IRONCLAD BONANZAS
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The Climax in Great Ore.
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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.

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.

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.