The Glenwood post. (Glenwood Springs, Colo.) 1897-current, 1919-09-13
LADY BELLE Mine
IS BEING WORKED
Property Has Yielded Fortune
and Is New Being Revived
With Local Funds
Deep TUNNEL IS PLAN

Eagle county with her wonderful
production Of farm crops is coming
into notice again as silver producer.
and the Lady Belle and the North Da-
kota, on Horse mountain, are making
exceptional showings in view of the
small amount of work that has been
done on them recently.
When We consider that over a quar-.
ter of a million dollars in ore values
were taken out of this mountain few
years ago by just gophering"
around on the surface, and that, too,
with silver at only one-half of its
present value, we cannot blame the
present owners for feeling enthusiastic
over the outlook for the future, as
pecially since they now own enough
claims to enable them to start low
enough on the mountain with tunnel
to crosscut the main ore chute at
great depth where in all probability
It is much wider and richer than at
any point near the surface where much
valuable ore has been mined in the
past. -EI'
In the fall of 1912 J. o. Kempf Of
Eagle discovered and filed on the
Lady Belle mining claim and the Lady
Belle extension, and soon thereafter
disposed Of interests to E. E. Glenn
and Ralph Wolyerton and the three
owners organized the Lady Belle Min
ing and Milling company, close cor
P6sation which sold no stock. They
leased the property to Mr.. Bonnell
who operated it about three years, TAX
ing out Of numerous prospect holes
more than $25O,oOO in ore, notwith-
standing the fact that silver during
the days of Bonnell's operations was
bringing but 4s to so cents per ounce,
or only about one-half Of its present
value. After he had worked the sur
face outcrop and had run a number of
short tunnels, Bonnell abandoned fur
ther operations because he could not
secure a lease on property that would
allow him to open a deep tunnel and
cut the ore chute at considerable
depth, which is conceded to be the most
economical and practical method Of
handling the property.
n,,r;p,r bo por;oJ uhap Popua11 an
Grated the Lady Belle property the
North Dakota was leased to Marion
Henry who shipped from this property
Is or 80 cars of very high grade ore,
leaving several rich dumps which, at
the present price of silver, can be
shipped with profit. Five cars of good
ore were also shipped from claim
known as the Best Chance.
Last April 8. A. Mock of Salt Lake
City, after making careful inspec
ton of the Horse mountain area and
realizing the Possibilities of developing
q rich mining section if all the prop
erty could be worked to advantage by
deep tunnel starting from the foot
of the mountain, began the work Of
bringing together the various interests
and secured contract for a deed to
the following patented claims. The
Lady Belle, Lady Belle Extension,
Lady Belle Nos. l, Q, 3, and 8, Joker,
Montana, Wyoming, First Chance, Best
Chance. North Dakota, North Dakota
Extension, South Dakota, South Da-
kota Extension, Horn Silver, Irma,
Selma and Midnight, amounting in all
to about 24O acres and extending from
Bruce creek to Salt creek. On May
16 there was organized The Horse
Mountain Mining and Milling Corpor-
alton, and stock was issued to the
holders of the various properties, the
new company thereby securing title to
practically the whole of Horse noun
tain, including much personal property,
palnable for use in the development u
mining property.
The following are the men who com
pose the directorate Of the new COM
pany:
J. o. Kempf of Eagle, former presi-
dent Of the Lady Belle Mining and
Milling company, president and gener-
al manager; John Welsh, president Of
tie Iisst National Bank Of Eagle, vics