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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:13 pm Post subject: TIDBITS OF INFO- ARIZONA |
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Hoist Accident at Tom Reed Causes Six-Day Shutdown
Repairs to the headframe of the main shaft at the Tom Reed mine, in the Kingman district of Arizona, have been completed and production from the Aztec orebody has been resumed after a shutdown of six days, caused by damage that was the result of the hoist getting out of control. Shaft sinking, which was halted by striking a large flow of water at the 900 level, has also been resumed and will be continued to the 1,000 level.
Page 631 October 20,1928—Engineering and Mining Journal
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:17 pm Post subject: GOLD ROAD MINE EMJ 8 4 1928 |
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Gold Road Mine, in Oatman District, is Purchased
New Electric Hoist Installed at Tom Reed—Tunnels at Old Colony Advanced 300 ft.
A GROUP of Los Angeles men recently took over the old Gold Road mine, at Oatman, Ariz., and operations are to be resumed at once. The new company is known as Gold Road Mining. Stopes will be opened along the Line Road tunnel and drifting will be started from No. 1 shaft. The mill will be started as soon as possible. It is expected that it will handle 100 tons a day. Frank Onetto, who held a lease on the property before it was acquired by the new company, is to be in charge of underground work. R. H. Milne is the superintendent. The mine was first discovered in the early ‘nineties, and has a production record of $10,000,000, it is said.
A new electric hoist has been installed at the Black Eagle shaft at the Tom Reed mine, also situated in the Oatman district. Drifting is being continued toward the Aztec oreshoot from the 800 level of the shaft. The Gavin and GilIan leases, which are on the property of the Tom Reed company, recently shipped 40 tons of ore, valued at $80 a ton, to the mill.
At the Old Colony property on Stockton Hill, near Kingman, Ariz., the tunnel on the 4,550 level and that on the 5,050 level have been advanced more than 300 ft. from the portals. A crosscut from the original tunnel, situated 4,200 ft. above sea level, is being driven to the Prince George vein, which should he encountered at a depth of 170 ft. below the old workings.
This development is being prosecuted by Canadian capital. F. M. Manson is in charge of operations, which are expected to bring this lead-zinc-silver property into production again, following cessation of operations last year.
Shaft sinking at Johnson Copper, in Cochise County, Ariz., has reached 330 ft. Ralph R. Wilson, vice-president of the company, reports a strike of 30 in. of high-grade carbonate ore, carrying copper, silver, and some gold, at a depth of 270 ft. A station will be cut at the 350 level and a crosscut will be driven under the vein discovered at 270 ft. Two shifts are being worked, and the operators expect to start shipments In September. |
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:18 pm Post subject: ANCVINET MINERS OF AZ EMJ 9 23 1922 |
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September 23, 1922 Engineering and Mining Journal-Press 533
Ancient Miners of Arizona Treated Low-Grade Ores
At a number of points in southwestern Arizona have been found the remains of rude adobe furnaces at which Spaniards or Mexicans smelted silver-lead ores from mines considered by the later American miners of no very large value. These old mines seem to have been un-chronicled in the annals of Sonora and were far north of the ordinary range of Spanish activities. One such mine and smelter is near Quartzsite. It was bought lately by D. W. Hall, who has found much ore worth shipment. In this same locality, thirty years ago, a prospector brought to the Colorado River a bar of smelted silver, a veritable “plancha de plata,” a foot wide, 18 in. long and 2 in. thick and weighing about 100 lb. He sold it to the Hodges brothers, of Yuma, whom he told that he had found the bar where it had been partly buried in dirt, possibly after its bearers had been slain by Indians. |
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:19 pm Post subject: ARIZONA MINING NEWS EMJ 9 23 1922 |
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ARIZONA
Merger of Jerome Properties Progresses
—Old Dominion Profits from Sale of Water
Br JAMES H. MGCLINTOOK
Phoenix—James M. Layman, in his consolidation plans at Jerome, is considering a 10,000-ft. tunnel that would cut the Copper Chief and Equator ground at 2,000-ft. depth. Green Monster is still out of the combination. Its stockholders are considering the Layman offer of one share of stock in the new Verde Consolidated Mines & Tunnel Co. for three shares of Green Monster. Stock now is being pooled of the Copper Chief, Equator, Copper Chief Extension, Layman-Washburn, and Larson-Colbath organizations, which it is stated are already secured, whatever becomes of the Green Monster negotiations. There is to be a sale of 1,000,000 shares of pre-organization stock, with supplemental offer of 500,000 shares at $1.
The Mexican Metals Recovery Co., of El Paso, has filed its articles with the Arizona Corporation Commission, with John F. Ross, of Tombstone, named as resident agent. The directors are Elgin B. Holt, C. W. Goedeke, D. A. Richardson, George F. Williams, 3. E. McIntyre, J. J. O’Brien and W. V. Wright.
The Night Hawk Leasing Go., whose operations are at Bisbee, has announced a 10c. dividend.
Ajo—The last big shot has been fired in the surface carbonates of the New Cornelia Copper Co. The discharge of 18,000 lb. of powder broke down about 60,000 tons of ore, leaving little standing of the last of the three hills that formerly marked Ajo from the desert. The new well shaft has been completed to the depth of 650 ft., and now a drift is being run to connect with the old shaft at the depth. This drift in size is 12 by 14 ft. Construction of the new mill is expected to start within a month.
Globe—the Old Dominion is disposing in two ways of the water pumped from its property. It has a ten-year contract with the Miami Copper Co. for 1,000,000 gal. a day of ordinary mine water, delivered as it comes from the drain tunnel. This at the rate of 5c. per 1,000 gal. In addition, there is a special delivery of pure water to the city of Globe, that is taken from a long separate drift by separate pipes and pumps and then repumped from the surface to the city reservoir. For this a charge is made of 121c. per 1,000 gal. |
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:21 pm Post subject: HACKBERRY MINE, AZ EMJ 10 20 1928 |
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Road Is Being Built to American Flag
A ROAD is being built to the American Flag mine, 15 miles east of Hackberry, on the Santa Fe railroad, in Mohave County, Ariz. Wright Creek Mining recently struck a high-grade copper-gold-silver ore at this property. A winze is being sunk from the lower tunnel and has reached a depth of 30 ft. It is reported to be in good ore. The road will, if present expectations are realized, be finished within two or three months and shipments will then he made from the property. Work of developing mill-grade ore will be started when the road is finished, with the hope of providing sufficient to justify the erection of a treatment plant. |
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:22 pm Post subject: ARIZONA MINING NEWS MINING JOURNAL 3 30 1929 |
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for MARCH 30, 1929 MINING JOURNAL
ARIZONA
The new ore body on the Arizona Moss-back property of the Empire Gold Mining Company at Oatman, Arizona, has been opened up for 170 feet on the 400-foot level. The ore is claimed to be 30 feet wide, and to sample $15 in gold. It is proposed to carry the drift farther, and then to sink to greater depth. The new find was made on the opposite side of the shaft from which development has been carried out in the past. The Mossback was recently visited by E. E. Campbell, consulting engineer, now in charge of mining operations in Canada, with headquarters at 425 Brock Building, 200 Bay Street, Toronto. Mark Lauzon of Kingman, Arizona, is actively in charge of operations as general manager.
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With two new pumps installed at the Tom Reed Gold Mines Company, Oatman, Arizona, the company is now able to handle 500 gallons of water per minute. The next work will be the deepening of the main shaft, it is stated, offering better drainage facilities than in the winze, where an ore streak has been followed. Oscar R. Howard, 56 Fremont Place, Los Angeles, is general manager of the Tom Reed, with Victor A. Light, assistant general manager, at the property.
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W. I. Johnson, president of the Northern Arizona Lead and Zinc Mining Company, reports that several hundred thousand dollars worth of ore has been developed at the company’s mines in the Grand Canyon national park of Arizona, and that shipments of the lead-silver product are expected to be started as soon as a hoist is installed near a perpendicular canyon wall on the property, to eliminate 12 miles of packing at a cost of about $25 per ton. Mr. Johnson, who may be reached at Supai, via Grand Canyon, Arizona, also states that about a half a million dollars worth of vanadium ore is in sight on the ground, which is expected to be worked in the near future.
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C. E. Champie of Hot Springs, Arizona, continues to develop his group of claims in that district, known as the Golden Aster Mines, Inc, with satisfactory results. Additional tonnages are being exposed on these holdings, and shipments of ore are expected to be made at an early date. Development work has been carried out principally by tunnels.
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Two new ore bodies have been proven to exist on property of the New Cornelia Copper Company at Ajo, Arizona, following an extensive exploration program by the use of diamond drills. Underground operations will now be resorted to for the extraction of one of these ore bodies, open pit methods having been employed by the company for some time heretofore for development of its ores. The large tonnages of ore proven to exist in the workings warrant the enlargement of its milling plant. M. Curley is general manager, and W. I. DuMoulin is general superintendent.
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The financial statement of the ‘Calumet and Arizona Mining Company, with principal offices at Calumet, Michigan, and properties located at Warren, Arizona, showed earnings, before depreciation, of $5,847,699, equivalent to $9.09 a share on the 642,757 shares of stock outstanding; and a net income, after depreciation, of $5,221,640, or $8.12 a share. These figures compare with earnings of $4,265,-462, or $6.68 a share, and net of $3,725,596, or $5.82 a share, in 1927. The gross income in 1928 was $12,424,567, as compared with $10,916,569 the previous year. Calumet & Arizona, in 1928, produced 52,868,871 pounds of copper, and made deliveries of 54,728,272 pounds. The average price received was 14.864 cents a pound.
During the past year, the company disbursed $4,499,299, or $7 a share, to its stockholders, there, having been but three years since the company first started dividend payments, in 1903, that more cash was paid out. To date the company has disbursed a total of $66,517,888 in the form of dividends.
General Manager Harry A. Clark states that the company’s Bisbee mines produced 511,095 tons of wet ore, which exceeds production for 1927 by 28,965 tons. The total footage of development work of all classes for the year, exclusive of diamond drilling, was 61,808 feet, which exceeds the development work of 1927, exclusive of diamond drilling, 11,187 feet.
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Development work at the Eighty-five mine at Valedon, New Mexico, during the year, exceeded that of the previous year by 2,880.5 feet. Very little new ore was discovered at this mine, but the ore reserves show a small increase for the year, and although shaft repairs interrupted operations, the amount of ore produced was almost exactly the same as in 1927. On the whole, both production and development work of the company substantially exceeded that of the previous year.
