Idaho Springs siftings., 1903-01-24
DISTRICT
COMING
TO FRONT.
-Four Shipments From as Many Mines
Gives Returns of $3.50.

SiVSS I~elutuS Vi pZ1O.
As an indication of what the Idaho
Springs mining district is ing and the
high quality of ore, it would not be an
unwise idea to state that four shipments
were received at the Chamberlain Samp-
ling works one day this week which gave
better returns than $3.50 10 the ton.
This is certainly an indication that the
district is rapidly forging to the front as
producer of high grad metal, and
those who have had the idea that we
were only capable of producing the prec-
ious metal in medium grades. will now
have their eyes opened.
1t is true that the mining camps that
have the ore in great quantities, and of
medium grade, are recognized as good
place for investment, for the reason that
steady production is almost always as
sured when a mine does commence to
produce. The Homestake mine is low
grade proposition and at the same time
it is the biggest dividends payer in the
world.
This is one thing that has kept Idaho
Springs in the lead for more than forty
years, but it is only natural to presume
that the deeper the workings the better
the values will always prove to be.
The shipments which were received at
the Chamberlain sampler were sent from
the Matte, the Republican, and the Lam
artine mines. The ore from the Lamar
tine had an average value of $3.50 to the
ton, while the Matte and Republican
carried values of little over $3.50.
This is something unusual. 1t is sell
dom that such thing has happened in
the history of mining in Idaho Springs,
and especially so when it is all received
in one day. From where the fourth
shipment came from we are not at lib
erty to state, as the parties are not desir-
Gus of having the fact made public.
1t is we'll known fact that the Matte
is in some exceedingly rich ore. During
the last year this property has been
worked on an extensive scale, and more
than $I75,ooo was expended in dead
work. This was on account of the fact
that the property had not been properly
managed, as leasers had been at work
and only worked where they could find
the mineral in paying quantities.
DIR. J. M Shaller who was in the city
a couple of weeks ago stated that they
had ore in this property which carried
values as high as $500 to the ton.
The Matte has been a big producer in
years gone by, and now that the mine
has been put in good working order, the
people of this district can look for a
record the present year.
The Republican is being developed
through the Matte workings and is
really part of the same mine. con-
solidation was affected in the early part
of last year whereby the two properties
were merged into the same company.
Since then everything has been working
as smoothly as possible and now the two
properties will be heard from.
The Lamartine is too we'll known to
the mining men of Colorado and the
west to need any introduction. 1t is one
of the best mines in the west, and has
been a producer for years and years.
The ore carries good values, as is evil
.denced by the fact that the stockholders
are sure of a steady dividend. This
property has not been worked as exten-
tensively during the last few months as
in former times, presumably on account
of the slump in silver.