Show THE GREAT CAMP BIRD MINE one million four hundred thousand exposed in workings herald boulder colo no one ever attempts to write of the mines of ouray county without giving the camp bird limited the place of prominence it is the greatest mine the county has it is the greatest in the san juan it is colorados greatest gold producer it ranks first of the list in the gold mines of the world it is an example of thorough and systematic development of a mining property where the men who knew how had the f facilities a cili ties with which to accomplish their work the property has reached a stage of development which insures its being listed among the enormous producers of the world two generations hence and there is no certainty it will be worked out within the next hundred years the ore reserves and the output of this property have increased during the present year to the extent of causing the price of the stock to more than double within that time during the winter and spring of the present year an exploration of the mine was made by general manager cox and the eminent mining expert mr spurr and since their exploration ore has been blocked out in addition to all other reserves chien will amount to an estimated profit of to the company in seven years the property has produced a gross revenue of and of this amount is net profit the actual dividends have exceeded the issue capital by 35 per cent and a reserve of 25 per cent is established during the present year development has pushed to the west and in may of this year an enormous body of ore was opened in the fifth level west which yielded 50 to 75 per ton this ore body is described as being wider than the drift and reaching 14 feet in places much of the ore ran as high as 60 ounces in gold to the ton so that the 50 to 75 per ton as reported in the com banys last report was based on exhaustive tests after the ore shoot had been opened for a great distance this bonanza strike made in the ground to the west came as a surprise as the territory in which it was found had hitherto been considered as barren ground by practically all those acquainted quain ted with the property according to the report for the year ending september 30 an average output of per month is shown and on that basis the mine would yield for zhe the calendar year for numerous reasons however shows by far the largest output for any quarter during the year so that output for the present year is not overestimating it the camp bird is equipped with a mill modern in every detail and a cyanide plant which enables a saving of about 96 per cent of the gross value in the ore to be made this record of this property is in every way unique in mining history and yet there are other properties in the camp that promise rivalry at some future time this great mine should the development of the coronado prove to be what is expected the camp bird mine is only in its infancy the coronado vein is feet from the camp bird vein parallel with it and the geological conditions are identical property on this vein was recently purchased and a crosscut is being run from the third level of the camp bird to reach this vein the crosscut is now in over 2000 feet and will be completed ed within a few months this work was i advised by J E spurr one of the leading geologists of the world after a thorough examination had been made of country and the vein |