Gilpin observer., 1899-08-24
REVIVAL IN MINING.
All Indications Point to an Era of Great
Activity

ACTIVITY.
Says the Denver Republicans:
There have come in the history of
mining in Colorado few seasons with
more promise of activity in all lines
than that ushered in by the closing of
the strike of the smelter employees. In
every department of the industry there
is stir and hustle that means much
for the future and assures that, with
the end of the dog days, there will set
in an era of prosperity greater than
any state has known since the panic.
a prominent feature of the coming
revival will be the demand from the
East from across the Atlantic for
Colorado mines. There was never a
time when the interest was stronger
nor when so much quiet searching for
producing mines was under way.
Scarcely leading mine of the state,
on which an option of some kind has
not been given, can be recalled. and If
half the deals now on are completed
there will come an enormous influx of
outside money into Colorado mines be-
fore the end of the year
Cripple Creek may have set the fash
ion in this through the sale of the In
dependence and other big ones in Lon
don, but the interest in Colorado mines
Is in no sense confined to the big gold
camp. The San Juan has received n
large share of attention. and one well
Informed mining man stated during the
week that there was not in San Juan
county n producer of high rank on
which some deal was not in progress.
Leadville has not been overlooked.
and some of those which have long
been the pride of the Carbonate camp
may change ownership any day, while
the number of new propositions in that
camp that are now under consideration
in the East is greater than for MANY
years past.
Boulder county is sharing in the
awakening and receiving the notice of
capital for which it has long striven,
and the old districts that dropped out
of sight many years ago, because the
things necessary to make their ores
profitable were then lacking. are men-
toned daily in connection with new
enterprises and sales calculated to in
fuse new life and bring them under
production.
This reviving of old districts is best
to be accomplished by the building of
mills, and in this work the machinery
men see an opening for their commo-
dities. Offices of dealers in mills and
owners of processes are besieged daily
with mining men on the hunt for esti-
mates, and business is good in these
lines. Possible contracts are closely
guarded from competitors and it
would be unfair to call the roll but the
number of plants to be built in the
state before the end of the year is
larger than any previous year, since
the milling era of twenty years ago ran
its course.
From all the camps come the same
Of inn nI ,,,,t,.
gested ore bins. The smelter mana
gers foresec that for the remainder of
the year there will he Il rush of ore
that will tax the smelling capacity of
the plants. and ii is freely predicted
that the yield of the mines will be
many millions in excess of that of 1898.
in spite Of all the drawbacks of the
heavy snow and smelter tie-up of this
year.
y distinct feature of the situation Is
the promptness with which the merits
of new camps are Investigated. as welt
as the careful consideration of former
producers in old ones. Promoters and
brokers in prospect properties are on
the watch for good propositions wher-
ever they may he, and the time is ripe
for the prospector to secure hearing
on anything he may have. The condi-
tons means much. 1t shows strong
demand and one which the two months
of suspension in the actual work of
mining has not seriously damaged
The best fruits of this demand are
not to be harvested before October,
probably, but there are deals to be
closed next month that will prove all
that has been said-that II great season
for mining activity lies ahead.