The Colorado statesman., 1912-04-06
THE ANTLER'S GOLD MINING AND
MILLING COMPANY PROPERTY
IN ROUTT COUNTY, COlORDO.

The property of the Antler's Gold
Mining. and Milling Company consists
of about 200 acres of placer ground
and eleven lode claims, in all 80 acres
of ground with a large deposit of free
filling ore. The metals are free gold
and native silver. The gold is pre-
dominating. Assays can be picked to
run up into the thousands; samples
can be picked from the ore that are
more than half geld, but the average
value cannot be properly determined
until the ore can be extracted from
greater depth and tested by the car
lot. The surface ores, as nearly as
| can be determined with their present
developments, will average between
SIS and $40 ton. The company is
going to install complete plant fof
machinery in the spring of 4O-horse
power capacity and sink the main
shaft to find the quality and quantity
of the ore at considerable depth, and
as soon as the mine will justify it, the
| company will erect mill to treat the
ore at the mine, The ore deposit on
the surface is twenty-siX feet wide and
can be traced for distance of 1,40O
feet, and | am not afraid to say that
in short time will be able to prove
| the Antler's to be as good mine as
any in this state.
The "Antler's" mine is situated in
the Hahn's Peak Mining District, in
the county of Routt and state of Colo
RADIO, and is the main source of the
placer gold in that district. The Hahn s
Peak placer was first discovered in
the COS and great deal of gold was
taken out of the gulches by panning
| and rocking, and later on hydraulic
plant was erected by j. b. Farwell of
| Chicago, and great deal of gold mas
| been taken out, but only small per-
centage of what exists in the ground
yet that can be taken out with large
profit. For the last thirty-five years
continuous prospecting has been car
ried on and hundreds of thousands of
dollars have been spent in the search
for the source of the placer gold. |
came to Hahn's Peak in the spring OF
| 1881, and seeing all the course gold
and nuggets taken from the placer |
took the gold fever and, together with
| others, we started the first tunnel in
the district to find the lode from where
the gold came; but, like many others,
we met with continuous failures.
Placer gold can be found on all sides
of Hahn's Peak, but the most exten-
| sive placer is on the south side, and,
therefore, all prospecting has been car
rier on on that side, but in the mean
| time party of prospectors from Raw
l-lins, wyoming, came through the coun-
| try and found some float on the north
side of the mountain which assayed
81 900 in gold. Another party, from
Denver, found float in the same vicin-
ity assaying $4,000 in gold. Later on
Mr.. p. C. Coryell of New Castle did
some placer mining at the head of
Little Red Park, and through it |
found the gold was going up the noun
tain in the vicinity where the richest
floats were found. | started to follow
the gold up the hill until got on top
of a Flat Top mountain, where the
Antler's is now located. But | was not
through, my discovery was not COM
pleted. | have, since that time, spent
eight years and $4,000 dollars to find
the ore in place. The ore body is now
cut at a depth of fifty-five feet from
the surface in place and in a fairly
solid position. See what Mr.. Newton,
editor of the Daily Mining Record and
one of the best mining experts, has to
say about it:
| have now formed the Antler's Gold
Mining and Milling Company with a
capitalization of 5000 shares of stock
of the par value of 81 per share and
worcestershire. There is only one kind
of stock; 100000 shares of the stock
call capital stock, and 100000 shares
are placed in the treasury for devel-
opment, machinery, mill and general
expenses. No salaries are paid to Of
ficers except for actual services. |