Unbridled optimism meets mining realities

Considered a sure bet in 1911, Aspen’s Hope Mine up Castle Creek aimed to be the economic revival of Aspen by finding the lost silver lode under Little Annie’s, only to become the town’s broken dream 18 years later.

Lawsuit leads to financial troubles, before fire fries flotation mill.


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More RECENT Reporting From Aspen JournaliSM

Aspen officials release plan laying out 50 years of water projects

5,820 acre-feet of storage — mostly for emergency use — could cost over $400 million in today’s dollars

Storing water specifically until an emergency occurs is not a decreed beneficial use under Colorado water law. But municipal water providers often have a lot of leeway to plan for future needs, which could include storage projects.