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Harry Jennings and associates, of Bisbee, Arizona, are reported to have taken over property of the Calumet and Arizona Mining Company at Copper Creek, Pinal County, Arizona, under lease and bond. A development schedule is expected to be under way shortly.
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The New Cornelia Copper Company, with properties at Ajo, Arizona, Gordon B. Campbell of Calumet, Michigan, president, reports for 1928 earnings of $5,459,129, equivalent to $3.08 a share, and a net income, following depreciation charges, of $5,008,195, or $2.78 a share. In 1927 the earnings were $3,577,712, or $1.87 a share, and the net income was $8,188,771, or $1.74 a share. The gross income in 1928 amounted to $12,884,897, this being comparable with $10,473,004 in 1927. The company has 1,800,000 shares, all of which have been issued.
New Cornelia produced 77,995,281 pounds of copper last year, and made deliveries totaling 89,808,250 pounds, which brought an average price of 14.843 cents a pound at the refinery. In addition, during the year the company produced 171,943.23 ounces of silver, and 16,378.818 ounces of gold.
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Plans for the development-construction program of the Arizona Western Mining and Milling Company include the erection of a small pilot mill on its properties near Cleator, Arizona, it is reported. Sufficient water for the operation of the new mill is available from Turkey Creek. A temporary hoist and a compressor nave recently been installed, and camp accommodations constructed. The shaft is now down about 112 feet. Transportation is easily accessible, a spur line from the Santa Fe railway being situated less than three miles from the camp, and the Black Canyon Highway to Cleator has lately been repaired. J. S. Allen, Box 918, Prescott Arizona, is president of the company.
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Recent development at the Hassayampa Gold Mining Company, about 15 miles east of Kirkland, Arizona, is reported to have opened up 12 feet of $16 gold ore at a depth of about 100 feet. On the high-grade streak, three new openings have been made, showing ore running several hundred dollars per ton.
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The foundation upon which rested the Centripact mill at the Silver Crown mine, Crown King, Arizona, A. C. Jamersbach, general manager, is being put in condition to receive a new ball mill, which will treat about 40 tans of ore per day. Some two years ago, the company’s Centripact mill was washed from its foundation by the sudden breaking of a cement water tank a short distance away. Ores from the mine carry lead, silver and gold.
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Preparations for diamond drilling on the property of the Arizona Cinnabar Company, near Globe, Arizona, and employment of additional miners, have been announced by L. E. Foster, general manager.
The Mercury Mines of America and the Tonto Mining Company are under the same management as the Arizona Cinnabar, and a number of easterners who control the three properties expect to make an inspection tour of these quicksilver mines during the month of March.
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A new stringer, leading to the main vein and carrying high-grade lead and silver, has been reported from the Silver Strike Mining Company at Bowie, Arizona, W. J. Schilpin, president and general manager. This company is developing its property by driving a 500-foot tunnel to intersect known ore at a depth of about 250 feet, and the cutting of the ore at this point, 200 feet from the main lead, is considered by the operators as a very favorable indication. An experimental mill is planned for early installation.
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James Nash has filed on a number of asbestos claims at Globe, Arizona. The claims are located in the Sierra Ancha Mountains, about 1½ miles from Reynolds Creek. Interesting developments are expected in connection with these claims in the near future.
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W. S. Loring, Kirkland, Arizona, manager of Arizona Metals, Inc., has returned from a two months’ stay in San Francisco, where it is understood he completed preliminary preparations for immediate work on a reduction plant in the Kirkland district, whereby it is planned to manufacture “cement copper” by leaching the product of the well-developed underground and surface ore bodies of the Zonia property.
Under the present development plan, the Arizona Metals, Inc., is to be the holding company, with operations in charge of the Zonia Copper Mining ‘Company. A third company, known as the Golden Daisy Mines Consolidated, will remain for a time in charge of certain inactive properties in the vicinity of the operating Zonia.
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Upon a recent visit to properties of the Shattuck Dena Mining Company at Bisbee, Arizona, Thomas Bardon of New York, vice-president, expressed himself as well-pleased with conditions at these holdings. A known ore body, 860 feet in length and of unknown depth and width, carrying copper values between 8 and 10 per cent, with five ounces of silver and $1 in gold, is said to exist in the workings.
On the 2,100 level, Crosscut No. 1, drifting east and west, has extended the ore body 140 feet further than expected. This ore is reported to assay 10 per cent.
In Crosscut No. 2, 100 feet west, about 42 feet of ore, averaging 8 per cent, has been found; and the main drift on the 2,200 level has been advanced 450 feet to the west. Although engineers are positive that the ore body exists on this level, no attempt will be made to develop it until drainage connections have been made with the Calumet and Arizona property. Operations are under the direction of T. 0. McGrath, general manager, and J. G. Flynn, mine superintendent.
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Capitalized at $1,000,000, the Callzonia Mine., Inc., has filed articles of incorporation with the Arizona corporation commission. The board of directors is made up of a group of Los Angeles men, with Wayne Hubbs of 137 North First Street, Phoenix, Arizona, as resident agent. The principal place of business will be at Phoenix.
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The mill of the Silver Pheasant Mine, Inc., which has been shut down for several weeks, making changes in the flow sheet for the purpose of obtaining better recoveries on complex lead-zinc-gold-silver ores, will shortly complete its new flotation installations. The company intends to purchase complex and other ores suitable for concentration from local lessees, and to enlarge the present plant, when production warrants. Lead concentrates valued at $124 have recently been shipped from this property. No zinc concentrates have been shipped as yet, although they average 39 per cent zinc and about $40 in gold and silver, according to W. C. Broadgate, general manager and superintendent. The Silver Pheasant mines are located at Cleator, Arizona.
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It is understood that the Black Canyon Mining Company, Claude Baker, manager, operating the Thunderbolt mine near Cleator, Arizona, is installing considerable new machinery, and expects to begin a somewhat extensive development schedule soon.
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Production of the Phelps Dodge Corporation for the year 1928 amounted to 208,000,000 pounds of copper, compared with 184,858,877 pounds the previous year. Net earnings of the company, after depreciation and taxes but before depletion, totaled $10,077,451, against $8,623,582 in 1927, while total dividends paid in 1928 amounted to $3,500,000, as compared with $8,000,000 the year before. The Phelps Dodge Corporation, and its predecessor, the Copper Queen Consolidated Mining Company, have an unbroken dividend record since 1888. The quarterly dividend, payable April 1 to stock of record March 15, was at the annual rate of $5,000,000.
Tn 1928, the company received an average of 14.70 cents per pound for its copper. Stockholders of the Phelps Dodge voted on February 25, of this year, to change the capital stock from $100 par value to $25 par value, and to issue jour shares of the new stock in exchange for each share of the old. Upon completion of the exchange, the capitalization will be placed at 2,000,000 shares of the par value of $25.
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The lease held by John Moulton and James McCoy on the Evahom mine of the Mohave Mining and Development Company, near Kingman, Arizona, has been cancelled. These lessees shipped several cars of ore from this property during 1928, which, together with two cats shipped by the company, amounted to approximately $6,000. J. E. Mitchell, general manager and secretary of the company, reports that there are several hundred tons of shipping ore valued at from $40 to $50 per ton, available at the mines, and about $200,000 worth of milling ore in sight.
This group of 18 claims is well-equipped with new machinery. Development completed includes a 828-foot crosscut tunnel, with about 1 200 feet of lateral work. Mr. Mitchell ‘has headquarters at 1255 West 88th Street, Los Angeles, California, while E. Ross Householder is acting in the capacity of vice-president and resident agent at Kingman.
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News has been received by stockholders of the Katherine Gold Mining Company, Katherine, Arizona, of the resignation of Charles Sutro, president, and R. L. Dimmick, general manager. A new president will be elected at the next meeting of the board of directors. S. H. Brady, formerly connected with the Tonopah Belmont Development Company and the West End Consolidated Mining Company of Tonopah, Nevada, has been engaged by the Katherine Company as general manager.
Mr. Brady recently completed an examination of the underground workings at Katherine and states that the showings on the 200, 800 and 400-foot levels to the east of the Sutro fault justifies the expenditure of necessary money to develop the vein in that direction. Recent diamond drill work prosecuted by the company is said to have demonstrated the existence of four new veins, which are from 10 to 18 feet wide, and assays taken from the drillings on the 600 and 900-foot levels were reported very satisfactory. A crosscut has been driven to two of these veins on the 600-foot level, assays of which indicate milling values of $12 per ton. The diamond drill holes from the 900 level have also demonstrated that there are two veins about 350 feet north of the shaft, assays of which returned values of from $5 to $15 per ton.
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Development work at the Alpha Mines, Inc.1 Chloride, Arizona, is opening up new additions to the company’s ore bodies: the No. 2 raise in the main tunnel, 1,200 feet from the portal, at a vertical depth of approximately 400 feet, having encountered a new body of ore. A portion of the vein is said to contain high-grade galena, while opposite it on the other side is a showing of copper ore. The crosscut from the No. 1 shaft is being driven steadily toward the Queen vein, which it will tap at such depth as to prove conclusively the worth of the deeper ore bodies, which is the object of the present development program. H. L. Phillips, 903 Spring Arcade Building, Los Angeles, is manager.
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W. D. Grannis of Kingman, Arizona, has left that place for Los Angeles, where he expects to complete negotiations for the purchase of a new compressor and other equipment for the Carbonate Mines Corporation, operating the Gray Metal mines in the Wallapai Mountains, near Kingman. Surveys have been made and a location staked for foundations of the new equipment, which will be put in place upon arrival. It is the company’s plan to continue the sinking of the shaft, for the development of the ore bodies, said to be already disclosed, and to develop water sufficient to warrant the installation of a reduction plant.
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The White Horse group of claims, formerly operated by the Wishon Exploration Company, under the direction of W. W. Wishon, 2217 La Verna Avenue, Los Angeles, is reported to have been taken over by coast parties, who are planning considerable development work. E. W. Kay and Al Moore have taken a contract to drive 100 feet of tunnel on this property, which is located in Mineral Park, near Kingman, Arizona.
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H. R. Lathrop, 116 Beekman Street, New York City, has announced plans of a financial campaign for the Sheldon Mining Company, with properties at Walker, Arizona. Mr. Lathrop is president of the Sheldon Company. The financing plan calls for the raising of $500,000 from the sale of stock, first to present to stockholders, and then to the public, and the listing of the shares on the market.
