The sun., 1890-05-12
NEWSOF THE MINING WORLD.
A FAVORiBLr OUTLOOK IN NEARLY
an EIELDS.

II
tnln Cold Mining Company, recently incorpo-
ratsd hero Ia comros0d o' Denver men and is
haclcI by Denver capital The company Is
cppitiiiiye at 5000 UOO. and its property con-
sistq Of eighteen patented and unpatented
rlaims. aui the old French Creek placer. a
twenty. stamp mill and five lots in tho town Of
Gold rnrk all located on French Mountain.
Eagle county.
Another biz strike is reported from tho ST.
lent Friend at Gunnison. They have passed
through the orc body first encountered. and
hRve now opened up a second body OF similar
character which is OF n higher grade than the
former.
Two hundred tons Of orc represents the
amount shipped up to date from Red Mountain
since the first of the month. OF this amount
the Custom shipped four. Yankee Girl three,
and Robinson eight cars.
1t is now stated on good authority that the
now strike on the Silent Friend ut Pitken shows
eight feet OF ore. which averages eighty ounces
silver. flfty-six per cent. lead. and two ounces
gold per ton.
The directors OF the Grand Central Silver
Mining Company have agreed to bond thcir
property nj Casa Grande for 100000
A rich assay was exhibited at Crested Butte
last week. running nearly 1000 ounces in silver
and $50 In gold. Since then several old pros
pect ors have disappeared from the streots. and
II is n question which way they went 1t Is
generally conceded that the assay is from the
ore found on Cement Creek, east OF the town.
There was shipped from Georgetown during
last month forty-two cars. containing 800 tons
md 10 pounds ol.ore, falling off OF 2O2 tons
and 44j POUNDS The valuation Of last months
shipments was about $jO.O0U. The decrease in
the shipments is owing solely to the very un-
The Freighters Friend. promising vein in
The idaho mining district, a short distance from
tho Veto mino. owned by POSTMASTER Shepherd
Ouray will employ 500 more miners this year
than last The tonnage shipped this, year is
same tlmo last year. 1t would not be surprls-
ing il Ouray county's outfit reached $2,5OO0OO
present quotation there will be no doubt Of it.
No new strikes have been reported for several
days.
The opening Of the placer mines In and
around Espanola has caused quite u healthy
boom, and projectors we're never more numer-
Gus than at the present time.
Poudre City is the name given to a new min
ing camp situated on the river two miles above
Rustic. 1t was established about two years
ago by prospectOrs who about that time dis
covered two gold bearing veins on the south
slope OF the mountains north of tho river
which they at once proceeded to develop with
the most gratifying success. These are known
rs the North Star s ana EIkn0rn h a., or the North
a s-ioot vein of mineral which assays from
$40 to Sj2 per ton;
was one ot party Of fifteen picked mon who |
recently invaded the Navajo, reservation In
turned to Albuquerque. and gives an account
OF he trip and its result. On the twentieth, day
1 n1 and fMG ii the pSr T6e parg
gathered up thor ore specimens and returned
with their gnard well satisfied with their trip.
derluy rich ore to Washington. and endeayor
to. secure the passage OF a bill setting of dis
trict twenty miles square from the Navajo res
crvation as Il mineral district.
The snif eks mining d6trft i mk
owned SpunlSl Mining I
pnny Of Madison. Wis, have three or four car
loads ont On l6 TIE lower leyeI o many any Jumps
lem. Ihiee leet Of snow fell last week prior
10 Thursday. The company will have large
cent Chicago ASSAYS on last ore taken out gives
t543 total value per ton iu silver and lead.
Tho Big -Four and Ben Harrison will make
heir shipment soon. Extensive work on many
eads will commence, eth, this spring Intense In;
crest Is being manifested I in anthracite coal
Will spring ever open up? That is the query
hat the mine managers and lessee, are max
ng now, in and around leadville. The condi-
lon of the roads does not interfere with the
YORK at tho various mines, as In most cases
otherwise stored" awaiting the arrival Of E
prtng Tho outlook for the season Is encour-
!glnE, and when the mines that are now st9r-
amp will be largely on the increase. T.
Work will he begin on On the Green Mountain
Turing the winter owing to the lmpossibiity I
!, working during the season OF heavy snow. 7
l..
's,ecs, who will .open up work now. A vein Of
90 Gro about six feet in thickness is in sight 4
n the new shaft at depth of 100 feet A h
epth Of ij5 feet mas been reached in the Dill -
m shalt, and from appearances only so feet
lrther sinking VIII be NECESSARY before the 9
apidly and he shaft goes down lour to five .
,et daily. Between thirty and forty tons of t
ore IS being daily taken out OF a
BE- ii tie Silver property. =
Ths orc streak in the Elk shaft grows better.
,Lilo til" development work Is going on rap
& Ia " q
ut Of the Fortuna property. This mineral Is &
eng extracted from the lower, tunnel, which '
Reports from the Gilman district, concerning
le BIeak House, are to the effect that the mine
The shipments OF ore from Aspen for the past
gHk we're ere not not 4uf;e so ~ large as i0E thS week
Thc most s 'HPo mportant Mf sc6om5 that has come
nablio knowledge within fow days is ,hnt
ON tho Castle Crock side, Tho projectors /.
this scheme are The gentlemen VINO ,are In
omnany. Thoyhavc located what Is called the /
onanza placer on Castle Creek. Their appli-
iversed i;ie ID by parties holding ranch claims @ on
e same grounds. These adverse claims have
st been settled. and it Is now learned that the
JIect in securing the ground Is to secure ter [
inal facilities for an immense tunnel This
innei will bo run into, the contact and will
,rritory owned by tho Percy company. Its
myth will be about two miles.
9TH tunnels in the Aspen had struck ore. but |
rs report was explained at the time as being
the discovery OF small seams Of lead which {
al no particular value During the past few
onthS more than f25,O00 has been expended
repairs. and now comes the cheering report s
lat II yen Of lead six feet thick has been
und. This is said TO run 40 per cent. in lead {
I'd 40 ounces In silver.
FAVORABLE DEVELOPMENTS IN NEW MEXICo.
SILVER CITY, n. NJ. May G.-The Pacific Gold {
OmDanyS mill here is NV running one bat 1
ny OF stamps, and as soon rs the old concen- {
ators which were in the mi are all replaced
y Frue Eanners, the remaining three bat :
cries will Do started up. The total capacity Of
20 mill is from 55 TO 60 tons OF ore per day.
Tho Deep Down mine Is being worked under
40 lease system, and bids fair to be ~ more
egular producer this summer than 1t has been !
y some time past.
The water has been pumped out Of the Anson I
copper mine at Hanover. and fourteen , I
liners were put to work there to-day. It ia I
Npected that the OUTPUT of ore will be at least
ear load per day from the start, and that this 4
york in the mine.
Iumping and hosting machinery is being I
'ut IN al mo Amorlcan mine ut Hachita- AS c
Don rs the pumps can be got to work. sinking
'el1w mo walor level will be commenced. :
tlch ore has noCn struck in the Hobson group
u mines ht ljlackEawk. Some of tho ore runs | y
Is nlsh n - prr round in silver urk seama a