Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1895-10-05

He says the richest lead is a strip half a
mile wide. He is man Of over twenty
years experience in Colorado and Black
Hills mining. A thousand people from
Lincoln visited this section yesterday.
Those who have been there are the least
sleptical. A hack line has been estsb-
lished from Milford to the central poin.
Of the district"
IMPORTANT GOLD STRIKES
A Hill City correspondent in recent
communication to the Black Hills Min.
ing Review, says: WORD has been re-
ceived here b the effect that an en-
ormous reef, fifty feet in width, which
boldly outerops on Spring creek, four
miles below Sheridan and about twelve
miles from this city, has recently been
proven to contain highly profitable
auriferious values. The discovery Of
this promising vein came about in this
wise Since the first search for gold in
this country there was never a pick
struck on this immense vein until an
emigrant from Oklahoma came ihto the
gulch and took up a parcel of land ir
the valley for ranch. The recent gold
excitement which resulted from the
fabulous discoveries made in the last
six months, had undoubtedly great en-
chantment for the rancher, who began
to explore in the vicinity, and it is told
that the first piece of rock detached
from the outcrop Of this immense vein
disclosed innumerabe particles Of free
gold. This revelation aroused the
hopeful emigrant TO prosecute systema-
tic exploration along the outcrop for a
distance, and although
there has been reticence shown in giy-
ing out information on the recent re.
suits, enough is known to warrant the
statement that gold is exceptionally
regularly disseminated through the ore.
Great eagerness is noticeable among
the prospectors in the effort to locate
extensions and the improvements and
effective development work now under
way exceed any prior year"
WHAT ALLERToN SAYS.
5. W. Allerton, Of Chicago. one OF the !
principal members of the celebrated
Golden Reward Mining company, in an
interview with reporter ofthe Chica Q
Tribune in relation to the reported SAFE
Of the property, says: THAT Desdwood
dispatch saying the Golden Reward
mine had been sold is a little premature.
| believe, however. il is about to be
sold. / am the largest stockholder in
the mine, but the arrangements for the
sale are in the hands of the other two
owners, Franklin and Baer, of Dead
wood. The Deadwood dispatch puts
the price at S2,000,GO0. The mine has
been turning out SS00,000 a year for
three years and is still at it. do not
know the names of the parties who will
be the purchasers. They are TO get
some OF the other property that we own
mp there along with the Golden Reward
We viii lg 70 vpAa IddeerehbeeRs hee ike
The history of the Golden Reward mine
is interesting Some men struck the
ore and found it rich in the precious
metal, but it could not be miled on the
ground on account of popularity in
the retaining quartz. 1t was necessary
to send it to Omaha before the gold
could be extracted. The cost ate up the
profit. About five years ago We went
up there, looked the ground over and
bought the mine. For whole year we
trying to find some means
to get the gold out of the quartz. We
built mill and finally succeeded in
solving the problem. Since then the
yield has been heavy. There is more
gold about Deadwood than there is in
South Africa. More has been taken out
there than from any other place of the
same size on the globe"