The income from the proposed plan is to be usedto complete the development work now in progress, to make needed surface improvements and additions to the equipment, to enable the company to exercise its option on a controlling interest in the Humboldt smelter and the De Soto and Blue Bell mines of the Southwest Metals Company, and to retire outstanding obligations. Development of the company’s mines is being pushed as rapidly as possible, about 65 men now being employed, and shipments of concentrates are expected to be started within a few weeks.
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The old Papago Chief mine, located in the Baboquivari mountains, formerly operated by the Three Peaks Mining Company, of Tucson, Arizona, has been taken over by A. L. Lampton, it is stated. It is understood that Mr. Lampton intends to construct a reduction plant on this newly acquired ground in the near future.
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The present management of the United States Navy mine, operated by the Verde Annex Mines Company, W. F. Burns, general manager, Prescott, Arizona, has specifications for the construction of a 50-ton mill of the selective flotation type, which will be installed as soon as the weather conditions permit. After repairing the roads and erecting a bunk house and office building, the development of what has proven to be a shoot of ore in a newly discovered vein is the work now in hand. Crosscutting will be done from the 350-foot level to the new ore body. The mine is five miles from Skull Valley railroad station, at which point the company has set up a 1,500-gallon oil tank, and a tank of like capacity has also been put in place at the mine.
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The 50-ton mill of the Arizona Eastern Gold Mines Company at Octave, Arizona, has now started treatment of ore from its Joker Vein. At the same time, development of the mines is being pushed steadily, 11 men being employed, under the direction of J. S. Coupal, general manager, and M. E. Pratt, general superintendent.
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The Buckeye State Mining and Milling Company has begun to rebuild a number of houses that were recently destroyed by fire at its property near Tucson, Arizona. The camp is being reconditioned preparatorv to further development of the mines and the installation of the first unit of a new mill upon the property. The main shaft will be cleaned out and re-timbered as soon as possible, according to a. J. Earshberger, president and manager, who has headquarters at the Chamber of Commerce, Tucson.
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Renewed activity is in progress in the Camp Creek section of Arizona, about 45 miles northeast of Phoenix, with ore carrying 40 per cent copper being taken from the Lucky Day Mine, formerly known as the Milwaukee. In a mineralized zone that has been traced for 4,900 feet, a 15-foot vein is claimed to sample around 10 per cent copper. This property is under lease and bond to James Meyers of Phoenix, and Otto Breuneaur, a Detroit geologist who is carrying on the development. Several carloads of ore are reported ready for shipment, and this will be facilitated by the new road that has been built by Maricopa County in the Camp Creek Valley.
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A geophysical survey is reported being made on the Mollie Gibson claims at Patagonia, Arizona, by the Radiore Company of Los Angeles, under the direction of William A. Aultman, field engineer for the electrical company. This property is owned by the Arizona Consolidated Copper Company, of which W. J. Mitchell, 104 Sierra Avenue, Nogales, Arizona, is manager.
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The entire flotation department of the New Cornelia Copper Company, Ajo, Arizona, M. Curley, manager, is being remodeled, using Macintosh pneumatic flotation cells, and when all the improvements to the concentrator have been completed, the plant will have a capacity of about 10,000 tons daily. Several additional Symons cone crushers and 24 new synchronous motors are also being installed at the properties, and an additional water supply developed.
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A new thickener has just been delivered at the Payroll Mines, Inc., Lee Campbell, vice-president and manager, Box 263, Chloride, Arizona, and is now being installed. The plant is expected to be put into operation within the next 40 days, in treatment of the company’s lead-zinc-gold-silver ores.
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Reports from the United Verde Copper Company at Jerome, Arizona, show that the present rate of production is 10,000,000 pounds of copper monthly, or 130,000 tons of ore; approximately one-half of this tonnage coming from the shovel pit, and the balance from underground operations. On the upper levels the ore zone is said to be about 600 x 1,100 feet and on the lower levels the ore bodies extend approximately 1,000 feet along the contact, and vary from a few feet to 250 feet in width. The United Verde Company employs around 1,300 men at Jerome, this number being distributed as follows: Mine department, 830; Shovel department, 180; Mechanical department, 180; Office and miscellaneous, 110. Robert B. Tally is general manager, with W. V. Decamp, general superintendent at Jerome, and Thomas Taylor, superintendent at Clarkdale.
The Shattuck Denn Mining Corporation, Bisbee, Arizona, reports for the year, ended December 31, 1928, a loss of $95,879, after expenses and taxes, as compared with a loss of $8,800 in 1927. After charging out depreciation, the net loss was $221,325, against a net loss of $116,954 the previous year.
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At the present time W. F. Grove and Sons of Mayer, Arizona, are working two of the patented claims on the old Sterling Group, located in the Hassayampa District, about eight miles south of Prescott, Arizona, owned by Joe Tomlinson. Work was started on this property in July, since which time an interesting ledge of gold-silver ore has been developed, and eight shipments have been made to the Magma Smelter at Superior, Arizona. The ore is stated to average around $25 to the ton. The old tunnel level made by Mr. Tomlinson years ago, which had gained a depth of 70 feet, has now been developed to a depth of about 105 feet, with promising indications.
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The new mill at the Big Jim Mines, Inc., Patagonia, Arizona, C. D. Pickering, general manager, is now reported to be in regular operation. The plant is of 130 tons daily capacity, and it is understood that the new process evolved by the engineering staff of this company, in the treatment of carbonate lead-silver-gold ores, will be made available to other companies having a similar product to that of the company’s Hardshell Mine.
Directors of the Big Jim, accompanied by 20 of the largest, stockholders, recently visited the company’s holdings, in company with l. F. S. Holland, engineer. The party spent one day watching ore treatment at the new mill, and a day inspecting the Big Jim and Hardshell mines.
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A. R. Phillips reports that work is being carried out on the 50-foot level of his Gold Spot Mine, located near Buckeye, Arizona, 28 feet of drifting being done on the vein. Four feet of ore showing free gold was recently encountered on this property; a small cyanide plant is being used at present, and a new mill will be put in place when about 100 additional feet of lateral work is completed.
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The water level in the Rice Shaft of the Van Dyke Copper Company at Miami, Arizona, has been lowered to provide approximately 200 feet of sump below the 1,200-foot level. The station and drift on the 1,200-foot level were found to be in good condition after the removal of the water. Air and water lines are being extended to this station and work will be started immediately on advancement of the drifts from the 1,200 level. Cleve W. Van Dyke is president of this company.
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Work has been resumed on reclaiming copper from the old dumps of the Gibson Mine, West of Miami, Arizona, by A. B. Miller and H. E. Keyes, of Miami. This is the first work done on the dumps since last November, during which time improvements have been made in the concentrating plant, and a supply of water developed. The concentrates are being shipped by truck to the Magma Smelter at Superior.
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A Dew flume has been constructed at the Verde Central Mines, Inc., at Jerome, Arizona, for the purpose of disposing of tailings from the new concentration mill, in order that they might not collect in the Verde River. The tailings are sent through the flume to a pond, two miles distant, where they are dumped. Considerable difficulty and expense were involved in the construction of this long flume, which is built of lumber and supported by timbers. R. H. Dickson is general manager of the Verde Central.
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Production of the Calumet and Arizona Mining Company, operating at Warren, Arizona, amounted to 5,102,000 pounds, during the month of February, 1929, while that of its subsidiary, New Cornelia Copper Company, at Ajo, Arizona, amounted to 6,008,040 pounds. This is compared with 4,082,000 pounds and 6,534,480 pounds, respectively, for the same month of 1928.
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A contract has been let by the Miami Copper Company of Miami, Arizona, F. W. MacLennan, general manager, to the E. J. Longyear Company of Minneapolis, Minnesota, for the deepening of its main shaft from the 1,000 to the 1,125-foot level. This work will be started within the next 80 or 60 days. The deepening of this shaft is preparatory to more extensive operations and ore extraction from the 1,000-foot level.
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James J. Godfrey, 25 Broadway, New York City, president of the Kay Copper Corporation, has announced that a new milling plant will soon be erected at the company’s mines, located near Canon, Arizona. Gross values of two ore bodies in the mine are placed at $26,714,000. The total width and length of the east ore body is stated to be 105 x 280 feet on the 800-foot and 1,200-foot levels.
This area has been proved by diamond drill work to extend to the 1,525-foot level, at which depth ore has been found to return three per cent copper, carrying $8 a ton in gold and silver. The original ore body is 60x 800 feet in the upper workings, and increases to 80 feet in width on the 1,200-foot level, according to the reports of the company engineers. Operations are in charge of D. J. Richards, mine superintendent.
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Copper production of the United Verde Extension Mining Company, with properties at Jerome, Arizona, amounted to 4,047,610 pounds during the month of February, 1929, as compared with 3,247,052 pounds during the same month of last year. The daily average for February was practically the same as that for January, of this year. It is also interesting to note that production from this company has been steadily on the increase since October. |
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:25 pm Post subject: ARIZONA MINING NEWS MINING JOURNAL 4 15 1929 |
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ARIZONA
The only Arizona mining company to pay a dividend during the month of March, 1929, was the Calumet and Arizona Mining Company of Warren, Arizona. This dividend amounted to $964,135, being the regular quarterly dividend of $1.50 per share. In the preceding quarter, the dividend of this company amounted to $1,606,892, composed of the regular quarterly dividend of $1.50, plus a $1 extra dividend.
Miners of Arizona are now receiving the highest wages ever paid in that state, the result of four increases within the last six months, the last increase of five per cent, bringing the basic wage up to $6.20 per day. The new wage scale was announced April 1, and became effective immediately. On this basis the annual payroll of Arizona has been increased more than $7,000,000 within the last six months. The initial increase applied to 15,500 men, but subsequent increases have been applicable to about 18,000 men. The four voluntary
wage boosts amount to 25 per cent, and all in the increases were based on the $4.95 scale, in
effect, prior to October 1, 1928. The first increase of 10 per cent, announced September 28, 1928, and the three subsequent raises of 5 per cent each are equivalent to a total boost of $1.25. The second increase was announced February 5, the third on March 8, and the fourth and last, April 1. The first raise was based on 15-cent copper, the second on 17-cent, the third on 19-cent, and the fourth on 24 cents for the metal.
