PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V7 2004 INDEX
E-SYLUM ARCHIVE
The E-Sylum: Volume 7, Number 23, June 6, 2004, Article 17 COLORADO GOLD RUSH LEGACY On May 29, The Rocky Mountain News in Denver published and interesting story about the Cripple Creek and Victor Gold Mining Co. "In a dimly lit room the size of a living room, a thick graphite caldron sits atop a blazing furnace. It cooks gold. About 850 ounces daily, worth approximately $300,000. It belongs to the Cripple Creek and Victor Gold Mining Co. - the last remaining miners from the area's gold rush that began more than 100 years ago. The company will pour its 2 millionth ounce of gold from the Cresson mine and celebrate its 10th anniversary June 10." "Spread out over more than 4,000 acres, Cresson is a hard mine to work, most observers say. Most of its rich ore was pulled out by miners a hundred years ago. What remains are faint, almost invisible, traces of gold in hard rock. It's estimated 3.97 million ounces in reserves will be mined through 2012. "The old-timers got all higher-grade ore from Cresson," Hampton explained. "We are sort of mining the halo around it." Some 320 full-time workers and about 40 contractors work round-the-clock shifts at the mine." "To the uninitiated, the Cresson mine in Teller County west of Colorado Springs might resemble a moonscape: a barren, rocky surface scarred with holes from underground mine shafts dug during the early 1890s. It started when Bob Womack, originally from Kentucky, discovered a gold vein in the area - then called Poverty Gulch - in 1891. One of the richest gold finds in America, it triggered a gold rush in Colorado that lasted for many decades. "Free gold sticks out of the rock like raisins out of a fruitcake," a local newspaper reported." To read the full story, see: Full Article See also the American Numismatic Association online exhibit of Colorado Pioneer gold coins from the earlier 1860's gold rush: ANA Colorado Pioneer Gold Coins Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V7 2004 INDEX
E-SYLUM ARCHIVE