Gilpin observer., 1911-10-12
ERN
MINING NEWS
IN BRIEF
Western Newspaper Union News Service
THE TREND OF METAL PRICES
Colorado.
IN 3 r ! E F


Cripple Creek, shipped seven cars of
good ore in September.
The Silver Wave mine, near Dillon,
producer in 1888, is becoming regu-
lar shipper of heavy lead-silver ore.
The Castle Rock mine, in Quartz
valley district, has resumed opera
tions after shut down of several
years.
The O'Reiley Mining Company, in
Summit county, is pushing its main
tunnel into North Star mountain with
satisfactory results.
An output of sixty tons day was
maintained in September from the
Vindicator No. l shaft, Cripple Creek,
the ore averaging about $50 per ton.
There are many former gold pro-
ducing properties in Summit county
awaiting the advent of modern cya-
nide treatment to again become pro-
ducers.
The Jersey Blue Mining Company,
owning property in the Daily district,
eight miles north of Empire, has been
put under way after suspension
of eight months.
tine is the scene of an i'm yortant dis
covery, a body of lead ore having
been uncovered that is ten inches wide
and assays $40 per ton in silver and
lead.
The Buffalo Gold Placer Mining and
Milling Company, owning large acre
age of rich placer deposits about a
mile north OF Dillon, has it's steam
shovel excavating and gravel washing
plant running full time. President l..
Kingsbury says the recent cleanup
showed that the plant was securing
fifty cents gold per cubic yard.
A rich discovery has just been made
on the Ruler property on Griffith
mountain, Georgetown, a body of ore
fourteen feet wide having been uncov-
cred that carries 500 per ton in gold
and silver. Running through the big
mineralized ore body is streak of
solid smelling material eight inches
wide that assays 30S ounces silver and
2.40 ounces gold per Ton.
Carl johnson, lessee on the Maggie
mine, Raven hill, Cripple Creek,
shipped twenty-five cars in September,
the average value of which was bet
ter than $40 and is said to be close to
$50 per ton. The regular production
is being maintained and development
is kept ahead of the output. There
is plenty of ore in sight to maintain
this tonnage for some time.
A streak of ore six inches wide has
just been uncovered on the Vesper
property on Mcclellan mountain,
Georgetown, that runs $104 gold and
10S ounces silver per ton. The ore
is an iron pyrites and yellow copper
similar to that being mined on the
Santiago, one of the greatest produc.
ers in the upper Clear Creek district.
The Pittsburg mine in Russell
Gulch, Gilpin county, is undergoing
extensive development, good ore is be-
made. A lot of smelter product
shipped recently carried 1913 gold,
1850 ounces silver and 11.sO per cent
copper, total of s326.63 per ton, and
another lot returned $214 gold, 12
ounces silver and 1850 per cent cop
per, or $3.50 per ton.
That there is revival in the min
ing industry in Gilpin county and a
brighter outlook is indicated by the
numerous properties that may have
started or are being put in shape for
early resumption, in all sections. They
are not prospects, but old mines that
made a record for production, but
have been closed down for years by
litigation or other causes and can soon
be added to the list of shippers and
dividend payers.
Considerable development is being
done at the Sidney tunnel, the portal
of which is on Pendleton mountain,
Georgetown. Operations are centered
on the ontario vein, interesected 2,125
feet from the portal OF the big bore.
Drifting is in progress to the north.
west and body of ore followed that
is twelve inches wide and runs $40
to $40 per ton in silver. lead and zinc.
The Wellington Mines Company's
property. near Breckenridge, is max
ing an excellent production. The con-
centration mill is turning out fifty to
sixty tons of good concentrates per
day. new magnetic separator is in
tended to Separate the zinc. iron and
lead mill tails being impounded. The
main shaft Is to be put down an addi-
tional 800 feet. Three shifts are work
Ing in the shaft.
The King Solomon Company, oper-
ating at Frisco. has its big tunnel in
over a mile. Its monthly payroll Is
$4,000. Southern investors, princi-
pally, are interested. The tunnel has
crosscut eleven veins. A drift has
been started on a streak of "steel
galena and copper ore ten to twenty
four inches thick, worn $50 per ton
West of the tunnel line the main drift
ON vein No. IL shows twelve to fifteen
inches of good lead ore that runs well
In gold and silver.
The Standard mine, ON Gibson hill,
In Summit county. recently opened a
three-foot ore body on the hanging
wall. 1t is heavy lead carbonate
that shows chloride Of silver and car.
ries half an ounce in gold per ton. 1t
Is estimated that the ore will run
about 500 per ton.
A strike of fine sylvanite ore run