The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-01-07
ONE CARLOAD OF ORE
MILLION DOLLARS GOLD
STRIKE IN ericsson MINE BE-
LIEvED TO BE RICHEST The
WORLD HAS KNOWN.

Tho last two issues of The Miner
have contained accounts of tho scnsa-
tional discovery Of gold found in the
Crcsson mine at Cripple Creek few
weeks ago. The wonderful find was
made In cavern broken into Oh the
1900 level. the walls Of which We're Of
high grade ore while the floor Of the
cavern was covered deep with even
richer material which had accumulat-
ed during the past ages. Here is an
other account bearing on the subject
taken from the Great Divide, publish
ed at Denver, which tells Of the great
value of one car Of ore shipped from
this modern Aladdin cave:
One carload Of gold ore-30, 900
pounds--worth at least $1,000000 Is
about to be shipped out of Cripple
Creek to Denver.
Some of the ore in the carload will
run at least 800 to the pound, $780,,
900 to the ton.
The shipment will be the most valu
able ever made in the world The
largest in point of value ever hereto
fore made was shipment Of three
carloads from the Goldtield district of
Nevada. Each of the Goldfeld cars
held 10000 pounds of ore and the.
100000 pounds of ore in the shipment
had an aggregate value Of $4,000.
The one carload from Cripple Greek
will weigh only 10000 pounds-one-
fourth as much as the Goldfeld ship
ment-and will be valued at not less
tina $1,000,O00.
This year to date from all the mines
of Colorado, gold ore shipments have
aggregated only $18,000,000. The one
carload now being sacked at Cripple
Greek will be worth at least one
eighteenth as much as has been pro-
duced by all other mines in the state
in year.
No Stock for Sale.
The $1,000,000 carload, the world
beater of the mining industry, is to
come solely from the Crcsson mine at
Cripple Creek. That property is own
ed by a close corporation composed
largely of Chicago men. 1t has been
rich producer for many years, but
the stock is so closely held that no
one has ever been able to learn any
thing about the company's profits.
None Of the stock has ever been on
the market; there is none for sale now
at any price, and disclosures as to the
recent rich strike in the mine have not
come from any stakeholder or officer
of the company, but the ore found re-
Gently is of such enormous value that
it was apparent to every miner that it
was full Of gold, and it was impossible
to keep the strike secret.
j. G. Duncan, vice president of the
Morey Mercantile company, is ole of
the men who youch for every state
ment made herewith. He has just re-
turned from Cripple Creek, where he
was on business for his firm. While
there he met the best mining experts
Of the camp, and he saw the Cresson
ore. He saw ore that he personally
knows runs more than 500 to the
pound, He received assurances from
unimpeachable sources that the one
carload of ore that is now being sack
I'd for shipment will run at least ST.
.o0O,OOO-and he qualities the assertion
by saying lat least"
What Denver Man Saw.
He handled some of the ore that is
worth more than 500 to the pound HI
says 1t does not look like ore; it looks
like pure gold. He has all the evil
dence a business man could desire as
to its running at least 800 to the
pound, and he is impressed with the
belief that it may be even richer.
He knows that the Crosson strike is
the richest evr made in Colorado he
firmly believes it is the richest ever
made in the world, in all the history
of gold mining.
One carload of gold ore that Is worth
$1,000000 staggors the imagination.
The Cresson strike is worth millions
of dollars to the owners of that mine.
but It is worth many more millions to
the people of Colorado. The strike
was made at depth of 1900 feet, 1t
disproves the theory that Cripple
Greek would play out at depth.
Discovery of rich ore In the Vlndi-
Gator at 1900 feet and in the Golden
Cycle at 1900 feet had already proved
that the theorists were wrong, but
the strike nj the Chesson, It even
greater depth, shows that, with depth,
the value of the ground in the Cripple
Creek district Increases, and that the
territory that has heretofore enriched
the world has only begun 20 WELD its
treasures.
The s1,000.000 shipment in one car
load from the Cresson will not be all
the ore that has been removed from
that mine recently. 1t will only be
of the best Tens of thous-
ands of dollars worth will be left be-
hind, awaiting future shipment, after
the one $1,000,000 car has ben started
from the camp, and it is the belief Of
the most conservative men of Cripple
Creek that the stimulus resulting from
the Cresson strike win bring to that
district and to all Colorado new cap