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Marble - Colorado Geological Survey

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closing of the Midnight Mine near Richmond<br />

Hill in 1952.<br />

A number of ore deposits are associated with<br />

the Middle Tertiary plutons of the Elk Mountains.<br />

Deposits of contact metasomatic iron,<br />

disseminated sulfide, and fissure-vein leadzinc-silver<br />

occur in and adjacent to granodiorite<br />

intrusives. Except for iron produced by Pitkin<br />

Iron Corporation during the 1960s, and possibly<br />

some sporadic precious and base metal production<br />

from fissure-veins, no significant metal<br />

production can be attributed to the Middle<br />

Tertiary deposits.<br />

At the head of Cooper Creek in the southeast<br />

corner of the Hayden Peak quadrangle, a<br />

contact metasomatic deposit of iron has been<br />

mined by open pit methods. The iron deposit<br />

occurs in highly recrystallized limestones of the<br />

Belden Formation adjacent to Tertiary intrusive<br />

rocks. The ore was emplaced in steeply<br />

dipping fractures which are most likely associated<br />

with intrusion of the White Rock pluton.<br />

The ore consists of massive magnetite with<br />

some pyrite.<br />

As previously mentioned, disseminated<br />

sulfides are a common occurrence in granodiorites<br />

of the White Rock pluton, as well as in adjacent<br />

hornfels and to a lesser extent, marbles.<br />

The deposits are mostly pyrite, but local occurrences<br />

of disseminated molybdenum and copper<br />

have been reported. There are no records of<br />

metal production from altered granodiorite or<br />

other pyritized units. CGS observed an old<br />

prospect adit and dump which was developed<br />

on an outcrop of pyritized hornfels unit at the<br />

southern end of the California placer. Assay<br />

results and panned concentrates from the<br />

dump contained low metal values. These deposits<br />

are not economically important.<br />

Minor, non-extensive quartz-carbonatepyrite<br />

veins cut red-beds, hornfels and other<br />

strata above and adjacent to the White Rock<br />

pluton remote from the subject property. These<br />

fissure-veins locally contain sphalerite, silver<br />

bearing galena, and very rarely gold. Fluid<br />

inclusion data from veins of this type indicate<br />

they are related to post-magmatic alteration<br />

and mineralization associated with the intru<br />

sion of granodiorite, as in disseminated deposits.<br />

Production from these structures has been<br />

minimal. The most noteworthy mine developed<br />

on this type of deposit is the Montezuma mine<br />

just northeast of Castle Peak. Records show a<br />

total production of 6,700 tons of ore. No grades<br />

are available for ore mined or shipped. Fissure<br />

type veins have been reported to occur in the<br />

upper Conundrum valley. The Cummings property,<br />

on the west side of Conundrum gulch, has<br />

been alleged to contain fair values in silver. CGS<br />

did observe and sample a number of pieces of<br />

'Vein float" which were picked up in the stream<br />

bed. No veins were observed on the subject<br />

property. Assay values on "vein float" were low<br />

for both gold and silver (Plate 3, Table 1).<br />

Geochemical analysis of samples taken in<br />

"reconnaissance" fashion by CGS are documented<br />

in (Plate 3, Table 1). Whole rock and<br />

panned stream sediments were tested for multiple<br />

elements. Fire assay and atomic absorption<br />

analyses for gold and silver on select whole<br />

rock samples gave low results. Several high<br />

values for copper, both in pan concentrates and<br />

rock samples are interesting, but are not considered<br />

to be indicative of high mineral potential<br />

within the claim boundary. Assay and<br />

atomic absorption analyses mineralization from<br />

the property were also consistently low.<br />

Although Leadville Limestone represents<br />

favorable host rock in known mining districts.<br />

No Leadville rocks were observed on or immediately<br />

adjacent to the property. This fact, combined<br />

with the complex structure in the area<br />

and the extreme variation in the thickness of<br />

the Belden Formation, make accurate estimation<br />

of depth to this horizon difficult.<br />

Placer gold potential of the claim block was<br />

tested by hand panning methods. This technique<br />

will only test the immediate surface and<br />

cannot lend insight into placer potential of deep<br />

gravels or bedrock surface where most of the<br />

gold would accumulate. The original placer<br />

claims along Conundrum Creek extend for approximately<br />

6,000 feet and from an elevation at<br />

the north of 8,600 feet AMSL to 9,800 feet at<br />

the southern end. The extreme southern end of<br />

the claim block was considered by CGS to have<br />

17

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