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"When I first came here, the only mine with any development whatever was the Great View. The Anaconda group is a great property. It embraces seven claims — the Great View, Superior, Anaconda, Rose Maud, Grover Cleveland, Excelsior, and a mill site.
This company's first shipment was made one week ago last Thursday. It consisted of one carload, the smelter returning $211.37 per ton on the lot. Subsequent shipments have been so recent that the returns have not been received at the mine.
On the 5th I saw fifteen wagons loaded with ore leaving the mines, and on Monday last twelve more. Shipments are made to the Omaha and Grant smelter at Denver. Only the first grade ore is sent out; the second grade is treated at the company's mill, on Cripple creek.
This is a small ten-stamp concern. It was built last fall, but only ran a few days, the water freezing up and compelling it to stop. It was started up again last Thursday, and is now treating two tons per stamp, or twenty tons daily. Only forty-seven to forty-nine per cent. of the Great View ore is free milling.
"Regarding the other claims of the Anaconda? Well, I regard some of them as very promising. The Rose Maud has just made a strike of seven inches of tellurium ore, the value of which has not yet been determined. Roasted in a forge, globules of free gold cover its surface, and, judging from the tests made, must be very rich.
Some work is being done on the Excelsior, nothing on the Grover Cleveland. The company's manager informs me that he expects to ship two hundred tons a day within a very short time.
"I am not a geologist or a mineralogist, although engaged in mining for many years. I am not, therefore, bold enough to entertain a theory of the formation of this district. The generally accepted idea, however, is that the porphyry has been thrown out through the fissures in the granite, and the mineralized quartz has formed true fissures in the porphyry.
I know of but two true fissure veins which have granite walls. Upon these are located the Washington and the Blue Bell. The other claims have walls of porphyry, I should say that in the Great View is twenty-five feet and the Anaconda vein is between fifteen and twenty feet.
The vein matter is all mineralized, and no sorting is done, except in the Great View."
"What others think of them will be of more value than will my opinion. I am more than pleased with the outlook, and I am spending my money with confidence. I have been much encouraged by the visit of Professor Jones, of Utah, who spent six days here in the interest of Gen. Palmer and the Rio Grande Western railway.
He said to me before leaving: 'I have been examining mines for the past eight years—probably averaging one hundred a year. I have never seen a more promising district than this. In fact, the Anaconda is the greatest prospect I ever saw. The Buena Vista is doubtless a splendid mine. Rich however, as some of the vein matter is, I do not believe the mother vein has yet been found. I believe it and the greatest mines are yet to be discovered!'
When the professor was here Anaconda stock was selling at 25 cents. Knowing that he had bought some of it, I questioned him as to how long he intended holding it, to which he responded: 'When it reaches $2.50 I will sell, and it should go to that point very soon.'"The mines of the Anaconda company are regarded as the greatest wonders of the Cripple Creek district. They consist of three claims on the southeastern slope of Gold hill, the Superior, Great View and Anaconda; one across the gulch, on what I believe is called Little Bull mountainEnnis Mountain [aka Raven Hill], the Rose Maud; and three in Squaw gulch, directly south of Gold hill, the Excelsior, Oro Fino and Grover Cleveland.
The principal developments have been in the three first named, although a shaft is being rapidly sunk on the fourth, the Rose Maud, with gratifying results.
The chief interest in the Superior, Great View and Anaconda is in the manner in which they are being opened, the counterpart of their workings, present and prospective, being found nowhere else in this country, I believe, save at the Father De Smet mine, at Deadwood.
A very extensive dyke of mineralized porphyry runs across Gold hill northeast and southwest, and these claims extend along its coarse their entire length. The apex of the vein is in places scarcely more than six feet from the surface. On the southeast a distinct wall of porphyry is outlined. On the northwest seventy-five feet of prospecting had, at the time I visited the property, failed to disclose any wall.
The company started in on the southeast end-line of the three claims, and are working northwestward, by a series of open cuts and shallow shafts, it being intended to strip the vein, its entire length within their lines, of the shallow surface, and quarry from the top, precisely as granite is quarried.
To a certain depth this of course can be done more economically than any other way, and the future is already being provided against by the running of a tunnel into the hill from the level of the gulch.
At present the development has the appearance of a wide cut in the hillside, as if made for a railroad. Timbering will of course not be necessary, or at least only a small amount of cribbing on the upper side line, to prevent the surface ground from falling into the workings.
There will be, for a long time to come, and until water level is reached, no water to contend with, no timbering and no bad air. The work of extracting the ore will be carried on in the sunlight, the product will be loaded on to wagons at the surface, and transported down to the mill or the railroad in the gulch below.
Thus it will be seen the Anaconda's chief property constitutes an ideal mine.
The Rose-Maud, and the three claims in the same consolidation down the hill and across the gulch, are separate propositions, but if the reasonable expectations of the owners are realized, the Rose-Maud is likely to develops into a bonanza itself.
