Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-02-20
NEWS FROM BLAND.
Rich Mines Rapidly Developing
Great Sums Of Money to BE spent
ON Good Properties.

Special Correspondence of New Mexican.
Bland, N. NJ, Feb. 19.-The Cochit
mining district seems about to ente
upon fresh and enduring era of pros
perity. The long talked of deal of thu
Albemarle group of free milling golt
mines in Cola canon has mater iallzed il
such satisfactory way as to give de
cided impulse to the entire camp and nc
we'll informed person doubts that it viii
prove the much needed entering wedge
that will quickly result in opening wide
to the world the golden treasure vaults Of
this phenomenal mineral district.
After months of patient and exhaus-
tive investigation, S. P. Mahan, an ex.
perienced man of California, recently
bonded for Howell Hines, of Cleveland
the Albemarle, Huron, Pamlico and Erie
mines, known as the Albemarle group.
the bond calling for the snug sum OF
100000 at the expiration of six months
from the first of March and the expendi-
ture of $25,00O in development work,
machinery, buildings and roads during
the life of the important instrument.
AS an earnest of good faith Mr.. Mahan
has already let four contracts for sinking
and drifting on the mammoth Albemarle
ledge and also has several men prospect.
ing the ledge on the other three claims.
Already he has fourteen men at work and
expects to increase the number as fast as
ground can be opened to work them to
advantage.
1t is also ascertained that he contem-
plates building good wagon road from
the mine at an early day, but whether it
will be built down the main Cola canon
to Allerton or over to Bland direct is still
undetermined so far as your correspond
ent knows. II is certain, however, that
the building of the road will not be de-
ferred, as it will soon be needed to enable
the hauling in of the steam holster and
other machinery required for the de-
velopment Of the property.
The Albemarle group is owned by
Thomas H. .Lowthian, Norman Bletcher,
Henry Wood and others, and persons who
are capable of judging are confident that
development work will easily make it a
$1,0OO,OOO proposition. No doubt is en-.
tertained that the bond is equivalent to a
sale.
The main ledge in the Little Mollie
mine, owned by E. A. Wilson, T. F. Abbott
George Marsh and Miss Laura B. March,
was struck this evening at the end of a
tunnel driven l18 feet from the bottom OF
the gulch into the steep hill side and thus
taps the ore body over 100 feet from the
apex of the ledge.
OF course 1t will be impossible to deter
mine the value of the ore body encoun-
tered in this tunnel until the ledge is
cross.cut and the mineral tested; but the
undisturbed condition of the formation,
the toughness and perfection OF the foot.
wall, the amoothness and solidity of the
ledge, the lively appearance of the quartz
and the blood-red color of the gouge
matter clinging to the foot.wall inspire
the owners with confidence that they will
soon be able to ship in carload lots at a
profit.
II may be added, by way of explanation
that the ledge just encountered in the
Little Mollie measures nearly nine feet
across in the workings above, the ore is
free milling and runs from $40 to $112 in
gold.
The Warrington, Lone Star and Grown
Point mines are all taking ont ore for the
market and also opening up much new
ground. The Lone Star is shipping about
4 carload Of $50 ore per week and the
Washington resumed shipping this week.