| Show THE PLACER CO rich gold diggings awaiting equipment for profitable operation standard leadore idaho the caplas placer mining co of salmon idaho owns one of the best tracts of placer ground to be found in the west today the property is located on the upper end of caplas anapias creek in the leesburg mining district the camp whose production during the past totals the sum of 0 in gold bullion a record surely to be envied by mining districts of larger magnitude and greater fame caplas creek contributed most of this isum this property was formerly owned by the members of the present holding company which was vas incorporated for the purpose of uniting the several different interests on anapias creek and thereby bring the whole property under the one management each owner taking in exchange for his interest a proportionate amount of stock in the company the officers are john H president H E frost vice president T A munro secretary and manager and J W caples treasurer the area of the property comprises some acres of gulch placer along with bars benches and hillside hill side diggings the main part of the property however is the 9 gulch proper this part has been thoroughly prospected with a view toward de mining ter the gold values over shafts have been sunk to bedrock bed rock at regular intervals and the tract is opened up thoroughly and it is safe to say that more gold can be seen at more different places on this property than on oil any other be it placer or quartz in a radius of miles the company also owns a splendid water right conveying sufficient water for all purposes the gravel has an average depth of four teen feet and there are approximately 2 cubic yards of gravel worth thirty five cents per yard the property covers part cart of tile the richest ground in the camp it being left unworked owing to natural conditions which could not be surmounted by the necessarily crude methods used in early days drifting and ground sluicing operations have been carried on oil in a desultory fashion oil for several years and have always been highly profitable to the different operators as high as to the set of timbers being obtained on bedrock bed rock the present company is seeking additional equipment capital and when that is secured the property will at once be placed upon a producing basis it has all the natural conditions calculate to make its operation a signal success it is so situated that it can be operated by hydraulic while it is also an ideal dredging proposition |
