The Idaho Springs siftings-news., 1912-04-06
Colorado.

Work has been resumed at the Para
gon tunnel, Georgetown.
Another vein is being penetrated by
the Big Indian tunnel on Leavenwortn
mountain at Georgetown.
! Some rich ore. said to have been
taken from a new flat vein in the
Pride of Cripple Greek, on lronclad
hill, has been shipped.
The Wild Horse mill at Cripple
Creek is handling about 40 tons a day
of low grade rock taken out in deyol-
opment of the mine by the United Gold
Mines Company.
In sinking a prospect on the Dropner
vein on Lincoln mountain, Georgetown,
Thomas Kendall uncovered an eight
inch streak of solid ore that carries
high values in gold and silver.
The Josephine group of mines on
Kelso mountain, Georgetown, owned by
the Payback Mining Company, were
sold by Trustee in Bankruptcy Fermor
]. Spencer to ]. C. Bell for $500.
Ore agents declare March will be
the best month for Cripple Creek in
I tonnage than for years. This ore
comes not alone from mines working
| below the water level, but from shoots
| found near the surface.
Large profits are being made by the
Elkton Company, Cripple Creek. in the
successful mining OF the main ore body
on the new level recently unwatered.
Indications are that the company will
have one of the best years in its his
tory.
The Hayseed property is owned and
operated by Frey Frey. and is located
! in Quartz Valley district. 1t has been
steady producer for a number of
years of very high grade galena ore.
The main tunnel has been driven
| distance of about 600 feet, where sew
eral good ore chutes have been opened
up of smelling and concentrating ore.
That the Colburn mill on the Ajax
on Battle mountain, Cripple Creek, IS
a complete success is the declaration
! of Judge w. A. Colburn, president OF
| the company. The cleanup after three
months of operation resulted in re-
tort of about $4,000. The value of
the ore treated was $4,000. This dem
onstrates that the process is dissolv-
ing the gold.
The Chase mine in Gilpin county
is worked altogether On the leasing
basis and is getting results. During
Is days shipments were made to the
sampling works that gave returns of:
Lot No. /, 1927 pounds, netting $134.'
As; lot No. 2, 1904 pounds, netting
. 1,+
ting s129.7O. and lot No. 4, 3.i04
pounds, netting $1o2.15.
The Columbia mine in Gilpin county
shipped during the month of February,
90 tons of smelling ore, that gave re-
| turns of four ounces of gold, eight
ounces silver and 2.5 per cent "copper"
a value of $SS per ton, and 80 tons Of
screenings worth $22 a ton; 80 cords
of mill ore that yielded 1A ounces
gold to the cord. the tailings having a
salue of SIS ton, the ore making n
tons to the cord.
A force Of about 20 men went to
work recently at the Revenue, Ouray.
cleaning up around the mine, mill and
electric power plants, to get ready for
! resumption OI "Olh Ou Il ldl &c otdlSs
which will be begun as soon as suf-
! ficient power can be had. Perhaps by
| April Is and not later than May /, not
less than so or co men will be at work
at the Revenue, pushing development
on the Cumberland vein. Several
raises are to be made in this vein,
slopes put in, etc.
In March lessees and the Isabella
company at Cripple Creek have sent
out AZ cars, the grade of ore being
somewhat lower than the usual run.
1t is expected to exceed the record
shipment in January of 54 cars. In
April a high output should be made
by the company. The company has
started work on the 1885, or new level
of the Isabella, known as the fifteenth.
The mill is being repaired.
Mining transactions involving more
than $3,500,000 have been practically
consummated whereby properties in
the upper Clear Creek district pass 70
Henry b. Clifford of New York City.
| The Colorado Central-Aliunde group,
with a past production of $2O,000,000,
has been taken under five-year bond
and lease for $750,000, heavy cash
payment to be made within sixty days.
The papers have been signed and are
in New York City. The holdings Of
the Waldorf Consolidated Mining Com
pany in East Argentine district, in
cluding such well known properties as
the Paymaster, Commonwealth, Stepn-
ems, Wheeling, Independence, Johnson
and others. totalng 1900 acres, also
have been secured by Clifford, the con.
sideration, 1t is said, being $2,500,000.
The Poso Gilpin Mining Company,
Idaho Springs, has let contract for
the erection of a large and modern