The sun., 1899-05-28
MINING NEWS.

three foot ledge Of quartz with black iron
alive with free gold has been discovered six
miles east OF Bisbee. Ariz. The assays
range from $12 to $500 to the ton.
The manager OF the Boston and British Co.
lumba reports that he has contracted for the
erection Of a smelter and reduction works OF
500 tons daily capacity. which will be capable
Of handling the ore Of all the mines in the Rev
elstoke district. as well as treating their own
product
Cripple Creek advices note that the Lucky
Gus which is now controlled by an English
company. has ore showing rusty gold in the
entire bottom of its shaft which Is only down
ten feet
Col o. l.. Glover. mining engineer Of this
city, writes from San Salvador that the San
Bartolo is proving a second Potosi. The super
intcndent is making good progress in all the
workings all the necessary buildings have
been erected. and the mine is looking we'll
Col. Glover attaches great importance to the
recent discovery OF old Spanish workings in
one or two OF the drifts.
Ward. Col. reports great activity throughout
the district. and large amounts Of Eastern
capital King investment. The old Nj Wot
which has producing record of Sl.50O.OOO. is
again being successfully worked. The ore is a
peacock iron sulphide, which yields $50 per
ton in gold. silver and copper.
been y s%ippsd ri TSm ths hishsndb E BOY s%ei,er
at at t@SA" INV n" RS s%'SH Win 5e
made every week during the season.
is announced in another column that the
Galena- Empire Zinc Company Is about TO be
Incorporated under the laws of New Jersey to
acquire the les in $40 acres Of mineral lands in
port that over 800 acres Of the property are
already deveopsd and there fI are @ shSfts T.;
in WIN 9 Rs gves al an
| pacty Of from $4,000 to 1000 per month
from royalties. Coley e.. bankers OF New
| financed several important zinc corporations
In the Joplin district. are the promoters pro- of the
| i per cent. cumulative preferred stock at par
,s25 per share; with M "a bonus Of p an equal num-
IdVses " from Cripple Creek note that an Eng
| lish company is to take over the Elk ton, paying
| S2,OOOOOO therefor The Independence. which
was recently sold to London company for
| $lO.OOn,0OO. is outputtng at the rate OF SlO.-
Manager ina IIerrick Of the Iron Mask. Rossland.
| reports that the amount OF ore above he $50
| level Is valued at SGOO.OOO. less than $4,000
Of which is in the ground in dispute with the
< wonderful gold strike is reported in the
| southern hills. nine miles southwest oi custer.
| S. ID. The vein is IA inches wide and has been
stripped Tor so feet Among the wild rumors
alloat concerning the discovery are stories q
| nuggets as big as hickory nuts and rocks with
| stringers of solid gold returning $l5O.OOO to
| Rossiand reports tha, the Copper King in the
| Lardeuu district has been bonded for S5O.UOO.
A strong. weIl-defned ledge runs through the
entire group, average assays OF which range
| from % to 80 per cent. copper Work has
been resumed on the White Bear. th, inten-
tion being TO continnee the, shalt, which is
| J. II. Cunning, Vice President and >upcrin-
| tendcut OF the Munina- Alas ka COMPANY. writes
| from Homer. Alaska. that he has located the
| whole Of Cohen Island. Cook Inlet, which is
covered with small veins of copprr ns-aying
from II to 20 per cent The island is one and
| a half miles wide and three ana a quarter miles
| long, is easy Of access and has good harhorH."
| Tie superintendent Of the Sea Level m'nc-
| southeastern Alaska reports that forty feet
| from the main shaft rich ore chute shows on
the surface, TunneIling is proceeding al, a
| depth of tiftv-nne ieet. and II is believed the
main ore body will soon be reached.
| Reports from Taos. \. NJ. state that the
| Frazer copper mines have been bought 10y a
New York syndicate. who intend to inauguratt
active development work. The ore in sight it
estimated at 23So.OOO tons. OF an average
value of $lS per ton.
During the year 1898 the mineral pro iuct o
Idaho was: Gold $2.l25,Sl3: silver. 81, lO3
32l lead. S4.5Ul 1921 total Sl3, 3,72i i.SS1, Com
pared with 1857 The gold product showed de
crease OF S22 ,,IbI. and silver decrease 1"
S3Oi. 7SO while the output oi lead Increased b.
S&i7.34O