The Idaho Springs siftings-news., 1909-02-13
Metal Quotations
February 13, 1909.
600 oooooooooooooooo
Banner consolidated.

banner SOnSO41oAv00.
The Banner Consolidated company
is always on the progressive move.
The development work is going on
constantly in some portion of their
very extensive holdings. Their proper
ty embraces some of the very
best mineral veins to be founnd in the
Lower Clear Creek district. The
work has been done in thorough and
systematic manner and every shot
is made to count in the most practical
manner and to the direct advantage of
the mine. The Rockford tunnel, which
has its portal on Clear Creek will cut
some 45O feet below the level of Trail
Creek where the Centurion tunnel has
its origin. The Donaldson drift is pro-
Jected from the Rockford tunnel to
connect by an upraise with the Cen
turian. A portion of this drift has
been completed and the work has been
temporarily suspended, pending which
the drills are at work on the Road
Adit and in which the management is
now concentrating its principal efforts.
Some twenty years ago leasers drove
this adit in a distance of about $50
feet. Most of the way was through
good paying ore with here and there a
barren spot. They stopped working
on account of the ore pinching out but
not until about quarter of million
dollars of the precious metals had
baap n ont The ,,bo~, +h,,n
leasers stopped was at the intersection
of the Road adit and the upraise to the
Centurian tunnel, which has recently
been completed
The present management started at
this point and is now driving east.
While the starting point was barren
yet with each days work the condition
are becoming more favorable, the
| values are increasing as is shown by
the assays and water is beginning to
flow freely from the vein. In fact
everything is showing up in an excel
lent manner and a good body of pay
ore is liable to be opened up any day.
The level that is now being pushed will
pass through section of fine mineral
ization that is 500 feet high and 1000
feet in length. 1t will cut the ore shoots
some 500 ft. on the dip of the vein below
Level No. 3 where large bodies of rich
ore, amounting to over $3.50. 900,
were taken out of the Champion vein.
theory that these same rich working or
ore shoots will be cut 1t is the III
tention to make an upraise from No.
to the old workings of the Champion.
Five years ago Manager Fred Nye
took hold of the Champion vein or
rather of the Centurion company.
At that time there was no better
showing than is now found in the Road
adit where the work is going on.
By exercising good judgement and
proper management he opened up
POCKET Of ore that yielded approx
mately 5000, 600 >in eighteen months.
He believes that given similar condi-
tions and allowed to push the work in
his own efficient manner, he can du-
plicate this record.
The company is entitled to the
greatest mead of praise for their pro-
gress and confidence during the
past two years of financial stringency.
Their confidence is well founded for
buried in their various claims are for
tunes awaiting the proper develop
ment in order to bring them to light.
The officers are men who believe
in doing things and not waiting for
something to turn up