Amador ledger., 1910-04-22
MINE NEWS
ALONG LODE
Big Body of Rich Gravel
Ore Is Discovered
Near Volcano
Denend Gravel Claim

Denend Gravel Claim
A fine channel of pay gravel has been
discovered on the Denend claim, above
Volcano. The claim is located on a
small gulch leading in to Suffer creek.
While the bed of the main creek has
been exploited for gold through its
entire length and width, there are many
spots in the side gulches close to the
creek that escaped the prospectors Of
early times. The auriferous gravel un-
c1vered in the Deuend mine is one of
these spots. The gold-bearing gravel
is reported to be from six to ten feet
wide, and they took out over $500 in
side of two weeks, all in coarse gold,
picked up from the bed rock, without
general clean up of the sluices. Some
of the nuggets weighed from IS to $40
each. There seems to be a considerable
body OF rich gravel. The mine is operat-
ed by drifting, and ground sluicing into
string of sluice boxes.
Argonaut
The Argonaut mine reports another
new find on the 2S00 level 600 feet south
of main ore Shoot The new find has
been opened up distance of 30 feet
and shows an elegant grade of pay ore
This ore body is expected to be en-
countered again on the 5000 level where
it will be prospected for The lowest
drift in the mine is the 1900 feet. The
shaft however has depth of 34O0 feet
This mine has a very bright outlook
and promises to hold much good for
future developments about Jackson.
Bunker Hill
This mine paid its regular monthly
dividend of five cents per share on the
18TH amounting to $4,000 On Satur-
day last the drift that has been run a
the 1880 level to strike the main ledge
at that point was just entering the rim
of the ore body, and at any time there
after it was thought the ledge might BIZ
broken into All indications were
favorable for continuance of the fine
showing met with in the 1880 level,
which has opened cut even better thar
the most sanguine expectations, had pre-
dicted The clean up for last month
was about the same as the month before,
leaving coed surplus after paying the
monthly dividend
Kennedy
For last month the Kennedy company
paid a dividend of twenty five cents Pc
share, amounting to SIS, 600, represent
ing the net profits of the month run
This would indicate a probable gros:
yield of between $50, 900 and 500, 600 fo
the 100 stamp mill, which is flatterin!
showing for that many stamps. Tht
Kennedy is the only mine in the histor,
of Amador county that gave employment
to that many stamps. And they have beel
kept running steadily since the big mil
started eight years ago, eating up abou
500 tons of ore per day.
SupSl lHtSlINSIll OlllIlll VI lllS NClllICN
mine has gone to San Francisco for
few days to attend the monthly meeting
of the directors of the mine.
Keystone
This mine is running along steadily
the company is faced with tinancia
problems to furnish ready money witt
which to meet pressing obligtions, an
pay the wages of employees. Everythin
on the surface and in connection wit
the machinery is in excellent order
The mine was never better equipped t
handle ore than now The urgent nee
seems to be development work. 1t i
a comparatively shallow mine. fiftee
hundred feet is the deepest poin
reached although it has been in contin
uous operation from the Inauguration 0
quartz mining in Amaqdor in pionee
days. During large portion of thi
time it has held the foremost place as
gold producer. There is nodoubt in tn
opinion of expert miners that it woul
resume its place in the front rank
developed to greater depth.