The Arizona sentinel., 1877-05-19

evidences of vast riches Tn the moun ntains from the eroppings which were exposed, any many brought back nuggets of pure sil- yer to prove their assertiOns.
 FIVE DARING MIN FRS
 went into this region and spent several months in the White Mountains, until the Apaches killed one of their number and drove the others out. AS the four were prospecting along on their way to this place, on the 22d of March, 1875, they came upon very rich croppings at a spot about thirty miles north east of Florence. They spent some time in further investigation, and finally, believ- ing they had struck the bonanza they had been so long in search of, located what is now the "Sil- yer King" mine-the men were Isaac Copeland, w, H. Long, B. w. Reagan and Charles G. Mason, They began at once to develop their mine. and by their united labor. during the first nine months, took out and sold ore that netted them $9O,0OO. The rock was of marvellous richness, far supassing anything known in the history of silver.mining in the United States, and, instantly it's surpris- ing value became known, there was great excitement throughout the Territory and ia all the mi ming centres of the coast. The district, now termed the pioneer" district, was Overrun by prospec- tors, and hundreds of claims were located, many now being worked. but most of which, on account of their great distance away, lack of transportation, and the limited means of their owners, are temp. Orarily lying idle.
 While the "Silver King" was the first mine located in this dis trict, it was not the first discov- cred. The "Sliver Queen." about q mile and a half from the King" was discovered fully year before. but was not located then, as the Apaches, being very troublesome, drove the discOverers away. But they have since located their claim, which is probably on the same lead as the King," apG which, when developed, will most likely prove as rich as that.
 But the King" had not been worked many months before some of the owners became uneasy, and wished to be on the tramp again in search of the fabulous mountain of pure silver. The trouble was, they had not the meaES requisite to work the mine as 1t should be, or to put their ore in the San Francisco market. So Copeland sold out to Mason in August, lS7o, and Long sold to Reagan. In De- cember, 1876, Mason sold his half to Col. J. M. Barney, of Yuma,
 FOR S3OO,OO0.
 and Barney and Reagan are now the sole owners of the bonanza Up to this time the mine had been but poorly worked, and only partially opened. The shaft was down only about 100 feet, and all the ore was raised by hand wind lass, but there was no sign of any diminutiOn in either the quality or quantity. Ton after ton was removed which assayed way up in the thousands, ranging from Sl,00O to $34.000. Since the mine passed into the possession of Col. Barney and Mir Reagan, the work Of developing it has progressed more actively and more intelli gently. TThe new firm had abun- dance of capital. The shaft has now reached depth of 200 feet, and galleries are thoroughly open ed in different directions. Thus far the fears of some that the mine, on account of its wonderful richness, would not last, are not confirmed. On the contrary, there is every indication that the veins extend toa very great depth, aud that they will increase in richness as they descend. The "King" cannot be said to have been work ed at all as yet. All the ore thus far removed has been taken from the shaft and from the galleries opened for the purpose of develop ing the mine. What it may pro- duce when systematically worked may be judged from the follow ing figures, which give
 THE NET RECEIPTS from the rock raised from the mine by hand windlass during the twenty-five months that have