Show 0 THE GOLD MINES CO the gold cold mines M ines company has a capitalization c capitalization of shares of 1 each gold and silver to the ton the ratio beins about an ounce of silver for every ounce in gold the ledge matter between thi foot high grade on the hanging and the foot i pure white quartz intermingled with ta talc c ranges from 5 to 20 to the ton and is good milling product all of the ore pan well and bannings pann ings made in the cresenc pre senci of the writer were such as to enthuse thi most pessimistic on the lease there are thre well known veins the kindergarten th scorpion and it is believed the extension of the mazuma hills vein the scorpio i and mazuma hills veins are north an south fissures and on the first of th tb month work was begun in drifting to the theia juncture with the kindergarten which or oil the block of ground describes t horseshoe curve and for a short distance is practically an east and west vein 0 or the of the month the company compan also began the extrac extraction tio n of ore which will wil be treated at the kindergarten mill of which are treasury stock th taj company has a lease on a block of grou aroun ri feet square on the holdings of thi th seven troughs company and c coy ering cring feet of the extension of the 0 kin hergarten der garten vein which has a northerly arl am southerly strike the shaft is 11 lc bated about eighty feet northwest of th kindergarten workings and is connected with the kindergarten level on the veir at a depth of about feet and the X kh hergarten der garten company as soon as its ny ile mill is in commission has arranged wit the t company to raise its first clas as ore through the Wi huja shaft the incline shaft has attained depth of feet and for its entire dept it has been sunk on the vein the leda led matter is six feet wide in the bottom of tl th shaft and the ore body aggregates eighteen inches twelve inches of which is on tl th side of the lode and six is on the tl hanging the values averaging about 1 r I 1 the is also sinking a double compartment shaft feet west of its present workings this is being sunk in country rock with the expectation of cutting the kindergarten vein on its dip at a S I 1 depth of feet this shaft is now down over feet and good progress is being made in sinking the officers of the company are john B newman a prominent and successful cripple creek minin mining man president and manager louis G campbell ex senator of teller county colorado vice president and george loudon london formerly of minneapolis minnesota secretary and treasurer the company is well financed and is in fine shape for future operations the heavy shareholders in the company are prominent minneapolis capitalists and business men the is looked upon as being one of the best leases in seven troughs district the affairs of the company are being ably j and intelligently managed and its ultimate success seems to be a matter of time only as all of the other essential conditions already prevail |