Durango semi-weekly herald., 1902-11-27

its Thence to the San Pedro tarbor.
through Southern California, tht coun- 4
try along the route is well poptlated
A line viii be constructed rtning
southeast from the main line II Cliff
tor. Ariz.. tapping en- route aiterri-
.ory having manificent gold resdrces. =
ali OF which are to be treated al thea
plant of the new corporation Nown
rs the Gage National Reductionl com
pany.
BID Ore Reduction Plants
included in the Scteme
One OF its ore reduction plantswill
be at Durango for the low grade pres
of the southwest The Gage chenIcal
electrolytic process will be used. A
| similar Gage process plan, <sill be
g. ected at Silverton, another in the
Bear Creek or what win be known as
the Gold Cliff section, and another in
/ Denver. Pie latter is to include CON
plete appliances for refining gross hnl-
lion and recovering the rare metals
which are known to permeate may
ores of this and adjoining states
| which are now sent to Germany for
treatment Chief among these ar
ellurium. metal that abounds in
Colorado gold bearing ores, which Is
| worth S35 an ounce and $3.50 gram 3
rne Denver plant will receive all the
high grade gold ores from the terrific
lies tapped by the new railroad as
well as millions of tons of rich ores
from sections tributary to other lines.
While the new. railroad that Ottt~
Mears contemplates building this sum-
|
not been as yet formally included in
The project. it will afford an easy
foue for the transportation of north
arn Hinsdale county ores to the Du-
range and Silverton Gage plypts,
which viii have facilities for saving
all their gold, silver and teliurum
values. The Gould interests are
known to be backing this new line.
and it will form valuable connect
ing link in the Denver G. Rio Grande
$ stem.
The development OF the gold-bear-
ing resources of southeastern San
Juan cNunty has already been started.
1,500-horse power water plant in
The Rio Grande river will be built this
winter. near the mouth of Bear creek,
by the Bear Creek Mining & Reduc-
ton company. An electric power
plant will be constructed here to
ransfer the current six miles up the
Ieek to the Good Hope and other
mines that have been under develop
lpment during the last year. These
mines have furnished the ores for the
practical test of the Gage chemical
process. Although they yielded little
when treated by the old processes,
hey return values as high as $32 600
ton when treated by the Gage pro-
cess. This plant will be in the cen
ter of an area of 20 miles long and
eight miles wide. which is rich in tel
urum and gold depositss.
The company will make its head
quarters in Denver and offices are to
be opened very soon in an uptown
building. The preliminary work has
been transacted in temporary quar-
ters in the Continental building.
Gage Says That Companies
Will Soon Be Incorporated
Before starting last night for Sill
-erton and Durango Mr.. Gage said:
All our articles of incorporation will
be filed very soon. We have had to
work quietly for business reasons. but
; he final results of the project are
being finished in Pittsburg now. | am
rot at liberty to state the names of
all the eastern financiers who are in
p terested. 1t is our intention to not
! only build the railroads mentioned.
but the ore reduction plants and the
steel plant. We will have in opera
ion all the latest improved methods
# treating ores. including the Gage
electromagnetic patents.
THE erection OF the steel plant will
be under the personal direction OF
George c. Carson. inventor OF the
Carson process, and James F. Cullen,
Who was superintendent OF the Jones
& Laughlin structural steel plant at
] 'ittsburg for 10 years. The mining
properties that come into the South
western Fuel & Iron company through
he consolidation are former holdings
It the Bear Creek Mining & Reduc-
ION company the Good Hope. the
Giant, the Wonder. and the Jim Cu-
IN group OF mines. the latter at the
head OF Elk creek 1t will take time
Il course, for the smelling plants. the
'ower plants, and the other work out
ned in the plans. to be started, but
ve have guaranteed the railroads. Z
5000 tons of freight next year WeS
rave ordered all our heavy electrical
machinery from the Westinghouse
ompAny at Pittsburg, and it will not
legin 10 arrive for 30 or 60 days
The men behind the Southwestern
-uel < Iron company have carefully
considered what they are doing and
are satisfied they are taking no risks
n making an investment of
S5OOOO,0O in the state As I
said, we have as much money be
1lnd us as the American Smelling &
Rehning company. and we can handle
~ the ores sent us not only from the
san Juan district. but from the state
NJ large. am not exaggerating when
say we offer salvation to the mining
zen of the state
representative of The Herald
Alled upon Mr. Mcconnell this morn
! a OF