The Idaho Springs siftings-news., 1908-05-09

ment through the very rich surface
quartz found at grass roots and which
led to great deal of prospecting for
miles around that locality. The Gold
Leaf produced a great deal of high
grade gold smelling and milling ore; a
stamp mill was erected and operated
successfully for a number of years.
Finally, like many of the older proper
ties, water appeared and was too ex-
pensive to handle.
The Denmark tunnel will serve to
place the entire mountain upon prac-
ticai mining basis, in that it will afford
natural drainage and at the same
time bring all the ores to surface on
Chicago creek and to the company mill,
which is situated at the tunnel portal.
The Gold Hill group comprises 27 lode
mining claims, all situated on Gold hill.
Besides this, the company controls a
3O-ton mill, thoroughly modern and
adapted to the ores of the group. This
mill is built in units and is in charge of
a practical mill man, and aclose saving
Values ID oCIdkCd lHC WdtCf PONti
owned by the company enables the
operation of the mill the major per ton
of the year at a nominal cost.
The proposition is now at the stage
when early and profitable results may
be looked for, under conservative and
business-like methods. We understand
that the supervision of the mine opera
tions has been given to j. ]. Hoban,
who has a wide experience in that line,
not only here but in other camps. He
has had charge of different enterprises
here and has marketed great deal of
ore. He is acquainted with the details
of mining in all its branches and enjoys
an intimate knowledge Of the section
and it's ores that the tunnel will pierce.
The company's mill will be operated by
Thomas Egan, one of the oldtime min
ers, who has been signally successful in
this district, being one of the largest
individual ore shippers in the camp, and
particularly from the Gold hill section.
At recent meeting of the company
prior to the re-starting of systematic
working of the tunnel and mines, it was
ecided to place a limited amount of stock
upon the market, the proceeds of which
will be Used exclusively and conscien-
tiously in development lines. We un-
derstand that very little stock will be
offered, as it is thought the proceeds of
the ores now opened and to be opened
by the work now planned will be suffi-
cient to soon put the enterprise on
basis.
The property is located in what is
conceded to be one of the very richest
free-gold sections of the Idaho Springs
district, and conducted upon right lines
is bound to be winner.
The Denmark tunnel, like many other
well-known mining propositions in their
earlier history, has had its vicissitudes,
but it is to the credit of the stockhold- |
ers of the enterprise that their faith
has never wavered as to the excellency |
Of the property. They are behind the
present operations, and we trust and
believe that under the proposed conser-
vative and energetic exploitation and
mining operations they will realize
upon their investment.
A local pool, consisting of Nelson,
Johnson and others are getting out a
shipment of ore from the Albro mine
that promises richer returns than ever
Defoae. This property has proven its
large ore bodies and interested parties
expect to get big results.