Show COLORADO telluride examiner joe king and P W ferrill of florence have a lease on the summit and are working it through no 7 level of the gold king with a small force of men they are fixing up the king mill m 11 and will put in a small cyanide plant in connection and will work all of the twenty stamps in the all m il that the minnie minne myrtle people do not use they are also fixing up the dam on the small lake reservoir above the mill and will hold back all the water they can in order to have plenty for milling in the dry season mr ferrill is an old cyanide man and those who know seem to figure that the summit is going to make some money for the leasers leaders this year A special from leadville says far reaching in its effects and considered by mining men as the most important strike made on the cleveland mine of the now new monarch company just made public where a five foot fissure vein in the quartz assaying 50 ounces in silver three in gold 3 per cent copper and 10 per cent lead was uncovered at a depth of feet up to this time experts have contended that fis sure veins in quartz did not eilet in the leadville district and the importance of the find lies in the fact that this theory is proven to be untrue the cleveland vein has been drifted upon for a distance of feet each way north and south to the shaft and the continuity of the vein established ouray herald work at the calliope on the development and drainage tunnel is going on at a good rate the borce made 98 feet by hand last month which puts them in a distance of reet with a total of 1350 to run tim manion has charge of the work and hopes to be able to have the compressor plant and ana power drills in operation within a week the repairs for the compressor have been received and the drills were shipped on trae te ath dinst according to advices advises received the drills are of the waugh drifting type anal it is calculated that feet per month can be made this will soon put them in ore bodies and will enable the company com pany to start shipment as soon as the property Is leadville herald democrat one of the largest propositions in buckeye gulati Is that of the hope mining and milling company which is financed by denver capitalists and managed by john A weber of this city the company owns seventeen claims on gold hill and is constantly adding to its holdings three tunnels have been started but the principal work is beng directed d on the largest of the three it is now in the hill nearly feet and during the present summer will be pushed through the wash and into the gold bearing formations it is expected that when a distance of feet is reached the bore will enter a free gold quartz from which the yellow metal can be wrested by a milling process |