The Glenwood post., 1912-03-16

S1sCH1 $500. IN
eDslter. st. Louis .............. $50
Colorado.
The Dives-Pelican and the Seven
Thirty mines at Georgetown have
filed petitions in bankruptcy.
All tho leasers on the Bachelor
mine at Ouray are prospering. There
is an exceptionally fine showing of
ore.
The output Of the South Burns shaft
Of the Acacia property on Bull hill.
Cripple Creek, was fifteen cars in Feb
ruary.
Good progress is being made in
sinking the shaft at the Legal Tender
mine, ouray. Some ore has been
found.
During the last thirty days Matha &
Company. operating the Pharmacist
mine at Cripple Creek. shipped out
five cars of $40 ore.
Measurements taken recently by the
engineers on the Cripple Creek Deep
Drainage tunnel show that the work
done during February amounted to 2O9
feet.
The Virginia City mine on Lincoln
mountain. Georgetown, famous years
ago as q produce dof high grade gold
and silver ore. has been sold for
100000.
Recent operations in the 10 Dandy
mine at Cripple Creek have brought
wnOd rosuItu The prod,ot;ov, 10 1oruo
and the grade of ore better than the
average.
Eighteen cars Of $25 ore were
shipped in February from the School
Section lease on Bull hill, Cripple
Greek, and all was from the main
stope on block 8.
Electric pumps costing $4,000, will
be installed in the Golden Cycle mine
At Cripple Creek by June /. With
them. 1t is claimed, the cost Of pump
ing will be cut in half.
There will be opened in the near
future at the School of Mines, an ex-
perimental ore dressing and metallur-
gical plant. Samples of ore may be
sent there for complete testing.
An important strike has been mado
at the Gold Coin mine, Cripple Creek.
From stringer from the main vein a
car of three-ounce ore was recently
shipped. The ore has been opened for
forty feet.
Every days development below the
fourth level in the Camp Bird mine
at Ouray, justifies the prediction that
new and distinct rich ore zone is
revealing itself at . depth heretofore
considered barren.
I The property Of the Buckhorn Mica
Mining Company, located twenty miles
northwest of Fort Collins, has been
sold at sheriff's sale for $4,000. The
property was bought by represents
tives of Denver capitalists.
The management OF the Atlas At
Ouray expects to have the additional
ten stamps dropping about April l..
The capacity of the plant will be
doubled, enabling an output Of 700
tons of concentrates per month.
The Capital mine at Georgetown
continues to show surprises and unless
all signs fail the production for the
present year will double that of 1911.
A body of steel galena and yellow
copper fourteen to eighteen inches
wide has been exposed, shipments re-
turning $50 to the ton in gold.
Layers of coke. which nature her.
self cooked ages ago, have been found
in new mine opened by the Moffat
Coal Company, eighteen miles north
west of Steamboat Springs. Gases es-
Gaping through molten rocks probably
formed the coke, which is said to
burn as, good as the manufactured
product.
An unusually rich strike has been
made at the La Plata property on
Democrat mountain, Georgetown, u
streak of ore eight inches wide having
been encountered that mills from 400
to $50 ounces silver to the ton with
out sorting. The shoot is showing in
the east drift fifty feet and stoping
will be started soon.
Recent reports from Grand juno
tion that plans are being made for
construction of vanadium reduc-
ing plant there has given encourage
ment to holders Of vanadium proper
ties in the vicinity Of Meeker. The
hills In that section TEEN with this
mineral and with the certainty Of d
market for the ore the deposit will
be developed on an extensive scale.
An offer of $109 per ton for vana-
dium has been refused by the owners
Of the Cherrington-Adams-Ca Campbell,