The Glenwood post. (Glenwood Springs, Colo.) 1897-current, 1919-09-13

president. g. A. Mock, president and
general manager of the Rocky Noun
tain Refining company of Salt Lake
City, treasurer; s. E. Classify, of the
s. E. Classify Investment company, #
Salt Lake City, secretary; Alfred Mil
Ter of the Orpheum theater of Glen
wood, and the four gentlemen above
named comprise the board of directors.
M. ]. Mayes of Glenwood is the chief
counsel and Alvin f. Sundberg of Salt
Lake city is the chief engineer for the
company.
Immediately upon the completion of
the incorporation of the new company
the whole Of Eagle and vicinity showed
their faith in the project by subscrib-
ing for stock to the amount of several
thousand dollars, and on the second day
of June the task of putting the prop
erty in workable shape was begun.
Last week there was shipped from this
property to the smelter a carload Of
ore which tested fifty ounces in silver,
besides containing some copper, IRA
mum, vanadium and other elements of
more or less value.
The writer has for several months
kept advised as to the operations of
the company along development lines,
but he was only this week permitted
to make q personal visit to the prop
erty and to note the character of the
work and the extent to which it has
progressed.
Those in the party were surprised 10
observe the systematic and well
planned line Of work now being fol
lowed with view of .cutting the ore
carrying ledge at considerable
depth.
A tunnel has been started on the
Bruce creek side, far below the old
workings, and it has now penetrated
the mountain to distance of about
three hundred feet. The portal is very
solid and the work on the entire tunnel
is of the best. According to the re-
port of the engineer it will be neces-
sary to drive this tunnel about 900 or
700 feet before it will cut the ore
bodies which it will strike at about
700 feet in depth. After questioning
at considerable length the men working
in the tunnel, The party returned to
the portal and climbed to the upper
where other crews of men
were working in the Lady Belle Ex-
tension mine. While following the
veins of ore by way of prospecting,
the men were taking out some rich
but it was discouraging to
note the large bodies of milling ore
which must be left in the mine for
lack of means to handle it at this time,
but with the hope of the owners that
in the near future a mill may be con
structed at the mine that will success
fully handle this low grade product.
In looking through the various work
ings the party found number of
slopes from which shipments were
made in the past, and the smelter
sheets show that this ore yielded all
the way from 80 to 1856 ounces of sill
yer to the ton, one car of the better
assay bringing the owners $2472 net,
and that with silver at 56A cents per
ounce. In view of the fact that ore
of that richness would bring at to-
days prices almost $1,000 per car,
there is little wonder that the owners
are more than anxious to cut the vein
at lower depth where they believe
it will carry much greater values.
In examining the various places
where an aggregate of quarter of a
million dollars in value was removed
in former days it was found that the
ore at these places had by no means
been exhausted. There is yet consid-
cradle quantities of ore in these cid
workings which, at the present price of
silver, would probably pay to ship,
while there is greater quantities of low
grade ore which, by treatment with a
mill on the ground, would probably
yield greater profit than can be had
from the higher grades of ore under
the present plan of marketing. This
low grade ore not only includes that
left in the mines by the former work
men, but also the great outcropping Of
the ledge extending in plain view
across the entire mountain and carry
ing low values at the grass roots, all,
CT nearly all, Of which is worth hand
ling, and which exists in such immense
Quantities that it would seem to be
sufficient tn keen n mill running Far