Greenwood ratifies 40000 bonus for Greenwood Phoenix tramway
Ratepayers of Greenwood approve a bylaw to grant a 40000 bonus for the Greenwood Phoenix underground tramway project. A Chicago and New York syndicate will construct the bore which is deemed feasible and highly promising, with miners confident in the belt’s five mile by two mile mineralized zone. The vote underscores local faith in the venture despite its size and risk.
MENTIONED IN THIS ARTICLE
Greenwood
Greenwood - Phoenix
Chicago
New York
Greenwood-Phoenix
America
West
Greenwood-Phoenix tramway bore to unlock vast ore riches
The article details a large tunneling project in Greenwood aimed at tapping a 600 acre block with eight proven veins. It cites past ore yields from Providence Elk horn Skylark Last Chance and nearby mines, forecasting reduced costs through consolidation, a self-sustaining smelter plan, and a concentrator to handle low-grade ore. The bore is expected to intersect major veins within 1,400 feet and feed a ten thousand ton daily tramway, positioning Greenwood as a top Western mining camp.
MENTIONED IN THIS ARTICLE
Greenwood
Providence
Skylark
Strathmore
Crescent
Bore
Virginia Camp
Col
Georgetown
Cal
Leadville
British Columbia
Spokane
Defiance
Phoenix
Greenwood-Phoenix
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