B. AND M. OFFICERS.
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They Are Inspecting the Lease on the Santa Rita.
Alexander Campbell, superintendent of the Burlington and Missouri road, George Hocknell, president of First National bank of McCook, Neb.; Dr. Rohrig, surgeon of the B. & M. road, and J. L. Brown, a wool and hide merchant of Denver, are in camp.
They are prominently connected with the B. & M. Leasing company, which holds a bond and lease on the Santa Rita mine on Squaw mountain, and are here partly for the purpose of looking at the property.
Superintendent E. F. Conant of the mine, showed the party over the district yesterday, and they were much pleased with what they saw.
The Santa Rita now has three levels, but only the lower one is being worked, it being in much better ore than the first two.
One result of the visit will probably be that the shaft will soon be put down an additional 150 feet and another level run on the vein.
Superintendent Conant is making a good payer of the Santa Rita, and its wealth will doubtless be much greater with depth.

A carload shipment of about five-ounce ore has gone out from the A. B. Heath lease on the Santa Rita, on Squaw mountain.

Manager Conant of the Santa Rita will start lowering his shaft another 100 feet immediately. This is proof positive that the property is showing up well. The shaft is now 400 feet.

A production of 100 tons a month is being made at present from the Santa Rita on Squaw mountain. The grade of ore is from 1.20 ounces to fifteen ounces. The middle grade is about $135 ore. It is coming from the levels from 500 to 600 feet from the surface. Three men are working on ore, while a larger force is being used on development work.
This development consists in prospecting at the 600-foot level, where crosscuts are being run for parallel ore bodies. The output is made to pay for the development work, nothing more being attempted.

Cripple Creek.—(Special.) — Now that the Atlantis Mines Corporation has taken up the bond on the Santa Rita claim the directors of the company have outlined their plan of development work for the future. A new plant of machinery is to be installed and the work of straightening the incline shaft commenced right away. With that work finished the company will start to sink another lift and then go for the ore.
In the present shaft there is a good-sized streak of fifty-ounce ore, and it is a well-known fact that with another couple of levels opened the company could easily start the payment of monthly dividends.

The lessees in the Cripple Creek district seem to be doing a thriving business, as a number of them have during the past week made shipments of ore that run considerably above pay. The lessees on the Santa Rita on Squaw mountain have sent out two cars of ore which will return them $1,000 per car.

The Grace Gold Mining Co. has installed a six-drill compressor on its Squaw mountain property. Two drills will at once be put to work on development and air will be supplied for a like purpose to the adjoining properties— Home Run, Santa Rita, and the Nevada King tunnel.

Victor.—Frank Caley and associates, operating on the Santa Rita, on the south slope of Squaw mountain, have renewed shipments to the small cyanide mill on the property, and from now on they expect to handle about 15 tons of ore daily.
Operations are conducted in the Santa Rita tunnel at a point approximately 300 feet from the portal, where a soft oxidized vein varying from six to eight feet wide is being broken. Values range from $7 to $15 in gold to the ton.

The Atlantic Mines Corporation has leased the Santa Rita mine, on Squaw mountain, to Daniel Mahoney. The mine is equipped with a good plant and work will be started at once on the main Santa Rita vein north of the shaft.

Twenty-five tons of ore shipped from the Santa Rita mine were settled for on the basis of $.56 per ton.

On the shipping mines list once more is the Santa Rita, a Squaw mountain property operated under lease by J. Maloney of Victor. He has opened a rich shoot at the third level of the Santa Rita shaft, and the ore is averaging about $40 a ton. The levels in the Santa Rita incline were carried out at depths of 50 ft. apart, but drifting into the hill at third level, the ore is found at about 175 ft. from surface.
The property is owned by the Santa Rita Gold M. Co.

Santa Rita is mine reported as about to resume operations.