Amador ledger., 1901-12-20
NEWS FROM THE MINES
Work Being Done at the
Del Monte.
Outlook Encouraging at the South
Eureka.-Five Stamps Dropping
at the Amador-P Phoenix.


quartz mine, near Oleta, has been sus-
pended for a while, for what reason we
are unable to say. According to all ac-
counts the rock prospected well, Civ
ing an average assay value of $40 per
ton. The ledge is from IS inches to
two feet wide, and the depth attained
is less than 100 feet. Operations will
no doubt be resumed ere long.
SOUTH EUREKA. Superintendent
Parks informs us that the outlook for
this mine is more encouraging than at
any time in its history. Assessments
have been discontinued for about
year, and au Indebtedness of $4,000
has been paid off by the net proceeds
of the mine. The mine is opened up
to the depth of 1000 feet, and large ore
bodies exist in all levels The rock.
however, is mostly low grade-too low
to admit of milling alone. Exploration
has been pushed with view of discov-
ering some ore of higher grade, which,
mixed with the low grade, would leave
margin of profit. This hope is likely
to be realized, and as soon as the pros
pect justifies, the company will con-
slider the question of providing larger
and up-to-date mill.
KENNEDY.-This big property moves
along in its accustomed gait, with the
prospect of at least doubling it's milling
capacity next spring. The manage
ment is debating the question whether
to erect 40 or 60 stamp mill at the
east shaft. 1t is also contemplated to
put in power drills. The Gwin and
Oneida have found this method of
drilling considerably more economical
than hand labor. With the addition
to the mill the mine will give employ
ment to from so to Is more men at
least.
AMADOR-PHOENIX stamps of
the mill were started Monday morning,
running on rock from the dump. The
appearance of the plates, we are told.
indicate paying value, and fully up
to expectations, considering the mixed
character of the ore that is being
worked.
PEERLESS.-Thism mine has been dis
mantled, the machinery taken out of
the shaft, and work abandoned. We
are informed that it is the intention to
prospect the property at another point.
DEL MoNTE.-The monthly report
says that during the month of Novem-
ber work was advanced upon the new
crosscut tunnel distance of rs feet:
east drift on old tunnel level advanced
about thirty feet, at which distance
the ledge reappeared upon the face of
the drift, and rapidly widened out to
three feet of ledge matter including
quartz, filling and gouge, all we'll min
eralized and showing good values upon
prospecting. Every indication leads
the management to believe that the
ledge is approaching it's intersection
with another vein traceable by surface
groupings, which intersection will un-
doubtedly develop an excellent body of
good milling ore. The appearance of
the ledge is so gratifying that it has
been decided to prosecute work dill
gently upon the east drift, drive a |
raise, and crosscut the foot wall to
prospect the country beyond. The
superintendent reports the appearance
of the ledge now to be better than any
thing yet encountered east of the shaft.
1t was also decided at the meeting of
the board of directors held Dec. 6, that
negotiations be made for the immedi-
ate purchase of a compressor and drills
for the work on the crosscut tunnel;
that contract be let for cutting 100
cords of wood for milling purposes, and
arrangements made for increasing the
force of men on January 1st. The
secretary, who is still at work in the
east, reports over 5000 shares sold since
Nov. 1, with excellent prospects of in
creasing this amount by 10000 before
spring, which will enable the directors
to remove the stock from the market.