The Idaho Springs siftings-news., 1912-03-09
WE ERN
MINING NEWS
IN q REF
Western Newspaper Union News Service.
THE TREND OF METAL PRICE.
Colorado.
IN 3 RI & +

|
David Kennedy. owner of the Cen
tennlal mine on Leavenworth noun
tain. Georgetown, has sold his hold
tngs for consideration of $125,00o.
| The United States Gold Corporation.
the people who are erecting the 150-
ton cyanide mill in Boulder. will soon
have the plant ready to handle all the
ore offered
In the Baker mine in West Argen-
tine there has been started a drift on
a streak of solid ore nine to fourteen
inches wide. assaying $l60 in gold.
silver and lead
The sale of the Josephine mine at
Georgetown by trustee in bankruptcy
has been postponed until March 10.
The property is considered one of the
richest in the upper Clear Creek dis
trict.
The Clyde property at Camp Besh-
cars IS making a fine showing. In the
incline shaft now down sixty feet
streak of $50 gold bearing ore is show
ing. There are nearly 100 tons on the
dump.
| uC ShuSSleT OulOu hlullS SoLipa-
ny at Telluride is installing cyanide
filter and agitation plant for the treat
ment of tailings and shines, the latest
innovation in the cyaniding process. at
cost of 100000.
The new ore shoot at the Elkton
mine. Cripple Creek, has been found
to be very rich The width of the ore
| ;- n-ith Thara
is now 1000 feet of ore which will al
low mining for some time.
I Several idle stamp mills in Gilpin
county will be started this year.
The Galena mine, in the heart OF
Central City, has been added to the
list of regular shippers and the les
sees stand show of making good
profits.
Leasers on the Pelican mine,
Georgetown, have started drifting on
streak of solid ore four to SIX
inches wide that carries IT'S ounces
silver and twenty-five per cent. lead
per ton. This shoot is showing fol
thirty feet.
A recent shipment of eighty tons o.
mill orc from the Egyptian mine, OF
Quartz hill, in Gilpin county, returned
81 900 pounds of concentrates which
yielded 2.S4 ounces gold, SAG ounce:
silver and ZIG per cent. copper, to
tai Of $50 per ton.
A gold retort weighing 100 ounces
and which is worth SIT an ounce ha:
been sent to the Denver mint from the
U. P. R. mine in Gilpin county. The
tailings from this ore returned S50I
and the two products gave the opera
tors neat profit over their operating
and other expenses.
The present output of the 81,
Points, Cripple Creek, is from eight tt
ten cars month, running from $1Ot
to 5000 per ton, and there is enough
ore in sight to permit present opera
tions for some time. A vein has been
encountered and it is said it will be
necessary to drift fifty feet farther
before opening the ore.
The increased flow from the portal
of the Roosevelt deep drainage tunnel
at Cripple Creek, with steady stream
spouting distance of fifteen feet
from one of the drill holes, is taken as
a good Indication that the main water
course is near at hand. The tunnel
is new 16,752 feet long and the under
ground lake for which the tunnel has
been driven may be tapped at any
time.
Rich silver ore is being shipped
from the Michigan mine in the
Hughesville district, above Black
Hawk. The Michigan has a shaft OF
only seventy-five feet deep and a
streak of mineral six to eight inches
wide carries values Of 500 ounces sill
yer to the ton, while in the bottom OF
the shaft body Of mineral eight
inches wide runs $500 ounces silver to
the ton for the first class and 1000
ounces for the second class.
The War Dance mine in Russell
gulch in Gilpin county recently
shipped carload of eighteen and one
half tons of first and second-class ore.
The first-class returned $3.50 gold per
ton and ten ounces silver and the sec
ond-class returned $120 gold per ton
and four ounces silver. Eighteen leas-
ers are at work in the mine and sew
eral remarkable strikes have been re
ported. The War Dance is being op-
Grated by a syndicate composed of
Denver capitalists. The returns OF
shipment of 1000 tons of the dump
repaid the stockholders the purchase
price.
enlarging the plant.
The Bard Creek Mining Company.
operating the Illinois group of claims
on Lincoln mountain, Georgetown, has
completed the raise carried from the
lower tunnel to connect with the drift
On the Illinois vein, and the workings