Gunnison news-champion., 1912-08-02
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f'~rs
correct
William GssaneT. one II che p.r
ehsssrs II the kessnse ussss .s,ass
Ohio Cs's. and ksM~elf the s1pcrsa
tend Q. the psepsrty 81 pr~.ens. ~.s
sAlkias wast the editor II Ne~.
CsAmPsen, On recent trip ~ I,snser
sbous she Uiae.
Hs he'd esprs..ea h.m.eH a.
highly pleased w.,h the d<vsispment
wost doae IN the Isss month and wse
expanding the ssbject 10 take IN the
mosntssa on which the Revease 10
lossssd. lie vented - be under
sssOd - ussssiy s~sesssias . po....
bslssy, not Pssdacting whsi would
eccSr - tact
|Og that mountain" said Mr..
Gardsaer, "shere is the lsrses, ledge
os,csuPpins | have ever seen suy
where We have tested the vein IN
csrsory way and fnd that IL ex
tends practlcslly over the entire sur
face. l would not be sarpr,sed to
Ind that the vesn is | go feet wide
The ledge is at least sixty feet thick.
IL that ve,n should prove 10 be
1000 feet IA thickness. IL would hot
be surprising 10 develop a mine there
that would produce l0,ooo tons Of
ore a day. Further, it would be
easy to Imagine mine employing
5000 men. This, indeed would be
the biggest gold mine in the W ,ole
world, and would naturally develop
tine biggest camp. If the ore should
test from ~ to 81 per ton, You
would have to estimate the yield in
millions Now ] want TO make IL
plan: ] do not prophesy that such
mine will be opened there. 1t is
too big a thing even to dream of,
But it is among the possibilities.
Mr.. Gardner has had side ex-
per'ence in mining. From British
Guiana In Soath America, where the
surface of the minee are below sea
level. TO South Africa, and then into
the United States the trail must 60
70 hllow HE footsteps. Mr. Gardner
was once in charge Of the mill at the
Homestake mine, owned by the
Hearsts, in the Black Hills country.
That is one of the biggest mines in
the world, with the biggest vein.
The Homestake vein measures 365
feet. The mine produces 4,0Oo tons
Of ore daily and supplies material for
1000 stamps, The ore runs, at the
best, $3.50 per ton.
Before taking over the Revense,
Mr. Gardner was in the real estate
business in Denver. A group of
real estate spectators had offices in
the same rooms there, and they be
came closely associated through
trading. A friend of Mr.. Gardner's
had told him about the Revenue, and
asked him to come over to the Gun
nison country and look over the
property. After several months of
persuasion, the fr,end impressed Mr..
Gardner, and the latter interested
his real estate friends. The result
was trip to Ohio City and later to
Gunnison where the deal was closed
for the purchase of the mine in the
Office of Attorney Z. NJ Nourse.
The purchase price was given out as
S25,O00. Mr.. Gardener hinted that
the property cost him and his friends
S35,000.
"We own it together" said Mr..
Gardner. at is not for sale. We
think so well Of it that we are will
ing TO risk our whole investment to
develop it, There will be no stock
ISSUED, and naturally none for sale "
Mr.. Gardner was on his way 10
Denver to test some of the new ore.
Facilities at the mine are not as good
for assaying as IN Denver. Mr.
Gardner stated that he would not be
satisfied until he had installed
cyanide plant at the mine. Such
plant he declared would save from
90 to 81 more ON the ton. This
was one of the Developments of the
T.. L IL