Las Vegas free press. (East Las Vegas, N.M.) 1891-1???, 1892-07-06
TIE KANaAaoo SOLD.

| rec, OF which the News gave the
first and most accurate account at
the time of striking 1t, still continues
to be heavy producer, employing
all the idle miners and monopolizing
all the freight teams in town. 1t is
now the favorite of Bonanza hill, a
hill that has made fine record and
one that every year comes into no.
tice by the discovery of large and
rich deposits that set everybody wild
and add another millionaire to the
long list of capitalists that can point
to Bonanza hill as the treasure box
with which they were lifted into
prominence, wealth and influence.
Bonanza hill has made more mining
men wealthy than any other mining
section of New Mexico, and just now
it has filed the pockets of another
man so full that he can retire for
life and have money to throw at the
robins.
J. b. Reuchler, formerly of Bell
vile, ILL.,, is the lucky man. He owned
the Kangaroo mine, a mine, it is
said, that the original owners felt
very good over when they palmed it
off on Mr.. Reuchler, thinking they
duped the old man with tinhorn
prospect.
Mr.. Reuchler received in the last
ninety days $4,000 in royalty from
the ores shipped from the mine, and
yesterday he received the final pay
ment of $4,000 in cash on the Kan
CARGO.
S. V. B. Hose g. Co., of Chicago,
are now the fortunate owners, hav-
ing made all the payments and re-
ceived full title for the property.
Up to the present time they have re-
allied nearly the first cost of the
mine, clear of all expenses and roy
atty, which remained in full force
until the final payment was made.
The mine has fallen into good hands,
and will be extensively opened up
under the SUPPLEMENTARY of VIM.
White, practical miner, who is well
acquainted with the mineral bearing
stratum of Bonanza hill and vicinity.
The Caledonia and Savage, lying
adjacent to the Kangaroo, have been
bonded for large sum by S. V. B.
Hose & Co., of Chicago, for short
time, and are being actively worked.
Both have been good producers,
but have been worked under
the lease system, and the gopher idea
has exclusively predominated. A
great many grass root pockets have
been found on the former mine
which were taken out and shipped to
the smelter. This system of mining
has been in operation for the past
nine years, each lessee having 100
feet square of surface ground, its
twenty acres of surface ground re-
sembling a dog town. There has
been no deep development on either
the Caledonia or Savage, in truth, the
the universal bearing lime strata
which carry the ore OH Bonanza hill,
yet remains intact and subject to dis
covery by thorough system of ex-
plorations. The probabilities are
more than favorable that vast ore
chambers will be opened up in these
properties which will equal those
that have made Bonanza hill WOO
ing place for men seeking wealth
on one deal with the silver gods that
seem to have made that hill their
treasure vault.
The Calamity, which has become
historical through being the victim
of the first onslaught of the apex
fiend, and which so ably and signally
defended the right to the ores within
its boundaries, is doing active and
permanent development. A tunnel
has been started nearly on a level
with Percha creek, which will be
driven through the ground of the
Goodwill claim a distance of 400
feet, cutting the Calamity side line at
depth of 800 feet. When com
pleted the tunnel will open mp the
Calamity contact at a depth of 500
, feet, thereby insuring them against
any immediate flow of water and CIV