B. B. Campbell, general manager of the Old Colony Mines, Ltd., who has been making periodical inspections of the company’s Arizona Premier’ property, near Kingman, Arizona, states that to date the Old Colony V has expended approximately $132,000 upon this property, with a total of 11,500 feet of underground work completed. The length of ore shoots exposed is 4,500 feet, while the length of ore shoots proven to 100 feet or more of vertical depth totals 8,200 feet. The total amount of ore blocked out ready for stoping is 106,000 tons, with an average gross value of about $30.60 per ton. Fifty per cent of this exposure has been made in new ground and was not included in previous estimates. Plans for new camp layout and a new mill location are being prepared at present. Mr. Campbell has headquarters at 425 Brock Building, 200 Bay Street, Toronto, Canada.
Directors of the Miami Copper ‘Company have placed the stock of that company on a $4 annual basis, by declaration of a $1 quarterly dividend, payable May 15 to stock of record May 1. This doubles the dividend rate of that company, the last quarterly dividend being 50 cents per share, totaling $378,558.
The main tunnel of the Spring Creek mine at Young, Arizona, being operated by the Bald Eagle Mining Company, is being extended approximately 600 feet. The winze is down 100 feet, and crosscutting has now been started to the main ledge. Two shifts are employed at present.
The deal has practically been consummated for the starting of work and for plant construction for the Anglo-American Minerals Company, with headquarters at Phoenix, Arizona, and with properties about 85 miles from Phoenix, in the Red Picacho district.
The property which the new organization plans on working is a low-grade gold property, stated to average about $6 per ton, the gold with some silver showing in porphyry. The deposit has been opened by 10 shafts and shows to be 200 feet in width and 1,600 feet in length. Col. Fred C. Bowler, 814 North Second Avenue, Phoenix, Arizona, is manager, and B. C. Fitzhugh is to be superintendent.
Capitalists from New York, New Mexico, and Texas have been inspecting the property, among them being ex-Governor Hinkle of New Mexico. Jordan and Elliott, brokers of 52 New St., New York, are handling the financial arrangements. Mr. Jordan has recently returned to the east, and it is expected that work will be underway shortly. The present plan calls for the early construction of a 100-ton unit of a 500-ton plant.
Water is being pumped from mines of the Tom Reed Gold Mines ‘Company, Oatman, Arizona, Victor A. Light, assistant general manager, at the rate of 800 gallons per minute. Two new pumps have recently been installed at this property, one on the 800-foot level, and another in the winze of the same level. This ground is reported to have produced ores worth about $15,000,000 during previous operations, and engineers of the company believe that there is another ore body of important value remaining in the mines. Oscar R. Howard, 56 Fremont Place, Los Angeles, is general manager of the Tom Reed.
The Sheldon Mining Company has exercised its option on the Southwest Metals Company’s property at Humboldt, Arizona, according to L. II. Lathrop, 116 Beekman Street, New York City, president, who states that the Humboldt smelter will be put into operation as soon as the necessary machinery can be secured. The deal involves not only the smelter, which has a capacity of 12,000 tons per month, but the company’s two mines, the Bluebell and De Soto, now being operated by lessees. The smelter will be operated as a separate unit from the Sheldon mine, and will be in the market for customs ores upon reopening.
It is reported that a total of $120,000 is to be spent on new machinery for the Shattuck Denn Mining Company at Bisbee, Arizona. The annual report of this company for 1928 showed a production of 13,613 tons of lead ore, 29,804 tons of copper ore and 2,965 tons of silica ore from its Shattuck mine. The extractions from this production were 3,151,766 pounds of copper, 1,548,363 pounds of lead, 104,412 ounces of silver and 1,798 ounces of gold. The Denn mine figures show a production of 1,997,940 pounds of copper, 29,190 ounces of silver and 466 ounces of gold. The report shows that a total of $184,387.08 was spent in development of the properties, which included a total of 8,835 feet of diamond drilling, 220 feet of main shaft footage and 1,510 cubic yards of stations. A new body of ore is said to have been opened up on the 2,000-foot level at the Denn mine.
D. C. Maclver of Prescott, Arizona, who is developing the Harlan mine in the Senator district of Arizona, has installed a new 50-ton concentrating plant to handle gravel from the placer beds of this property. Work will be resumed at this mine about May 1, operations having been suspended some time ago, due to the heavy fall of snow and cold weather in that district.
While cleaning up an old tunnel, miners at the Mayflower mine of the ‘Chase Mines, Inc., at” Chloride, Arizona, are said to have run into approximately 12 feet of silver ore. It is planned to start shipments of ore from this mine within the next two weeks. Raymond A. Chase, 141 North Pleasant Street, Prescott, Arizona, is president, and John Russell, of the same place, is vice-president and general manager.
Ralph Douglas, 1065 Empire Building, Seattle, Washington, has returned to that place from Phoenix, Arizona, where he spent several weeks at the Jack White mine, owned and operated by the Maricopa Mining Company1 of which he is treasurer. Extensive development work is under way at the Jack White. The main shaft has been sunk to the 400-foot level, and drifting is now being done to the south, cutting five ore shoots, which have extended from the 300 level. The company shipped its second carload of ore to the American Smelting and Refining Company the latter part of March, and in the future a carload of paying ore is expected to be shipped from this property each week. Operations are under the direction of Roy Barnes, Box 1841, Phoenix, Arizona, who is general manager.
New development work has been started at the Rice shaft of the Van Dyke Copper Company at Miami, Arizona, with the breaking of ground in the drift faces on the 1,220-foot level. The work of installing new machinery and equipment and un-watering and repairing the shaft has been completed, and the efforts of two crews of workmen will now be centered on the new development. An 800-horsepower electrically driven Ledgerwood hoist will provide hoisting power sufficient to meet the demands of increased exploration at the Rice shaft. Cleve Van Dyke is president.
Work is in progress at the Morenci Branch of the Phelps Dodge Corporation at Morenci, Arizona, on the increasing of the capacity of the concentrator from 4,000 to 5,000 tons daily. Due to the satisfactory extraction results obtained in the experimental leaching plant at the Burro Mountain Branch at Tyrone, New Mexico, the equipment of that unit was transferred to the Douglas smelter and re-erected on a more elaborate scale, where it will be utilized to experiment on ores from the Morenci Branch, with a view to determining whether the ores would be more susceptible to leaching than concentrating. Indications are that in view of the rather high acid soluble content of the ore, a much better extraction of the copper can be attained through this method.
In the large low-grade ore bodies adjacent to the present operations of the Morenci Branch, an intensive exploration program is in progress to determine not only the grade and tonnage of the ore, but its vertical and lateral boundaries so that within the next two years sufficient data may be available on which to base both methods of mining and daily tonnage of ore for which facilities will have to be provided. Frank Ayer is manager of the Morenci Branch.
A considerable quantity of high-grade ore, running approximately 25 per cent copper, and containing some silver, has been blocked out at property of the Red Rover Copper Company, located 52 miles north of Phoenix, Arizona, it is stated. Following the installation of new pumping equipment for the un-watering of the shaft, the company plans to carry the development work to greater depth. This property is leased to B. H. Lundquist and J. M. Pickett, 420 Heard Building, Phoenix.
Although there was a marked increase in the tonnage shipped during the year 1928 from the Bunker Hill Mines Company of Tombstone, Arizona, P. H. Soderstrom, superintendent, the metal content per ton shows a decrease in gold, silver and lead. About 20,417 tons of ore were shipped from this property during last year as compared with 10,118 tons in 1927. Of the total tonnage, 19,542 tons of siliceous ore and 72 tons of concentrates were shipped to the Douglas smelter, and 505 tons of silver-lead ore Were sent to the El Paso smelter.
There were nearly 1,700 feet of development work done by the leasers during the year, but practically no new ore was opened up, and the greater proportion of the ore shipments came from working over old fill.
The old Emerald mine was opened up to a depth of about 50 feet below the 400-foot level, and several of the drifts on the different levels cleaned out. By the end of the year all mining operations on surface dumps had ceased. During 1928 there were 21 separate leases operating on 18 claims. The Bunker Hill claims are owned by the Phelps Dodge Corporation, and operated under lease only.
In the annual report of the Verde Central Mines, Inc., Jerome, Arizona, General Manager Robert H. Dickson reports that the company’s ore reserves have been increased during the past year, the mine having been operated continuously with two shifts. Development work totaled 14,546 feet, which consisted of 7,740 feet of drifting and crosscutting, 624 feet of raising, and 6,182 feet of diamond drilling.
Considerable work has been done on the Rock Butte ore zone, a siliceous ore body 250 feet long and averaging 15 feet in width having been opened up on the 1,100-foot level. Previously no work had been done in this area. A new ore lens is being opened up on the west side of this fracture zone, on the 1,100 level, and to date this ore body is 90 feet long. A drift for development purposes, now 100 feet long, is being driven on the 1,600 level from No. 1 raise, which extends from the 1,750 level to the 1,450-foot level.
Stoping has been started on the Silver Cliff vein, on the 1,000 level, and in the Rock Butte zone on The 1,750, 1,450 and 1,100 levels. The ore will be mined by shrinkage. In addition to the company’s new 800-ton mill, about 1,000 feet of railroad has been constructed from the mine to the mill, during the past year. A new electric sub-station, consisting of 500 k.v.a. transformers, switches and lightnirtg arresters, has also been erected.
A. Swan, of Los Angeles, California, an old-time mining operator of Mexico and South America, as well as the western field of the United States, has taken over the White Horse mine, at Mineral Park, via Kingman, Arizona, and has let two contracts for further extensions of the tunnel. It is reported that Mr. Swan has engaged Lyon Kay, under contract, to develop the property, one of the contracts being for 100 feet of tunnel, while the other is for 200 feet. The contractors are installing a compressor and machine drills.
H. C. Block, president of the Wright Creek Mines Company, 458 South Spring Street, Room 506 Los Angeles, California, reports the completion of the new reservoir and dam at the company’s mines at Kingman, Arizona. These storage facilities are expected to furnish an ample water supply for all milling purposes throughout the year. Within the very near future, the new 85-ton daily capacity milling plant will be put into operation on a three-shift basis. The present mill, which has been operating with two shifts daily, is turning out concentrates, of gold and silver content, with values in excess of $800 per ton. Mill heads are stated to average about $26 per ton. The company will soon ship its first carload of concentrates to the smelter at Douglas, Arizona. W. El. Dunlop has full charge of all mine operations.
The four-mile automobile road of the Democrat Mines, Ltd., with properties near Kingman, Arizona, has been completed, thus affording better transportation to the Santa Fe railroad. New equipment now being installed includes a 25-horsepower hoist, two-drill compressor, 50-horsepower engine, 2,500-gallon circulating tank, and a 50-gallon fuel tank. After these installations have been made, shaft-sinking will be resumed on company account, instead of by contract, as has previously been done.
