Show COLORADO eldora record the golden slipper mining and milling company with property near the puzzler mine is said to have worked out a successful eya process for the treatment of its ores ouray herald erald I the valkyrie company has been recently organized for the purpose of developing the valkyrie property through which are said to be running some of the richest veins of the sneffels els district work is being done on both the telluride and ouray sides and a blind vein was recently encountered which shows good shipping values it is anticipated that the development during the winter on this property will show it to be up to the expectations of the valkyrie company which has a bond and lease on the property and there is little doubt that the property will be taken over by the company at a pric of leadville herald democrat mi mining ning M men e n who have been discussing the prospects for the coming year are suggesting the possibilities of operating in those portions of the gold belt that have already been exploited and proved up it is a well known fact that the resurrection mine was not exhausted although the company could not make it pay it is still more certain that the fortune from which james shipped so much high grade ore is not played out neither is the sedalia or the dolly B and several others suppose a large company could secure control of a thousand acres in that section pump out the water which under modern electric methods would not be a heavy expense and then turn the territory over to lessees lessels les sees the herald democrat has no hesitancy in saying that a company formed on these lines would make money hand over fist with the ground properly blocked out employment would be furnished to a thousand men ouray herald the thistledown mine on mt alt hayden has been engaged in development and construction work during the present year about feet of work has been done in the main tunnel and in drifts and raises on the veins the showing is such as to warrant the installation of a mill during the coming year and we are informed that the mill is in contemplation as soon as it can conveniently be installed in the summer A compressor plant with st clair drills have been installed the compressor was placed inside the workings ta excavation being made for it several tons of ore are practically blocked out in the mine and it is the belief that the work during the winter will materially increase the tonnage exposed telluride examiner the alta mines and mill which have been operated steadily by the alta mines leasing company closed down a few days ago while the low price of silver and lead had some influence in causing manager james L brown to take this action it was not the controlling factor the mine mill and tramway were em cloying between seventy and eighty men there being about fifty five on the former and all of course were thrown out of work the mine was producing and mill treating approximately tons of mineral daily the principal values carried by the ore are silver and lead and the recent heavy decline in the price of those metals greatly reduced the profits how long the property will remain idle is a matter of conjecture but it may resume operations the first of february leadville herald democrat george 0 argall of the iron silver mining company has been in detroit and new york for the past week and it is rumored that he is there for the purpose of conferring with the eastern representatives of the company with reference to the early reopening of the moyer shaft mr argall was the assistant superintendent in of the moyer and it is understood stood close to the powers that be in the company he left here shortly before christmas ostensibly for a visit with relatives in the east but it has since leaked out that he has been called into conference with some of the officials of the iron silver company what the result of his visit will be can only be conjectured but it is thought that there is a movement on foot among the and the heavy stockholders of the 0 concern to operate the moyer without any further loss of time |