The Phoenix herald., 1879-10-11
saturday.--......O October II. 1879 SILVER KING. Report of Colonel ]. R.
 Jan.s. History of the Silver King Mine,
 in Final County.
Rich Deyelopm ents in
 thS Near Future.

Recent rish developments in the Silver King Iino vii attract re. nswed attention in that Arizona prop sriy. Below we give report made last June by Colonel J. R. Jam-s, who is said to be one of the best mining engineers on this coast
 SAN FRANCISCO. Jane 19, 1879. To ihe Board of Trustees and Stuck
 holders of the Silver King Mining
 Company:
 GENTLEMEN Herewith permit me ts transmit to you my. report on your property, which I have made, after thorough examination, at the re quest of Colonel James NJ. Barney
 This property find is situated thirty-nva miles northeast of Flor snes. Pioneer District, Pinal county, Arizona, in range of high and rug Esd mountains, known as the "Pinal Mountains" extending for many Miles through the Territory in ncrthwesterly and souteasterly direc- tion. The mine WAS discovered and located in March, 1875, but no work was done thereupon until July, 1876, when the work of developme ent prop erly commenced, and has been con iinued up te tbc present time with ,he most gratifying results find with your property first-class ten stamp mill. situated at Picket Post. about four miles from the mine, from which point the or are hauled over very good road by teams at an ex- pen- s2.50per ton.
 ENVIRONMENT.
 Fro e out-crep of the ledge a / largo. .,ace has been cxcaTated in the ore which connects with the tun- ael level, which is eighty feet below the surface This level is one hun dred and sixty eight feet long. From this level a winze has been sunk thirty feet, connecting the first and second levels. From the surface to this second level the ledge will aver age forty-eisht feet in width, and from working test, taken every half hour from the battery, find it gives result of s4j.62 per ton, The second level is one hundred and twenty-nine feet long. Forty four feet north of the winze connecting the first and second levels, is a winze connecting the second and third levels. From the third level a winee has been sunk one hundred and if teen feet which will connect with the one hundred and ten foot level of the nsw working shaft. which was starteG in February, 1879. This shaft ' is now one hundred and fifty seven feet deep, with work progress ing, with day and night shifts, and as Ilunderstand, it is the intention to continue to a depth of one thousand feet without delay, which action l would respectfully recommend The work thus far done is perfect, being we'll timbered, and divided into two compartments of four feet each, and which will afford ample facilities for hoisting sufficient ore to keep a forty stamp mill constantly employed They have also steam hoistinx ma ehinery at this shaft of sufficient ca 1acity to sink and thoroughly de- vslcp the mine. FORMATION AND COURSE OF THE
 VEIN.
 The surrounding country is of lime and granite formation. The under lying base and body of the mountains ia this district consist of a fine grained syenite in which the walls of of the vein are encascd. The course of the lode being northwest and south east. From the cropping to the 4th 1 level the dip of the vein is to the southwest about 45 degrees. and from fhe Sd level te the 4th level, about so | degrees.
 The walls foot and hanging) arc regular and well defined; with clay 1 gangue, and soft porphyry- This ~sin beyond all question or doubt is a true Assure of vast extent and l great mineral wealth.
 SUGGESTIONS.
 From careful examInation and cal culation, find at the mine on the dumps and tailings of the mill, oro and tailings to the value of 1,416.- | 1s5. and it is safe to say that by prop CT management in extracting and re- ducing the orc, ihere is at least $600- 900 to be disbursed in dividends.
 I would not however, recommend | the compony paying any dividends , for at least four months for this req son:
 From present indications, it is ex pected q sufficient quantity of water will be encountered in sinking the new working shaft to enable them to run a forty stamp mill at the mine thereby saving large amount of money in hauling the ore.
 A To build forty-stamp mill, sink the shsft and open the mine in prep CT shape, will cost ne less than S2O0, | 600, then you ceuid pay dividend of | <1 per month and carry large sur plus.
 What work has been done on this mine is nothing more than prospect ing to ascertain the exact course and extent of the orc channel yet in do- ing this. understand nearly s2,0O0, | 900 has been realized
 It has no intrinsic aid, has erected necessary machinery, built expensive roads, c4c. besides paying $450,O00 in dividends. and still leaving St..