Jasper County Democrat, Volume 1, Number 21, Rensselaer, Jasper County, 3 September 1898 — ECLIPSES THE KLONDIKE. [ARTICLE]

ECLIPSES THE KLONDIKE.

Enormous Output of Gold from the Black Hills Region. The output of gold from the Black Hills regiok for the current year, it is estimated, will reach the enormous total of SB,006,000. The prospects were never as good as at present and the producing mines have never paid a more liberal return on the capital invested in them. The Homestake, which is the richest of American gold mines, shows total earnings from June, 1597, to June of this year of $2,494,374.53, the product of 548,390 tons of ore. This mine was discovered by the Manuel brothers in 1876 and they had a rich elephant-on their hands. The ore was of low grade, with streaks of rich material at intervals, and they had a mountain of it. They constructed a crude araster on Gold Run and worked the selected high-grade ore successfully. The late ex-Senator George Hearst of California examined it with the practical eye of a miner. He saw a bonanza, asked their price and paid it. The property is really in its infancy, notwithstanding it has been operated for twenty years. On the 800 foot level they have 600 feet of ore in width. None of the stock of the company controlling the mine ean be purchased at the present time.