Detailed/More Info:
Ida May Mine
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Info Database Last Updated 13.12.2021 (Entity News entries: 2)
Type/Category of Info:
General Mining News
Info Source From:
The Mining and Scientific Press. Volume: 119 [CXIX], Issue No. 21
Info Publication Date:
November 22, 1919
Info found on page:
754
Info Title:
Elkton Consolidated Mining & Milling Co. News
A leasing company similar to the Isabella Leasing company, which was recently incorporated, is being contemplated by stockholders of the Elkton Consolidated Mining & Milling Co.
graphic for visual presentation of text It is understood that the board of directors has been sounded as to the possibility of securing a lease that will ensure development of the Raven Hill estate at depth.
graphic for visual presentation of text
graphic for visual presentation of text Connection will shortly be completed by cross-cut between the Moffat tunnel and the Blue Flag workings. On account of the Blue Flag adjoining the Ida May group of the Elkton company on the north, its development from that direction is impossible.
graphic for visual presentation of text
graphic for visual presentation of text The movement is reported to meet with the approval of many of the stockholdere and a special meeting may be called to arrange for the organization of a leasing company.
graphic for visual presentation of text No work is now being done on the estate, except by lessees who are making fair production from the leased territory south of the shaft.
Above Info was Last Updated on 30.10.2020 (11:04:30)
Above Info was First Seen 10.03.2020

Type/Category of Info:
General Mining News
Info Source From:
The Morning Times. Volume: 7 [VII], Issue No. 270
Info Publication Date:
October 15, 1899
Info found on page:
1
Info Title:
Ida May in Great Ore
Lessees Make an Important Discovery in the Ida May
IDA MAY IN GREAT ORE.

Stockbrokers and people who buy mining shares became greatly excited yesterday over Ida May, and there was excellent reason for it. This block has been fairly active of late, and the price has advanced quite materially.

On Friday it was offered at 23⅛, but last night on the local board 30 was the price asked.

The immediate cause for this is the opening in the 300-foot level from the old working shaft of a body of ore from 14 to 20 inches wide, that assays all the way from 10 to 17 ounces in gold to the ton. The block of ground where the discovery was made is under lease to a Mr. Ingersoll, and it is understood that some Chicago people are interested with him in the lease.

It is too early to predict as to the importance of the find, but the principal owners of the company firmly believe that a bonanza has been opened.

The Ida May owns 25 acres of ground on Raven hill, and great things have always been expected of it.

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Above Info was Last Updated on 30.10.2020 (11:04:30)
Above Info was First Seen 27.07.2019