Shepherd, Ballard & Kent; Cripple Creek, Colo., Feb. 29, 1896—An important strike made on Gold Hill during the last week when the Maloney lease encountered a new vein which runs very high and promises to produce a large amount of ore.

Important development of property of the Moon-Anchor Co., consisting of the New Moon, Little Annie Rooney, Chance and portions of the Anchor and Anchor No. 2 claims on Gold hill, known as the Moon-Anchor mine, will be undertaken on company account about August 1.
For several years the mine has been operated by leasers. The directors will sink the main shaft, now down 960 ft., an additional 200 ft. and possibly deeper, and will put on a hoisting plant to lift ore 2,000 ft.

R. M. Maloney returned yesterday from a few weeks trip to Deadwood. Mr. Maloney says regarding his lease here on the Anchors, that he had told his men when he left that he expected the output to reach 600 tons for November. They had fallen short of that amount 50 tons and this was due to the fact that seven days had been employed in timbering.
The output from this property for October was 350 tons, a goodly increase certainly for the last month.

Money in London writes there is no doubt that some exceedingly good stuff is coming out of Cripple Creek mines. On the Maloney lease on the Anchor property none of the ore, according to the correspondent of the Engineering and Mining Journal, has returned less than $80.
From a number of other mines comes equally satisfactory reports.