Gilpin observer., 1912-01-25
ERIN
MINING NEWS
IN BRIEF
Western Newspaper Union News Service.
THE TREND OF METAL PRICES.

A rich strike was recently made
on the third level of the c., K. &
NJ, Cripple Creek.
Considerable development work is
being done at the Deadwood mine at
Mogollon. Good values are being
found.
The main ore shute OF the Mary Nc
Kinney Cripple Creek, has been op-
ened and shipments will begin imme-
diately.
The water in the shaft of the
Strong Company, on Battle Noun
tain, Cripple Creek, has receded and
work has been resumed.
Work at the Portland, Ouray, con-
tinues under the leasing system with
satisfactory results and a good grade
of ore is being taken out.
The sale Of the Josephine mine in
West Argentine district, of which the
Payback Mining Company is the own
er, has been postponed until Feb. 10.
On the Mary Eta vein, Silver
Plume, small body OF smelling ore
has been found, giving assay values as
high as 300 ounces silver to the ton.
The driving of the Lippert tunnel
into the Big Bull mountain, Cripple
Creek, which was begun last summer,
has been suspended on account of the
cold weather.
| The hoist at the Legal Tender, GU
ray, has been started to lifting water
and the bottom will be reached in a
few days, when the new pump will be
| installed and then sinking will be re-
sumed.
The Mary Mckinney, the oldest
company doing business in the Grip
pie Creek district, which owns 144
acres and mine that has produced
100000, will have to reincorporate
within the next year, as its charter
expires.
A discovery of far-reaching conse-
quence to Leadville mine operators
was made in the Alps mine recently
in Little South Evans gulch, in the
Leadville district. This was the cut
ting of the Cleveland fissure vein in
the Alps ground by drifts, from a
depth Of It's feet.
1
Lake Valley ran into a streak of high
grade ore recently. The assays show
$4,000 to the ton. The pocket gives
promise of opening up still wider
and, while not all the ore runs as
high as the best, nothing under 40C
ounces to the ton has been found in
the pocket SO far.
The New York company which con.
trolls the patents on the Moore-Clancy
electrochemical process. announces
that the Ajax mill. at Cripple Creek,
which uses this process, is COM
plete success, as it shows that what has
heretofore been considered waste
rock, worth 81 per ton, is now being
treated at a handsome profit.
The National mine in West Argen,
tine district. is the scene of an import
ant discovery in lead-silver ore. AT
distance Of 10 feet from the portal
of the crosscut tunnel. the National
vein was interesected. a body OF galena
five feet wide. having been uncovered
Assays show values Of CT per cent
lead and 4S ounces silver to the ton
|
now holds the record for economy ano
efficiency of ore treatment, among
the mills Of the Cripple Creek dis
trict. After steady run of two
months, during which time the ma
chinery was more carefully adjusted
and other details of the application
of the cyanide process worked out, the
mill appears to be an unqualified sue
cess.
The Peters property on Republican
mountain. Georgetown, reports. {
promising discovery. a streak of ore
having been uncovered that is from
six to eight inches wide. Assays made
upon a number of samples show val
ues varying from IT'S to 225 ounces
silver to the ton with twenty-eigh
per cent. lead.
The ore strike at the Calliope. Gu
ray. recently opened up through thu
old workings, but in virgin ground, II
showing up in fine shape and is from
a few inches to Is inches thick. rh'
extent of the shoot is now no
known. It is confidently believed
that, with the mill. the dixie is goini
to prove paying proposition. Thu
ore will go to 500 to the ton. prin
cipally in silver.
The showing on Big Indian prop
erty. on Leavenworth mountain
Georgetown, is good. Several streak
Of ore that carry high values in gol'
and silver have been found. Drifting
east and west will soon be started. 4
plant Of machinery will be purchased
early in the spring. 1t is proposed t.
drive the crosscut tunnel severa
thousand feet to intersect all the BIZ
mines in the mountain.
Polly and Gibson. working the Six