MINEBK00506

• County: Clear Creek
• Document: Manager
• Suffix: A

The cost o[ milling x•lIi range from about GOc to bl ,(
upon the character of the ore and the method of treatment.
the concentrates and smelting ore to the Colorado S Sot
which Iles about one mile and n quarter distnnco by good w
Is usually about 'Sc per ton and about halt that amount if
PnnS's own tenors. The freight charges by- roil to the Snmp
fs f.0c and to the Smelters nt Golden and Dcm~eq which ;;
dismnce respectlrely, 1s about $1.00 to b] "."_;. Per ton. The f
the Smelter usually- ranges tram b1.0U to E30.00 per ton for t
concentrates b1.00 to bi.00, both depending nn the conteal
some. There is plenty of water to be hod for all purpos
Supplies of nli IJnds, also mine timbers ore to be hod lu th
Ceorgetox•n and Idaho Springs. The first mentioned being t
away and the other hr o, four and eight miler respecth~ely.
passenger and freight, puss each sup dally, Ttte weather seh
[tons and the enox• fall Is usually Ilgtt and seldom remnlna c
than two or three days cot the sunny slopes of.the surround)
cnmodutloas are usually very good.
The present equipmeuc of the mill consists of n cruehe
stomps. 10 In number; two GIIPIn county bumpers; rt'lifley
trnnafnnner. The pau'er nsad Ix electricity. Oll:er equipment
type x•111 be Installed ns often as occasion mil demand; some
nlnnl that already in place: so that when completed, the Con
up to date mill calculated to effect It high degree of saring ar
dally cupac(tY. The ImProrements nex• In contemPlntion t
grinding mill, chtesiflerx, sllmers, roaster, etr:, al] of which w
the teat mode scone time ago and o[ which mantloa has ah
Other electrlral equlputenl will be Installed nt the mine so th
ba conducted along the most opprored and economical floes.
Production: f:n :ruempt lu,x been tnodu ul production so 1
_.._ balug in the nature of dcyclopmrnt work on.
to opening up as much ore us poxsible In order I
toot and rahta thereof, ots ue11 as to crentea resen•e In mtlclpntl
lion of a mliling ptrmt of the Company's ox•n. There hna be
end cur loads of ore broken dux'n from n slope which x•ue
ier•t in from the portal of the Ueayer Clty Tunnel and upon
nnmf•. This is being pisced upon n Platform outside the tunny
be token [o the mill ns soon as x;l lpC h;lx been rnnde ready.
xIOpP x'III be en rrlcd on the Golden celn alxo in curb' untlcif
being ready to rncelcr~ It. Other ore x•ill follow ax fast ns It la
other cams, su that it lx eXherted t0 keep the toil) gulag s[e:Wi
heti~m in earnest. The ('otttP:nU' bas ::Ixo contrncted to mill c
cute P. xu that there w(II dOllbIICRN be plouty' to do all the year
siderable rnrenue obtahrad therefrom. Options bore been taken
tic: udlolnlug. which arc cx Peeled to add eery maU•rlully- to
clnlmxitin t,:dlr t~Ut hers oln•r pendlugl: Iuil ofr•x(hcich rlwtlll Ibe lihnfr
Ih(a C'amp:m)' Otte of the I:u~t;est opernlors In the dlslrlrt.
Investment: nx an corer[ n,f•nt• n Ix utaught wut ate xhu
-.-..-. _. pour err ou a par with nn>' olhar tier) c1a
emuerc:ftlsta Tbaln(bmPdnylr Jsa hm estly Itwd tfefficlentlyl unmt
clhlad toward the runscrratlee xld~• In uli ifs transactions. On
in'opositiun 6ux all the a::rwnrl<x of :m early surccss. As such.
to the Inrastor.
_______
or1~IC1:IZS A\A DIItEC'I'ORS
A. W, TEFFT, Presicent H.A. MILLER,'
E. D. PAyNE, Secy. and Gent Mgr.
B. F. RICHARDS, Director R. F. PELOI
N. B.-The first three mentioned •re experienced mining r