El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-01-05
MINING NEWS.
New Mexico and Denver Mint Turn Gu
for 1896.

for 1896.
The Mountain Key mine is shortly
to change hands Colorado parties are
mentioned as the intended purchasers
and tits said if the sale is effected an
extensive pumping plant will be i'm
mediately erected, and the mine drain
ed and worked extensively.
The ElnOra mill is completed and
will shortly add TO thu bullion produ
of Grant county. John T. Jeffords
has the contract to supply the mill
with wood, and he will commence
cutting Immediately, having already
engaged choppers.
TIE following amount of bullion was
operated on at the d -nver mint during
1895: Gold. S4,2lS, SOL: silver, S27, 373
was 4, 2SO, 226. The trtal furnished by
Colorado last year is So, 93S, 800, an in
crease of S54, 35S over the previous
year.
A company has been organized in
Glasgow, Scotland, under the name of
the Meldrum Tunnel and Mining
Syndicate, TO run a tunnel -, 400 feet
in length from near IrontOn to the
Telluride side of the mountain in
Colorado. The cost is estimated at
s., 600, 600.
At the Centennial-Eureka, Tintic,
Utah, which has paid over 100000
in dividends, they are working loo
feet below the level OF the surface and
hosting from that point ores that show
from one to three ounces gold in addi-
tiOn to silver that frequently runs over
100 ounces.
The Gold Creek Mining Company,
north of EikO. New, is engaged in d
very large gravel enterprise. They
have 5000 acres of land aud claim that
a large part of it will yield 60 cents per
cubic yard. From the large reservoirs
they are building there will be fall 10
central ditch sufficient for 1000 II. ?.
From Congress comes the news that
about 400 men are on the compaDy's pay
roll; the cyanide plant is approaching
completion: the rooster has capacity
of 100 tons per day: the building which
covers ii is 1lOXI0 feet: talk is that a
mill of eighty stamps capacity will soon
be put in, in addition to the forty
stamps now in operation.
FIR. Nellis of Williams, Ariz., has
bonded thirteen of his Canon copper
mines for Sl3, 900 to strong financial
company of Boston. This com pany will
at once expend a large sum of money
in the development of these properties.
which means much to this section and
10 all probability marks a new business
epoch in Coconino county.
From information received from
officers of the mint service and other
agents employed to collect statistics of
the production of gold and silver mines
of the United States during 1896, the
director OF the mint estimates: Gold.
S51, 800. 600: increase over 1895, So, 00O,-
900; silver, $1,000, 900 TO $4,000, 900
ounces, a decrease of 2, 5O00 900 10 3,000, =
900 ounces.
Negotiations have been pending for
some time past by a syndicate of
wealthy mining men for transfer of
the valuable JohnsOnFitZ claims in
tearce district and has been culminat-
ed in the formation of the Gold Cliff
Mining company, capitalized for ST.
900, 900 Backed with cash and unlimit-
ed means, this property is destined to
become quite factor in the mining
world and certainly is one OF great
Importance to Pearce and Cochise coun-
~.
More energy is being displayed at
Santa Rita now than for years. About
forty men are regularly employed in
sorting dumps. jigsing and exploring
new ore bodies of copper near the sur
face. The cd TIM vigOr is being
restored and the once famous copper
camp will in all proba bility take on a
new lease of life. The mines from
which the Spanish conquerors reaIiZ d
mill IONS are yet TO be extracted, will IL
the near future resume d record long
forgotten but never entirely lost.
An explosion of fire damp in the
Santa Gertrudes mine, Pachuca, on
Ipa irrh l. 70 boy
the death of four Mexican miners and
one Englishman. Nothing is known
regarding the fate of ten more men.
The news of the catastrophe spread
with lightning rapidity causing the
families of those whe were known to
be at work to rush to the mouth of the
mine where a piteOus sight was pre-
scented. Children and women wept
bitterly for hours and nothing could
console them.
New Mexico's outputof precious me
tails during 1896 exceeded that of 1895
by fully 6 per cent. From conservative
figures for the previous year as basis,
it appears that the territory has pro
duced $2,999, 053 in gold and silver
during the year that just closed.
Figures on the lead and copper output
of the territory for 1896 are not acces-
siblc, but the indications are that they
will much exceed those of 1895, which
was $3.50, 600. The increase noted has
been mainly in the form of gold, and
should be credited chiefly TO Grant and
Sierra counties, in south western New
Mexico: to the Cochiti mining district,
seventy miles south west OF Santa Fe;
to the gold mines of south Santa Fe
to the Eliza beth town, Badly,
La Belle and Amizett gold camps of
COlfaX and Taos counties.
GOLD YIELD IN 1896.
1t is claimed that the output of gold
from the Baker county mines in Ore
gOn, in fact, all along the Pacific coast
from SiualOa, Mexico, to the Yukon
river in Alaska, in nearly every min
ing district the gold yield this year
will show considerable increase over