The Idaho Springs siftings-news., 1912-05-25
WESTERN
MINING NEWS
THE TREND OF METAL PRICES
Colorado.
IN q r ( =


since the good weather has set in,
the mines in and about Freeland have
gotten busy.
The Stratton estate has leased the
ABE Lincoln, in Poverty gulch, Grip
PIE Creek. to A. Hahnewald and broth.
or OF Leadville and work has com.
menced.
Inc Gold Dollar Mining Company of
Colorado Springs will pay 8 dividend
June of $12,50o. This is the first div.
ident the company has paid In several
months.
IN the Hoosier mine on Tenderfoot
niii' Cripple Creek. new ore shoot
TWO feet wide has been opened on the
loo-foot level and is being drifted on.
Inc ore will run about $50 per ton
when roughly sorted.
Recently a deal was closed transfer.
ring ownership of the Revenue group
OF sixteen mining claims, located in
the Box Canon mining district, be.
tween Pitkin and Waunita. The con-
sideration is given out as $4,000.
Good headway is being made in driv-
ing the lateral on the Phoenix Bur
roughs vein from the Newhouse tunnel
In Clear Creek county, to a point un.
der the deep shaft on that property,
and about 100 feet has been finished.
In the Matheson lease, on the first
level OF the American Eagles mine ON
Bull hill. Cripple Creek, ore has been
opened in three places and in one
place. after raising about seventy feet,
there is five feet of ore of milling
grade.
The water is down to the bottom
level, it is said, in the Golden Cycle
shaft, Cripple Creek, but the pumps
are lifting between 200 and 400 gal
tons minute. Work has been started
in levels Just recovered from the
water.
Notwithstanding the fact that the
winter, market for coal is no longer a
factorj the shipments from the Oak
Crek district during the month Of
ApriN reached the splendid total OF
1855 railroad carloads. This is more
tha| twice the amount sent out in
Apfil Of last year, and 200 carloads in
excess of either February or March.
Never until last December had SO
large a total ever been reached in
4 single month, and this figure was
exceeded in the amount of output only
by the month of December and Janu-
ary. May. however. promises to run
even higher.
One of the best mineral discoveries
that has been reported in many day
from Sherman mountain, Georgetown,
is to be credited to the Frostberg
property owned by the Old Estate.
The ore was found in carrying raise
from the upper working. body OF
galena having ben uncovered that is
from ten to fourteen inches wide, as
says showing values of IT'S ounces sill
yer a ton and 35 per cent lead. The
Mendoza mill, which is being operated
on ore from the dumps of the mine. as
well as from material secured from
rumber OF Slopes above the Victoria
tunnel, level, is doing excellent work
and from ten to fifteen tons of con-
centrate OF lead, zinc and iron char
acter is being finished daily. Louis
Just, a pioneer operator, has one OK
the best paying blocks of ground In
the Mendoza workings. The ore body
is from sixteen to twenty inches wide,
eight inches of which is a smelling
product returning better than $1Oe
ton in silver and lead. The balance
of the ore is sent to the Mendoza mill
for separation and excellent results
are being realized.
No mill in Clear Creek county is
making as great saving in production
as the Capital at Georgetown. During
the past month from $3.50 to $500
worth of amalgam has been taken
from the plates daily. Sixty ounces OF
amalgam, averaging from 81 to 50 an
ounce. is secured by operating the
plant on one twelve-hour shift, while
from twenty to thirty tons OF concen-
trate Of lead, silver and gold is also
obtained. The average value OF tnls
product is said to be $40 ton. Heavy
shipments of smelling ore are gong
ont. On the 450-foot level stopping is
under way and a streak OF ore is snow
ing for 1O3 feet that is eighteen lncnes
wide. Returns Of $50 ton in gold
and silver have been received. Those
on the inside say the production from
this source is close to $4,000 or $5l'-
e5o each month. Were not operations
retarded by the raise being carried
from the tunnel level to the surface
a distance of 100 feet, the output
could be more than doubled.
Th. Colburn mill on Battle noun
tain. Cripple Creek, operated by the
Ajax company, is running full capac1-
~ and treating about 140 tons a day OF
low grade ore from the mine.
From the Darnell lease on the FL
Paso. Cripple Creek. which is a sur
49,. h,ocL inst west Of the main SHAFT,