|
<br />,_
<br />. .,,~.,
<br />~;
<br />
<br />very little expense
<br /> $QUIp1VIENT.
<br /> The property is fully equipped on the Golden Cycle main shaft for the production and
<br />nder and Revenue of 200 tons per diem. The pumping plant is capable of raising 400 gallons per
<br />ndling
<br />h
<br />t
<br />i
<br />le main workings, .
<br />a
<br />e.
<br />nu
<br />inute from the 500-foot depth. At presP.nt the flow does not exceed LO gallons per m
<br />Russell shaft, but m
<br /> CONCLUSIONS.
<br />or fissures, almost
<br />spurs or branches, I regard this property as a permanent paying mine well able to keep up a constant divi-
<br />a
<br />t
<br />i
<br />bodies. The rock o
<br />ng
<br />dend of one per cent. per month on a capitalization of $2,000,000, at the same time add
<br />tg upon the grade cash reserve at the saine rate.
<br />mber of veins de-
<br /> It fs one of the best flotations, considering the size of the property, nu
<br />le Creek market
<br />Cri
<br />h
<br />aximum of thirty-
<br />pp
<br />e
<br />veloped and the amount of ore insight, that has been put upon t
<br />
<br />/
<br />within my recollection.
<br />eananent paying miue, whose future is so well assured by re-
<br />t a
<br />d th
<br />d
<br />i
<br /> p
<br />a
<br />ee
<br />n
<br />It is seldom
<br />ctually developed, and by the geological conditions of the miue, is placed before the
<br />t
<br />size, and 705 feet y.
<br />sources a
<br />in the manner I understand you are proposing with the Golden Cycle proper
<br />bli
<br />orthern boundary
<br />the veins lt
<br />t c
<br />general pu
<br />I find no evidence of pinching in the veins or lessening of the ore bodies in the deepest
<br />ne
<br />f
<br />r
<br />h
<br />ere
<br />o•
<br />Weans of crosscuts orgo
<br />levels thus far attained in the property, and although it must not be
<br />Minuna
<br />Creek
<br />le
<br />mmon with all other veius of the Cripp
<br />i
<br /> n co
<br />may be expected in the veins,
<br />evidence of such poor zones being reached in this property, and
<br />lel level, and the .District, there is, as yet, no
<br />mediately adjoining to the north, indicates that
<br />i
<br /> m
<br />the experience of the Vindicator company,
<br />onsiderably greater depths. Meanwhile, the large amount of
<br />a
<br />portion of this such may not be met for some c
<br />ments alone insures, in addition to constant dividends,
<br />lo
<br />d
<br />he La Bella vein, p
<br />eve
<br />ore obtainable from the present
<br />nd to meet the developments necessary througlt such poor zones as may be
<br />f
<br />h
<br />ie total 2,170 feet u
<br />as
<br />a large reserve
<br />se necessary to develop all the other known veins to the same dept
<br />th
<br />l
<br />deep; 2, Russell o
<br />as
<br />met with, as wel
<br />al Tender, namely, 700 feet below the surface.
<br />Le
<br />th
<br />if stope 105 feet g
<br />e
<br />already reached on
<br />Respectfitlly submitted,
<br />receding portions CHAS. J. MOORS, I
<br />:ainable from the. Miu.ioag Ercgiiaeer.
<br />med to be 41,294 Cripple Creek, Colorado,
<br />0 per ton. This January 25th, 1901.
<br />tl gross vahte of
<br />var rxoetr.
<br />Ton. ~ Total,
<br />3.51 $325,048 00
<br />.V
<br />i.72 12,986.00
<br />7.10 28,841.00
<br />1.03 195,612.00
<br />..43 71,355.00
<br />'.00 3,455.00
<br />... I ............
<br />$640,300.OD
<br />s
<br />~f
<br />,,,~I -_
<br />_..
<br />
<br />
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