Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1896-03-13
Colorado Mines.

The Silver Pick mine, a gold property
of San Miguel County, has netted It's
owner over $4,000 a month for the last
twelve months.
One of the mist important mining
enterprises ever undertaken in Coiora
do is the big San Juan tunnel to tap the
Silver Lake basin district. This tun-
mel will be six miles long and will re-
quire about nine years for its construc-
ton.
1t has lust leaked out that big strike
was made few days ago in the Lone
Star property at the head of Myers
avenue, Cripple Creek. In sinking Il
shaft from thirty-five to seventy feet
fifteen tons of ore were taken out
which will average 500 per ton. The
ore carries both sylyanite and free
gold
The Chicago tunnel, which starts in
Poverty Gulch and runs east under
Globe Hill, Cripple Creek, is pushing
work and is now in a distance Of 1,2OV
feet. This is one of the older tunnels
and has been worked only spasmodl'
cally. 1t now appears that the company
means to drive it forward until some
Of the rich veins in the hill are opened
The recent accident in the Anna Lee
mine has in no way impaired the re
sources of the Portland Company
which has declared it's dividend OF
cents per share, amounting to $6O,OO0
as usual. 1t is only just to the manage
ment of the company to say that every
thing is being done in all the workings
of the company to pre- 'ent any recur
renee of thesad accident which cause(
the loss of so many lives.
A correspondent Of the Denver lie
publican has this to say of the Salld;
gold fields: The sooner the people o
Salida and vicinity realize the fact tina
ten-foot prospect hole Is not MINI
md that systematic development onl.
can be expected to yield returns, tn
hotter off will be the undiscovered
district and the sooner the fact OF II
true worth be established. 1t is I'll
universal opinion Of every surYeye
md ceologist who knows anything q
the formation Of the region that dept
is REQUIRED to achieve the desired re
sult The most practical men are OF a
least discouraged, and these men are
nc ost rs their means at hand will PEI
NIT developing their claims in sy'
tematic manner and are sangulnel
hopeful of the final prosperous outcom
of their efforts.
There is more GRE blocked out IN ID
Smuggler- Union vein than in all ID
other mines of the State combined. !
this great property there are thirty-tW
miles Of drifts, shafts and WINES, an
tbe vein shows more actual value tina
does any other single vein in the Unite
States. It has block of ore opened u
tventy-three levels, shafts and Wln2S
1000 feet long, with an average dept
of 1000 feet long. the width OF u
vein matter or ore between walls hein
from three to five and half feet VIII
the development that has been dol
1000 men could be put at work, al
thev could not exhaust the ore body
fifteen years. The main tunnel is or
1000 feet in length. The ore carrl
gold and silver in about equal value
running from one to three ounces
cold and from $15 to $50 in silver to Il
ron. It is low grade, but with the mi
tram and transportation facilities c
cry bit of it is pay GRE. 1t is capitaliz
Mt S2.5OO.OOO and within the last thir
days it has declared 8 per cent. dl'