Gilpin observer., 1915-02-04
GRATIFYING CONDITION

The outlook for prosperous min
Jag year in Colorado was never
brighter. From every mining county
in the state, come reports of an in
creased number of mines in operation
as well as increased tonnage and val
ues. The once famed Kingdom of
Gilpin" that half century ago start
led the world with her fabulously
rich gold mines, has awakened from
Ter rip Van Wrinkle" sleep, and now
Eer inexhaustible assures are pour
ing forth the golden wealth of Croe-
eus, with more exuberance than at
any time since the palmy days of
the early sixties. Mines that have
been idle for years, and from the
surface point of view, were consider
I'd as worked out. are now produc-
ing largely of the yellow metal, $500
feet beneath the surface. The Lake
mine, cut in the Big Five tunnel,
over 1000 feet beneath the surface,
is producing 81 900 worth of ore per
day from development work alone.
The Gunnell mine, the Kansas-Bur-
coughs, Prize, Pozo and other famous
Quartz hill mines that produced large
" at the surface in early days, are
1ow being worked through the New
house tunnel at depths varying from
thirteen to fifteen hundred feet. The
Eureka mine that was idle six months
ago is now full of leasers who are
working on large bodies of ore that
vary in gold values from 2 ounces to
10 ounces gold per ton. The Senator
mine below Black Hawk. and the
Bates mine at Black Hawk, both
classed as idle mines a little over a
year ago. have been leased to home
pools and for nearly a year have
been regular shippers of large guam
Titles OF ore. that has not only en-
riched the lessees, but has been a
source of profit to their owners. The
keystone group of mines have re-
Gently been purchased by Grand Rap
ids people who are developing them
with good results. Many other mines
of note have recently been started.
Ntal VIII duu iaa 5ely 10 lHe county
output in 1915.
Other counties IN the state are
showing large gains in gold output,
such as Teller county whose output
of gold for the month of January.
1915, was $1,921 ,SS4 or nearly double
that of January 1914. The production
of gold in Summit county is greater
than for many years past, while San
Miguel, Ouray, Clear Greek and Boul-
der counties are forging to the front.
each with increased productions. The
news of the wonderful rich gold
strike In the Cresson mine at Grip
pie Creek, that runs well into the
thousands of dollars per ton. The I'M
precedented strike in the Dunkin
mine at Breckenridge. where $4,000
worth of gold was taken out in three
days by two men, and the production
of one thousand dollars in gold per
day. from the Lake mine in this coun-
ty, have been heralded to the world
and now capital is seeking mining
Investments in every mining county
throughout the state.
The war in Europe has diverted
the tourist travel from that country
to this Switzerland of America"
where the pure ambrosial atmosphere
from our mountain tops furnish the
elixir of life, so essential TO the
overworked and debilitated body and
soul. Where the man of means can,
under the golden rays of u meridian
sun, lie In his hammock beneath the
swaying pines in our cool and seclud-
ed shaded dells, and enjoy the many
and varied scenes about him, such
as the antelope grazing on the dis
tant hillside, and the bushy-tailed fox
squirrel gamboling among the cones
that droop from our picturesque silver
tipped spruce. The year 1915 will
not aonly find our mountains filled
with tourists, but the man of wealth
with also be here to invest his idle
capital in mines that produce the med
ium OF exchange that does not fluc-
tuate in any country of the globe.