Gilpin observer., 1905-06-22

Tribute tnlS SLOW DuC sure increase 10
new smelters around the state and
country. At the same time a noticea-
BILE dedcrease has been felt in the out
put from the Joplin zine mines in Mis-
souri, for years, the place from which
most Of the zinc has come. At pres
ent neariy the whole country is sup
piled with zinc from Colorado, and
particularly Leadville. This mining
men look to be increased with the ad-
vent of better magnetic separators.
which will treat lot of low grade
zinc material existing at present in a
number of the mines in the camp with
out means of treatment. When the
Yak mill is running full next month
with its magnetic separators an even
greater amount of zinc concentrates
will be handled than now.
After spending about $4,000 in i'm
provements, the tramway OF the Penn
Wyoming Copper Company at Encamp-
ment. Wyoming, has been put in oper-
alton and is now carrying ore to the
smelter. This is the longest aerial
tramway in the world and is a great
attraction for sightseers.
A Grand Encampment, Wyoming.
dispatch says: The smelter of the
North American Copper Company will
blow in in a few days and will during
the summer and fall, handle 600 tons
of ore daily from the Ferris Haggarty
copper mine at Battle Lake. The out
put this year will be more than double
that of previous years.
The C. X. and N. is the deepest shaft
on Beacon hill from a point OF eleva-
ton above sea level. The vein carries
the water course and dips into the
shaft about 800 feet below the present
drainage tunnel level. The Ell Paso
adjoining will take care not to cut the
c. X. and N vein in it's lower workings
and by remaining away from 1t will be
able to continue sinking to any depth
they desire.
Big Evans is looking up again and
promises new work of Importance
within a few weeks on some OF the
older properties. The New Monarch
Gold Mining Company is the most en-.
couraging proposition in the district.
Two claims, the Winnie and Cleve-
land, are busy and the Monarch is soon
to open up. The Resurrection is going
to pumping on an extensive scale this
week; the Brattleboro, Gold Basin.
Ohio and Leadville and Favorite are
shipping. and the Silent Friend and
Little Ella will soon commence. The
Silent Friend is sinking, the Monarch
and Ohio and Leadville No. 2 are about
to do So and there is considerable
prospecting and development work 60
ing on on the Forest City and others
Leadville Herald Democrat.
1t is officially announced that the
Granite Gold Mining Company will en-.
ter the list OF Cripple Creek dividend
payers in July The dividend will be
declared on July 1st. and paid July
18th. 1t will be at the rate of l cent
per share, or S12.500 per month. Re-
Gently the Granite added to Its hold
ings by the purchase of the Monument
mine. which adjoins its own property
on Battle mountain. A new ore body
has been struck in the Granite claim
at a depth of 1000 feet, which is 200
feet below any of its previous work
ings. This new shoot has been opened
for length OF over 200 feet. and
is important not only to the Granite.
but to the district at large. as 1t Is an
other proof OF the continuity OF Cripple
Creek ore bodies with depth.
The Denver Republicans correspon.
dent at Ouray says: Manager w. ].
Hammond. Jr., of the Treasury Tunnel
NJ and r. Company was in Ouray q
fews days this week en- route to the
mine. where extensive Improvements
are in progress. This company has
already invested in its mining and mill.
ing plant not less than $350.000 and is
engaged in excavating for an addi-
tional twenty stamps. Ten stamps are
now at work, ten more are on the road
and the order is in for steel for the
ortN vx.kt kt1l. xsrth hn
housed in steel building. This sum-
mer the daily mill capacity will be
twenty-five to thirty tons OF concen.
trates which. 1t is Understood. will run
better than $50 to the ton. and will be
outputted from the forty stamps. The
entire plant will be operated with elec-
tricity, which will likely be purchased
from the Telluride Power Company.
The Idaho Springs correspondent OF
the Denver Republican. under date OF
June 18th, says: The contract for
driving the extension of the Big Fives
Central tunnel was awarded to II. w.
McGillvray Of Idaho Springs yesterday
afternoon. 1t is one of the largest con-
tracts ever let in this district. It re.
quires the driving OF the Central tun-
mel distance of 5000 feet at the rate
of from $50 to $50 feet per month.
There were nine other bidders. The
cost of boring and tramming will be
about S11 per foot while the total cost
will be about SIS per foot, or $4,000
for the 5000 feet. This,tunnel will cut
many good lodes. among them the
Crown Point and Virginia mines, on
which Mr.. McGillvray has an option.
These will be cut at depth OF about
1000 feet. The completion OF this con-
tract will be of great benefit to the
Idaho Springs district owing to the
large number of good mines through
which II will pass. The contract re-
quires that when the contractor Is
ocLod by kbn ntbar rtv uha chol1