Show COLORADO the tomboy gold mines company telluride has closed down owing it is said to the exhaustion of the mines ore bodies the recent strike on the 2600 foot level of the portland gold mining company fred jones superintendent colorado springs has been opened a distance of feet and is 40 feet in width machines have started in preparation for extensive operations the rico min ing and reduction company rico stanley M walker manager has erected a power plant installed machinery in all of its six mines and sunk the argentine shaft to a depth of feet drifts from the foot level have exposed ore the company is financially backed by the national lead company the rico argentine mining company fred W price manager rico is installing new electrically driven co compressors m pres sors at the blackhawk mine since taking over the property in 1925 the rico argentine has erected two aerial tramways tram ways buildings at the tunnel level laid new air lines reconditioned the mine throughout and advanced the workings in I 1 s by feet of new raises and drifts since november 1926 1730 tons of ore have been delivered at the new mill of the international smelting smelling Sm elting company at rico the annual meeting of stockholders of tungsten pro company inc was held at the office of the company in boulder on the stock represented in person and by proxy was largely above a quorum and the presence of stockholders from many remote sections indicated the degree of interest that this concern holds in the minds of its stockholders ohio missouri canada and other sections were represented in person reports of the management show that the boulder county properties are on a highly productive basis present output of mines and mill amounts to about two cars of concentrates monthly with immediate prospects that the mill will be put on a full twenty four hour schedule for the remainder of the year it is forecast that the 1927 production will be in excess of double that of last year with ore reserves increasing constantly I 1 |