The Marble times and Crystal silver lance., 1901-05-31

consequence are feeling rather sore.
Vulcan Times: c. w. Darrow, the
receiver of the Dale Gold Mining Co.,
met the representatives of the creditors
of the company in Gunnison this week
terms for settlement. Mr.. Darrow
made proposition to pay the claims
Off at 65 cents on the dollar, which was
accepted by the attorney for the credit
ors, and we understand that the settle
ment will be completed next week on
that basis.
W. A. Paget has made the Dale Co.
a proposition to lease their mill which
will doubtless be accepted. Mr.. Paget
will do custom work, and it will be a
great benefit to those having claims
on Willow creek and elsewhere, as
they can get test run made without
having to ship the ore, and thus save
great portion of the expense. 1t will
also enable few properties there
which can produce small quantity OF
medium grade ore, to partly pay the
expense of further development, which
will mean much to the camp.
Gunnison Republican, Frank Began
came in Wednesday from Crawford,
Delta county, where he has been at
work on the Arch ditch. He has fin
ished his contract and the ditch is fin
ished. Mr.. Began will probably re-
main here for the present.
The Copper Queen Group Mining
company filed articles of incorporation
with the secretary of state on Monday,
capitalized at 1000. 600. J. A. Good
win, W. P. Hoffman, r. G. Pope, j.
G. BONNER, N. M. Clemmons, o. A.
Weber and T. J. Cummings, all of St.
Louis, Mo-, are the incorporators.
The company will operate properties
in the vicinity of Crystal.
S. E. Day and E. P. Simpson will
leave Monday for Elko, in the north
ern part of this county, to start up
work on the Hercules and Ajax prop
critics, owned by the East Rock Creek
Mining and Milling company, of which
Mr.. Day is president and treasurer
and also one of the heaviest stock
holders. There is tunnel on the
Ajax of 150 feet, all in ore, showing
values of from S1.50 to S4.5 in silver
and as high as Is per cent. copper.
The Hercules also has 80 foot tunnel
on the vein showing blocked out 800
tons or more with gross value OF
over ST., 900. Several cars of ore were
shipped to the Hoffman smelter at
Marble and returned value OF about
1922 per ton. The property is a
splendid one and Mr.. Day is confident
of making it large producer.
G. W. Griffey and John Gordon,
owners of the Rustler mine, on Rustler
mountain, in the Gothic district, will
soon commence operations on the
property. This mine was first located
in 1873 and was patented the following
year. In 1882 it was sold to E. A.
Buck and other New York parties for
1925, 200. The property is showing ore
in seven places, running from so to
5000 per ton in gold, silver, lead and
copper values. In early days, tran
sportation charges were SO heavy and
the smelters charged so much for treat
ment-$30 to $50 per ton-that the own
ers did little work. 1t has lain idle
the greater part of the time and had
been almost forgotten until two years
ago when the present owners investi-
gated it, After convincing themselves
that the property could easily be made
to pay, they bought it from the Buck
estate.
Last year, Messrs. Griffey and Cor
don did some work on the property,
opening the vein in various places.
The vein is about three feet wide and
carries to IS inches OF high-grade
material. The mine is located on top