Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1898-01-15
The Victor Group Bonded.

The enterprising and trustworthy
Bland Herald announces that the Victor
group of mines in Cola canon has been
taken under lease and bond by Henry
Posey, a brother of O. p. Posey, who is
at the head of the company operating the
Albemarle and other mines of the dis
trict. for the sum of 100000 and term
of six months. dating from January /,
this year.
Little doubt is entertained that this
will result in a complete sale of the Vic.
tor, as that property is on the southern
continuation of the enormous and valu-
able Albemarle vein. now being backed
and worked by one of the strongest OF
the strong companies operating in mines
in the country. Mr.. Posey who has
leased and bonded the Victor and those
associated with him. form an entirely
separate concern than that interested in
the development of the Albcmarle group.
The property leased and bonded to
this new capitalists consists of the Victor
and Barney mines, two leading claims
of the original Victor group. the other
two being the Criterion and Bert which
lie parallel to the first two named and
possess considerable value, though not
included in the recent transaction. The
original Victor group was initially To-
Gated by Charles H. Stevenson, one of
the owners and at present passenger
conductor Oh the A.. T. & s. f. railroad.
The other owners are Charles Oder,
James A. Carlisle, f. w. Schuckhart, j.
H. Shuckhart and i. c. Pittenger, all
of whom are employed by the Santa
Fe" with the exception of Mr.. Pittengcr,
who is at present the manager of the
Duncan opera house at Las Vegas.
The Victor is situated south of and on
the same valuable vein of gold bearing
quartz as the famous Albemarle mines
1t possesses vein IA feet in width at a
depth of 65 feet, which is the present
depth of the shaft sunk on the property
and from assays and tests that have been
made on the ore, if anything it has an
average value considerably exceeding
that of the Albemarle. The total
amount of work done up to date is over
200 feet in shafts and cuts on the two
properties.
Bland Mill viii Soon be Started.
There is every assurance that the
Bland Milling company's large, well
equipped and complete plant will begin
operations by the latter part OF next
week. The electro-lyting dynamo
which the company has seen necessary
to have expressly constructed far it,
use in the improved process of ore treat
ment, is expected to arrive today, whel
it will be Immediately put in place
Beside the dynamo mentioned is al
agitator that will arrive about the same
time, says the Herald.
The starting of the mill will presagt
the resumption Of work on the Lone
Star mine, which had been temporarily
suspended awaiting the completion O.
mill At present the Lone Star posses
ses some 1000 tons of ore on the dunn
that will all mill, but regardless of this
large supply on hand force will be pn
to work producing the rich ore from the
| enormous vein as soon as the mill re
sumes operations and continue Steadil!
thereafter.
Other Cheering COchiti Notes.
| The Crown Point, recently leased anC
bonded by o. p. Posey, has begun worl
with a small force pending the return o
the gentleman mentioned, when exten
s'lo opoi"V''''' "',' w
The wagon road from 'the AlpemaI,e IL
down Cola canon ana around py th
Little Mollie mine to the crossing OF I'M
Washington road, Is Completed report
the Herald. 1t is lne piece OF worl
and is very credltable to those VINO nav
had charge OF It's constfuctloh' Man
of the gang that has been at work on