Gilpin observer., 1905-12-21
TO START THE GRAND CENTRAL.
This Property to be Extensively Opened Up
The Same Company viii Operate a siI.
yer Property. Other Mining News.

The Grand Central Mining company
composed Of Colorado Springs and Bos
ton capitalists, whose property is located
on Gunnel hill, has recently asked for
bids for sinking the main shaft on the
Grand Central 200 feet from it's present
depth, which is 400 feet. The company
also will let bids for driving the east and
west levels. Mr.. S. T. Elliott who is
managing operations for the company
will be here the first of the week in CON-
pany with several OF the stockholders,
when bids will be accepted and work
started Immediately on the property.
There is good plant of machinery on
the property and some very good ore has
been extracted in the past. The location
is most favorable for opening up good
ore bodies, being but a short distance
from such good producers as the Gun
nell, Whiting, Prize, etc. This same
company also contemplate putting in a
boiler and pump at the Lone Star mine
at Missouri falls. This mine carries
good values in silver, being located in
the silver belt which courses through
the county, and as the price of silver is
increasing rapidly of late, this section of
the county is bound to receive consider
able attention from mining men in the
near future. Assays have been received
from this section which have run away
up in silver, and such mines as the Hard
Money, Cyclops, Fanny, Boss, Toronto,
and Mint have been large producers of
the white metal in the past, and were
only closed down some years back on ac-
count of the very low price of silver.
The Pozo mine. located in Nevada
gulcb, whose operations are being looked
after by Mr.. A. W. Rucker, is producing
some very good zinc and iron-lead ores.
The ore is first shipped to Denver where
1t undergoes magnetic treatment sep
arating the zinc from the other minerals.
The zinc poduct is then sent to lola,
Kansas, for final results. Some of this
runs as high as 80 per cent. in zinc and
brings about $1,000 per ton. The owners
of the Pozo have in contemplation the
creation ofsa aew-shaft hsase- sd slant
of machinery, when it is proposed to de-
velop the property on an extensive scale
The Pazo is very large vein and when
properly opened up will undoubtedly be
heavy and profitable producer.
At the Roderick Dhu work is pro-
crossing in a satisfactory manner and
some fine looking smelling ore is being
taken out which should bring good re.
turns. The first OF this week Mr.. Roy,
who is at present in charge at the mine,
will ship seventy. five tons Of concentrat-
ing ore to the works at Idaho Springs
The ore concentrates about four into one.
and the concentrates contain value of
about 2ls ounces gold and I per cent.
copper per ton. This beats sending the
ore to the stamp mills of this county, SO
Mr.. Roy says. The mine contains good
quantity of this character OF ore and it
is proposed to shortly increase the work.
ing force on the Roderick.
The Modoc mine on Qurtz hill is now
employing about ten men on the day
shift but it is the intention to shortly
put on a night shift. They are taking
out large quantities of mill ore from this
immense ore body or dyke and the pro-
duct is treated at the stamp mills in
Black Hawk, giving satisfactory returns.
Mr.. John Lying reports every ythiEg going
along nicely at the mine and the outlook
is quite favorable. The same company
is sinking on.the Gold Retort vein on the
same hill and will erect whim over the
same for hoistng purposes. A small
shaft house will also be erected to shell.
ter the top men and miners.
l.. Sternberger, the mining man who is
very largely interested in mining proper.
ties in this and Clear Creek county,
was in the city the fore part Of the week
transacting some business matters. Mr..
SternbeIger has acquired large mining
interests in this section by location and
purchase, and some day expects to make
a.big hit in the mining line. His Lotus
group on the line Of the Newhouse tun.
mel, which has been quite producer in
the past, is among the most promising OF
his holdings. When the tunnel cuts this
vein-which should not be far from the
present heading-it is likely the vein will
prove to be wonder.