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This would later become known as the Cripple Creek & Victor Gold Mine. [16] Most of the Cripple Creek properties were consolidated into the Golden Cycle Mining and Reduction Company, and the Carlton Tunnel was completed in 1941. This 6.5 mile long tunnel drained the district down to 3,000 feet.
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Golden Cycle Mining and Reduction Company, involved in coal and gold mining, operated a custom mill, treating up to 40,000 tons of Cripple Creek ore each month. [14] The mill had rolls, roasting furnaces, and cyanide equipment. [15] In 1900, Cripple Creek was the world's second richest gold camp, bringing in $20 million a year.
The next year, in 1892, Stratton also hit gold in the Washington mine. Stratton became the Cripple Creek District's first millionaire. [1] When Cripple Creek miners went on strike in 1894, Stratton's Independence mine and the Portland mine came to an agreement with them, against the wishes of other mine owners. [2]
It developed as a gold mining center beginning in 1890, with a number of buildings from that period surviving to this day. A majority of the business district as it exists today was rebuilt after two devastating fires in April 1896. [4] The mines in the area were among the most successful, producing millions of dollars of gold in the 1890s and ...
The Mollie Kathleen Gold Mine is located at 9388 Highway 67 in Cripple Creek, which is about an hour west of Colorado Springs. It advertises itself on its website as the "Only Vertical Shaft Gold ...
Winfield Scott Stratton (July 22, 1848 – September 14, 1902) was an American prospector, capitalist, and philanthropist.He discovered the Independence Lode near Victor, Colorado on July 4, 1891, and became the Cripple Creek Mining District's first millionaire in 1894.
The Cripple Creek & Victor Gold Mining Company began the first large-scale open pit mining in the district in 1994. [28] The Cresson mine open pits are located a few miles north of Victor. Mining continues today under the ownership of Newmont Corporation , which boosted gold production from 211,000 troy ounces (6.6 t) in 2014 to 451,000 troy ...