Gilpin observer., 1899-03-02

The Mining and Scientific Press says
that the Payne mine, at Sandon, B. c.,
silver-lead property, paid its owners in
net profits during 1898, the sum OF ST.
100000
The work of sinking the shaft on the
High Grade mine on Gunnell Hill, is
progressing very satisfactorily under the
superintendence of Dan p. Lynch of
Black Hawk.
During the week ending Feb "a, 1899,
zinc ore sold at Joplin, Mo-, for s48 per
ton, the highest price ever reached, be-
ing an advance of 50 per ton in week
and SIG in month.
The vein in the Big Casino lode mining
claim, Lake district, at depth of 100
feet gives a fine showing. The owners
of the property are talking up the plac-
ing of plant of machinery on this shaft.
Peter Peterson, of Gilpid, has sold to
E. l.. Alexander, of Texas who is also
Interested in Petersons lake south Of
Eldorado, an one-quarter interest in a
placer claim OF eighty acres in Jenny
gulch, in Kansas district.
Uncle George Bennetts has the main
shaft on the Golden Treasure mine in
readiness to have an additional 100 feet
sunk in the main shaft, which has been
Strengthened and retimbered. A scarcity
of coal for fuel has prevented its being
sunk.
Robert Haselwood and son, when the
weather will permit them, are taking out
ore from the Nimrod mine on the summit
of Quartz hill, south of the Alps vein.
When Bob gets busted he is always sure
of a good grubstake when he tackles the
Nimrod.
j.. ]. Reilley has let contract to sink
1G0 feet on the Delaware lode for the
Pennsylvania Central Gold Mining COM
pany, of which he is the manager. When
completed the shaft will have attained a
depth of $50 feet. Manager Reilley since
taking hold Of the property has put it in
good shape for deeper development
work.
The st. Louis Justice mine in Lake
district is now worked by Mr.. Cole of
Chicago, under lease and bond. The
smelling ore varies in values from $50 TO
S63.50 per ton, and the stamp mill ore
| gives by amalgamation from 3 to A ozs,
gold per cord. Tho ore is taken from the
-, .e L., II l.,
fair sized body of ore.
At the annual meeting of the Vindi-
Gator Gold Mining company held in Den
yer recently, the following officers were
elected: President. f. L. Sigel; vice
president, G.. S. Wood; secretary and
treasurer, Adolph j. Zang. These gen
tlemen comprise the board of directors.
Outside of the election of officers little
business of Importance was transacted.
Frank Mueller, of the Mueller Com
mission company, in the Mayflower, Rus
sell district, has opened fine streak OF
high grade smelling ore in the west So
foot level, which, in addition to the gold
values, carries a high percentage of cop
per. Frank very naturally feels elated
over the find. The MayHower is situated
north of the Topeka and Leavenworth
veins.
The international Investment compa-
ny has been organized at Colorado
Springs to handle mining properties,
stocks and securities of the Cripple
Creek section. 1t has for president NJ.
de Putron Gliddon; vice president, Earl
b. Coe of the Denver Times; secretary
and treasurer, DIR. Jean |. MacKay Hid
don. They have Offices at l., and Q be
Graft block, Colorado Springs.
A Caribou correspondent OF the Boul-
der Representative says: M. w. Jelinkes
Stewart 4 Co. are meeting with good
success on the Juliet lode. They
are running tunnel to cut and
drain their vcin which is 90 inches wide
on the surface and averages s2s.0O in
gold per ton. They have cut three feed
ers during the last ten days which look
we'll and which are undoubtedly close tc
the vein.
Elk Lieutenant Governor Peter w.
Breene OF Leadville, who was in Denver
last Sunday, says that the Col. Sellers
mine at Kokomo, which mine he is oper-
ating. says that wall OF snow separates
Kokomo from the rest of the state. He
says it is impossible to ship ore, as the
only means OF egress from the camp is
on snow shoes. He believes the residents
OF the camp should have speedy relief, il
they are saved from starvation.
The Idaho Springs Gazette states that
the Hudson mine in Virginia canon is To
be started up, and that a new shaft