Gilpin observer., 1908-01-02
OLD TOWN MINE
Connection Made With Hot
Time Lateral---l9O7 Pro-
duction Big.

has the Old Town mine, situated in
Russell gulcn, in the very heart of a
large gold producing center. This eel
ebrated property has been paying div
idends for several years and at the
same time the output has been such
Perhaps more development work has
been done during The past year than
at any period in he history of the
mine.
Last year the shaft was sunk 100
feet and the Hot Time lateral which
extends from the Newhouse tunnel,
was run a distance of 2.492 feet. Lev
els within the past twelve months
have been driven to the extent of 2,170
feet. In sinking the shaft a record
for the district was made. Sinking
was started in February from the 1,400
foot level to make connection with
the Hot Time lateral. The required
depth of 100 feet was sunk in about
nine months. the connection being
made during the fore part of Decem-
ber. An average sinking speed of 172
feet in thirty-nine days was maintained
in one shift Of actual sinking and two
shifts mucking e, cry twenty-four
hours.
The shaft, which is an incline, is
now complsiod the entire depth of
2,190. Frorl the 1,500-level down two
sklps are in operation, the main skip
running the entire depth of the shaft
from the surface. The smaller skip
operates only from the 1,500-level down
to the lateral. The skip from the l.,
500 is operated by an electric hoist,
this hoist being among the additions
made this year. This hoist has ca
pacity of thirty horse power.
In all pats of the Old Town good
ore bodies are exposed, but in the l.
500-foot level, the showing is excep-
tionally good. Here the ground has
been stopped I distance of 800 feet, be-
ing opened I'D down to the 1000 level.
In this stope there is an enormous
amount of ore, both milling and smelt-
ing. The mill dirt averages SIS. The
smelling streak is about a foot in
width and the ore runs about S100 to
the ton.
During this year the company will
drive the 1,G00, 1,S0O and tunnel levels
west of the Rocky Mountain Terror
lode, owned by the Old Town people
To reach this lode great distance
levels. In the 1000, which is now in
1,a00 feet. further distance of 500
feet will have to be driven.
There are over fifty men working
days pay on the Old Town and sew
enty-five lessees, and as is to be sup
posed by tie large production record
of the mine, big money is being made.
In 1907, up to the middle of December,
the total ore sales amounted to $685.
SS5.52, the tonnage being 20,719.4S
The company ore sold for s106,572.S2
and the les5aes received for their ore
s1O3, ,260.5O.
According to the manager, Geo. X.
Kimball, the company contemplates,
within the year 1908, the erection of
large mill ut the dump of the New
house tunnel to treat the ore from
their property. A large quantity of
the ore will be sent out through the
! tunnel and transportation through the
large bore will commence on an ex-
tensive scale as soon as the electric
wires are strung in the Hot Time lat
eral. In 1897 $4,000 was expended in
new machinery equipment it becoming
necessary 10 replace the old steam
roist with new Leyner of $50 horse
power, beslies three 75 k. W. trans.
formers and the electric hoist at the
1,500foot level. The addition of new
machinery is an expense that the
company will not have TO contend
with during 1908 and with the mine
in the condition 1t is now in, the out.
put of ore doubtless will be doubled
during the coming twelve months.
Manager kimball has made a good
showing during the past year and
has put the Old Town in shape to re.
tain its reputation as being one of the
best dividend payers in the state for
years TO cone. Yesterday he invited
the mining men of this and Clear
Creek coLntL to join him in celebrat-
ing the completion of the connection
with the H)l Time lateral. The invi-
tation was pretty generally accepted
and those who visited the mine were
shown through the workings and
given ride in the Hot Time lateral
and through the Newhouse tunnel.