Arizona weekly journal-miner., 1895-08-07
MINING INTELLIGENCE.
SOmS Interesting DOlnSS in the Various
 Districts Surrounding This City.
What Old Producers are Doing and E6tsS
 From New Discoveries.

\ party of Chicago capitalists is expected tO arrive here tomorrow to close the deal for the purchase of large gold property.
 It is announced that the Silver King mine will soon resume work. This is one of the great silver mines of Arizona that has for some time been idle, New finds of rich ore makes 1t possible to resume.
 There has been quite an influx of mining men in Prescott again dur ing the past two or three weeKs and the prospects are good for the change of ownership of number of properties during the present month.
 J. N. Rodenburg has just returned from visit to Slate creek. He says that excellent ore is being obtained from the Poverty mine there. The district is quite active a. present, there being between forty ana fifty men at work developing claims.
 A telephone message was received at this office this morning over the Sunset telephone line announcing that a body of very rich ore had been encountered in the Little Jessie mine at the 550 foot level The ore is the richest yet found in this won deriul mine going between $500 and 800 per ton. The twenty stamp mill is running steadily.
 The Mcscal Milling Company has just completed a run of l3O tons ot ore from the Jersey Lily mine, and the Senator mill has just run $lOO tons from the same mine. The ore is expected to give q return of from $25 to $35 in bullion, while about car load of concentrates has been obtained from the two lots. The concentrates are worth so per ton.
 The deal was closed yesterday whereby, Carl Holtzschue, w. A. Clark and B. F. Coy disposed of the Planet and Saturn mines m Fools gulch to Boston capitalists. These claims are located about three and a half miles from Congress station, and about mile or mile and half from the Yamell mine. They have about $50 fe+t of development work done on them and phenomenally ly rich ore has been talk sn from them. The purchase price is said to be S60,000.
 General Churchill has recently re- turned from a weeks tour through the mining regions this side of Pres colt. Concerning one sign of gen eral and lasting improvement in mining matters, he said: About 80 miles south of Prescott there IS a vast and rich mining region covered by hundreds of claims whose loca- tions date back from one to thirty years. There has been almost no development, the locators having labored under the misapprehension that the claims could be sold as mines This had formerly been done, but latterly purchasers have been unwilling to risk investment upon such surface indications. In many instances the locators were unable to go on with the development, and so during all these years they have been performing annually the SlOO worth of work required by law. No attempt was made to procure the cooperation of capitalists and this rich district has therefore been permitted to lie practically idle. Now miners are taking 8 different view of the case and good prospects are being developed so that their real worth may be set before pros pective purchasers" Gen. Churchill says that rains have been abundant throughout that region, particularly along the divide between the Hassa- yampa and Lynx creek stockmen, as we'll as miners, are greatly encour- aged.-Republican.
 T. P. Carson, the well-known min- ing expert, superintendent of the Keymert group of mines in Pinal county, has for some time been in- terested in properties in Humbug district. He has for four months been working the Mountain Chief mine in that locality, on a six months bond, and it s'tlnderstood will soon commence the CT ction of a twenty stamp mill for tho reduc- ton of its ores, settling the question of the purchase of the property. Sat urday Mir. Carson closed one Of the most important mining deals of the year, in the purchase for his com pany. of the Farley & Kay group of twenty-seven claims, near the Noun tain Chief. The price is not known but it is understood to have been 1 far up in five figures. A large force | is at once to be put to work on the l different claims to see what lies be- ! low the grass roots and much ac- tivity is therefore promised for the | district, which lies just north of the | Yavapai county line, sixty mile s l south of Prescott, and not far from | the Castle creek hot springs. 1 The Farley * Kay group, on the au- thority of J. w. Yocum, is the best | aggregation of undeveloped claims in the county of Yavapai, lying inn mediately within cluster of fully hundred well-mineralized claims. Upon the group are many lodges of | highly mineralized ore, running high | in sulphuretic gold and silver, though little underground work has been done upon them. Mir. Yocum is managing the affairs oi the Co lumbia Mining Company in the dis trict. His company, composed mainly of Kansas City capitalists, is furnishing funds for the develop ment of several promising claims, exploration running POO feet in depth. The ore is both free milling and concentrating, and in quantity | and quality is turning out all that