphyry dikes; the dioite, in most mineral districts an exceedingly hard formation to penetrate, here softens with depth. Quartzite, sienite and granite appear less frequently; the only lime belt of any magnitude encountered by the Messrs. Hamilton lies between the Little Bull and Big Bull rivers.
VALUABLE CLAIMS
As a result of last summer’s prospecting the
THE LORETTA is not a very large lead, but shows splendid values in gold, numerous assays giving returns of from $36 to $100 per ton. The ore carries tellurium, that rare metal so seldom recognized by the large majority of prospectors when seen, and which often carries with it fabulous gold values. Mr. Hamilton is reported to be the first in this district to recognize and classify the mineral.
THE
The Lookout is an extension of the
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| Title: | Hamilton, John & W.J. |
|---|---|
| Internal ID: | 0050.0200 |
| Medium: | Newspaper |
| Date: | April 12th 1898 |
| Collection: | 0050 |
| People: | Hamilton |
| Publisher: | Cranbrook Herald |
| Pages: | 1 |
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