IRONCLAD BONANZAS
—————————
The Climax in Great Ore.
—————————
Ironclad hill is fast making a reputation as a producer of bonanzas. The last to lay claim to the distinction of a mine is the Climax, owned by Messrs Houlahan, McCoy and Cody and located near the Ironclad and Londonderry.
Ore has been shipped from the property for several weeks, but the fact has been kept quiet. One carload of high grade ore was shipped to Denver averaging over twelve ounces to the ton and three cars were sent to the cyanide mill that ran nearly $40 to the ton.
Work has been going on on the property for three years past, during which the owners have met with many difficulties and discouragements. The formation was broken up and the ore pockety, but perseverance was at last rewarded after a long search and running several hundred feet in drifts and crosscuts.
A permanent ore chute now seems to have been entered and the Climax takes place among the regular shippers. It is located near the Oro; the Hardwood and Maud S. of the Damon company are in close proximity and the Bonanza Queen, recently purchased by W. S. Alexander and others, is in the same locality.

The Climax is being worked under lease. The vein in this mine has been pockety thus far, but quite rich. It seems to be getting more regular in value with depth and the output which has been about seven tons a week of three to four ounce ore, will now be doubled. Londonderry Gold Mining Company owns this claim.

Colorado Springs, Nov. 16.—The Exposition Mines and Leasing Company, composed of St. Louis and local mine operators, working three successful leases on the Midway, Gold Sovereign and Burns, of the Acacia Company, has made a strike within the last 24 hours on the Midway claim on Bull Hill.
At a depth of 120 feet a 12-inch streak of $40 ore has been encountered. The proximity of this property to the Wild Horse and Damon properties leads to the belief that the ore shoot may be a permanent one.

Cripple Creek, Colorado.—Oscar Fogleman, lessee of the Midway mine on the Saddle of Bull and Ironclad hills, is building an ore house which will soon be ready for the reception of ore.
The shoot was struck 50 feet from the shaft at a depth of 186 feet. It is understood a drift advancing on the body has exposed an increased width. It runs well in gold.

Cripple Creek, Nov. 18— A number of new leases are starting operations in various parts of the district. Probably, however, the most active hill in the district at present is Ironclad.
On this hill are a number of leases on the Jerry Johnson, the Forest Queen, Pride of Cripple Creek, Montrose, Long John, Midway, Teutonic, and several others.

It is reported that Edward Doyle and associates, opening on the Climax claim of the Londonderry company, on Bull hill, have made a strike at a shallow depth.
Several days ago these lessees opened up an ore body of low grade, which gave returns of from $5 to $12 in gold to the ton. It is said that these lessees have encountered a vein one and one-half feet wide which carries five-ounce values. The lessees are shipping their low grade to a cyanide mill for treatment.

Cripple Creek.—S. A. Stafford & Bro., leasing on the Midway claim of the United Mines Company at Altman, have made quite a strike at a depth of 240 ft., a 4-ft. ore body being opened 60 ft. from the shaft. The material gives 3 ozs. all the way across and carries a 2-in. seam of talc which assays up to $300 in gold.

Denver.—An electric hoist has been installed by the Sanford Bros, on the Midway claim on Ironclad hill and the lessees are hoisting ore from the recent strike at the 250 level.
The vein is 3 to 5 ft. wide and will ship 2½ ozs. per ton.

Cripple Creek.—Stafford brothers are stoping at a depth of 100 feet in the Midway claim of the United Mines property on Bull hill and are mining between four and five cars of ore a month.
The vein being broken is two feet wide and the returns are averaging about an ounce and a half to the ton.

A carload of ore was recently shipped from the Midway property of the United Gold Mines Co., which averaged $35 gold. This ore came from the 250-ft. level.

Stafford & Co., lessees on the Midway property of the United Gold Mines Co., loaded a car of medium grade ore recently. The ore is broken on the 250-ft. level and averages $35 per ton. The shoot is thought to be an extension of the Wild Horse vein.

A New York syndicate has taken a bond and lease on the Manhattan G. M. Co.'s property - the Londonderry, Wichita and Climax claims on Bull and Ironclad hills - and work will be carried out on an extensive scale.
Little wort has been done on this property since the disastrous fire at the main shaft house several years ago. The Londonderry has produced much high-grade ore.
Negotiations are under way looking to operation of the property through the deeper workings of the Wild Horse shaft of the United G. M. Co.

United Gold—During November, under the leasing system, this company shipped 2500 tons from dump and mine, the average value being given at $30 per ton. Twenty sets of leasers are employed on the various mines of the company, viz.: Wild Horse, Damon, Deadwood, Trail, W. P. H., Montrose, Midway and Trachyte.
A dividend amounting to $40,000 will be paid Dec. 20.

Midway—Twenty-eight tons of ore shipped by Safford Brothers, lessees on this mine, between Bull and Ironclad hills, returned $50 per ton.

Cain and Whitmore have taken a two years' lease on the Londonderry and Climax claims located on GlobeIronclad hill, near Midway. The work will be done through the Londonderry shaft.