Show COLORADO A furty y foot ot basalt dike on the big banta claim of ali the unit y e d u alto mines company which has produced ih the greater part of the tonnage from the rose nicol shaft during the past several months has been cut in a drift on the ninth level of the rose nicol and is proving up as large and of slightly better value on this level than the one below it is reported that the famous stevens lead mine has been purchased by F G watrous and associates and now the new smelter is assured this heavy producer of high grade lead ore will ag again gain be in the dividend class the stevens mine is located at the base of grays peak eight miles from silver plume and was worked continually from 1868 to 1912 many tons of 80 to 83 per cent lead ore was lowered over the clif cliffs as by ropes in early days bea before ore a tunnel was driven A mighty good grade of milling ore was recently opened up in the old butterfly mine at ophir loop now owned and operated by the Matt erhorn mining milling company says the telluride journal work is progressing on the new ore body and it is the intention of the company which is operating a small force of men to push work in the section of the new find and later to take out a large quantity of milling ore which runs up tip well in values it is reported from idaho springs that ed chamberlain manager of the elmwood leasing b company has made a sensational discovery on the perry group just outside the city limits of idaho springs A short tunnel has encountered four feet of ore that assays essays from 8 oz gold and oz silver to 17 oz gold and oz silver with picked samples running oz gold and oz silver per ton the ground it is said has been tramped over for forty years without a suspicion that it carried such high values or any values in the precious metals it is believed that the discovery will develop into the richest deposit of gold silver ore ever struck in clear creek county the ore carries free gold and sylvanite the old humboldt property in ute creek near idaho springs which has been operated during the past year under the management of adam leffler one of the miners of this district has opened up four feet of good free milling ore which apparently is one of the old time high grade streaks aks for which the property was noted in years past the new find is is of a lead character but running high in free gold the old mill has been remodeled and is now working in fine shape making a saving of 90 per cent and the product from the mill is being stored awaiting the advent of the new smelter mr fr weeden the mill man says he never saw any better free milling 6 ore than that now being produced in this district he thinks some of the free 6 gold found there is even too big to mill but that the present smelter conditions do not make it advisable to ship to the smelter and that refining the product would be the only way to treat this ore |