Gilpin observer., 1900-06-28
NEWS AND NOTES.

The Gold Mining Investment com
pany received a carload of machinery at
the depot in this city last Saturday.
The Hampton lode, in Lake district,
has been leased to c. w. Pollard. The
property is owned by Major Hal Sayr of
Boulder.
Drake Bros. have leased their Wash
ington extension lode to party of Ital-
ians. The smelling iron gives returns
from $40 to S75 per ton.
The Omnibus Gold Mining company
has filed certificate of fully paid up
stock, which is placed at 81 ,125,OOO The
company own and will operate mines in
Phoenix district, Gilpin county.
Michael Harrington, having completed
lift of 50 feet in the main shaft of the
Ridgewood company's Rialto mine, will
extend levels east and west from the
bottom of the shaft, which is 900 feet in
depth.
The West Calhoun at the head of
Leavenworth gulch, Russell district, is
being worked by Mcleod & Co. of this
city. At a depth OF $50 feet they are
taking out stamp mill and smelling ore.
Among other miniag men visiting Cen
trail from Vermillion district was Mr..
Sholtz, of the Sholtz Wonder mine. He
is getting that property in good shape
and is opening up ore of good grade.
Chris johnson, of the North lode, Yer
million district, was in Saturday morn
ing to get his returns from ore treated
at the Gilpin stamp mill in Black Hawk
Chris has shaft down on this property
to depth of 115 feet, and is taking out
ore from depth of 90 feet which mills
% ounces gold per cord, the mill con-
centrates netting him SlS per ton. The
last lot run over 3 ounces gold per cord.
John Livezey, of Denver, who is inter
ested with Robert l.. Martin and others
in the Banta- Hill Mines company, ar
rived last Friday evening, lie spent
Saturday in an examination of the vari-
GUS properties owned by that company,
several Of which are undergoing develop
ment work. This portion of Russell and
Pleasant Valley districts will soon be
one OF the busiest localities in Gilpin
county.
While in this city last Monday Henry
Bolthof of Denver, let contract to sink
an additional 80 feet in the new shaft,
which has been sunk on his Mechanics
lode on Gunnell hill. This will give it a
depth of 100 feet. He has about three
cord lot Of ore on the dump which was
shipped this week to the Iron City stamp
mill in Black Hawk for treatment The
mill is of the rapid drop pattern.
Idaho Springs Gazette: Charles M.
Taylor, who has been prospecting for
several years around Ute creek with an
artesian well drill, has at last had his
efforts rewarded by sinking between four
and five feet of mineralized quartz which
mllruns between $40 and $50 per ton.
Tho ore was encountered at n depth of
about 30 feet from the surface. The
values are principally in gold, although
the vein carries some silver and lead.
The property ia named the Ute Creek
mine. Mr.. Taylor in sinking the drIl
,encountered a promising cross lode,
which bids fair to run well in silver and
lead. He intends To commence shipping
as soon as the roads will permit.
The American Smelling and Refining
company made another advance of one
eighth of cent per pound in lead yes
terday, making second advance in two
days. The price for their lead is row
Al cents per pound as against 3al cents
the bottom price of the year.
A New York telegram of June 2j says
that silver gained % OF cent an ounce
that day, closing at Gl9a. Monday it
was COL. Within week there has been
clear gain of n cent an ounce. The
sudden rise Tuesday was caused by the
demand from Oriental countries which
had a tonic effect on the metal market
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