The Idaho Springs siftings-news., 1912-01-06
WES1ER
MINING NEWS
IN REF
METAL QUOTATIONS.
Colorado.
IN q r. z =

COIofdoo.
January 1, 1912, the Iron-Silver Min
ing Company, New York, with mines
at Leadville. Colo, will pay a dividend
of 10 cents per share ($50.000).
John R. Wolff OF the U. S. Gold and
County Commissioner Clark have de-
cided on a plan of extensive develop
ment of their tungsten properties near
Nederland.
The Utica Hill Gold NJ. & NJ. Co.
near Ward, are enlarging their mill
plant in preparation for Increased ore
treatment when improved weather
conditions permit.
James Bartlett and Jerry Wood.
leasers on the Richmond, brought
down to Boulder fifty-five pounds Of
gold ore from that property which re-
turned at the rate of $15.3S0 per ton.
A carload of machinery for the
mines of the Northern Colorado Coal
Company at Coalmont passed through
Centennial, Wyo., for that place re-
Gently Loading of coal will commence
in few days, or as soon as this ma
chinery is installed.
Some months ago the completion OF
sinking the Pittsburg mine. in Gilpin
county, to a depth of l 900 feet was
accomplished from the S00-foot level.
The 900-foot level has been driven a
distance of 243 feet from the shaft in
about one-third the time it could have
been done by hand
1t is proposed to increase the capac-
ity of the Alton Company's mill at
Boulder whereby at the same cost OF
operation. a much larger tonnage OF
ore can be put through daily. Addi-
tional equipment will be installed,
which will increase the saving and add
much to the efficiency of the plant.
1t is claimed by some that the prop
erty of the Up To Date Mining Com
pany at Caribou camp in Boulder
county is, for the amount of develop
ment done, the best in the state.
Some, more conservative, say it is
without an equal in the county, which.
however, amounts to the same thing.
Jake Kritz has opened up some fine
ore in the Cow Boy mine in Silver
Creek district Gilpin county. The
smelling streak is about 6 inches in
width, which gave returns of 644
ounces gold, a value of $130 per ton.
This discovery was made in the bot.
tom of his tunnel at about $50 feet
from the portal.
After a shutdown of several weeks
duration while three more batteries
of stamps were installed and machin-
cry and equipment were added to in
crease the value saving, the Nugget
mill on Left Hand, Boulder county, is
again in commission, and will, before
the year closes, start bullion ship.
ments to the mint.
More Denver people became inter
ested in metal mining in Boulder coun-
ty during 1911 than at any time during
the past decade Some of them have
been particularly fortunate in the Sc
lection of properties and will be richly
rewarded during the coming year. All
indications now are that 1912 will be
a lively one in the hills of Boulder
county.
The first shipment of fifty tons Of
coal from the great coal fields of North
Park, Colo, has been sent on it's way
to Omaha. The recent completion of
the Laramie, Hahns Peak & Pacific
railroad to Walden makes steady ship
ments possible and the owners Of the
coal mines-the Northern Colorado
Coal Company-are arranging for
daily output of 1000 tons.
Drop upraise Of the Big Five, near
Ward, is installing machinery to ad-
vantageously work that property.