The mine was a prospect and worked as part of the North Laxey sett under the title of North Laxey and Glen Cherry Consols. It is located in a small ravine about half a mile into the Corrany valley and was worked by two shafts, South and New, the latter being the engine shaft.

In 1889, a prospectus was released to raise a capital of £25,000 in shares of £1.00 each. Applications opened on Monday 28th October 1889 and closed on Thursday 7th November for the first issue of 20,000 shares. This suggests that the mine had perhaps been reopened.

The lode was running north - south dipping east with the vein being five to six feet in width near the surface producing Galena (lead sulphide) but narrowed off to to two feet in depth carrying only Pyrite. The main body of ore was between eight and twenty fathoms (120 ft).

The mine reached it's final depth of 270 feet when it was given up and had only three levels below adit at 15, 20 and 35 fathoms. The longest driving was about forty fathoms in length.

A water wheel, possibly thirty feet in diameter was located at the new shaft to keep the mine dry and was probably used for winding.

                                     Section of mine                   The project