The Bessemer indicator., 1894-04-14
Miaiag Notes.

ping rich ore. On Saturday tnreo Ano
one half tons Of third grade ore brought
between $500 and 5000 per ton; second
grade sl3, 900 per ton; first grade u
per pound.
During the present month the
United States branch mint at Denver
has paid out for gold retorts the total
sum Of 1890, ls7. .26, against total pay
ments in 1890 of $lll, ,532.22. This
shows a gain of *2Os, 655, or l7s per
cent.
Three hundred and fifty ounces Of
gold valued at about u, 900, has been
received by express at Denver from
Breckenridge, the result Of aweek's
cleanup on Farncomb Hill. Repre-
sentative Westerman says the hill av-
erages from $50 to 400 ounces every
week.
Reports from Russell Gulch are to
the effect that workmen in the $50
foot level at distance Of twenty feet
from the main shaft of the Alma Ad
ans vein Of the Sutton group, brought
to view at the last shot large streak
of the same high grade as is found at
the bottom of the shaft at depth Of
275 feet. The leasers are in high
glee and confidently assert that this is
going to be the big mine Of Gilpin
county.
During the summer of 1881, says q
Durango paper, a miner named Ken
nedy, prospecting on the Needle noun
tains, discovered mine from which
he brought down some very rich ore.
Nobody had been able to locate his
find, so secret were his movements.
Heavy SHOWS forced him to leave the
property, and he spent a portion Of
the winter in Silverton, took sick and
died, without giving any person clue
as to the location of the property. j.
N. Livengood spent months every year
searching every gulch and peak, and
was rewarded last week by finding the
property. The assays from the ore
taken out, which is brittle and ruby
silver, give value Of 20, 900 ounces to
the ton. The location Of Kennedy's
mine was never recorded. Mr.. Liven-
good has named the property the Gold
en- Needle. He will proceed to add
further developments and make some
shipments at an early date.
March showed an increased output
of stamp mill ore in Gilpin county.
Every available camp in Black Hawk
was employed A home pool has Sc
cured lease for period Of eighteen
months on what is known as the Dali
las company's mill, situate in the up
per portion Of the Quartz Mill City,
which has capacity Of thirty-nine
stamps. These have been overhauled,
and yesterday twenty-nine stamps
were started up on custom ore from
various mines. The mill has been
supplied with Gilpin county ore con
centrators. The remaining ten stamps
of the mill will be running this week.
The Empire Mill Company is putting
in new eighty horse power boiler
and will add 25 more stamps to its
present capacity, which will give them
fifty stamps. The new Gilpin mill is
running and twenty stamps are
being added At present writing
there are over five hundred stamps
running in the county, and by the
middle of May fully six hundred and
twenty five stamps will be running
1t is understood that the lbex Min
ing company of Leadville, which num-
bers among its properties the famous
Little johnnie, has in contemplation
an exhibition that will most etfectually
discourage all the skepticism in re-
gard to the possibilities of the Lead
vile region as gold producer. The
exhibition is to be in the shape Of a
solid pile Of bricks whose aggregate
value will be in the neighborhood Of
100000. The present daily output
of the belt is placed at 500 ounces in
gold, the daily tonnage exceeding $50
tons. The Little Ella mine is cited as
an instance of the opportunities in
gold development which were over
looked previous to the recent revival
in gold mining in this community.
Before the present management OBJ
tained control the mine was operated
by lot of local capitalists, who sank
800, 0eO in the vain endeavor to take
out lead and silver enough to make the
venture profitable one, and failing in
this practically abandoned the mine.
The present management repros-
pected the property and obtained
evidences that it is rich in two and
three ounce gold.
The officers Of the Rico Aspen Min
ing Company, operating in the famous
Rico district, have announced the reg
ular dividend for March. The amount
is $25, 900 at the rate Of q cents per
share of the capital stock, or 30 per
cent. per annum on the par value Of
the company's paper. The report
from the manager Of the mines sub
mitted to the directors, states that
ore bodies now in sight will warrant
dividends for a year at the March
rate without further development
The second class ore has so risen in
value that the entire output of the
mines is now ranked as frst.c class ma
terial The output, about fifty car,
per month, is treated at the Omaha