Gilpin observer., 1902-01-02


II Is owned By IN English parry.
TOWN TOPICS GOLD laIHIa0 90.
This eonpany's property 10 locntst
10 the Lake mining district, about mils
and qusEtsr fron Central City, and II
probably the most noted Of al the mines
in Gilpin county from IN historic stand.
point. Mr.. q. J. Hoilistes, In hin history
OF the mines of Colorado, published Ia
1857, nsntions the Notavay mine, which
10 one Of the properties owned By this
company, - being in sctivs opsvstion,
and the orc paying at the stsmp mill go
a ton. He also mentions the fact that
Eben Smith OF Central City, - the man.
ager. Tho East Notsway was owned BY
the 6rst senator from Colorado, ]. D..
Chaffee, and ME-Eben Smith, is now re-.
garded as tho wealthiest mine man in
the state. It 10 stated that in early da, .
they took from between 500 900 TO e7OO,-
900 out Of this property, the ore being Of
q very high grade, and with the money
taken out Of this property it is stated
that the First National Bank OF Denver,
was started. When ChafFee died be left
the property to his daughter. the wife OF
U. 8. Grant, Jr.. and the Town Topics
company acquired the property
from Mrs. Grant. It was worked for
three years prior to this purchase by
Ex. Sheriff Mitchell, who netted large
sum Of money from this lease. The
Notaway mine produces the richest gold
ore ever found 10 Gilpin county, some OF
the shipments showing values OF s27 per
ton. This company owns besides the
famous East Notaway five other mining
claims, that are known to be very val
liable. They are employing between AZ
and so men steadily in the mine. and are
large quantities Of high grade
ore.
This company breaks the record in
other respects. 1t was organized as a
company in February, 1901, and paid a
dividend three months after its organi-
zation on May LIST. 1t has kept these
up regularly since that date.
Mr.. S. A. Jcsephi OF the Barth block.
Denver, is the president and general
and Mr.. Msrshall d. Draper of
Central City, is the uperintsndsnt.
ROBEnr EMAEr CONSOLIDATED
The Robert Emmett aud Queen Of the
West Consolidated properties has done
an Immense smount Of Development
work during the past year, and hsvs sd-
ded very largely to the big orc reserves
already in sight. In the Roesrt Enmet
the vertical shaft has been sunk another
I'D fest and drifting has besn pushed TO
the utmoot with air drills, both east and
vest ut the 526 foot level. Tho amount
OF drifting in these properties during the
year amounts 70 over 1000 feet. Tho
average width OF the vein 10 from four to
six feet Of very good grade OF milling
ore. yielding from 3 to 5 ounces gold to
the cord, while the smelling ore runs
from e6l .25 10 el93 so per ton. The bot
tom or 525 foot west drift is being driven
both night and day TO make connections
with ths 6OO foot level 10 the Queen OF
the West. No stoping is being done at
present, and no stopping will be permitted
for at least another year. at which time
the two properties will be connected,
and the ore reserves wi,l bs so large that
many years will be required to remove
the ore then blocked OUT.
Ore shipments are confined to the ore
broken 10 development only, which IL
sufficient to keep 10 stamps busy most
OF the time. AT present ore is being
shipped tothe localShills at Black Hawn
from the 800. 400 and 525 foot levels. Nc
other propsrty in the district has done
the amount OF development work and
can show the large reserves ss the Rob
ert Emmet and Queen OF thu West Con
solida.ion. For three years these mines
have bseu worked 70 ihsutmost on do
vslopment only. The Queen II the Wes,
shows over 1000 feet Of drifts, oil 10 orr
and no stopping done, Tho Robert Em
met over 90 feet Of drifts and all in or.
ready for stopping. Recent expert reportl
ON these properties by reputable Dsnvs,
mining engineers show ore reserves o.
over 10000 tons and vslued a. over s400.
0O0. It 10 shown by shipmsn,s sxtend
Ing. over period. OF pearly threa ,sar'
shat the average value Of milling ore 4
4, ounces gold per cord. or 80 30 per ton
The future prospects, Of THE psopert!
10 very asttsring. the mine 10 operate,
on scientific basis. oil drifts are hlsl
and vide. Shaft perfectly timbsred will
square sets. Property 10 equipped will
6rst .class machinery, consisting OF tw
~ hoPaa poyaP boilara tvO m hopn