Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1898-03-19
THE LONE STAR Mine
Property That Has Been Money
Maker from Grass Roots--0re
Averages $40,
VALUABLE ORES ON DUMP
Brief Sketch Of One of Cochitis Great
Wealth Producers-l,700 Feet
Of Development Work Al
ready Done.

The New MEXICAN recently printed a
column article giving the results of the
personal observations of one Of its re-
porters touching the colossal operations
OF the Co~Aiii Gold Mining company in
connection with the rapid and system
attic development Of the Albemarle
gold-bearing ledge, located in Cola
canon, Cochiti gold mining district.
Classifying in Importance with the oper-
ations of the company named may be
mentioned the gratifying fact that the
recent experimental run of the Bland
mill proved to the entire satisfaction OF
Manager Mcpherson and the owners of
the plant, that both the white and yell
low values contained In the Lone Star
and other Cochti mines can be reduced
by the Palatan-Clerici method Of treat
ment at an expense that will make 1t
profitable to mine and treat all the ores
of the district that run as high as 81 in
the precious metals.
The immediate Importance of this dis
closure will be understood by the dis
eliminating reader when it is explained
that two-t thirds of the Lone Star mine was
recently sold to Mr.. H. Mcfarland, a
manufacturer and mining man of ample
means, residing in Chicago, and that in
connection with this transaction Mr..
Mcfarland secured through his friend,
Manager Mcpherson, IS per cent OF the
Bland mill, with view to operating
both the mine and mill as associated
enterprises, wholly independent of any
other operations In the district.
The Lone Star mine has been money
maker from the grass roots, having pro-
duced ore for several years that has
paid handsome profits at the smelters In
Pueblo and Silver City, after deducting
costly transportation charges. This
mine was located by Thomas II. Low
THAN, Chester Greenwood, Henry Woods
and Norman L. Bletcher, on December
81, 1898, and since then has shipped ore
to the smelters that returned about
$75, 900 in gold and silver. The average
value of the ore was about $40 per ton.
In mining and sorting the ore shipped,
fully $1,000 worth of ore that will aver.
age In value SIS, has been accumulated
on the dump and it is probable that fully
as much more quartz that will run $40
per ton is also on the dump.
The Lone Star ledge varies in width
from 20 to 32 feet between defined walls
and in places shows up above the coun-
try formation as conspicuously as the
massfss cathedral ia Santa Fe towtfs
above San Francisco street. It can be
plainly traced through the entire length
of the Lone Star and Free Trade claims,
a distance OF 5000 feet, and can also be
walked over the entire length of the
Iron King ledge, which will ultimately
pay out the bankrupt Union National
bank, of Denver, under the wise receiv-
ership of a New Mexico man named j.
W. Schofield, formerly OF Santa Fe.
Chester Greenwood, one of the origin
al locators of the Lone Star group OF
mines, the Dry Monopole, being merely a
valuable side affair with the company,
retains third interest In the stock of
the company and has been wisely re-
tanned in the position OF manager of the
mine. When approached by the NEW
MEXICAN reporter for some definite In
formation in the premises, Mr.. Green
wood smilingly remarked that he was
not talking for publication, but that he
really believed that most of the facts 81
related to him by the reporter were cor