On the 125-foot level, drifts will be started both ways on the vein about 12 feet of lateral work expected to be completed daily. The north drift, on the 125-foot level, will eventually reach a vertical depth of about 800 feet under the ridge of the mountain, across which the vein has been traced and opened up by surface work. The vein has been followed on its dip by the shaft, and operations are now in the sulphide zone, the bottom of which is said to show 18 inches of solid sulphide ore in a four-foot vein. Assays of the 18 inches showed 97.5 ounces silver and 1.28 ounces gold, or about $80 per ton. The balance of the vein is more or less oxidized, but also carries some values. H. L. Phillips, 903 Spring Arcade Building, Los Angeles, is general manager.
On the Starlight group of claims of the Westerner Gold Lead Mines Company at Venezia, Arizona, a new body of ore, containing principally gold and lead, has been opened up in tunnel No. 3. This is said to be the same ore body exposed in tunnels No. 1 and 2, on the vein above, each tunnel being 100 feet apart. The ore in tunnel No. S is 334 feet in depth, below the vein outcropping, it is stated, and has a width of from three to five feet, averaging $32 per ton in gold and silver, 28 per cent lead, with some copper values. Production from this mine is treated in the company’s mill on Starlight ground. E. L. Tomlinson is president, and J. B. Tomlinson, general manager.
It is understood that the Grand Leader Mining Company, operating claims near Prescott, Arizona, will soon install a small mill for treatment of the tonnage already mined from the various underground workings. Ore values at this property, which is owned by Edward J. Kelly of Prescott, and C. E. Warren of Venezia, Arizona, are in gold, silver and copper.
W. F. Grove and sons of Mayer, Arizona, lessees of a couple of claims on the old Sterling group, located in the Hassayampa district and owned by J. B. Tomlinson, are shipping from two to three cars of ore per month, containing 50 tons each. It is expected that the shipments will be stepped up to around five cars a month as soon as the roads are in better condition.
Operations will be resumed on the old Bodie mine during the month of April, it is stated. There is said to be a considerable tonnage of lead ore already opened up on this property, which was formerly operated by the Osage Silver Lead Mining Company of Prescott, Arizona.
A new air compressor, to cost in the neighborhood of $12,000, in addition to other new machinery, is reported being installed at the Santo Nine mine near Patagonia, Arizona. A new strike, the extent of which has not yet been disclosed, has recently been made on this property. Eight new trucks have been acquired to haul the ore into Patagonia.
Mining in the Gila county of Arizona, especially in the asbestos sections will be benefited in a large degree in the event of the installation of the J. B. Girand project, for generation of 40,000 horsepower by means of three hydroelectric plants on the Salt River, north of Globe, Arizona. Filings have been made with the federal power commission and with the state water commissioner. A large part of the power used in the Miami and Superior districts is furnished by the Salt River Water Users’ Association, although lately this supply has been short, and the Inspiration steam power plant has had to be operated.
Underground operations at property of the Montizona Copper Company at Casa Grande, Arizona, M. W. Bacon, president, 42 Broadway, New York City, are being centered upon the sinking of a winze from the 900 to the 1,800-foot level, after which the main shaft will also be extended from the 900 to the 1,800 level, and the two workings connected. Development work thus far includes an 830-foot adit, and two shafts of 280 and 400 feet. The present working force has been increased from 20 to 24 men. Work is actively in charge of T. E. Mitchell, general manager, assisted by B. A. Pike, superintendent.
Mining properties in the Yuma county of Arizona are reported to be experiencing considerable new activity, according to Tom C. Foster, state mine inspector, Phoenix, Arizona, who has recently returned from an inspection trip of that district. Properties in this section contain values in silver, lead, and gold.
In the silver district, about 35 miles north of Yuma, Arizona, the Red Cloud and James G. Blame properties, both of which were worked considerably in 1878 and 1879, are being developed and new ore bodies blocked out.
Considerable development work is also being done on the Black Rock, Castle Dome and North Star claims, in the vicinity of Quartzsite, Arizona. Development work has been resumed on the Little Butte and the old Arizona Butler property, now known as the Clara Swansea property.
An old silver-copper mine, located 45 miles northwest of Tucson, Arizona, has been reopened by B. L. Gillum and associates, of that place, and a new company organized under the name of the Silver Hill Mine. Company, Inc. This mine has been idle since 1921. During former operations, the main shaft was sunk to a depth of 400 feet, with approximately 1,000 feet of lateral work. A tramway and light hoisting machinery were also installed. The property was examined and prospected for several months by the present operators before the organization of the new company, and during that time five carloads of ore were shipped to the smelter at Hayden, Arizona. This ore is stated to have averaged 10 ounces in silver and 7 per cent copper. Three additional cars of ore are also reported to be awaiting transportation to the smelter.
At present arrangements are being made for the financing of a tunnel, which will give a depth of 500 feet, and which is expected to reduce the cost of mining about 75 per cent. Operations are under the direction of S. M. Libbey, 1127 North First Avenue, Tucson, who is superintendent.
Exploration work will be carried out by diamond drilling on the Vulture mine at Wickenburg, Arizona, within the near future, it is stated. D. B. Finlayson is manager of this property.
The Old Dominion Company, Globe, Arizona, reports for the year 1928 a net loss of $84,565, after expenses, depreciation and depletion. In 1927, the net loss was $276,841, and in 1926, $109,698. However, in 1925, the company reported a profit of $67,403, after corresponding charges. I. H. Barkdoll is general manager.
Capitalized at $1,000,000, the Bullion-Beck Mining Company of Chloride, Arizona, has filed articles of incorporation with the Arizona corporation commission. The company was incorporated by William S. Jennings of Chloride, and H. A. Marks, 402 Fleming Building, Phoenix, Arizona.
B. A. Scott and E. S. Hyde, of Tucson, Arizona, have obtained a lease on the Peach copper mine, situated in the northern end of the Santa Rita mountains, near that place, under the partnership name of Scott & Hyde. Preliminary work of assembling and transporting machinery and supplies to the mine is at present under way. Among new machinery being installed is a new hoist and an air compressor. A crew of miners has already established a camp, under the direction of Mr. Hyde, Sahuarita station, at the junction of the Twin Buttes railroad and the Southern Pacific, will be the shipping point for this project.
Articles of incorporation have been filed with the Arizona corporation commission for the Kingman Feldspar Company of Kingman, Arizona, by S. H. Smith and J. Kimberlon. The company has a capital stock of 402,000 shares, of which 2,000 shares are preferred stock valued at $100 a share, and 400,000 shares are common stock without nominal par value.
Further development is in progress on the new ore body recently encountered at the Century mine of the United Republic Gold Mines Company at Kingman, Arizona, P. L. Mullen, president. This new showing was made on the lower vein, in the south drift, 200 feet from the shaft. The drift, which is being driven on the footwall side of the vein, has been continued 40 feet in a full face of ore, it is stated, assaying from $41 to $55 to the ton in silver, gold, copper and zinc. The ore is said to average around 26 per cent zinc. The drift will be extended another 50 feet before crosscutting is started to the hanging wall of the lode. The company plans to ship the ore from this source direct to the smelter.
For the year 1928, the Magma Copper Company of Superior, Arizona, reports a net profit of $1,952,495, after federal tax reserve, depreciation and other charges, equivalent to $4.78 a share on 408,155 shares of no-par stock. This compares with $825,044, or $2.02 a share the previous year. During the year, the company paid dividends amounting to $1,826,503, as compared with $1,224,465 in 1927. The balance sheet as of December 31, 1928, shows current assets of $4,869,618, current liabilities of $989,619, and a working capital of $3,929,994. A year earlier, current assets were $8,465,617; current liabilities, $727,671, and working capital, $2,737,946. President Charles F. Ayers, 14 Wall Street, New York City, states that the average net cost of producing copper, after deducting gold and silver values, was 9.227 cents per pound. This cost included state and county taxes, amounting to about eighty-three hundredths of a cent per pound, depreciation and all other fixed and general expenses. It did not include any allowance for depletion of ore bodies or federal income taxes. The corresponding cost for 1927 was 9.972 cents per pound. The average net selling price received by the company, in excess of all commissions and delivery charges, on all copper delivered during the year amounted to 14.7913 cents per pound.
Although properties of the Iron Cap Copper Company at Copper Hill, Arizona, F. A. Woodward, general manager, Box 310, Globe, Arizona, remained closed throughout the year 1928, the company reports a net profit of $73,050, before depreciation. The Iron Cap owns a large per cent of the capital stock of the Tennessee Mineral Products Company, which produced 26,709 tons of feldspar in 1928, and 75 per cent of the stock of the Christmas Copper Company, which produced a total of 37,686 dry tons of ore and 1,459,707 pounds of copper during the same year.
Announcement has been made of the organization of three corporations to handle a large acreage of gold-bearing gravel near Huron, Arizona. The Calixona Development Company owns the property and will have charge of operations, although a lease has been granted to the Sandack Mining Corporation on part of the ground, it is stated. Operations will be carried out under the direction of Jim Meeden.
A gasoline shovel has been unloaded near Mayer, Arizona, for use in the work at Huron, and this will at once be put in readiness to serve a dry land dredger of Mr. Meeden’s design, which will be installed within a few weeks. This shovel is capable of moving about 800 yards of
gravel per day. This property consists of approximately 400 acres, and engineering estimates place the gold-bearing content at about 12,000,000 yards. The work is expected to be in full progress by the first of May.
It is understood that the Magma Copper Company has let contracts for additional power equipment at its properties at Superior, Arizona, William E. Koerner, general manager. In addition to the two 1,500-kw. Westinghouse geared turbines and generators, a new 3,000-kw. Westinghouse turbine, reduction gear, and generator wilt be installed. Other equipment will include a 4,826-square-foot surface condenser, equipped with motor-driven auxiliaries and other related equipment. This new equipment is being installed as part of the development construction program now under way at the Magma Copper.
Approximately 117,182 feet of underground development work, together with 9,219 feet of diamond drilling was completed at the Inspiration Consolidated Copper Company at Inspiration, Arizona, during the year 1928. During this time good progress was made in preparation for mining the sulphide ore tributary to the eighth level of the Live Oak section, it is stated, and development of leaching ores on the eighth level, in the eastern end of the Inspiration section, was started. Production from this area is expected to be commenced by the middle of this year. The annual report of the company shows a copper production of 88,123,811 pounds, 88,818,520 pounds coming from concentrating ores, 49,692,724 pounds from leaching ores, and 117,067 pounds from direct smelting ores. With adjustments from the leaching plant inventory, 88,504,100 pounds were available for sale. This is compared with 88,874,049 pounds of copper produced in 1927.
