The San Francisco call., 1897-01-24
Review Of Mines and
Mining IN California.

ments. The Australian gold fields have
not yet reached this point, but the extent
to which Australian mines have been over
capitalized and the extent to which in
vestors have been bitten in them are
among things which make capitalists con-
servative of investment there. The west
ern slope OF North America is not only the
richest and most extensive gold-bearing
region of the world, but 1t is by far the
one having the greatest future possi-
bilities in the way of development, and
while this is true OF the entire Pacific
Coast region it is especially true of Cali
fornia. This truth is recognized by the
best-informed men interested i'll gold
mining the world over, and that it will
result in an increasing flow of capital
thitherward seems self-eyident.
A syndicate of Salt Lake capitalists is
going to make determined effort to sue
cessfully develop and work the rebellious
ores of the Meadow Lake mines. There
will be used a smelling process in which
the fumes from the roasted ore will be
blown through fus extending $50 feet
on a downward incline TO the chimney.
In this passage the fumes are precipitated,
are deposited at different points and
saved.
The suspension bridge across Klamath
River, below Thompson Creek. for sup
porting the pipe being laid to furnish
water for the Nannette B placer mire will
be completed in few days. The water
supply comes from Thompson Creek in a
ditch three miles long, and is then piped
across the river. AS soon as the piped
water is ready to start the giants larger
force of men will be put on in order to
work the ground along the river on an
extensive scale. This claim is under the
control Of DR.. o. H. Simonds, one of the
principal owners.-Yreka Journal.
The development OF the gold resources
of the Pacific Coast north of the United
States boundary seems to have just fairly
begun. Recent expert reports suggest the
probability of rich and extensive quartz
deposits in Alaska awaiting discovery and
development and this year promises the
exhibition of rush of gold-seekers to
Alaska far greater than that of 1895, de-
spite the bad luck, hardships and failures
met by so many men last year. The de.
velopment in British Colum bia is lust a
little ahead of that in Alaska, and British
capital is rapidly accelerating it. The gold
and silver production OF British Colum bia
was $500, 900 in 1895, while in 1896 it rose
according to present estimates, to 81, 340,-
600. and newspaper talk is of SIC, 600, OOO in
1897.
The Denver Weekly News reports a
large number of rich strikes in the Cripple
Creek district since the first of the year.
and rapid increase in the amount and
value of the ore being taken out, with
promise that the gold yield for 1897 will
much exceed that of 1896. During 1896
the Elkton mine produced about $3.50, 900
worth of gold, and its output for 1897 is
fixed in advance at over $1,000 600. In
December the gross output was $100, 600.
A recent shipment of ore from the Fannie
B mine went over $500 ton.
A new mill is to be erected during the
coming summer at the Shredder quartz
mine in Siskiyou County, which is one
OF the most extensive mines in that
county. 1t is now being worked in the
tenth level. 1900 feet below the surface.