The Idaho Springs siftings-news., 1910-04-30
Silver Ring Resumes.

time famous Silver Ring mine in
Eclipse gulch on the south slope of Alps
mountain, is to be recovered this SUM
mer by a crowd of Braddock, Pa, cap
italists who have secured a lease and
option under favorable terms. The
property is to be equipped with suit
able plant of machinery for the driving
of long cross-cut tunnel to intersect
the vein at good depth below the low
est old workings, and laterals will be
driven along the lode to catch the con-
tinuation OF the large and profitable ore
body which yielded in excess of $780,
900 from the surface workings some
years ago.
The mine was opened by series Of
adits along the vein which were stoped
out to the surface, ard in the lower
adit winze was sunk following the
rich ore streak, but the inflow of water
made operations below the adit very
expensive. The ore shoot was lost by
the leasers (who had accumulated a
handsome fortune and were inde-
pendent) and from time to time in
years past Intellectual efforts have been
made to reopen the high grade ore
body. The chief difficulty has been the
vast amount of water which flows into
the workings. Not so feet above the
lower adit on the Silver Ring there is
spring in the gulch from which water
flows the year around.
The plan of operation proposed by
the Braddock pc ople includes the driv-
ing of a tunnel from point down the
gulch, which will not only drain away
all of the water from the mine, but will
serve as an outlet for the ore produc-
tion. The under taking involves the
outlay of considerable money but there
10 ample assuran ce that when the ore
body is encountered and the returns will
be adequate. Estimates have been made
for every foot of development work and
for the equipment and very likely most
of the work will be done by contract.
The country rock in the vicinity is ex-
tremely hard but machine drills will be
utilized and rapid progress will be made
The Silver Ring in its palmy days
was q prolific producer and the product
was of uniformly high grade. Ore
shipments records at the Chamberlain
Dillingham; Sampling works in this city
show that 23O tons of Silver Ring ore
netted more than s22, 900. the aver age
being a trifle over 1872 ton. One ship
ment returned $585 ton. AS the
greatest depth below the surface in
the Silver Ring workings does not ex-
ceed rs feet, the values are greater
than any ore disclosed in the surface
workings of the Lamartine. Little
Matte or Freeland mines at the same
depth. These three properties have
produced from $4,000, 900 to SIS, 900,
900 and but fraction of their territory
has been worked out The Silver Ring
is located on the same ridge and
vein system as the above pig
mines and in the same mineralized
zone as the Donaldson, Stanley Frac-
ton, Silver Horn, Humboldt. Katie
Emmst and many other productive
mines. Immediately adjoining the
Silver Ring are the Muscovlte and
Eclipse mines, the former being the
western extension of the Silver Ring
vein and the latter forming junction
on the south side. Both of these prop
critics have yielded handsomely in years
past under the leasing system, and
both mines will be made accessible 1t
additional depth through the Silver
Ring tunnel.
Toe company which has taken hold
of the Silver Ring is also interested In
mining properties in Idaho and is known
as The Braddock Gold Mining & Milling
company. The officers are: fresi-
dent, l. w. Duncan; vice president, M.
B. Scott: treasurer, E. M. Burd; secre-
tary, C. v: Pence. The balance of the
board of directors and many of the
stockholders are among the most prom
inent business and professional men IN
Braddoek, Pa, and the immediate VI
entity. The fact that a strong eorpor-
alton has secured such an excellent
property and one with the reputation
Of the Silver Ring is gratifying to To-
cal mining and business men.
Mr.. E M. Moscript is candidate Tor
reelection as . member of the school
beard for the full term. He has served
on the board for several years and is
therefore familiar with the duties and
responsibilities. His extended ex-
perence as school officer merits ap-
proval. There is no "hot air. IN his
methods, he gets down to solid business
ways and does things.