The average grade of ore mined during 1928 was 1.125 per cent copper. The grade sent to the concentrator averaged 1.296 per cent copper, compared with 1.149 per cent in 1927. By removing and impounding for future treatment the minus 200-mesh material in the leaching plant feed, a material reduction in copper content of the leached tailings was effected.
Plans are being made for t he erection of a plant to treat these fines, it is stated. During the year, Inspiration mined 4,879,646 tons of ore. Of this total, 1,888,164 tons, averaging 296 percent copper, were sent to the concentrator and smelter, and 8,041,482 tons, averaging 1.022 per cent copper, were sent to the leaching plant.
The cost of producing copper in 1928 was 10.6624 cents per pound, including depreciation, but before federal taxes.
Concentrating ore produced from the 1,200 level of the Live Oak section averaged 1.464 per cent copper, and com posed more than half the total tonnage sent to the concentrator.
While there was no improvement in the heavy ground conditions, changes in the mining methods used are stated to have resulted in lowering costs about 12 per cent, and in raising the grade of the ore around 9 per cent, compared with 1927. Annual reports of the company show a net income of $8,465,589, after federal taxes, depreciation and interest, but before depletion, equivalent to $2.93 a share, of the par value of $20, earned on 1,181,967 shares of stock. This compares with $729,694, or 62 cents per share, before depletion in 1927.
Capitalized at $500,000, the Winchester Mining Company of Phoenix, Arizona, has filed articles of incorporation with the Arizona corporation commission. The incorporators are A. J. McIntyre, Robert Hunsick and George T. Vernon, all of Phoenix.
The Miami Copper Company, Miami, Arizona, F. W. MacLennan, general manager, reports for 1928 a net income of $1,842,-879, or $2.46 a share, against $1,142,459, or $1.58 per share, in 1927. In 1928, the company received a tax refund of $946,692, which was accredited to surplus.
It is understood that Bluford H. J. BaIter, owner of the Storm Cloud mine, near Prescott, Arizona, is negotiating for an option on the Senator property of the Phelps Dodge Corporation, which adjoins the Storm Cloud. Should the option be granted, Mr. Halter plans to extend the Senator tunnel, already 8,400 feet in length, 1,100 feet further, when crosscutting and drifting will be carried out.
Mr. Baiter also intends to start immediate operation of the Verde Superior group of claims in the Ash Creek district, which he has recently acquired. The pilot mill on the Storm Cloud property is said to be producing at the rate of six carloads of concentrates per month. Mr. Balter may be reached at 1241-A Pacific Mutual Building, Los Angeles.
The annual meeting of the stockholders of the Verde Central Mine., Inc., will be held at the office of the company at Jerome, Arizona, on Thursday, April 18. The purpose of the meeting is to elect five directors for the year and to discuss business affairs of the company. Directors of the United Verde Extension Mining ‘Company, with properties located at Jerome, Arizona, have placed the stock of that company on a $4 annual dividend basis with the declaration of a $1 quarterly dividend. In the preceding quarter a dividend of 75 cents was paid, amounting to $787,500, and prior to that 50 cents, amounting to $525,000 was paid.
Gordon H. Campbell of Calumet, Michigan, president of the New Cornelia Copper Company, who has been visiting the company’s holdings at Ajo, Arizona, states that the present mill, while originally designed for 5,000 tons daily capacity, has by internal changes been increased to a capacity of 10,000 tons daily, and the matter of an additional unit will be decided upon in April at the annual stockholders’ meeting. Michael Curley and W. L. DuMoulin are actively in charge of operations, as general manager and superintendent.
Articles of incorporation have been filed with the Arizona corporation commission for the Pilgrim Mine, Inc., of Kingman, Arizona, by Charles J. Warren and J. E. Pederson. The company is capitalized at $250,000.
Although no estimate of the probable tonnage is available, it has been stated by geologists that the body of copper ore lately encountered by the Squaw Peak Copper Mining Company, Camp Verde, Arizona, extends about 400 feet into the mountain. Neither the width nor the depth of the ore has yet been determined, although exploration in the heading showed the copper-bearing body to be about nine feet wide.
Miners have been timbering a station and building a chute to raise on the incline with the ore. This is the second development regarded as important in the Squaw Peak workings within the last few weeks. The former discovery, reported to consist of a body of good milling ore, was encountered about 200 feet north of the more recent find. Edison Thacker, president, has been in the southern part of Arizona of late, for a conference with stockholders of the company in regard to the construction of the proposed concentrating plant.
At Morenci, Arizona, the Phelps Dodge Corporation, Morenci Branch, is producing at the rate of about 4,500,000 pounds of copper monthly, this practically being the capacity with the present milling equipment. About 80 additional men have been employed recently due to the program of development being carried out, which consists principally of the sinking of the main shafts from the 500 to the 1,400-foot level, which will be the new haulage level, when this work is completed. The 500-foot level has been the main haulage level for some time, but it is now practically worked out.
The opening of the new level will expedite haulage, and with the sinking of the Joy and No. 6 shafts to the lower level completed, the property will be in a position for greater production when the milling capacity is increased. The drainage tunnel, which is being driven from Chase Creek to connect with the lower level of the mines for draining the water from the property by gravity, is making good headway, and it is expected that it will be completed by the first of May, the tunnel being driven at the rate of 800 feet a month. Arthur Crowfoot is in charge of mill operations as superintendent, while McHenry Mosier has charge of the mine workings in the same capacity.
The Magma Apex Mining Company is now ready to start development work on a group of 54 claims at Superior, Arizona, recently acquired by that company. The east boundary of this group is located about 400 feet from the No. 5 Shaft of the Magma Copper Company.
The Magma Apex is a re-organization of the old Sam Thorpe Mining Company, this group of claims being acquired from Paul Besich, Walter Easton, Edward Deyling, Charles Linville, William Smock, Joe Spray and J. J. Cox, who formerly controlled the Thorpe Company.
It is stated that a sufficient amount of stock has been sold by the Magma Apex to finance the sinking and equipping of a 3,000-foot shaft, and the exploration of approximately 6,000 feet by diamond drilling. O. H. Anderson, banker and mining man of Tennessee, is the organizer of the company, and it is understood that he placed most of the stock authorized to be sold with his Tennessee banking and mining associates.
Although engineers of the company are confident that a commercial body of copper ore will be uncovered before the 1,000-foot level is reached, it has been announced that shaft-sinking operations will be continued without interruption to a depth of 3,000 feet in order that the ground may be thoroughly proven. Buildings for housing machinery and shaft equipment are being constructed, and diamond drillers from Humboldt, Texas, are establishing a camp.
Plans are being perfected at the Jumbo Lead Mines, Inc., Fletcher Merrill, superintendent, Box 883, Florence, Arizona, for the construction of a milling plant and the installation of new machinery. The working staff has been increased during the last few weeks, and considerable underground development has resulted. Several new veins are reported to have been exposed, in addition to the rather large tonnage already blocked out.
Immediate shipment of 40 tons of asbestos from the Sierra Ancha mines of William G. Shanley of Globe, Arizona, operated under the name of the American Asbestos Company, has been announced. The ore has been sold to the Asbestos Corporation, Ltd., for shipment to New York under the direction of Roger Kyle, through whom the transaction was made.
Enlargements and improvements are being made to housing accommodations for employees of the Christmas Copper Company at Christmas, Arizona, F. A. Woodward, Box 810, Globe, Arizona, general manager. This work is being done, under contract, to accommodate the additional force of workmen which will be employed with the starting of the new mill, now under construction, and which is expected to be put in operation in June. H. A. Rossell, formerly of Deming, New Mexico, is now with the Christmas Company as mill superintendent.
Through declaration of a quarterly dividend of $1.25, payable April 16 to stock of record March 30, capital stock of the Magma Copper Company, Superior, Arizona, has been placed on a $5 annual basis. In the preceding quarter a dividend of $1 was declared, amounting to $408,155, while prior to that the stock had been on a $8 annual basis, or a quarterly of 75 cents, totaling $806.116.
Production work has again been started at the Golden Door Mine Company, Kingman, Arizona, Kean St. Charles, president and manager, mill operations having been held up for some time due to lack of water. However, a new pipeline has now been completed, and as the bins have been filled with crushed ore, operations at the mill are expected to be carried out with all possible speed. Ore of mill grade is being stocked in the chutes, and surveys by engineers are reported to indicate a profitable production.
Frank Daily and T. S. Coffman, who have a contract with A. J. Harshberger of Tucson, Arizona, to run a tunnel on the Arizona Comstock group of claims, in the Santa Rita Mountains, have purchased an air compressor, which is now being installed at the property. They expect to immediately resume work on the tunnel on a much larger scale.
Mining Activities of the Southwest
The mining activities of Arizona, New Mexico and Northern Mexico
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rehab
Joined: 15 Aug 2006 Posts: 939 Location: NEVADA
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Posted: Thu Mar 22, 2007 7:27 pm Post subject: ARIZONA MINING NEWS MINING JOURNAL 6 30 1929 |
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for JUNE 30, 1929 THE MINING JOURNAL
ARIZONA
A carload of new machinery has arrived at Patagonia, Arizona, for the mill of the Morning Glory Mining and S melting Company, it is reported. The company also recently installed a new 350-horsepower Ingersoll-Rand Diesel engine and an additional compressor unit to facilitate the increased mine production. J. A. Hamilton is general manager, assisted by Frank Awbrey, superintendent, and Lapsley W. Hope, assistant superintendent and purchasing agent.
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Diamond drills will shortly begin search for copper ore deposits on the group of claims in the Tucson mountains, lately taken over by H. S. Diller and Inglis M. Uppercu of New York City, according to an announcement made by Mr. Diller, who has just returned from the east, where financial arrangements were made for the exploration program. A contract has been let to the International Diamond Drilling Company of San Francisco, it is stated, and the agreement calls for work to begin on July 1. The properties recently acquired include the Mile Wide, Gould, Orient, McWain and Esperanza claims, and since their acquisition, preliminary work has been under way, which required the services of 25 men for the past four months. A short time ago, a well-mineralized vein was encountered in a crosscut, that is believed to be a newly discovered deposit. The various combined groups of properties represent a purchase price of around $500,000, and a development program of an equal sum, has been outlined by the company s engineers. W. M. Snow, 744 East Second Street, Tucson, Arizona, is engineer in charge of operations.
