During 1902 the Ironclad Reduction Plant in the Cripple Creek District handled 300 tons of ore at a value of $ 2,400.

The Magna Charta property that adjoins the Ironclad property has several large tanks on the ground for a cyanide plant.

O. B. Finn has a small experimental cyanide plant on the Magna Charter, consisting of leaching vats only. The ore in this vicinity is low grade, oxidized and friable.

Stratton's Independence—It is currently reported that this company has bought the two cyanide mills of the Homestake Reduction Co. on Ironclad hill.
This report, however, cannot be confirmed at present. The Homestake mills have been dry for some time.

During May the output of the Ironclad company's leased mill was 1,800 tons of average value $3.00 for a total of $5,400

Annual Review.
Popularity of Cyanidation.
Other mills operating in the district are the Ironclad, situated on the hill of that name, being the smaller of the two Homestake plants.

Cripple Creek, Colorado.
Homestake Mills Leased.
A five-year lease has recently been granted to the Phoenix Leasing Co. by A. W. Grant, receiver of the Cripple Creek Homestake Mining & Milling Co., on the Ironclad, Annex, and Pard claims, and the larger of the two Homestake mills.
Mining operations will be started at once. It is expected that the mill will be overhauled and put in shape for the hauling of ore by March. The royalties range from 5 to 20 %.

About 12 months ago a similar lease was granted on the Magna Charta and Quartzite claims and the smaller mill, to the Ironclad Leasing Co. This mill has a capacity of 150 tons per day and has been operated very successfully during the last year.

Cripple Creek, Colorado.
Successful Leases.
A clean-up has recently been made after a run of three weeks at the smaller of the two Homestake mills on Ironclad hill. The Ironclad Milling Co. has a lease on this plant and is treating ore averaging $3 per ton obtained from the adjacent property. The gold was shipped to the U. S. mint in Denver and was estimated to be worth $5,000.

The Homestake mill, on Ironclad hill, owned and operated by Thomas Kavanagh, will be operated as a custom low-grade plant some time in August, when ore in 100-ton lots will be accepted.
The ore will be purchased outright, a charge of $3 being made for treatment, which will be the minimum. The ore must be delivered to the mill. Before one lot can be started through the mill, the ore before it must be cleaned up.