The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-06-21
FOUR MINES IN COLORADO.
THEY ARE IN FoUn CAMPS AND
ARE ATTRACTING ATTENTION..

Lsoky naidWtn nuys . RsnanhurG nIihe.
DENVER, June 18.-Four great mines in four
camps Of the State are Mt this time attracting
much attention. These are the Gregory .Bobtail
at Central City. the Tom-Boy at Telluride, the
Yankee Girl at Red Mountain, and the Commo-
doro at Crede. The Gregory.Bobtail. the Oldest
largo gold mine in tho State. has again revealed
. wonderfully rich ore chute. This Is the moro
interesting from the fact that during its thirty.
eight years Of production. amounting TO q total
OF $1,000. 900. IL has never failed to show some
values from work, though in recent years
It has been OF little profit to the manage
ment. Since the revival OF gold mining
In tho State. when Central City came once
moro to the front with a large amount Of new
machinery and now blood, %spasmodic attempts
to restore the Gregory.Bobtail have been made.
Last year a London syndicate had almost closed
a deal for ita purchase, bu, that sale fell through.
Tho Gold Coin Company, which is a new enter
prise backed by New York capital. made quite q
record last year with u group Of twenty claims
In tho Central City district. and. spurred on by
this success. the same company decided to specu.
late with the old Grcgory-B obtail. which for
many years has been indifferently worked BY
leasers on portions OF tho property. A lease and
bond. amounting II is said to $500, OOO. was signed
and the new company started to put tho great
property In shape. For three months, aided by
new and complete machinery, the miles OF under
ground burrows were explored and put into shape
for sensible practical operation, and last woek In
the ninth level q body of ore was encountered
which excels anything heretofore found In the
property. The vein Is twcaty inches wide, q
black flint thickly stroakcd with wlro gold. Tho
wire gold is so strong and heavy that pieces are
found where tho brokcn quartz hangs together
by these gold bands and stringers. The Gold
Coin Company will now explore this new chute
fully and a few weeks will show how great this
strike really Is. All mining men now know that
the Tom-Boy Mt Telluride Is one OF the richest
mines over discovered in the State, and the Lon
don company which last year purchased the prop
erty will get it's original purchase price back in
6ividcnds before the end OF tho present year. A
development tunnel, started early last year to
explore the property at depth. last week camo
upon the ore chute at a depth Of $50 feet below
the lowest workings in the mine. and the assay
tests from the vein thcre opened showed the ore
to be oven richer than at any point along tho
1000 feet Of vein already known. The vein
runs from 8 to IA feet in width and every par
ticlo Of the vein matter Is available for concen-
tration. The company pays handsome dividends
every month.
The Yankee Girl, on Red Mountain, was pur-
chased by George Crawford in 1886 for 1925. 600.
1t was then q rich silver mine. and one car load
that year returned $57. 900. while a number of
other car loads paid from $685. 900 to 1886, 900
each. Over $1,000, 900 in dividends was paid
out when the mine was sold to IN English COM
pany for 81, 500, 900. Then followed some years
of profit, others Of great expense, and when tho
silver slump occurred the mine was closed down.
This week Mr.. Crawford. who has been trying to
start up the mine, succeeded in closing q deal
whereby some Eastern capital will be put into
the property, and II is to be Immediately re-
money will DO available to fully equip and on.
.,,,. 81. ui,. r,,u a., go, ii, T.. -.
thoroughly explored.
Commodore hs. for months been shipping
aneaVy tonnage OF rich silver ores bearing some
ton have been ouleted. by reason of an amicabls
.,,,,.,,.n, ,,,,h ~. ,w..hrs, oauaamn s..s
seu .emen. m,, d., the =; nm .nn company over
onn ~ n,"aa ma sne o.R, 1 ', 'e tha r r.as Inc ,n m
tunnel. which is to run five miles under Bache.
lor Mountain and reach the vein at great depth.
The recent strike of rich ore in the Mollie Glib
son at Aspen has been hedgcd about with SO
nuch secrecy 'hat ~ Is aimcuit 10 Know Just
what 70 oeiieve ABOUT II. The men employed at
the mine are buying up stock in the company as
fast as they can raise the money md none nj
them At this time cares IN disnose ~ bis hold,
ines. They are banking heavily unon the fntur,
= ine " n no"'ny upon INC iu'ure
development OF this Strike. The market quota
tons took quite an upward jump recently. but
aauoed back again and ranains down In an,to -,
the reports OF the new strike.
The water flow in tho Cripple Creek district
in the big mines IA now renorted IN bo subsidtng
:"
For mohths the dig mines mad TO hight the hoods
that rushed into the shafts and immense pump
ing plants were installed. Now these numns ar,
moi wnrLin~ n q nnmrh az yben ~, ptnataiiaI
Tbe vorions tnnneis sb q ~a aTeat lrs AZ lhSistiHa
volume of water. Inc Elkton Companv held IN
annual neetinS last Went and resinctnSS ni ~ ~
from ore during The YEAR of S5aa bSi. ddjvjdends
and iEe anna anna tns nn bppna Gov mrT1 Soob.Snn
To fhe smnnpt ~ Sio1 ala and thara IL sIng
us in the treasury The annual report show,
n great ore reserve vet remaininr untonched
For The mast three months UaSrx al ~ 49,
an Afro. American. bas been wortin1 on somt
ciaj,ns IN the hfiis he, So S SnS ~ S ~
oa9o Sreek' in the iSabo Snrinns disftrict TbI.
week he onened IN a fonr.fnsi vein Mar ~
surface which shows streeka ri free n,id 81 M
nrisin9 richness Inon tn" a rcns,b 81 ibis ~
covery he has had an offer Of ia 1on cssb Sor :
one.half Interest in his hoidinSs. which hss
nropntiv refnsed -" N'"s' ""''" LIZ
pTThs co,d and hack ward snr,no and ho.r,
upow fall have retarded onentnr onerstinns n
tbc timher limo can,na fulv six xaaEa and ~,