The Idaho Springs siftings-news., 1912-08-31
ESTE n N
MINING NEWS
IN RRIEF
Western Newspaper Union News Service.
TREND OF METAL PRICES.
Colorado.
IN 3 RI EF

Colorado.
The output of the coal mines OF
Colorado for the year ending July lss
was 5,277,23s tons. showing an In
crease of 71l,9Os tons over the like
period last year.
The story of a rich discovery OF
gold at South Colony. in the Sangre
de Cristo range, Custer county, west
of Pueblo, is contained in letter that
has been received by mining men.
An advance of silver to 20 cents. 1t
is stated, is looked for on the New
York market, before the steady rise
in the price of this metal, which is
continued for several months. stops.
Lessees on the property Of the Gold
Bond Consolidated Gold Mining Com
pany of Victor are shipping again. Ore
mined in Worlds Fair shaft is esti-
mated at better than two-ounce grade.
The Elk Mountain Coal Company OF
Gunnison, which owns 200 acres of
coal land south of Crested Butte. is
advertising for standard gauge Ties 10
be used in constructing a siding near
the mine.
Teams were busy loading out
three car shipment from the main
shaft of the Midget Bonanza Gold MIN
ing and Milling Company on the MID
get mine on the western slope OF Colo
hill at Victor.
That mining men have faith in the
future prosperity of the Cripple Creek
district is evidenced by the plans laid
by the Ell Paso Gold Mining and Mill
ing and associated companies, for the
construction of a fourth and the larg-
est deep drainage tunnel in the dis
trict.
force of men went down to Lew
iston, which is twelve miles east OF
Atlantic City, to commence work tear
ing down the mill on the Helen e.
property as well as the buildings and
will move them as fast as possible to
the shaft head of the Mary Ellen mine
near Hudson.
Only thirty-five feet from a crosscut
driven years ago in the Isabella mine
lessees have opened a shoot of ore as
rich as any ever taken from the Grip
pie Creek district The strike was
made at depth of 76s feet on
block of ground under lease to Ben
Hill and Alex Olsen of Cripple Creek
and G. P. Brann of Chicago.
A consolidation of leading Cripple
Creek mining properties is reported as
nearing consummation as a result of
n a duo to a IL
lent showing of the El Paso mine and
adjoining properties. lnu the deal,
which will result in the formation of Il
$10.000.o00 company. are the Ell Paso.
t1enry Adney, c. X. q N, Old Gold
and Katinka mines.
A strike of even greater Importance
than that made by Ben Hill and asso-
ciates has been made at the 90O-foot
level of Lee shaft of the Isabella
Mines Company by E. J. Thackerall of
Cripple Creek, lessee and former su-
erintendent of the property under
the kilbourn administration. At
point about 1900 feet northwest from
! the shaft the junction of the Malo-
ney and No 4 vein, ore has been
| opened in previously undeveloped ter
ritory. The ore body, six to eight feet
wide, is so rich that the sides of the
| drift glisten with sylvanite and the
ore pile back of the machine is white
with tellurium and gold. The lessee
shot into the ore about fifteen feet
| and has in excess of 100 tons of ore
| broken that will, ,bring settlement at
better than 5000 gold to the ton with
| out sorting.