Gilpin observer., 1902-05-01

Bug and Red Bug No. lodes in Noun
tain House district, northeast OF Black
Hawk, has been leased to Denver par
ties. The property is owned by local
| parties. The lessees will install plant
of machinery and are starting in with
the development work in business like
, manner.
The Penobscot Mining company has
been organized with capital of 81, ,0OO,
COO to work the Penobscot group Of
mines, situated north OF the Perigo mine
in Independent district. The company
will install new hosting plant.
The Justice Leasing company, under
the management of Thomas A. IrYin of
Denver, has commenced sinking the
main shaft an additional rs feet. Mr..
Irwin will more thoroughly develop the
property. The ore is OF very good
grade.
The new shaft being sunk on the west
end of the Clay County mine in Lake
district, is down 100 feet, there being a
great improvement in the crevice matter.
Levels will be extended from that depth
which we're commenced this week.
Shull & Mcleod made shipment of
- cords of ore from the Eldorado lode
in Russell district to the Gilpin stamp
mill in Black Hawk last week. They are
uprising from the 100 foot level, and a
fair sized crevice of mill ore has been
: encountered. The last shipment of con
centrates was an improvement over for
mer shipments of this class of pay.
George w. Mabee, Junior, of the But
ler mine on Gunnell hill, has opened up
some smelling ore in the main shaft,
which contains values of Sl35 per ton,
the gold alone being worth S120 per ton.
There is quite an amount of good stamp
mill ore alongside the smelling ore.
The Idaho Springs News says that
Mr.. Ed. Quigley is pushing work on his
Rising Sun tunel and is now in..the noun
tain l2j feet, with vein of eight feet
wide and pay streak of twenty inches
that looks well.
Golden Globe: George X. Kimball,
Jr., half owner Of the Old Town mine in
Russell GulcL, has interested several
Idaho Springs men and together they
have formed the Russell Gulch Mining
and Development company. The COM
pany has secured four claims adjoining
} the Old Town group, and they will sink
for ore with the best kind of prospects
for finding it.
II. c. johnson last week made ship
ment of a 80 ton lot of dump matter
from the Lutz lode in Russell district to
Idaho Springs for concentration. This
; property will soon start up under Mr..
Johrson's management.
Last Thursday three cars of ore were
shipped from Black Hawk to Idah
Springs from the Tyner workings on
Quartz hill
The parties working the London mine
on Academy hill have shipped mill ore
to Black Hawk mills which came from a
depth of 10 feet. They have fair sized
crevice at that depth.
Leasers below the tunnel level of the
Bobtail are shipping smelling ore that
gives values Of sl03 and sl0S per ton. :.
, An assay was made last week from
the Fanny mine at Black Hawk. which
gave 1904 ounces silver per ton.
Judge A. W. Stone, president OF the
Cashier Gold Mining and P,duction
company, after three weeks visit t.
the group OF mines here owned by that
company, started on his return to Buf-
falo, New York, last Saturday. He was
well pleased with the outlook of the
group OF mines owned by his company.
Work on the Atlantic and Pacific tun-
mel above Silver Plume is TO be CON-
menced as soon as the snow disappears
announces o. l.. Snyder OF Buffalo, New
York, chairman OF the board Of directors
who held meeting ir Denver last week.
The company will open up the veins al
ready cut by the tunnel. The new tun.
mel company have ample means at their
command to carry out the tunnel as we'll
as the railway enterprise.
A party OF gentlemen last Friday were
shown through the workings of the Cen
tral City mine this city by Capt. Thos.
Webb OF Nevadaville. Since the mine
closed down the water in the shaft has
entirely disappeared. There is large
amount OF concentration ore opened up
in the mine at the present time which
could be made profitable through treat
ment by concentration.
James McGrew 4 Co. have their Kemp.
Calhoun mine in Leavenworth gulch
down $50 feet. A fair sized strenk OF
smelling ore has been opened up in sink