The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-15
III A GREAT MINING FIELD
A Region Rich in Gold and Posi-.
bilities.
ABOUT THE CRIPPLE CREEK MINES.
Big Finds Have Boen Made Within an
Area OF SIX square Miles, Known
as"The Golden Circle"
OUT THE CRIPPLE CREEK MINES
Chicago Record.

Denver. Col. December 6.-Slnce the
speculation in mining stocks has assumed
such large proportions In this State. aud
especially IN stocks of companies oparat-
ing in the CRIPPLE Creek district, interest
by tho recent developments of that camp
warrants u review OF the situation as
II appears at the close Of the year. TIE
cripple Creek people have long delegated
IN the term the Golden Circle" by which
they mean the territory almost circular
IN shape within which up to u very recent
time all of the shipping mines and mines
showing ore or assays of any value have
| been located.
Ii is known by this time that the Grip
pie Creek district is not located amid rag
ged mountains and deep and dark oanons.
but consists OF number OF rounded hills
IN cluster, scantily covered with pine
timber. The size of the district was orig
inally cattle pasture. and the town Of
Cripple Creek is located on what was once
the Bennett Il Meyers rarch Portions OF
the town site once yielded oats and hay,
ana later produced free gold from placer
workings. Within the last month COM
pany has been incorporated TO sell town
lots located on IL large tract OF patented
placer ground. which has been formed as
Il recent addition TO the rapidly growing
city.
The first discovery of gold was in the
III PaSo shaft up Poverty gulch. east OF
the town of Cripple CreeN. at the base
Of Tcnderioot hill. 1t ~ singular that
iaso up TO the present time no other pro
duCing mine has been developed ION Ten
derloo hill. nor have any discoveries OF
mines been made ON Curhorate HUI ana
Mineral hui, both OF which are located
north of the town site. The promise OF
the early future Is that Mineral hill. ospe-
a. ~
terest. The wash is deep upon these NILS
and IL requires an outlay OF considerable
money to sink shaits through them ,, 10
reach the mineral bearing rock. The
Cripple Creek district has been slowly
opened up by men of limited capital, and
they have been forced to seek claims IN
other portions OF the district where the
wash IS not deep and where the rich gold
| bearing veins have been found close to the
surface. such veins often being found by
Inc dnere digging OF trench across the
claim Many IF the mines were slowly
developed this year by prospectors work
ing their claims or by lcssocs who thus
discovered the rich ore. took II out IL
Wheeiuarrows and shipped 1t. a ton OF two
at Il time, to one Of the mills in the camp.
Tho returns from these small shipments
furnished them money enough to hire
fcw mon To deepen the shafts by the use
Of the w!ndIass. and IN q few cases steam
hoistS have been purchased by le3sees out
Across tho guich from the FL Paso shaft
is the property of the Rebecca company.
owned pN n fgtucN SynNltulc lIidt puI-
chased the c. O. D. mine after IA iissurc
Vein had been proved. ms sale was tho
first Of any Importance made in tho Grip
pie Creek district. but this had not DC
CURED until long after Developments had
been made In the new territory three,
four and i've miles south Of town Three
miles, east of Cripple Creek, passing from
several hills Of clsser size is the great
rounded summit of Hun hill. where the
first hSSure vein OF the district was dia-
covered I'm tho Bucna Vista mine In the
purlN GlNs Tho gHmn'4 history IUt
Buena Vista vein has since been followed
for about 800 feet through several claims
controlled Ivy the Isabella Mining com
pany This company owns l5j acres Of
claims In a group on Bun hill. which are
at present worked through an incline SNARE
Alb fcCt deep, from when five levels have
been explored for a distance Of 400 feet,
This vein has aiready produced over 500
90. me Isabella company now has four
shafts operating under short term leases.
Il has a capital stock of g., 25G, 900.
Two young men from Colorado Springs
located a claim on Bull Hill which they
named tho Pharmacist Through perversc
conditions aud difficulties due largely TO
the management this mine has produced
over sl50.oll and has paid out about $500
ii may bo wen to say at this time that
since the panic the best progress made
IN Cripple Creek has been due TO the
leasing system, whereby miners thrown
out OF work In tne SILVER camps were
given an opportunity 10 prospect patented
ground ana II has been through this in
tellgeut exploration that the practical
miners Of Cripple Creek have made It the
great gold camp Of the state. The Or
phan Belle ON Bull i'm has been devel-
oped under twelve leases until orc 10 the
value 70 $4,000 has bcen shipped during
the fan and the property - receiving the
confidence Of TIC entire camp. A number
Of other claims on Bun hin have, under
tho leasing system, likewise shown re-
cent indications Of being mines and the
entire Bun fii,l territory Is now known
as favorable location where
large number OF new mining coinpanies
arc operating Win inc money receiver
from sales Of treasury stocks made on
the exchanges Ia Cripple Creek. Colorado
Springs and Denver,
1t was while operations were almost on
tirely ceuterei on bun I'm that w. 3.
Strutton wandered off to the south. and
IN an entirely new field on the southern
slope Of Battle mountain, located his In
dependence nirc of which many stories
OF Wcudrous richness are now told. Three
other men quietly investigated that same
terri tory, resulting IN the discovery OF
the high grade god ores OF the Portland.
ferost These discoveries resulted in the
rapid DEVELOPMENT of the Battle mountain
territory and the establishment Of the
town % Victor at its haze. Victor today
Cripple Creek. located SIX miles farther
ny I"' mario" '''.y' "'' "''' o''S'
associate hin called Squnw mountain
have been the limits Of the Golden
Circle" but recent prospecting gives
Grouse mountain 10 the west VIII open up
the Golden Circle" to still wider area.
No shipping mines. however. nave yet
been discovered south or west Of Victor.
and new companies organized during the
year whose stocks sell on tho exchange.
al prices ranging from few dollars a
Thousand to / and cents a share may,
hy the money obtained from Gales OF large
blocks OF these stocks. open up come veins
which viii give value 10 the stocks. n
may he said in this connection that the
so-called cheap stocks OF the Cripple
Creek district are. as a general rule, OF
ccmpanies owning claims and prospects
without tho Golden Circle"
West OF Bull Hill and Battle mountain
Is tho rounded s,ouc Of kayen fill, which
ir 49,. ~, COW, - fi7- "f3n'fan Firo's %
Among the early prospects OF that hin
tt az DID,. -ltu. alE .H...l mag le rJul-4
the Moose. which sent carload Of ore
10 the Pueblo smclteT as early as Nnvem-
bsr. 1893 and the company pRid iia frst
dividend or ] cent per share In February
Recently the Doctor mine on Raven hin
oDeDed nm a vein Of ore so rich that
guards accompanied the ore 10 the smell
ters and the miners working the drafts
an. closely watched to prevent tho pOss,-
biiitv of their taking away chunks Of the
ore Ii THAR porkfts or dinner pats. Such
precautions failed. however, and recently
Two miners were arrested. ard over tlpp
worth Of ore was discovered In their |