Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1901-04-20
WESTERN MINING MOTIFS,

The dividend record OF the mines of
Cripple Creek for the month of March
was S494 600. or about the average
amount distributed for the past year.
1t is claimed for the Midas mine.
Shasta county, that it has the largest
pay chute of any mine in California. 1t
shows continuously for 2700 feet on the
fourth level
The recent gold strike in the Tur-
quoise district of Arizona, between Co
chise and Tombstone. has exceeded the
expectations of the most sanguine. Speci-
mems of the ore assayed yielded a per-
centage of $4,000 per ton.
The total Cripple Creek dividends for
the first quarter of 1901, 81 .230. $40. fall
$213.000 short of the record for the like
period of 1900, due to sales last year Of
several mines, the funds thus derived
being disbursed in dividends.
-Prospectors in all parts of California
are now hunting for oil instead of gold.
The oil craze has attacked everyone.
Last week oil strikes were reported from
San Luis Obispo, Monterey and Shasta
counties, and il looks as though few
counties in the state will fail to produce
some oil.
Word has been received of a rich
strike iii the Nivandiere mine of Cat
gulch, Turrct district, Chaffec county,
Col. The ore bears strong resemblance
to that found in the Gold Bug some
time ago. and sample sent TO Denver
for assay returned values of four ounces
to the ton in gold
Denver papers state that n wonder
full showing has been made Oh the block
of ground of the Anaconda company
which has been worked for the last two
months by Peterson and associates.
Their lease ran for only that length Of
time. but they took out $4,000, the ore
running about $f20 in gold to the ton.
On Josephine creek, near the boun-
dairy line between California and Ore
gon, rich strike has been made by
George Boar and Tim johnson. The
ledge is seven or eight feet wide and has
been traced for 200 feet. The gold is in
sheets and wires and the rock is so rich
that SO may be pounded ont in a NOR
tar from a pound of the rock.
A rich strike has been made in the
Newsboy mine near Ouray, Col A
streak Of bismuth silver and gray cop
per was encountered in the second level
from a foot 10 eighteen inches in width
which assays from GOO to 1000 ounces
in silver. The vein matter adjoining is
composed Of ore which will run from 300
to 400 ounces in silver and is no less
than two feet in width at any point.
Senator Depew of New York is ne
gOtiating for the purchase of the moiyh-
denum deposits in the San Jacinto noun
tanS near Riverside. Cal. Moybdenum
IL uScu loT tudllHS tue NUNS OF NHFSHlpS
to prevent their foulng and for refining
steel. These deposits are said TO run 80
per cent. of pure metal. The owner has
received an offer of Sl30 "A ton for 1000
tons If he can guarantee the ore will
run 30 per cent
A Cripple Creek dispatch says that
ore of fabulous richness has again been
uncovered on the Cardinal property of
the Little Valerie company. 4 very fine
specimen Of wire gold is on exhibition
II is stated that the value of this speci--
men is 500 fine or approximately $780,
600 to the ton. The property is situated
in the gold-bond section of the camp on
Gold hill. south of Cripple Creek. SINH
lar rich pockets of ore have been found
lsnsthe property before. ~
The reports relative to the strike Of
very rich ore in the Slide mine at Gold
Hill. Col, has been confirmed by the re-
ceipt of letters by Los Angeles p%rtins in
terested in Colorado mining projects. As
says run as high as $50 to the pound,
equal to 100000 a ton. This phanomc.
nal deposit is stringer of ore inches
thick in the center of an ere body IL
inches wide. Additional value is added
to the ore by the presence of gold. that
averages from fifteen to forty ounces in
gold to the ton.