In this county, about 16 miles in a southeasterly direction from
Newberry Station, on the A. & P. R. R., and 28 miles easterly from
Daggett, are the greatest deposits of iron ore on this coast. They
consist of immense beds or masses of hematite and magnetite ore,
containing a high percentage of iron, with traces only of sulphur and
phosphorus. These mines have been known for many years, and they have
had numerous owners by relocation and purchase, but nothing has yet been
done with them. Iron men from Pittsburg and Cleveland and elsewhere have
visited these mines and secured samples, and all reported favorably on
the excellent quality of the ores, but there the matter was dropped.
Located 16 miles from the railroad, and probably 20 miles by any
possible line of railway survey, as the grades are heavy, with neither
fuel nor water, the problem of their reduction was so formidable that
none dared face it, and for years this magnificent property has been
waiting for some one with capital and a “process” to come and make the
vast wealth available.