Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1896-06-25
INVESTS IN MINES.
terested in the San Juan Com
pany's Properties.

After visit to the gold fields of Col.
After visit to the gold fields of Col
orado and careful inspection of the
territory, ex-Congressman Peter j.
Somers has become financially interest.
ed in the properties of the San Juan
Gold Mining company of Milwaukee.
which are located at Saw Pit, in the
state. And also as a result OF his visit
and reports. other prominent Milwau.
keeans will become interested with Mr..
Somers, who this afternoon informed
]. o. Buckley of his decision to invest.
Mr. Somers was seen during the day
and asked as to what he thought of the
Milwaukee interests at Saw Pit.
Among other things he said:
II would like to have 1t understood
that | am not, and never have been,
friends of mine to invest in Colorado
gold mines or elsewhere simply upon
what might say in an interview with.
out at least coming to talk with me
first. The truth is, however, that the
Saw Pit properties have never been rep
resented by Mr.. Buckley and others as
being half as great and promising as
! am now convinced they are. AS a
result of my visit there have become
interested with Mr.. Keller, the Buckley
brothers and other gentlemen, in the
wonderful mines l visited am con-
WINGED that the San Juan country Is the
greatest gold field today in Colorado,
and that, Of course means in the world.
The property held by the Milwaukee
company was selected by Richard Kel.
Ter. formerly of Wisconsin, and today
regarded as the best mining assayist
and expert in that section, a man who
has had extended personal experience
in that line of business and whose
assays are taken by shippers and the
shelters as being so accurate that every
carload of ore, passed by him. is
promptly paid for upon delivery at the
shelters at the actual value shown by
his report. In this way, the mining
companies received pay for every car.
load of ore the very day it reached tho
smelter, if they so desire. The Little
Annie is the most productive now, OF
the Milwaukee eompanys properties,
and it is in active operation. Three
shifts of men are employed in this
mine and there is tunnel in il ex-
tending over 200 feet into the mountain.
The large blanket vein which runs for
many miles through this section will
shortly be reached and the very richest
of ore taken out, as the blanket vein,
which is only found in this section and
at Leadville, has thus far proven to be
the richest kind OF ore.
THE ore thus far taken out runs in
value from $500 to $1100 q carload and
lots Of 1t is being mined by the Mil
waukee company, Certainly the half
has never yet been claimed for this
section and for the property In which
Milwaukeeans are interested was
greatly surprised at the evidences r
found Of the extent and richness OF the
ere that is being taken out by this
company, as well as in the entire Saw
Pit country, The district is about
twenty years old as an ore field but
owing to the fact that until the recent
construction of a railroad through the
section the original owners were COM
PEELED to pack their rich finds for a
distance Of 200 miles on mules, they
we're finally compelled to give It up and
thereby forfeited all interest In the
richest gold district in the world"
The Milwaukee company is now
thoroughly organized and is disposing
OF the last portion Of It's shares. Even
ing Wisconsin.