Durango semi-weekly herald., 1903-04-09
WINTERS WORK IN LA PLATA.

Durango Correspondence Denver
Post: Mining production and devel.
opment have been progressive in La
Plata district during the winter
months. greater number OF enter
prises have been under operation than
during any former winter. and while
none save the Neglected mine have
been important, for magnitude. the
work generally has been of a practical
character. and this is. more than can
be said for any of the former enter
prises of considerable magnitude. All
sections OF the district have been do
ing something and nearly all are maxi
ing encouraging reports The policy
which was first inaugurated year
ago for more careful study of econom-
ic conditions relating to the occur.
renee of ore has been pursued
throughout and the results have been
good
The new mill which the Neglected
company Is now building. promises.
when in operation to suggest new and
successful lines of action in the dis
trict, for it has been determined that
lSamation and concentration with
cyanide treatment for the tailings. will
successfully recover the value of the
Neglected ore, and many other proper
ties of the district have ores of the
same character.
The recent announcement of new
process for saving the values of low
grade telmrium ores has excited some
interest here and no doubt will be
carefully investigated by the owners
of such properties. If this success is
all that is claimed for it, the bulk of
the tellurium ores of the La Plata dis
trict need not be shipped to smelters.
The Neglected mill will be ready for
operation by the first of May and will
at first employ only amalgamation and
concentration. pitting the tailings
This mine has continued to ship ore
by pack train all winter and has been
adding a vast quantity of mill stuff to
the big pile it had last fall. The Neg
lected is going through the process OF
patenting ten or a dozen of its mining
claims, and has met number of ad-
verses, the contentious being backed
and supported by Denver parties.
Some new companies are organizing
local capital receiving cooperation by
Denver and Colorado Springs capital.
Among them is the Swamp Angel Min
ing company, just organized, with Den
Yer capital cooperating, to develop
the Swamp Angel and Gold King
lodes, near the Neglected. The CAPT
tai stock will be s150,0O0, with one
third set aside for treasury stock or
working capital, and this stock is now
being offered at 20 cents per share.
The properties are patented, old
and well known. and, considering their
character. although they are not in
condition for production, the amount
OF capital is modest. The develop
ment consists of a tunnel of 800 feet
and three or four shafts of from TWEEN
ty-tive to forty feet. There is a shaft
in the tunnel, at 200 feet, where some
very rich ore was encountered last
fall.
The Edith Mining company, which
will operate close TO the Neglected,
has about perfected its organization.
employing Durango and Denver capi-
tai. Among those at Denver are
Charles S. Thomas and Charles j.
Hughes. Chief of those at Durango
is w. III. White. The capital stock
will be 81 900 900 in shares of 81 each
The properties are the Last Chance.
Belfast, Irwin, Gold Cup, Gold Can,
Big Thompson and Little Thompson.
The development workings are from
10 to POO feet each. and some very en-
couraging showings are made. The
Last Chance is an extension of the
Neglected, adjoining the latter's west
end line. The territory is considered
very promising.