The Idaho Springs siftings-news., 1914-04-25
Colorado.

Colorado.
In I25,355 men engaged in coal min
ing i'll 1913 there were 2.7S5 deaths, ac-
cording to Bureau of Mines. or II to
every working day.
There is a great deal of interest be-
ing shown by many Red Cliff mining
men in the new zinc plant that is be-
ing erected in Leadville.
The Cresson mine. one of Cripple
Greeks chief producers, is owned by
syndicate of Chicago capitalists and
pays two per cent quarterly $50. 1000
on 100000 in capital shares.
At Leadville no preliminary work in
connection with the downtown pump
ing proposition will be started until
the Down Town Mines Company Sc
cures all of the leases which it de-
sires in order to make it a success.
What will probably prove to be the
most important development ever
made in the Tonopah Merger mine oc-
Cured on the 1.110-foot level where a
body of splendid ore was encountered
in the north crosscut from the west
drift.
An ore body of unusual dimension
has been opened up and is now un-
der development by the Ajax Gold
Mining Company on it's Battle Noun
tain estate in the Cripple Creek dis
trict. This remarkable ore body was
first exposed on level C and has prov
en- in excess of fifty feet wide and
better than eighty feet in length.
A New York engineer well known on
both sides of the Atlantic is on his
way to examine the Frontenac mines
and mill in Gilpin, with a view to i'm
mediate resumption. This property is
owned in London and was responsible
for sixty per cent of Gilpin county's
metal output in 1911. 1t was closed
down in October, 1912, under orders
from the directors in London.
AT Breckenridge, the Kansas City
owned Wellington Mines Company,
capitalized at $4,000, 900, has made
another big strike of good grade lead
and zinc sulphide ore. The strike was
made in drifting east on the first level
and was reported as being six feet
wide, but since the first report the ore
shoot has shown up much stronger and
the pay streak is ali of eight feet in
width
Immediately adjoining the Ajax Gold
Mining Company's estate to the west,
the Ell Oro Mining and Milling Com
pany. operating the Eclipse and Car
Donate Queen mines at Cripple Creek
is steadily increasing production, as
the direct result of new discoveries.
Five machine drills are kept in oper-
alton and ore is under development on
three distinct veins in five different
headings.
Recently, in spite of the prevailing
deep SHOWS. specimens of nickel ore
have reached Denver from Cave Ba-
sin In the days of the Professor Hay
den survey, nickel was found in the
North Park country in what is now
Jackson county. associated with gold
copper values. At Cave Basin the
nickel ores carry gold and silver. Nick
ell is quoted in New York at As to 60
cents per pound for the refined article.
Properties classed as producers OF
gold, silver, copper. lead and zinc paid
dividends during the quarter totaIing
$7,167,s95. The sixty-three companies
in. this class which paid dividends in
the quarter have to their credit total
disbursements of $2O5,073.1 .19O, while
the par value of the issued capital is
but $165. .l99.159 None of the close
corporations, such as the Little JON
ny" at Leadville or the Strong mine
in Cripple Creek. figures in this list.