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Mines - Silverado
The Silverado
property, presently incorporated into a 99- claim
group which also includes the Porter Idaho and Prosperity
mines, is southeast of Stewart on the slope of Mount
Rainey.
The original Rainier Fraction (Lot4511) claim
located in 1904 was first part of the Hector Group owned
by Chambers, Deaville & Co., who initiated development
of the property with several open cuts and some stripping.
In 1920 the Silverado
group of five claims was relocated on the Hector ground by J. W. Stewart
and
John Haahti, of Stewart, who traced a vein at 3,500 feet elevation for 300 to
400
feet and sampled pyritic quartz-tetrahedrite mineralization which assayed 360
ounces
of silver per ton and $10 gold.
The Silverado Mining Company was formed
in 1921 and controlled by J. J. Coughlan, of Vancouver. During the year,
5
miles of trail was built from the river to the upper camp at 3,850 feet elevation
and
a camp and aerial-train terminal constructed at 1,700 feet elevation.
A two-bucket single-cable tramline 1 mile long was built to the upper
camp and 7 tons of rich
silver ore was transported to the beach. By the end of 1927, several hundreds
of
feet of drifting and trenching had been completed on the series of flat-lying silver-quartz veins on the Silverado ground without much
success, but a new set of steep northwest-trending
veins outcropping above 3,500 feet elevation at the toe of Silverado Glacier was then discovered in sub-parallel
shears, which gave some encouragement
to the developers.
In 1928 the control of the 19 Crown-granted claims
was secured by the Premier Gold Mining Company and development of the new
vein system was commenced by the newly organized Silverado Consolidated Mines,
Ltd.
Most of the underground development, which included about 4,000 feet of crosscutting, drifting, and raising on veins, was
completed in 1929 and
in June,
1930, the Premier Gold Mining Co. Ltd. suspended operations on the property,
presumably
as a result of the falling price of silver.
In 1932, John Haahti, of Stewart,
leased the property and mined about 134 tons from the upper tunnel at 3,688
feet and the veins at 3,750 feet just below the glacier toe. This was mainly
massive
galena with ruby silver and the ore was hand-cobbed at the
lower tunnel, sacked,
and taken by pack horse to Stewart. The lower workings on the canyon vein
at 1,860 feet elevation on the Rainier Fraction were explored in 1939 by
John Stewart,
but no ore was shipped.
The Big Four Silver Mines
Limited took over control of the Silverado, Prosperity, and Porter Idaho properties, which included about 30 Crown-granted and
fractional claims and attempted to reopen the Silverado in 1946.

RENNIE'S PACK TRAIN
CROSSING THE MARMOT GLACIER 1930

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