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t I <br /> will not be reiterated here. The aerial tramway Provided all of the supplies for the Gold Prince <br /> Mine and boardinghouse, and reportedly transported building materials used to construct the first <br /> rate boardinghouse and other structures at the site(Sloan and Skowronski 1975:200). The <br /> tramway system reportedly costs$75,000 to construct(Brown 1984:90). <br /> The high investment made in the Gold Prince Mine properties was predicated upon the <br /> assumption that the rich ores from the property could support the operations for some time. In a <br /> report to the shareholders in 1905, W. Z. Kinney the supervisor of the Gold Prince Mine,reported <br /> the ore was so rich it would support the overation for 60 Years (Kinney 1905). Power to run the <br /> new facilities was contracted through the Animas Power Company of Rookwood,Colorado, and <br /> the new machinery was supplied by Denver Engineering Works, Co. <br /> While the exact amount of money mode by the Gold Prince Mine Company after their <br /> acquisition of the Gold Prince Mine is not known, it may be presumed that a hesitby profit was <br /> seen to justify the expense of constructing the aerial tramway and boardinghouse. The <br /> expectations of the Gold Prince Mine Company for the longevity of their endeavor were not mct, <br /> and decreased productivity coupled with increased production costs marked the demise of the <br /> company. In 1917 the Gold Prince Mines Company was sold to the Sunnyside Mining <br /> Corporation. The large mill at Animas Forks and the aerial tramway system were dismantled, and <br /> the materials used at the Sunnyside mill facility in Eureka. Sunnyside Mining and Milling went <br /> through bankruptcy after World War H and was sold to Henry H. Franklin in 1948. In the 195Us <br /> the Property was again mined by Standard Metals. Evidence of the 1950s mining includes <br /> modification of the aerial tramway loadout into a truck loading facility. Sunnyside Gold <br /> Corporation, an Echo Bay Company, acquired the Gold Prince Mime in 1985. <br /> STATEMENT OF OBJECTIVES/RESEARCH DESIGN <br /> The primary objectives of this assessment is to determine if the Gold Prince Mine and <br /> associated facilities are a significant historic resource with sufficient integrity to be worthy of <br /> inclusion in the National Register of Historic Places. If the property is viewed as si <br /> will be necessary to determine wether the proposed than it <br /> proposed reclamation work will impact significant <br /> portions of the site. <br /> Determining the historic significance of this site requires relating the site to the history of <br /> the area, and also evaluating it's potential for providing important from it's architectural, and <br /> historical archaeological remains. The Gold Prince Mine near Silverton, Colorado falls within the <br /> geographic area defined by the Colorado Historical Society as the Colorado Plateau Country . A <br /> Historic Context Regional Research Design has been prepared for this area that defrnes important <br /> research themes and questions that should be considered by researchers working in the San Juan <br /> Mountains. Given the time span of mining activities at the Gold Prince Mine, it falls within two <br /> distinct periods defined for the region including Precious Metals Mining(1870-1890), and Modem <br /> Mining(1890-1945). <br /> Within the precious Metals Mining(1870-1890) theme research questions include: <br /> 1. What cultural resources, if any, can reveal information about social life in now <br /> abandoned small mining towns(this is interpreted to be all mining communities). <br /> 9 <br />