Show COLORADO RIVER GOLD post parker ariz endeavors are at last being made to compel the grand canyon of the colorado to give up the gold which has been washed into its bed for centuries several concerns are preparing to conduct operations on a large scale to overcome obstacles and to get to these riches it has long been known that there was much gold in the bed of the colorado canyon explorers who have been in various parts of the great abyss have reported deposits of gravel and black sand that apparently ran to great depths and that promised good values although well distributed in the sand the gravel attempts have been made to interest capital in plans to get out this wealth but heretofore hereof ore there has been no success because propositions easier to get at and involving smaller ex expenditures p endi tures of money and risk have attracted most of the capital available in recent years however several syndicates have been formed to get out the gold one backed by eastern capital has been at work for some time at lees ferry this is a desolate place far from any railway but it has offered the best opportunity to such work being at the point where the river runs out of these sandhills sand hills after cutting through them for hundreds of miles and running for a few miles at about a level before dipping into the marble canyon dredges have been installed here after being hauled far over the desert black sand impregnated with gold and platinum and gravel having small nuggets of gold in it have been found here and the enterprise promises to be highly profitable this sand and gravel run to a depth of from thirty to sixty feet before bedrock is touched and the dredges can take it out in great quantities above this point in utah where the cliffs are not high similar operations have been put under way here it is said that the conditions are similar to those found at lees ferry except there are evidences of even richer values parties have haie gone out into the wild regions between these two points to explore for places where the river can be reached reports have been received receive 1 l that wherever the prospects can be made conditions are found to be favorable nature however has provided huge battlements to defend these riches and there is doubt whether many of the deposits can L be exploited profitably |