Gilpin observer., 1905-08-31


Behrman of this city.
Platinum is worth more per ounce
Platinum is worth much more per
ounce than gold and it is stated upon
excellent authority, which is borne out
by the letter, portion of which -
quoted, that it will be produced in such
quantities in this district as to draw
the attention of the world to this To-
cality.
The leasers in the Bobtail workings
OF the Gregory and Bobtail Mining
Company at Black Hawk are taking
out heavy tonnage of medium grade
milling ores through the Bobtail tun-
mel and are keeping from one to two
teams busy hauling the product to a
stamp mill near the mine.
The new Hamlet mill, located at Mid
dleton, about three miles north of Sill
verton. is proving a surprise to the
stockholders of the company. The
plant is handling fifty to sixty tons
of ore daily, and the shipping record
is carload of high grade concentrates
every other day. AT the mine, which
is located but a few hundred feet from
the mill, the blocking out of new ore
bodies goes on. Notwithstanding the
management has in sight enough min
eral to keep the milling plant running
double shift for the next year.
Operations at the Silver Ledge mine
and mill, located at Chattanooga. are
being pushed by Carmichael & Kra.
mer. who have lease on the proper
ties. The shipments of concentrates
at present average one carload a day,
mostly zinc. The mill is only provided
with water power. and last season it
was found necessary to close down in
November on account of the freezing
of the water supply. The management
is endeavoring to have the Animas
Power Company extend its wires to
the mill, so that electric power can be
used for an all-winters run by the mill.
ing plant.
During the third week of August the
shipments of ores, tailings and con.
centrates from the Black Hawk depot
totaled 1,470 tons, making total Of
1850 tons for the three weeks. Among
the minor shipments were one car OF
ores and three cars of tailings from
the Druid Mining Company, operating
in the Willis gulch section; one car Of
smelling ores from leaser on the
Two Forty mine in the Russell district:
a car of tailings from the Mountz and
Palmer mill in Pine Creek district, and
one car each from the Pozo and Ivan.
hoe mines on Quartz hill, these two
cars being zinc ores.
or late years 1t seems TO be the dis
position of mining men to get acreage
instead Of results. When a person
strikes vein or body of ore, it is nat
ural that surrounding territory should
be desirable to block intrusion from
such dangerous questions as apex and
other conflicts. But 1t has come to
pass that in placing a property now in
the East the main question is how
much territory have you got? This is
false ioea, as has been demonstrated
in the history Of Leadville, where large
holding have for many years marked
hisotory of mining. In all the territory
which has produced where is there one
that has worked ten acres, yet we see
holdings amounting to 100 acres. Just
consider what 1t means to work out an
acre of ground, underground. at
depth OF several hundred feet. It
takes years, and what outfit in the
Leadville belt has ever worked out ten
acres? Therefore. 1t is not territory
that counts. but value, and the man or
company with one claim with values
has sufficient to keep him busy for
years extracting ore from ten-acre
lot.-Leadville Herald Democrat
A Breckenridge correspondent says:
Thursday the Banner placer people
got down to actual placer mining with
two large giants. The giants are sup
piled with water from a twenty-five
inch pipe line under head pressure
of over 200 feet. The pipe line is over
u. 900 feet long and in addition to sup
plying the giants drives Pelton water
wheel, which drives the dynamo that
lights the plant at night and supplies
power to run couple of concentrating
tables. The black sand OF the placers
of Summit county has been known for
many years to carry sufficient values
in gold and silver to make a good
grade of smelling ore, II the sand could
be saved reasonably clean from silica
and other waste. To accomplish this
saving, Col. l.. Kingsbury, the manager
Of the Banner company. has installed
a couple of concentrating tables to
launder the material saved from the
tailings by the use of under currents.
Assays made on black sand from the
adjoining property, the Quartz noun
tain. after the sand had been treated
with mercury to remove all free gold,
gave return OF over $50 per ton In gold
and silver. 1t is probable that the
black sand OF the Banner property will :.
prove to be equally valuable. AS the
black sand OF the Summit county
placers carries considerable iron and
some lead. It can be cheaply smelted
ut any lead smelter.