The vein material which I saw being loaded from the mines on Gold Hill was complex, and I should say that if the same general characteristics continue, the bulk of the product will be shipped to the smelters in the valley, as but little of it, comparatively speaking, is free milling.
There are thin streaks of crystalized quartz found in cavities, resembling some ore I saw taken from the Amethyst mine at Creede; there are also streaks of tellurium, not dissimilar to that of Boulder county, and again rich streaks of coarse free gold.
In seams between the rocks is found considerable quantities of a coarse mineralized gravel, and the manager told me all of this was being shipped, its contents being about as valuable as the quartz or the tellurium.
I washed several pans of this dirt, and found colors, as well as black sand, said to be rich in gold contents.
The Anaconda company owns a fifteen stamp mill, which I have before referred to, at the mouth of Squaw gulch, now running on selected lots of ore, but of insufficient capacity to handle any large percentages of the possible product.
A comfortable office has also been erected at the foot of Gold hill, where some very seductive samples of mineral from the various properties in the vicinity are exhibited.
From statements made to me by different parties, and which pass current on the ground, as to the precious metal contents of the ores, I have compiled the exhibit of values appended, and is given for what it is worth:
| Claim. | Average Assays. |
Smelter or Mill Returns. |
Picked Specimens. |
| Rose Maud (stamp mill) | $200 | $2,000 | |
| Great View | $50 to $500 | $90 | |
| Anaconda | $217.87 | $1,050 |
The mine will be in charge of Mr. Hoskins.
The high grade ran $430 to the ton, and the low grade $130. These are the best results from Anaconda ore which have yet been had.
Name: Anaconda
Owner: Anaconda Gold Mining Co.
Capital: $5,000,000
President: D. H. Moffat
Vice-President:
Secretary: R. H. Reid
Treasurer: Geo. E. Ross-Lewin
Superintendent:
Manager: N. H. Cone
Lessees:
Description: 4,500-foot tunnel; steam
Employes: seventy-five employes
Contact: postoffice. Anaconda.
Notes: own Anaconda group
If the sale is made almost enough money will be secured by this company to pay off the indebtedness. While it is by no means sure that the rumor is correct, the company's affairs are certainly more hopeful.
On December 7th an important strike was made at a depth of 850 ft. The vein is supposed to be the famous Mary McKinney shoot.
Should the strike prove up what is expected, property holders on Gold Hill will be greatly encouraged.
Name: ANACONDA M. CO.
Capital: $2,000,000; par value, $1; 420,000 shares in treasury.
President: Adolph J. Zang
Vice-President:
Secretary: F. J. Campbell
Treasurer:
Superintendent:
Manager:
Office/Contact: 1434 16th St., Denver.
Lessees:
Description/Note: Properties are being worked by a large number of lessees, several of whom are shipping. About $3,000 in royalties received each month by the company. This company is the result of the recent reorganization of the old Anaconda Gold Mining Company, whereby the capitalization has been increased, the debts of the old company paid, a large amount of treasury stock provided and the stockholders have received one share in the new company for each share of the old. See Plats M, N, T, U.
Owns: Anaconda, Superior, Great View, Excelsior, Rustler, Kitty M., Oro Fino, Puffer, Glover Cleveland, Lone Star, Lone Star Nos. 2 and 3, Little Mac No. 2, Sarah B., Napoleon, No Name, Ivywild, Hub, Grace Greenwood and Free Milling, 93.120 acres, all patented, on Gold Hill in N. W. ¼ Sec. 19.
F. J. Campbell, of the Vindicator, is general manager and Milo Hoskins is superintendent.
There are 25 lease blocks of the company's property now being worked, the royalties from which amount to about $2,000 per month. The treasurer's report for the year show total receipts, $27,817; expenditures, $14,435; cash on hand January 1st, 1901, $13,382; stock in treasury, 394,992 shares.
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Documents recently filed in the Teller county records contain a clause which demonstrates beyond question that the fight against the Western Federation of Miners by the Colorado Mine Operators’ Association is being systematically waged.
The documents referred to are articles of incorporation of the Milwaukee Mutual Mining Company and a lease from the Anaconda Mining Company to the Milwaukee company, whereby the south half of block 46, all of block 47, and part of the Grover Cleveland claim, are leased for a term of two years, the Milwaukee Company agreeing to perform 100 shifts per month. The clause referred to is as follows:
"The lessees hereby agree that they will employ no labor upon the premises that is not satisfactory to the company and to the Mine Owners’ Association, and that on or before the 10th day of each month, during the term of the lease, they shall furnish to the secretary of the Cripple Creek District Mine Owners' Association at its offices in Cripple Creek, Colorado, a list of all the men employed by them, and they will promptly discharge any man by them employed upon notice so to do by the company.
The lessees further agree that they will adhere to and abide by all regulations established by the Cripple Creek District Mine Owners’ Association with reference to the discharge and employment of labor."
The contracting parties are P. H. Jones and C. J. Billersbeck, for the Milwaukee company, and F. J. Sigel, president, and F. J. Campbell, secretary, of the Anaconda company.