The Providence news. (Providence [R.I.]) 1891-1906, 1902-01-28
Nicaagua's Gold.

one man is reported 20 have panrcd
from Nicaragua placer mines no less than
.50.op in four yasrs. on an average OF over
SCI one Il wear. This II q better salary
than that obtained by the president of the
United States Quartz mines are being
worked and thefse are reported to assay
from so 90 $500 to the ton. Opal mines
abound and yield the brilliant rre opal.
Water Is plentiful and is the chief means
of transpertati tie44--a-44sl- -AeiaR- -E4sht at
hand is nNcnicpt for working both
placer mines and stamp mills, says the
Galveston News.
Nicaragua is known 10 the world as q
banana and cucoanur producing country,
together with rubber ana other side prod
itts that have made fortunes for enter
prising Americans with a little capital
Gold s. new feature comparatively. and
if the country iuoves as rich as indica-
tions now point IL win equal Alaska IN
production and be devoid OF the hardships
Of cold Climatic conditions viii not IN
terfere for II a man takes ordinary care
OF himself his years will be as many and
comfortable in Nicaragua. as in any other
place.
On the banana steamer Brcifond which
arrived from Blueheids, Nicaragua. on
Tuesday were Mr.. and Mrs. g. a. Dye
and Il. H. pIatts. Mr. Dye Is secretary
OF the Nicaragua company. q New Jersey
corporation which has power To do almost
any kind of business IN Nicaragua that
they may care To. Mr. Dye is also general
representative Of the Nicaragua steam
ship company in Nicaragua, and it IS in
this connection thst ne is in Galveston,
having come mp with Mr.. Plsus. whom
ne wishes TO Introduce 10 the Galveston
merchants and gel them on 10 trading
basis. lt WAS from Mr. Dye that the
information concerning tho gold fields Of
Nicaragua was Obtained.
'rhe Prime .Puca district, said he Ia
the principal gold field OF Nicaragua
There IL also development going on In
the department OF Zelaya. and placer
mining can he conducted with pront on
almost any stream in Nicaragua. OF the
auar1x camps Prime Pulca is the largest
and most important az present. There is
quite a colony al Prime Puloa and sew
eral mines have been sunk into the
auartz. Prime Puica Is $50 miles north
of BIueneld and near the coast. The
district covers a radius Of about 100 miles
from the camp OF PRINCE Pulca over
which prorpectors have gone and located
claims IL is essential that machinery ~
obtained Suecessfuiiy 90 conduct quartz
mining operations, but n Is an easy mat
ter ~ get Il mp t1ers, as river navigation
~ easv the creator part OF the distance.
The Gre runs from So 10 500 on the aver
age, although have known of instances
where n went as high $500 20 the ton.
u H. not a hard quartz and can be easily
operated with stamp mills. although
smeitere would be necessary 20 obtain all
that the ore contains
The merchant OF Nicoragus ls no
doubt the Chpaman. One OF the veal
fhiest pen IN Nicaragua today Is a
srhinsman. Chow, Wing Sing. lie went
there II years sRA and managed to set
500 ahead, and with that capital No has
expanded until only the other day he
was able 10 put tiso.c0 IN gold into min
ing machinery for use in his mine az
Prime Pulcs. Mr. Paul Ronner has a
mine there FOR which ne wss offered
32o0Ooo not long ago and refused 20 sell
I'm the Department OF zelays, Brown