Western liberal. (Lordsburg, N.M.) 1887-1919, 1899-05-12

ducers in that rich camp. The com
pany has not been making the big
splurge that some of the recently or
ganized companies, which are putting
properties on the market, have made
common. The company's properties
lie a couple of miles up the San Fran
cisco river above Clifton. So far the
work, which has been under the super
vision of Prof. Balbach, has all been in
the development line. At present it
has a tunnel in the Cliff group, run
ming into the mountain 225 feet, with
a winze of 90 feet. The tunnel is
still being pushed. There are blocked
out so it can be measured 1000 tons OF
ore, which has been carefully sampled
and assayed, showing an average Of
eight per cent copper, eleven uuces
of silver and about two dollars worth
Of gold, while on the dump, awaiting
concentration are about three thou
sand tons Of ore that will run three
per cent copper. The tunnel is on a
ledge Of ore averaging two feet wide,
through which there is a streak six
inches wide OF copper glance, much Of
which will run from forty to sixty per
cent in copper. On the Mammoth
there is a vein eighteen feet wide,
with a pay streak of about three feet
which runs nine per cent In copper,
six to twelve ounces in silver and two
TO three dollars in gold. There Is on
this ledge a shaft which is now fifty
feet deep. The shaft will be put
down TO an hundred feet, when cross
cutting and drifting will be done to
ascertain what else there is in the
ledge. The Spectator has a ledge,
well defined with groupings varying 10
width from h%evcnty-1ve to two humid
red feet. The shaft on this ledge is
now down forty feet, showing three
pay streaks of rich ore, which appar-
emily will come together. These
streaks carry from twenty to one
hundred ounces of silver, twelve dol
lars in gold and niue per cent copper.
When this shaft IS down an hundred
feet cross cuts and drifts will be
started. The Mammoth and the
| Spectator are both on the same ledge,
bat the mouth OF the Mammoth shaft
is one hundred and dfty feet lower
than that Of the Spectator. On the
Good Luck the shaft has disclosed a
vein of azurite, from two to twelve
inches wide, lying in porphyry. As
says have not yet been made of this,
but it shows for itself that it is, as
the politicians say, equally good"
The company will start "a tunnel,
which ultimately will be four thou
sand feet long, which will tap all the
le1ges at depth, and will be the main
working tudnel of the property, out OF
which all the ore will be brought.
From the mouth of the tunnel u mar
row guage road will lead to the smelt.
or on the river. The company has a
tine site for a smclter. Plans aud
specifications for a fifty ton smelter
have all been prepared, and a contract
for los erection will probably be let
within the next month. One differ.
ence between this company and some
Others that are talking Of doing bust
ness in this section Of the county, is IN
the stock. The company is stocked at
a million dollars, but instead of utter
ing flamboyant prospectuses advertis-
ing the stock for sale, and announcing
that on the first of next week the price
Of the stock will be advanced a dollar
"A share, the company is offering none
for sale. There is some left 10 the
treasury, but enough has been sold to
the people who are interested in the
company, to pay for all the mines they
have bought, and to make the neces-
sary Improvements and pay running
expenses until it puts its product on
the market.