Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-04-05
| GOLD
Mines Ably Discussed
By An Expert.
SOME INTERESTING FACTS AND
FIGURES succiNcrLY
ADDucED.
COLORADO RESOURCE
anArmcALLr AND FULLY DE-
sonipED.
--------
Cost OF Mluins, Output of Ore and
the General Profit OF
the Mines.
COLORADO RESOURCE
GRAPHICALLY AND FULLY DE-
soniBED.


Mr.. L Van Baalen Of Denver Col.
was met yesteniay by a representative
OF the Gazette and kindly gave the
following facts concerning which the
general public Is unaware:
Mr.. Van Baalen said; with the
present tendency OF prices to gradually
decline and the strong competition .
various lines OF manufacture and trade.
nothing presents q more attractive
feid Tor the investment Of capital at
the present than gold mining in Coll
orado
at is true there are other gold fields
than those OF Colorado, but nowhere Is
there a locality as favorable for the
economical production OF the precious
metal from the vast beds OF ore known
TO exist in the Centennial State. This
applies both TO the operation of mines
and the art of extracting the gold
from the ore.
"The reason for this can be found
In the fact that mining is not a new
industry In that state. and long expe-
rience has produced u class of miners
that are both Intelligent and proficient
In their occupation, aud are able to
accomplish more with the same effort
than inexperienced men.
THE great strides that inventive
genius has made In mining machinery
pump, hoists and rock drills, both by
hydraulic and electric, in the past de-
cade has been an important factor In
the reduced cost OF mining.
But 1t Is in the smelling and re-
duction OF ore that the vast improve
ments have been made. The large
smelters at Denver, Pueblo and Lead
Vile, have year by year reduced their
charges for treatment, until today they
ARE less than half Of ten years ago.
This Is due to Improvement in the art
which Increase tue production while
reducing the cost.
THE stamp mills that treat the free
milling ores are usually owned by the
mining companies who build them on
their premises. this process has been
also greatly improved by Inventions
that Increase the production, effect a
greater saving of gold and cheaper
the cost OF operating.
''rhe railroads have also aided In the
general reduction OF cost by lowering
their freight tariffs on ores to such an
extent that many low grade prospec-
tors that could not reach the smelters
ten yearp ago except at a loss, are now
shipping at a pront.
1.-THE railroads are vitality interested
in fostering the mining Industry, such
a policy tending TO build profitable
mines along their routes.
The new cyanide and chlorinatfon
process when used on ores adapted to
such treatment, are effeoting a revo-
luton In that line. saving large per-
centage OF gold at a low cost.
1.-THE comparative cheapnefs OF such
plants give them great advantage over
the huge smelters. some OF which rem
resent investments of several millions
OF dollars each. Mines whose ores are
adapted To these prcsesses can afford
TO erect such plants on their premises,
thereby saving freight--a large pro-
nOHfi0n nj TIA Of
In Colorado today many mines are
making up. overhauling their dumps
containing thousands Of tons OF ore OF
too low grade to ship In former years,
and are receiving q profit from them.
with the steadily decreasing cost
or production, the price of gold today
Is the same as II was 25 years ago.
viz--s2o.6i per ounce. No trouble to
ilnd market or cash buyer. no |
fear Of oyer-production nor compete |
ton, In fact competitors are welcomed. |
MS It frequently happens that the dis |
covery OF one mine tends to enhance |
the valne OF its neighhors.
The bulk OF Colorado mines can be |
classed as large bodies OF low grade |
ores, though there are some exception |
ally rich mines In the state. There |
never was more favorable time than |
the present for tho WORRYING of these
vast bodies. nor so much encourage
ment for success.
Mining for gold IL n legitimate
business, and the individual or com
pany who conducts Il on business
basis and does not expect miracles. Is
as likely to be successful in this as
any other occupation
colorado has. unlike Mexico or
Aiaskn, the ADVANTAGES of perfect 1
climate good laws. n civilized commu
NIFTY, Intelligent labor and exceptional
facilities for the treatment, handling
and transportation of the product OF 1