Semi-weekly herald., 1911-06-01
BuYINC yANApIUM pRopERTy.

DENVER, Colo, May 29.-Exten-
sive purchases of vanadium property
by the Primos Chemical company are
reported from San Miguel county.
This company has secured $40 acres
from George Nixon and W. ii. Staver;
800 acres from Frank Ripley, George
Ripley and Ed Schid; and about 600
acres from other owners. The tract
lies between Fall creek and Bear
creek on the south side of San Miguel
river near Newmire station on the
Rio Grande Southern, and is within
the vanadium belt, although part of
it has not been thoroughly prospect
ed. The Primos company holds a
lease on the claim and mill Of the
Vanadium Alloys company, and is the
only concern at present reducing va
nadium ore in Colorado. The General
Vanadium company is buying and
shipping to Liverpool. The Crucible
Steel Mining 4 Milling company of
Pennsylvania, through its agents, J.
B. johnson and r. II. McMillen, has
bought in the vanadium belt the Har-
mon lode from Tom Bradley; the
Gopher lode from Tom Bradley and
Edward Finnegan; the Lone tree, Jen-
ME Lind, Iowa and Jumbo claims from
/. B. lines; the Mammoth load from
p. V. lines.
A benefit fund for its employees has
been established by the Liberty Bell
Gold Mining company which is oper-
ating in San Miguel county. The
fund is intended to encourage good
service and length of service, and to
provide blanket insurance against
sickness and accidents.
Carl w. Gage and Geo. W. Moody
of Durango have taken lease on
some copper properties near Rico in
Dolores county. E. F. Burdick re-
Gently made a report on the prop
critics. According to old smelter re-
ceipts, shipments have been made run
ming over 38 per cent copper per ton,
the ore being roughly hand sorted
Several sets of lessees are shipping
from the Capital mine in upper Clear
Creek county. j. Fade recently sent
out thirteen tons for which he receiv-
ed settlement of SLIGO A ship
ment of fifty tons of smelling ore
has just been made by the Baird Creek
Mining company from the camp that
was opened up last summer,
Expert metallurgists are engaged
ON the problem of working out an eco
nomical treatment for the low grade
zinc carbonate ore Of Leadville. Ship
ments of zinc carbonates, the exist
ence of which in large bodies was not
discovered till last year, have already
added largely to the Leadville produc-
ton, and it is believed the increase
can be made much larger with i'm
proved metallurgy.
The old dredge rebuilt and put in
operation late last season by the Colo
RADIO Gold Dredging company in Co.'S
tilla county is now working success
fully, and a profitable run for April
is reported. The gravel is averaging
about Is cents a yard. The success
Of the enterprise bears out the pre-
diction made in the report of the state
geological survey, which attributed a
former failure entirely to inadequate
equipment
Fitzpatrick & Company, leasing on
the old Int0r Ocean mine at Sunshine
in Boulder county report the redis-
covery of a vein that has been lost
for five years. The vein is said to
be -four feet IN width and the first ear
load shipment ran $50 in gold per ton.
The grade of the ore is improving ac-
cording to latest reports.
Plans to use diamond drills in the
heading of the deep drainage tun-
mel at Cripple Creek are under consid-
Grafton. 1t is believed that additional
water courses can be located in this
way at a minimum cost. The flow
from the tunnel is about 5000 gallons
per minute.