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

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