Durango semi-weekly herald. (Durango, Colo.) 1899-1907, 1903-08-24
MINES AT SlLVERToN.
tFrom the standardJ

was sent ont Wednesday from the
kearns lease on the fifth level OF the
North Star on Solomon
d. ]. Bell and TWO men are are do.
ing some work on the Little May
claim at Upper Elk park This is the
property owned by Frank Spears and
Bell and has produced several small
shipments OF hish grade gold ore.
Over on Bear creek the owners Of
the Sylvanite have moved back to .-.y
property a boiler that was trken away
by the Gage outht. hoisted the waite,
out of the snatt and VIII prospect for
| the streak OF sylNlnite ore tat was
recently found hanging on the wall
of what is called the old tunnel
The ore chat has been mined hiring
the past year through the certain de
velopment work on the property OF
the Woods Investment company. is to
| be shipped to the Hendricks Gelder
| smelter in Silverton In the nclghbor-
hood of 300 tons is out and awaiting
the burro train to bring ii down Oft
Bear mountain.
p. Gillen, who is working his Hid
den Treasure group in the Stony Pass
section, reports tie tunnel now in
about 800 feet and ore in sea tcring
punches being found and saved
Some OF tbs ore lie recently concen-
trated and learned that in this form II
was worth lS3 ounces in silver and
il6 ounces in gold.
Over on the North Star on Sultan
considerable work is being done on
the outside preparatory to more com
plete operation, the building OF a ma
chine shop now being under way.
The ore taken out from The west DRIFT
OF the eighth level is being sorted into
three parts. the lead-silver material
going into one grade OF shipping ore,
the gold-copper into another and the
residue being saved for the mill.
The various workings of the North
Star group on King solomon mount
ain are showing something OF their
old-time vigor Last Monday Theo-
dore Benjosky, who is leasing on the
top level at what is called the Alaska,
shipped car of high grade ore. Cor
don and Sturgeon, who are leasing on
the fifth level, have also taken out a
carload of ore worth 5000 per ton.
William Kearns, leasing on the sec
ond level, while taking ont some ore
has not yet made a shipment
While in Eureka this week were in
formed that shipments have again
commenced from the Dewey mine in
Hurricane BASIN The Dewey is IA
nous for the very rich ore it has pro
duced and the present ore represents
an average of six ounces gold, besides
considerable silver, TO the ton,
The veins comprising the Dewey
group extends across Slide mountain
into Horseshoe basin, and 1t is just
possible that the recent new and and
very rich strike made by Olson,
Woods and Pickett in Horseshoe ba
sin is the extension.
G. +. Grebes, who is looking after
the management of the American EX.
change Mining company's properties
on South Lookout mountain is much
encouraged by the attitude of mining
men who, as representatives of east
ern capital have recently examined
Grebles very properly refused to dis
cuss the progress of the negotiations
pending for the sale of the property,
We know positively that substantial
offer per share has been made for all
the treasury stock of the company.
The twelve claims of the company are
admirably located on the eastern
slope of the mountain what we con
ceive to be the main gold producing
belt of San Juan county, and there Is
no reason why with proper manage
ment the group should not prove to
be one of the leading producers of the
section Lying between the Ice Lake
mining district, which has recently
had attention directed to 1t by the sale
of the Emma mine, and the Red
Mountain district, whose record of ore
production is known all over the west,
the future of the American Exchange
should not be in doubt.
The Yale-Brown Mines company is
the very latest incorporation, having
taken up territory of / 30 acres above
Chattanooga to the right of the Silver
Ledge mines. The prospectus sent
TO this Office for comments, favorable
or adverse would imply that the prop
osition is about the largest in the
San Juan If not in the state. The fea-
lures as outlined by the promoters of
the Yale-Brown company are many,
being in the main that because John
]. Hammond says the property is
good; because 1t has no debts and will
not incur any; because 1t requires
only $35 900 to put the mine on div
idend paying basis; because one of its
many veins contains an estimated
amount OF ore In sight of over $4,000
900. and last but not least, because
the property lies between the Brook
Ign and the famous Camp Bird, laying
six miles apart.) After thorough ex-
animation OF the property, on paper,
we are convinced that there are mil
lions in it--for the promoters.