A correspondent of the Tribune describes at length the mining camps about Lake Valley, New Mexico, hitherto thought likely to be the central camp of that region, and then graphically tells the story of the recent "rush" to the Perche district. Within a month of the first strike of silver ore the country was swarming with prospectors, and a thousand or more prospects had been located.

The Perche district is on the eastern flanks of the Mimbres Mountains, a range which is a part of the Rocky Mountain range, and runs north and south generally parallel with the Rio Grande, from which it lies about forty miles to the westward. The northern half of these mountains is known as the Black Range, and was the center of considerable mining excitement a year and a half ago. It is there that the Ivanhoe is located, of which Colonel Gillette was manager, and in which Robert Ingersoll and Senator Plumb, of Kansas, were interested, much to the disadvantage of the former. A new company has been organized, however, with Colonel Ingersoll as president, and the reopening of work on the Ivanhoe will probably prove a stimulus to the whole Black Range. From this region the Perche district is from forty to sixty miles south. It is about twenty-five miles northwest of Lake Valley, and ten miles west of Hillsboro, a promising little mining town, with some mills and about 300 people. The Perche River has three forks coming down from the mountains and uniting at Hillsboro, and it is in the region between these forks that the recent strikes have been made.

On August 15 "Jack" Shedd, the original discoverer of the Robinson mine in Colorado, was prospecting on the south branch of the north fork of the Perche River, when he made the first great strike in the district. On the summit of a heavily timbered ridge he found some small pieces of native silver, and then a lump of ore containing very pure silver in the form of sulphides, weighing 150 pounds, and afterward proved to be worth on the average $11 a pound. All this was mere float, simply lying on the surface of the ground. Afterward another block was found, weighing 87 pounds, of horn silver, with specimens nearly 75 per cent. silver. The strike was kept a secret for a few days. Said a mining man: "I went up to help bring the big lump down. We took it by a camp of prospectors who were lying about entirely ignorant of any find. When they saw it they instantly saddled their horses, galloped off, and I believe they prospected all night." A like excitement was created when the news of this and one or two similar finds reached Lake Valley. Next morning every waiter was gone from the little hotel, and a dozen men had left the Sierra mines, to try their fortunes at prospecting.

As the news spread men poured into the Perche district from no one knows where, some armed with only a piece of salt pork, a little meal, and a prospecting pick; some mounted on mules, others on foot; old men and men half-crippled were among the number, but all bitten by the monomania which possesses every prospector. Now there are probably 2,000 men in the Perche district, and the number of prospects located must far exceed 1,000. Three miners from there with whom I was talking recently owned forty-seven mines among them, and while one acknowledged that hardly one prospect in a hundred turns out a prize, the other millionaire in embryo remarked that he wouldn't take $50,000 for one of his mines. So it goes, and the victims of the mining fever here seem as deaf to reason as the buyers of mining stock in New York. Fuel was added to the flame by the report that Shedd had sold his location, named the Solitaire, to ex-Governor Tabor and Mr. Wurtzbach on August 25 for $100,000. This was not true. I met Governor Tabor's representative, who came down recently to examine the properties, and learned that the Governor had not up to that date bought the mine. He undoubtedly bonded it, however, and his representative's opinion of the properties seemed highly favorable.

The Solitaire showed what appeared to be a contact vein, with walls of porphyry and limestone in a ledge thirty feet wide in places, containing a high assay of horned silver. The vein was composed of quartz, bearing sulphides, with horn silver plainly visible, giving an average assay of from $350 to $500. This was free milling. These were the results shown simply by surface explorations, which were certainly exceedingly promising. Recently it has been stated that a little development shows the vein to be only a blind lead, but the statement lacks confirmation. In any case the effect of so sensational a discovery is the same in creating an intense excitement and attracting swarms of prospectors.

But the Perche district does not rest on the Solitaire, for there has been abundance of mineral wealth discovered throughout its extent. Four miles south of this prospect, on the middle fork of the Perche, is an actual mine--the Bullion--which was purchased by four or five Western mining men for $10,000, and yielded $11,000 in twenty days. The ore contains horn and native silver. On the same fork are the Iron King and Andy Johnson, both recently discovered and promising properties, and there is a valuable mine now in litigation on the south fork of the Perche, with scores of prospects over the entire district. Now that one or two sensational strikes have attracted attention, and capital is developing paying mines, the future of the Perche District seems assured.