Emma—A year ago Count Pourtales and T. C. Parrish leased the Emma mines, Nos.1 and 2, at Cripple Creek, of Messrs. Morse Brothers for 3,000 shares in the Bull Mountain Mining Company's stock and $25,000, to be paid at the expiration of the lease, April 1, 1893.
Messrs. Pourtales and Parrish have secured for $8,000 cash an extension of the lease to October 25th, 1893, when $17,000 additional is to be paid.

Principal Producing Cripple Creek Mines - 1898:

Name: Emma Mine (Bull Hill)
Owner: Isabella Gold Mining Co.
Capital:
President:
Vice-President:
Secretary:
Treasurer:
Superintendent:
Manager: F. T. Freeland, Cripple Creek
Lessees:
Description: 55-foot shaft; 20-horse power vertical boiler 6x8 double flat friction hoist.
Employes: seventeen employe's
Contact:
Notes:

Cripple Creek—The Isabella is shipping 1,200 tons per month of smelting-grade ore and 100 tons of dump stuff is run through the mill daily.

The Emma No. 1 lode mining claim, situated on the northeastern slope of Bull hill, owned by the Isabella Mines company, is the scene of a recent discovery that promises to develop one of the sensational rich finds of this district.
The property in question has been operated for the past two years by the leasing firm of Hill and McBurnie, of this city {Cripple Creek], with fair success.
These lessees, operating through the Emma No. 1 shaft, have made a fair tonnage of milling grade ore, with an occasional shipment to the smelters.

The biggest lease ever granted on a producing mine in the Cripple Creek district has been given by the Isabella Co. to the Western Investment Co.
This covers 65 acres of Isabella ground on Bull hill for a period of two years. Extensive operations will be started immediately and satisfactory results are anticipated, as some of this property is the most promising in the district.

DENVER, COLORADO—Leases granted recently include one on the nine claims belonging to the Isabella Mines Co., to the Western Investment Co., of Victor.

The biggest lease ever granted on a producing mine in the Cripple Creek district was recently executed when the Isabella Gold Mining Company turned over to T. B. Burbridge, of Denver, and the Western Investment Company 65 acres of Isabella ground on Bull hill for two years, on a graded royalty.
The lease covers the following properties: Empire State, Emmas 1 and 2, Comet, Tom Thumb, Bully, Snow Bird and Jack Rabbits Nos. 1 to 5. [possible print error for 3? Not been able to find Jack Rabbit No.5, and from another journal there should be one less claim than there are Jack Rabits, but, if I think 5 is a error for 3, it all fits, and those can be alike so I think I have it right.]

Isabella—The August production of the Isabella property was 1232 tons, of an average of about $25 per ton. It was produced entirely by lessees.

Isabella—The leasers on this company's properties will this month have produced approximately 1500 tons of ore, estimated at a value of 1 oz. gold per ton.
A Seattle company has taken a three-years' lease on the mill and tailings dump.

A rich strike is reported by Davis, Hughes & Co., operating in the Emma No. 1 shaft, one of the Isabella properties on the north slope of Bull hill.
A shoot of ore five feet wide has been opened for 50 ft. and grab samples assay $60 to $80 a ton.

An important discovery has been made on the Emma claim of the Isabella estate, located on the north slope of Bull hill, and it is believed that the lessees, A. Kellum & Co., have opened the famous Emma vein which has produced a great deal of ore in the past.
At grass roots a vein which is 3 ft. wide, composed of mud, quartz and sand, has been opened, from which ore running around $80 a ton is being mined.

During July 58 cars, equal to 1500 tons, of ore was shipped from the Isabella mine. E. J. Fackerell, a lessee, is at present developing a new ore-shoot, opened by him on No. 4 vein. The drift driven north and south has already proved the shoot for the distance of 30 ft., and the ore broken fully 3½ ft. wide, as exposed in both headings, is worth from $40 to $80 per ton.

Stockholders of the Isabella Mines company are invited by a circular letter signed by C. M. Carson, vice-president of the company, to participate in the organization of the Isabella Leasing company, formed for the purpose of further development of the Isabella estate on Bull hill.
As set forth in the letter, development on company account has been impossible "because of the advance in price of mining material and labor, occasioned by the "War."

The lease, it is understood, will be granted the new company for a five-year term, with the privilege of a three-year extension, and royalties on ore marketed will be on a sliding scale.
The ground included in the lease extends from the eleventh level of the Lee shaft to the bottom, or fifteenth, level, west from the west sideline of the Orphan No. 1 and includes the Orphan No. 2, Ida Bell No. 1 and 2, Emma No. 1, Comet and Jack Rabbit lodes No. 1 to 4 inclusive, X. J. Gold, Bully, and Tom Thumb lode claims.

It is proposed, according to the circular, to start work on the 15th level of the Lee shaft, taking advantage of a cross-cut 1000 ft. long and to continue the cross-cut 300 ft. to cut the Sump and Buena Vista veins.
The veins would then be cut at a depth of 450 ft. below the Buena Vista and Sump oreshoots that produced approximately three million dollars.
It is further proposed to continue the cross-cut some 200 ft. farther to explore the junction of the Buena Vista and Maloney veins, the No. 2 vein, No. 3 vein, and finally the Emma vein.
All of these veins have produced ore in the upper workings.

Subscriptions to the leasing company stock will be limited to 6000 shares of the par value of $1 each.

The old and well-known Isabella mine, during the active speculation that formerly prevailed in Cripple Creek stocks, was for years used as the basis for numerous stock-jobbing schemes.
Owing to the relative inactivity of this mine for some time past, a movement has been started by stockholders to interest a sufficient number of such stockholders in the proposed Isabella Leasing Co., to be capitalized at $25,000 with shares at one dollar par.
Capital derived from disposal of this stock will be devoted to development of new ground. Ore produced by the leasing company will be charged royalties ranging from 8% to 30%, depending upon grade of shipments.

The Isabella Leasing company has the 15th level of the Lee or main shaft of the Isabella Mines company unwatered, and cross-cutting has started for the Buena Vista, Emma, Maloney, Orphan Belle, and other veins that have been ore producers in the past.