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At the concentrator of the Morenci Branch of the Phelps Dodge Corporation, Morenci, Arizona, Frank Ayer, manager, and Arthur Crowfoot, mill superintendent, the two seven-foot Symons cone crushers have been installed, although the screens, bins and feeders are not yet in place. In the place of three mills of smaller capacity, three new 8 ½ x 12-foot ball mills are being installed in the primary grinding circuit of the concentrator.
Waters are now running out from the 4,800-foot drainage tunnel, just completed for the Humboldt mine. The raise to the No. 14 level of the mine has also been completed. Deepening of the Joy shaft to the No. 14 level, which will eventually become the main haulage level, has been finished, and No. 6 shaft has also been extended to the same level. This latter shaft is to be used exclusively for hoisting ore, and will shortly be connected with the drainage tunnel, 160 feet below No. 14 level. New hoists are to be installed at both the Joy and No. 6 shaft, the one at the Joy shaft, which will be installed during July, to be of the elevator type. A new Nordberg F. H. Diesel engine will also be put in place at the Morenci powerhouse during the present year.
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Officials of the Tom Reed Gold Mines Company report that prospects for resuming large tonnage operations at its mine at Oatman, Arizona, look promising due to the striking of a vein of ore, which assays in the neighborhood of $50 per ton. General Manager Oscar B. Howard, 56 Fremont Place, Los Angeles, stated that although the extent of the new ore body has not yet been determined, from present indications the company plans to proceed with production on a larger scale, treating the high-grade ore in addition to the mine’s low-grade output. The company has sunk a winze 150 feet below the 800-foot level.
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Reports state that the Three R mine, at Patagonia, Arizona, now being operated by the Three R Mining Syndicate, under the direction of George S. Hulings, manager, has shipped 42 cars of ore since March 8 of this year. This record is said to have been more than the total shipments of all other mines in Santa Cruz County put together.
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The Storm Cloud property of the Standard Ores Corporation of Nevada, located in the Senator district, near Prescott Arizona, is reported producing a fairly good trade of mill ore, which is being treated in the 50-ton mill owned by the company, with the concentrates being shipped to the smelter.
A survey just completed on the Galena vein of the Storm Cloud has shown 320 feet of stoping ground above the 320-foot level of the Ten Spot shaft, it is stated, and samples taken from this vein are running about $65 per ton, with the entire drift in mill ore. A four-foot body of ore has also been opened on the 250-foot level, and drifting will now be started both north and south for further exploration of the deposit. Executive offices of the company are located at 530 West Sixth Street, Los Angeles, Bluford H. J. BaIter, president, and George A. Kirkbride, Box 845, Prescott, Arizona, is in charge of operations at the property as general manager.
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Having completed arrangements for intensive operation of its newly acquired properties at Oatman, Arizona, the Imperial Mining Company, I. Morrison, president, 428 Hives-Strong Building, Los Angeles, California, has begun actual development work under the direction of George W. Long, vice-president and general manager. This organization was lately formed for taking over the Western Apex and Lexington-Arizona mines in the Oatman district, both of which had already been developed to a considerable extent, with past records of gold ore production.
Initial operations will be centered on the Western Apex, where drifting will be done on a body of commercial gold ore said to exist on the 500-foot level. A 1,000-foot drift has been run on the 700 level for exploration of the ore body said to vary from three to twelve feet in width, carrying an average gold content of $10 per ton. Both properties have been equipped with electric power, modern hoisting facilities, air compressors and machine drills.
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It is estimated that the 15-mile pipe line, which is being laid from the Santa Cruz River to the Montana Mine at Ruby, Arizona, by the Eagle-Picher Lead Company, owners of the property, will cost in the neighborhood of $30,000. This work is being done under the direction of B. H. Worthington of Ruby, assisted by 12 workmen, and it will probably take about 30 days to make the connection.
The company has constructed two concrete dams, of a capacity to hold sufficient water for operation of the 250-ton milling plant for several years. At present, carpenters are putting the mill in shape, and, upon completion of the pipe line, it is planned to resume both mine and mill operations on a larger scale, with the employment of about 200 men. F. H. Lerchen is general manager, with mill operations in charge of D. E. Andrus, and mine work under the direction of Raymond Gundry.
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A carload of copper ore has recently been shipped from the Peach mine, located in the Santa Rita Mountains, near Tucson, Arizona, to the American Smelting and Refining Company’s smelter at Hayden, Arizona. Considerable new machinery, including a hoist, skip and compressor, has just been installed at this mine, which is operated by B. A. Scott and E. J. Hyde, of Tucson, Arizona.
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It has been announced that property of the Monte Cristo Mining and Milling Company, also known as the Julian Merger Mines, Inc., near Wickenburg, Arizona, will be offered for sale on July 9 at the offices of Sheriff George Huffner at Prescott, Arizona. It is understood that the sale is due to two judgments against the company, one filed by the Standard Agency, Inc., and the other by A. Krell, involving approximately $15,000.
The Monte Cristo was sold several years ago by Ezra Thayer of Phoenix, Arizona, to C. C. Julian of Los Angeles for a sum reputed to be in the neighborhood of $1,000,000, and was merged, with other companies, into the Julian Merger Mines, Inc. The first move in promoting the enterprise was the installation of a power line, which is said to have amounted to an investment of some $75,000, but after that the company fell into difficulties. The holdings comprise 38 claims.
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Production of the Calumet and Arizona Mining Company, of Warren, Arizona, including that of the New Cornelia Mines at Ajo, Arizona, amounted to 18,468,000 pounds of copper during May of this year, as compared with 11,299,360 pounds in the same month of 1928, and 10,896,080 pounds in 192t The May output of 18,463,000 pounds may also be compared with a total of 12,082,700~ pounds during April of this yea; bringing the total production for the first five months of this year up to 58,946,380 pounds.
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Property of the Centurion Arizona Mining Company at Dragoon, Arizona, has been sold and transferred to H. L. Emerson and associates, who are interested in the General Petroleum Company of California. Prior to its sale, the holdings were owned by J. P. Richardson, of Dragoon. The new organization, which is said to have ample funds to continue the development work on a substantial scale, has placed T. E. Kelso in charge as general manager, with headquarters at the mine. It will be necessary to clear the shaft of water before further sinking can be undertaken.
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The mill at the Pilgrim mine at Chloride, Arizona, is being re-modeled, it is stated, new screens being put in and the machinery overhauled. While this work is being done, development work is being continued along the drift from the lowest level, and additional exploration of the new ore shoot carried out. The present management includes M. C. Richardson, J. B. Peterson, and Nick Galloway, associated with a group of California men.
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The Magma Copper Company of Superior, Arizona, William E. Koerner, general manager, has declared a regular quarterly dividend of $1.25 per share, payable July 15, to stock of record June 28. The current disbursement calls for $510,194, and makes total payments to date $20.35 a share, or $7,724,283.
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A new refinancing program is to be shortly undertaken by the New Comstock Mining Company, holding corporation of the Katherine Gold Mining Company, Sheeptrail Gold and Pyramid Gold Mines, at Katherine, and Kingman, Arizona, according to a letter received by stockholders of the company. The fund will be used to carry out the outlined campaign of further development on the 300, 400 and 600-foot levels of the Katherine mine. S. H. Brady is general manager.
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Equipment is now being overhauled at the Black Dyke Gold Mining Company at Kingman, Arizona, and tentative arrangements are being made for treatment of its ores at the Katherine mill. It is planned to make shipments to this plant, where a new sampler has been installed, until the Black Dyke constructs its own milling plant. It is expected that a considerable tonnage will be available during development, with average values in excess of $8 per ton.
The new financing schedule, which includes provision of an up-to-date reduction plant, has been undertaken by A. M. Bilsky of Montreal, president of the Canadian Airways Limited. Ed C. Jacobs, 411 Security Building, Los Angeles, California, will continue to have charge of operations in the capacity of general manager.
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Diamond drilling is shortly to be undertaken at property of the Keystone Copper Mining Company at Dragoon, Arizona, to be followed by a somewhat extensive development program under the direction of C. W. Miller. The shafts are to be re-timbered and new underground equipment installed. A 300-ton milling plant is on the property, and high-grade ore is being shipped to the El Paso smelter.
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Opening of the Charity Group of 13 claims, being operated by the Mohave Mining and Development Company, for a distance of 1,400 feet by a tunnel and drift has resulted in the discovery of high-grade ore. A 126-foot shoot of ore, and another of 110 feet, giving a return of $45 per ton, were encountered during this development, officials state, and several cars of the product have been shipped with a return of around $1,000 per car. Considerable new machinery has just been installed, and the property equipped with electric power. T. E. Kleinmeyer, 1853 West 83rd Street, Los Angeles, California, is president of the company, the claims being located in the Mineral Park district, near Kingman, Arizona.
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Within 60 days, President Cliff Carpenter, 201 Heard Building, Phoenix, Arizona, reports that the Arizona Magma Mining Company will be ready for the installation of a new flotation plant at its gold-silver-lead properties, one mile from Chloride, Arizona. The organization is financed by New York capital, and Mr. Carpenter has left Arizona for that city, where necessary arrangements will be made for future development of this ground.
During the last few months, development work has been speeded up considerably, the two-compartment shaft having been sunk to a depth of 500 feet, and approximately 1,400 feet of development completed. The vein was traced for a distance of 3,000 feet along the surface, and in locating the enrichment on the 100, 200 and 300 levels, it has shown an increase in width and assays, officials state, averaging about, $20 per ton. At the 500-foot level, the vein is about 30 feet from the shaft.
The property is now fully equipped with electric machinery, and a number of buildings have been erected, including a saw mill, blacksmith shop, machine shop and change room. George G. Wald, Box 863, Chloride, is in charge of active operations.
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Workmen have just completed the new milling plant at the Goldroad Mining Company at Oatman, Arizona, R. H. Mime, superintendent, and underground development has opened up ore bodies which are expected to provide material sufficient to keep the plant in regular operation for some time. This ground is understood to have produced more than $9,000,000 to date.
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The United Verde Extension Mining Company, Jerome, Arizona, George Kingdon, general manager, is reported to have greatly increased its copper production thus far in 1929 as compared with the same period of 1928. For the first five months of 1929, the company produced 24,7.59,766 pounds as against 16,566,972 pounds in the corresponding period of as ear, and the output for each month thus far reported in 1929 has exceeded by a considerable margin the output for the like months of 1928.
