Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-03
MINING NEWS OF
WEST FOR THE
PAST WEEK
Some Important Strikes in
Colorado Solid Chunks Of
Gold Found in GoIdfieId- The
Jerome District,

Breckenridge. Colo-seldom has
mining men in this district than has
resulted from the discovery of another
big body Of zinc ore in the property
of the Reliance Dredging company,
adjoining the Wellington estate. The
strike vas made In the yours of
dredging for nuggets and flour gold
II Is estimated that the dredge has
scooped across the vein for twenty
feet. This vein is undoubtedly "A sis
ter vein of the siam, a heavy producer
exposed by the dredge last summer
Both bodies course down through the
wellington estate, and indicate "A con-
tinunnce for "A great distance of he
values already opened up in that
property The Reliance company Is
taking out as much as $1,000 a day,
operating one dredge a recent clean
up showed $1,000 worth Of gold.
Golddeld. Ney.-Chunks Of quartz
as large as a mans hand. and one
third Of their weight gold. are now
a commonplace spectacle In the Mo-
haWk-Florence lease. The richest
pieces are In the form Of h%oulders. the
gold does not merely form a coating.
but Is deposited heavily throughout
the mass. Veins of this character
are by no means frequent In this
camp. yet when they occur there Is
no mistaking them. and such IL the
condition prevailing in the Gold bar,
the Florence Reilly ana the c. O.. ID.
Ia the latter property II is not AT all
ssE4sarauN g., A4Ak nm tr.lA Ff4HtFafa Ms
large as grains OF wheat. these COM
ing from the 20O-foot level The c..
o. II. lease, held by the Kansas city
Goidfleld company. is being Nigor-
ously developed. The headframc is
completed. and air compressors are TO
be Installed at a very early date.
Denver. Colo.-The amazing growth
OF the mining industry can be fully
realized only by those who keep Ia
close touch with the leading camps
and who are also faithful readers OF
the mining news items hat are conn
handing larger ana larger space i'm
the press OF the entire country,
Scarcely a newspaper comes into Dem
yer but contains important informa-
ton regarding mining operations. and
the development of miutral resources.
Not only from All parts OF Colorado,
but from Idaho, Nevada. California,
Arizona and Mexico come these cNl-
dcnces 81 the new awakening \
vast army of men o. now employed
in these various fields. capital is
seeking new channels for profitable,
exploitation. the manufacturer OF
mining machinery are crowded with
orders that viii Keen them busy iur
months ahead. and stockholdor- ln
The producing compauic- aye steadily
taking their profits and keeping u
| sharp lookout for other aud stil more
lucrative Investment opportunities Boo
The mines and ul1cets just geo prrs-
emf the MnutcZuma district uf C1luTi-
du is commanding the lions share uf
attention aud favorable comment from
the mining press of This section Hui
indications point to- "a time Boo thc
early future when that temporarily
neglected bonanza viii come into ls
own and he named among be- hlg
producing camps with lradNIll. rrp-
rls creek and Goldnelf Thue, n,-f
informed are watching MHuirsuml.
and watching 80 clo.,Iy.