The new era., 1911-07-13
Coiordoo'

Z
Colorado.
Work has been resumed on the
Melted Gem property at Bowerman in
Gunnison county.
a force of twenty men is being en-
ployed at the Santiago mine in East
Argentine in Georgetown district and
shipments will begin soon.
A number of runs have been made
by the Rankin plant at Lake City on
the Black Crook ore and the results
have been very satisfactory.
Dividend checks have been mailed
TO stockholders of the Elkron Com
pany of Cripple Creek. of record June
1ith- The distribution was III cents
share and totals $37.500.
A sixteen-foot vein of heavy zinc
lead ore was recently discovered in
Box Canon in the Kentucky Mining
Company's tunnel in Gunnisou count.
a, point 220 feet from the portal
Red Mountain, in Ouray county, re-
ports a splendid strike OF good grade
ore in the Kansas City on Cement
creek. the last car going $1,000. The
ore body is said to be four feet in
the breast.
Henry Won Phul and associates have
shipped a car OF milling grade ore
from the Fair Chance property on
Gold hill, Cripple Creek. taken from
the extension of the Rankin vein and
mined at grass roots.
The Chase mine, in Russell district,
has shipped ten tons of ore to the
Golden smelter which returned s5s
gold and 1S.15 ounces of silver per
ton. Other shipments from this mine
returned $40 10 $50 per ton.
The company working the Mountain
Monarch property a, Perigo, in Gilpin
county, are making good headway in
sinking and nice vein has been cp-
ened up the full width of the shaft,
and carrying good assay values
The Mitchell mine, on Bull hill.
Cripple Creek. will be started up in
side OF thirty days. according to late
cistes OF Victor and Pueblo. who hold
a longtime lease on this property.
Coffman and Turner are pushing
work on the Sun and Moon near Sun
shine. in Boulder county. The water
in the lower levels is practically out
and the mine shows every indication
OF being able TO ship a good tonnage
of high grade ore.
The usual shipments are being made
from the Maggie mine on Raven hill.
Cripple Creek. under lease 10 Carl
Johnson, and the output will average
from two TO four cars week The
ore is settling at about four or five
ounces to the ton
AS result of lessening demand
for tungsten from steel plants, tung-
stem mining in Boulder county has
fallen off materially in the last few
months. The tungsten mines are turn
ing their attention TO prospecting for
gold. with good results.
a short time ago the prediction was
made that the richest ore had not
been found in the Royal Flush at
Hahn's Peak. and that the closer the
south DRIFT got to the main peak, the
richer the ore would be- This has
been proven, and strike of phenome-
nal richness has been made. II is said
that the Gre as broken. without sort
ing. would pay to ship TO outside
smelters, regardless of the high cost
of transportation All ore taken out
IS being saved to be treated by the
company's own mill, which will soon
be erected at an expense of $4,000
II will be modern in every detail and
be built so near TO the mine that the
ore can be transported TO it at small
cost
Dyer & Co, lesees on the Trilby,
Cripple Creek. who recently opened
shoot OF ore on the fourteenth level,
have drifted upon the vein. which is
now three feet wide and values uni
form across it. Four cars have been
shipped. returning about 800 per ton
Ed. Cookery, mayor of Beacon hill,
who has lease on the Prince Albert.
has shipped two cars from a new
strike, getting settlements OF over 500
per ton Walker < Bentley, operating
in the main Prince Albert shaft, have
shipped two cars of smelling grade
ore
The state railroad commission has
authorized a reduction Of all low-grade
ore from May Day. on the Rio Grande.
10 Durango. The reduction amounts
10 twenty-five cents q ton The de-
creased rate on ore is expected TO give
confidence 10 promoters in the south
eru district. and other reductions
probably viii follow.