In view of the fact that the company is now receiving about three cents a pound more for its copper than was received last year, together with the substantial increase in output, earnings in 1929 are expected to show a marked gain as compared with 1928.
However, according to President James S. Douglas, the company is obliged to realize that the ore reserves in Arizona now amount to approximately 778,620 tons, averaging better than 8 per cent copper, and that the probabilities of the discovery of further ore are somewhat remote. Therefore, the larger part of future reserves will have to depend on development at outside properties in which the company has acquired interests. United Verde Extension is interested in properties in both South Africa and Canada.
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Articles of incorporation have been recorded in the office of E. T. Stewart, County Recorder, Globe, Arizona, for the Bronze King Mining Company, following approval by the Arizona corporation commission. The company is made up of Miami, Arizona, men, with Thomas P. Kelly, president; Harry V. Bene, vice-president, and E. L. O’Neill, secretary-treasurer. The organization owns 40 claims, comprising the Porphyry and Bronze King groups, located 10 miles west of Miami. Preliminary work is under way for a rather intensive development program.
==
A hoist, two drill compressors, pumps, and other machinery are being installed, and a number of surface structures erected at the old Senator property, five miles northeast of Laguna dam, Yuma County, Arizona, according to company officials. Five miles of road, from the dam to the mine, have been rebuilt, and a two-mile stretch from the river has been laid. Location of a new ore deposit was recently made on the property by W. H. Trenchard, Yuma County geologist, Yuma, Arizona, and, if this ore bears out present indications, it is planned to install a 50-ton ball mill and cyanide plant within a few months.
J. F. Gurney, mine superintendent, has announced that extraction of ore will be started within 30 days. Henry B. Adams is president, and J. J. Brennan, vice-president and treasurer, both of San Diego, California.
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The All State Development and Exploration Company has been organized by J. E. Shank, president and general manager; M. H. Force, vice-president; and W. K. Ridenour, secretary and purchasing agent, for the treatment of tailings ponds in the Oatman district of Arizona and in Nevada, immediate operations to be confined to the tailings pond of the Tom Reed Gold Mines Company at Oatman.
Permission has been granted by the Tom Reed Company for use of their entire milling plant and equipment, and with these facilities it is planned to handle about 350 tons of tailings per day. The company has started the construction of an additional plant, about one-fourth mile below the tailings pond, which, when completed, will be capable of handling approximately 1,000 tons daily. It is estimated that by handling 1,000 tons per day, four years will be required to treat the 1,250,000 tons of tailings in the pond. Ten men are employed by the company at the present time.
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Diamond drilling is soon to be undertaken at the Santo Nino Mine at Patagonia, Arizona, it is stated, a contract having been let to the Sullivan Drilling Company for the work. W. H. Treadway will be in charge. This mine is controlled by the General Development Company of 61 Broadway, New York City.
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Arrangements are being made for a somewhat extensive development program to be carried out at properties recently taken over by the Arizona Southern Mining Company at Patagonia, Arizona. The holdings include the Marsteller group of four claims, the Denver group of five, and the six Coughlin claims. It is estimated that these properties have approximately $200,000 worth of low-grade ore in sight.
Will Roy, president, who is associated with M. A. Hogan in the enterprise, has left for New York, where it is understood he will confer with business associates in regard to the schedule of development.
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Notice has been given that the Southwestern Miami Development Company, which has disposed of its holdings to the Inspiration Consolidated Copper Company, of Inspiration, Arizona, and which is now in the process of liquidation, is to pay a dividend of $3.75 per share, July 1, upon presentation of certificates to the home office, 85 Devonshire Street, Boston.
Later a second and final dividend is to be paid, which will probably be one of 75 cents a share. According to the Arizona corporation statutes, the final payment cannot be made until after a certain time has elapsed for the presentation of claims.
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The Sheldon Mining Company of Walker, Arizona, plans to begin rehabilitation of the Humboldt smelter as soon as legal formalities can be completed to transfer its control from the Southwest Metals Company. It is believed that this transaction can be completed by July 1, and Superintendent George D. French states that at least three months’ work will be necessary before the smelter can be reopened.
The company is blocking out ore as rapidly as its improved facilities will permit, preparatory to establishing production on a stronger basis. Enrichments found in the lower workings have justified the extension of the main shaft, with development on the 950, 1,100 and 1,250-foot levels, as well as on the 750 and 850 levels, continuing to result in satisfactory values in copper, silver, gold and lead.
The copper is said to be averaging about 4 per cent, with some assays running as high as 10 per cent, and the silver from S to 10 ounces, with some gold values. Stock of the company has recently been listed on the New York Produce Exchange. H. B. Lathrop, president, has just completed a visit to the Sheldon properties, including the smelter, as well as the DeSoto and Blue Bell mines, also acquired from the Southwest Metals Company, and is now at the company’s headquarters, 111 John Street, New York City, attending to details of financing.
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Approximately $1,000,000 is to be expended by the Phelps Dodge Corporation in new construction at its Copper Queen smelter at Douglas, Arizona, within the next year, according to announcement of the company. The work will be started immediately, and will include the building of a preparation plant to cost more than $750,000, and an anode plant, which will cost in excess of $150,000. The largest part of this amount will be expended on the crushing, sampling and bedding plant. The expenditures have been authorized by the board of directors, it is stated, and the plans have been outlined by the company’s engineers. The work will be done partly under contract, and partly by day force account.
The new bedding and preparation plant will give the Copper Queen thoroughly modern equipment for handling and treating its ores. These improvements will be built on a new site, thereby making possible continuous operation of the plant while the construction is in progress. The bedding plant will consist of five stalls, 40 feet wide and 200 feet long, each stall capable of holding 11,500 tons of mixed ores and concentrates. The material will be fed to the beds by an overhead conveyor, and a reclaiming machine will handle the material from the stalls for delivery to a belt leading to the roaster.
The smelter, in its new plant, will cast anodes direct, thus eliminating re-melting at the refinery. Shipments of anodes from the smelter are expected to be made as soon as the new refinery being built by the Nichols Copper Company at El Paso, Texas, is completed, which will probably be around the first of next year. P. G. Beckett of Douglas is general manager of the Phelps Dodge Corporation, and the Copper Queen smelting works are in charge of J. O. Ambler, superintendent.
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The mill at the Katherine Gold Mining Company, Katherine, Arizona, S. H. Brady, general manager, is again in operation, although not at full capacity at present. Development work is now being undertaken on the 100, 200 and 300 levels, and a new shoot of ore has been opened on the 300-foot level, about 600 feet east of the shaft. The same shoot has also been picked up on the 400 level, and the development of this ore may enable the stepping up of the mill to capacity. This discovery will also make possible further development of the mine on the 900 level.
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The Vukoye Brothers have a small crew of men at work on their contract on property of the Hartman Gold Mining Company at Oatman, Arizona. The contract calls for extensive crosscutting and drifting from the bottom of the 500-foot Oatman Gold shaft toward the Kokomo vein. Estimates place the vein 1,000 feet from the shaft, although the survey has not yet been made. It is to get below the outcrop of the vein at depth that the present work is being undertaken. Main offices of the company are at Room 3, Algoma Building, Oshkosh, Wisconsin, H. O. Granberg, secretary-treasurer.
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The Cibola Exploration Company, which has been carrying out an extensive exploration program of diamond drilling on properties near Superior, Arizona, for the last several months, has finished two holes, and is now moving the drills to the third hole for further prospecting. This work, which is being prosecuted by the E. J. Longyear Company of Duluth, Minnesota, is being done to determine whether or not there is a large body of low-grade ore under the dacite capping.
Surveys have just been completed of 250 of the claims by the Becker Engineering Company of Phoenix Arizona. Hugh N. Roberts, engineer for the company, has returned to the east, leaving G. Townsend Harley, geologist, in charge. H. C. Dudley, 704 Lonsdale Building, Duluth, Minnesota, and associates are back of the project.
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Operations are to be resumed on the lower levels of property of the Monarch Lead Company at Chloride, Arizona, the shaft to be carried to a depth of 1,600 feet, following the assembling of all machinery for the 100-ton mill on the ground. The new steel and concrete fireproof shaft has a gallows frame 68 feet in height. The vein is expected to be productive to the 3,000-foot level, the U. S. Smelting Company having shipped 278,000 tons of ore from this vein several years ago. M. J. Keily is general manager.
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Having uncovered copper ore in a surface cut on property of the Missouri Copper Company, in the Cave Creek district, 85 miles north of Phoenix, Arizona, four cars of ore have been reported shipped to the Magma Copper Company’s smelter, at Superior, Arizona. Besides the copper content, the enrichment showed four ounces silver to the ton.
By driving a 220-foot tunnel into the hill from the canyon below, development work is to be carried on 150 feet below the present workings. The tunnel had been extended 85 feet by former operators. Machinery to facilitate speedier tunneling is to be installed shortly. Operations at the property were resumed about four months ago, after the present management had secured a lease and option on the mine from the Lewis Investment Company of Phoenix. Parker L. Woodman is president, H. D. McVay, vice-president, and Z. M. Moss, secretary-treasurer, all of Phoenix.
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A new development program is planned for the properties of C. B. Flynn, located in the Cerro Colorado Mining District of Pima County, Arizona. The claims, consisting of four groups, were acquired several months ago from O. C. Young and F. E. Pauli.
A 500-foot ore zone is to be explored by diamond drilling within the near future, it is stated. Ore shipments are expected to be commenced by the first of August, the values being in silver, lead, gold and copper, with silver predominating. Mr. Flynn was formerly vice-president and general manager of the McIntyre mine at Porcupine, Ontario, Canada. The organization is said to be completely financed.
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Ground has been broker for the first unit of the 800-ton mill to be erected by the Chase Mines, Inc., at its Sheldon Superior property in the Senator District of Arizona. The plant will be erected in units of 100 tons each, and the first unit is expected to be in operation about September 1. It is stated that the construction will cost approximately $300,000.
General Manager Albert H. Patterson reports that approximately 100,000 tons of high-grade milling ore have been blocked out in tunnel operations, and on the 100 and 200 levels from the main shaft. A four-foot body of high-grade galena and copper ore has recently been encountered in the crosscut tunnel.
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Announcement has been made that stock of the United Vanadium Corporation, has been approved for listing by governors of the Los Angeles Curb Exchange. The company has 13,368,211 shares of the par value of 25 cents issued, with 16,000,000 shares authorized.
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