Gilpin observer., 1905-09-07
MOOSE MINE LEASED.
Will Be Worked in Connection
With the Sun and Moon.

r. G. Bonnie and G. w. Franklin last
week took three years lease on the
following lodes from the Henry Paul es-
tate and the same has been placed on
record with the clerk and recorder of
this county:
Moose, Moosehead, Elk Trail, Elk Val
ley, Elk Horn, Bi- Metallic, Elite and the
Champion.
The above lodes are all situated in the
Pleasant valley district, adjoining the
Sun and Moon mine. The Moose, the
leading property Of the group, was held
under lease and bond by Pat. Mccain,
the welFknown mining man who died
here about year ago. He had gotten
possession of the mine and was making
arrangements to commence work, having
made numerous improvements above
ground, when death prevented him car
rying cut his plans. The Idaho Springs
Siftings OF last week in speaking of the
lease had the following to say:
Another mining deal OF importance
and involving consideration OF $780,
900, was consummated this week, when
the papers were placed on record trans
ferring to the Sun and Moon Mining and
Milling company, group Of twenty one
patented mining claims in Pleasant Val
ley district on the Gilpin and Clear
Creek county line. The most inportan.
claims in the group are the Elk, Valley.
Moose and Elktail claims, which latter is
the eastern extension of the William
Penn vein, now being driven east from
the Newhouse tunnel, while the former
big vein is the extension of the famous
Frontenac vein which has production
record of over a million to its credit
from the surface workings.
"The entire group of claims adjoins
the property of the Sun and Moon COM
pany on the east and make most valu.
able addition to the company's holdings.
large part Of the property was owned
by the heirs of the Henry Paul estate
including the Elk Valley lode and Mill
site, Elkhorn, Bi-Metallic, Elite, Cham.
pion, Moosehead and Elktail claims.
The production of these properties is
placed at over $4,000 from very limit
ed amount of development work.
The conditions Of the transfer, in ad-
Gition to the consideration, are that the
Sun and Moon company shall drive the
lateral on the William Penn vein in the
Newhouse tunnel further distance OF
1000 feet, which will insure the cutting
the Big Moose vein at depth of over
1900 feet and will unquestionably result
in opening the immense ore shoot caused
by the junction. A heavy watercourse
traverses the Moose which has interfered
with operations on surface and prevented
the profitable working of the lode,
which has any quantity Of medium value
mill dirt.
During the past week party of c.
IL S. surveyors has been engaged in
making surveys in Pleasant Valley dis
trict for the extension Of the Gilpin
tramway line to the Hillhouse mine,
short distance east OF the Moose group.
This confirms the belief that the Sun
and Moon company will sink vertical
shaft near the Moose which will be used
as working shaft for the connection
with the extension of the William Penn
lateral from the Newhouse tunnel. 1t
will be easier and cheaper to sink YER
tical shaft at this point than to make an
upraise from the Newhouse tunnel, and
in addition the tramway being nearby
will permit Of the handling of a large
output until connection is made with the
lateral from the Newhouse tunnel"