The San Francisco call., 1913-08-17
GOLD PROPERTIES
SHOWING REsULT is
Gladstone at French Gulch
Pays $4,000 in Seven
Months
Industry Taking on New
Life in Several Famous
Old Districts
CALIFORNIA
Big Shasta Dividends

Big Shasta Dividends
With a total disbursement of $4,000
for the first seven months of 1913, the
famous Gladstone mine at French
Gulch in Shasta county has paid IN
profits to stock holders the sum OF
ss63. 600 since incorporation. The prop
erty for years has been the premier
gold producer of Shasta county. its
only rival being the noted Midas mine
at Harrison Gulch. Recent develop
ments in the Gladstone have been ex-
ceptionally encouraging and the man
agement is planning considerable work
in new territory.
To expedite deeper developments an
order was recently placed for the early
delivery of a powerful hoist. As soon
as this is in position the shaft will
probably be sent deeper and the down
ward extension of the giant ore bodies
onened up. The Gladstone ore bodies
are of immense size and fair Values,
with most of the ore very 1ree mllllns.
While the quartz is of the character
commonly termed medium grace, occd-
sfonaI deposits of bonanza ore are en-
countered from time TO time.
The Quartz Hill district, across the
Sacramento river from Redding, is dis
playing decided activity. In the Orig
Inal Quartz Hill mine, under lease for
i've years to the Mammoth Copper
company. extensive developments are
OF ore approximating 200 tons are
going out daily to the Kenneth smelter;
Eeventy-five men are on the payrol
and sufficient quartz Is blocked out 10
insure steady production for long
period. The ore is gold bearing and
highly desirable for fiuxing purposes at
the Mammoth plant because OF It's slll-
cious content.-Sacrament Union.
Old Alaska Mine Paying
with the retirement OF George st.
John as manager of the Alaska mine at
Pike City, the general management mas
been assumed for the present by Cen
eral ". 6. Schuyler, one OF the heavy
stock holders in the Sierra Alaska Cold
the property. About 65 men are en-
ployed at the mine and the 40 stamp
mill is kept running at full capacity on
quartz from the fourth and fifth levels.
A portion of the last crushing of quartz
mined by the leasers viii pay far bet
ter than wages.
No figures as to values are given out
by the management. but 1t IS under
stood that In addition to the usual low
grade. free milling quartz shoot was
Recently encountered that runs $50 per
ton III gold.
aud will soon resume its position as
one OF the leading heavy producing
gold quartz mines of northern Cali
fornia.
George ST. John, under whose direc-
tion the Alaska was rehabilitated from
an abandoned mine into producing
property, goes to Cobalt Canada, TO pc
come Identified with one of the big con-
Eolidations there.-Grass valley Union
Iowa Hill Camp Active
A. Rossi and those associated with
him in working the Penn Valley mine
near Iowa Hill recently opened up a
gold bearing streak in the mine which
was Of unusual richness. Nuggets
ranging in value from so cents TO SO
were picked up in a short time from
the gravel on the floor of the DRIFT
Smaller pieces were plentifully scat
tered all through carload. 1t is estt-
mated that the gravel Will run $30O 10
the ton The pay streak was struck
in a drift about 400 feet from the bot
tom Of the 110 foot shaft In what is
supposed to be the Succor Flat channel,
which yielded many millions through
the Big Dipper mine years ago.
S. VI. Sprague, manager of the Placer
County Properties company, and party
Of Sacramento capitalists made an in
spection trip to the Iowa Hill section
last week.
the mining industry of Iowa Hill was
beginning to take on new life and
should certain of the new enterprises
prove satisfactory. that historic minin
camp would be again as lively as IT was
a generation or two ago.
One of the factors in the renewed
mining a activity around Iowa ft1l Is
the plant of the Progressive Mining
company, a syndicate of capitalists of
Youngstown O., whom Mr.. Sprague in
terested in proposition of working
over the tailings of the old hydraulic
claims. The company has a machine
for handling the tailings, which is q
new feature in working gold bearin 8
gravel and is capable of extracting the
gold from 500 cubic yards of gravel a
day.
The machine was started up on the
tsilings of the old Bumpus hydraulic
mine In Indian canyon, and the gravel
showed a value of 25 cents to the cubic
yard. which is considered margin
enough to return big profit.
Arrangements are being made to
handle the tailings from the General
Grant mine in the same canyon, and II
the tailings prospect as we'll as the
Bumpus tailings more machines will be
built. The bars In Indian canyon, COW
cred by many feet of tailings and which
have been proved to be very rich. will
be worked by these machines.-Placer
Herald.
Union Hill Ledge Found
Ed Kiessling Of this city and for
merly of Redding. who is interested in
the Union Hill mine, has gone to Sac
Tamento with a bag full of specimen
rock recently taken from the property
The rich strike was made after sew
eral years of ceaseless efforts to find
- TA1r Tzto 4v&r I,1