Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1896-03-23

The following Information concerning
tho Hematite mining district, 10 taken from
the prospectus OF the o. X. gold mining
AMI milling company OF that place, and
Will be OF interest to many who have their
eye on that camp. The gold fields of tails
district are not confined to any one camp,
but cover many quare miles:
Hsmatite 10 located In the West Moreno
valley mining district, In Colfax county,
New Mexico, and lies about three miles up
the gulch from the old and well-known
placer camp OF Ellzabethtown. which had
been worked for over thirty years, and
where, 1t Is estimated, there has been
taken from the bars $500, 900 in gold
While the attention OF the miners
in this locality has been lately turn.
ed more particularly to vein min
Ing, there Is still a-yieid OF from $50, 900 to
500, 900 per annum from these placers. 1t
is eight miles In an air line due west from
Old Badly mountain, on which Is located
the "Astecn mine, which was made famous
by Lucian B. Maxwell, who took there
from In a single week, $21 900. For many
years the locality has been known by old
prospectors to be very rich ip gold and
silver veins, but the title to the land was q
long time In dispute, 1t being on the Max
well land grant. As a consequence pros
pectors were kept of, and any effort to
bring to light the hidden wealth OF this
locality was discouraged. The title has
been lately fully settled and confirmed,
and the country thrown open to- pros
pectors, and as one Of the results,
Hematite camp has sprung into exist
ence. Rich \ veins in its Immediate
Vicinity were discovered In the fall of 1895.
on which there has been known to exist
for years rich placer deposits, has its
source at Hematite. Further, the camp is
located on a divide, upon each side of
which are placer deposits. Rich veins OF
resembling ore have already been discov-
cred in this camp, and there is every rea.
son to believe that, with proper develop
ment, it will become the Cripple Greek Of
New Mexico. f 9
The 80. K.''mine is located on Shuman hill,
on which there are several good properties.
among them the "Gold Bell" which at the
depth Of 157 feet, made a very rich strike.
Development work was begun on the NO.
e." mine o. January 9th 1896, and on Feb
ruary 9th, 1895, at a depth OF fifty-three
feet, it assayed $690.35 per ton, and a mill
run, made at the same time, yielded $22I.40
per ton. These assays were made by j.
Howard Wilson, Of Pueblo, Col. The
pay streak at fifty. mine feet, is eight inches
10 width, having widened from two inches
at the surface. The vein, between walls,
is from three to four feet in width. At a
depth of six feet, in the discovery shaft, a
rich pocket was struck which assayed $32,-
900 per ton.
NOTES.
W. s. Standish telegraphs from Lake
Valley, that he has made a rich strike, and
has sacked eighty six sacks of ore.
M. L. Cooley and W. A. Owens are up
the hot springs canon, to-day, to look
after a gold claim that promises well.
The Matilda mining company has re-
ceived two assays, one from De Forrest, at
Denver, and one from Leadville, on min
eral from their .'Iron King'' property, up
at Hematite. One assay run $16. 40 in gold
and silver, while the other runs $49.7 10,
gold and silver. The stockholders Of the
company are elated, and with cause, over
the bright prospects of this mine.