CROWN SYNDICATE PROPERTIES


The Crown Syndicate properties are the center and Apex of one of the most valuable mineral veins in Colorado.  The major vein is base metal(lead, zinc, copper with large precious metal values) and many crossings by smaller pyritic veins.

The A.A. Steele report on the Lord Byron Gold Mine shows exceptionally high values based on an expectation of average vein widths of 2 or 3 inches found during early development work in areas near the surface..  The ore veins were later found to penetrate the dike and reach widths of at least 10 feet.

Humboldt Consolidated, based on their mining operations(1936-1939) above the 2nd Level found  vein widths of 10 feet.

The Lord Byron Gold Mining Company invested approximately $1,500,000(1898-1900) in development funds with which the mineral reserves of the Lord Byron and the Lord Wellington Lodes  were established.  Of those reserves, only 10% have been mined to date.

Those development funds, in today's dollars, would be roughly equivalent to $75,000,000.

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"The principal authorities consulted in the preparation of this project have been the various engineering hand books and the trade publications of the makers of mining machinery, but chiefly the notes of the lectures on mining delivered by Professor Munroe and Professor Peele. These would have been of little avail, but for the patient personal assistance of Professor Peele to whom the author is deeply grateful."





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