The Arizona sentinel., 1878-03-23
A Thrifty District.

FROM Col. D. NJ. Barney, prlDclpal owner
of the Silver King mine, who returned
from there On Thursday. we gather the
following facts. Another battery of five
stamps, with all shafting ETC., and two
more Frue concentrators, have been ship
ped from San Francisco: they are due here
Monday OF Tuesday and will be at once
hauled out to Picket Post by Barnett, who
will be here for that purpose with Lord &
Williams train. All the necessary lumber
has been bought and was shipped from
Prescott on the 20. II no accident occurs,
the new machinery Will be connected with
the present mill and be at work crashing
ore about May 1. AS the Silver King CON-
pany has paid five consecutive monthly
dividends of $4,000 each, since its incor-
poration, with only five stamps, the sup
the dividends to 100000 per month. This
supposition is strengthened by the fact
that Col Barney reports ore enough on
the dumps to employ ten stamps for eight
or ten months, without hosting pound
Of ore. Only five men are employed at
the mine, on surface work. No work is to
be done below, nor is more ore to be ex-
tracted until next Autumn, few months
before the dumps are cleared off. During
last Fall and Winter, the mill was crush
ing rock yielding from $175 to $500 per
ton: as they get farther into the old dumps,
and into the chloride and blue ores that
were taken from nearer the surface, the
yield increases, sometimes reaching 5000
and $500 per ton. Less difficulty, than
was expected, has been found in saving all
the silver: it was anticipated that the light
specific gravity of the chlorides would
cause them to flow over the concentrating
belts, with the tailings. But this seems to
occur only with very flaky light chlorides:
the highest assay yet obtained from the
tailings has only given &c ounces per ton.
These tailings are all carefully saved and
will some day be worked in pans. Their
absolute freedom from sulphurets and
base metals (Which are all gathered into
the rich concentrations will enable them
10 be worked, by amalgamation, up to
very close percentage of their assay. Col.
Barney showed us some exceedingly rich
specimens from the Surprise, a mine about
two miles north of the King, owned by
the Mason brothers: shaft has been put
down On it for 100 feet, disclosing we'll
defined vein of very high grade ore. The
Surprise is supposed to be on the same
vein as the King. The whole of Pioneer
district is in a fourishing condition. A
great many people have come in and every
one appears to be busy. Picket Post is
now growing ard thrifty town. Petit
tons have been forwarded for establish
ment there of post Office to be known
as % Pinal," by which name this lively town
Will henceforth be known. Col. Barney is
a thorough business man, and when he
predicts for any place as bright future
rs he does for Picket Post-beg pardon,
"Pinar'-it is time to buy lots there. He
tells US nothing about the under ground
part of the Silver King mine that has not
already been published in THE SENTINEL.
The value of ores already exposed to &C
tual view, and to reasonable computation,
is an affair of millions-we don't use such
words without some personal knowledge
or accurate information; we have both.