The Waterloo property consists of four claims. The principal workings
are in the Waterloo Mine, where large stopes have been extracted, though
considerable amounts of ore still remain in sight. An idea of the extent
of some of these Calico mines may be gained from the fact that the great
ore body of the Waterloo is 1,100 feet in length, and is known to extend
from the surface down to the 525-foot level. At the east end the
ore-bearing zone is from 4 to 7 feet in width, widening downward. Going
westward it increases in width until it is 60 to 70 feet wide. This
mine, like those immediately about Calico, was worked for rich pockets,
and, as a natural consequence, the mine was left in bad condition. Jos.
D. Kerbaugh, the last Superintendent of the mine, had inaugurated a
systematic method of extracting ore and recovered much lost ground. The
ore is usually low grade, and this, in connection with the low price of
silver, has resulted in the closing up of the mines. A narrow gauge
railroad has been in use for several years to transport the ore from the
Waterloo group and the King and Red Jacket Mines, owned by the same
company, to their mills at Daggett, timber and supplies being brought to
the mines on the return trips. The transportation of ore, I was
informed, cost 12 cents per ton. The railroad is about 7 miles in
length, and runs on a pretty steep grade.