El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-06-22

Declared to be promoted Dy lllegltl
mate Means.-In the Interest OF
Legitimate Mining Interests Gov.
Murphy Calls Attention to the
False Statements of the Val Verde
and Other Corporations.
Governor Murphy has caused the
following important announcement.
amounting in effect almost to pro-
clam alton, to be issued, says the Phoe-
nix Republicans:
Territory OF Arizona, Executive De-
partment.
Whereas, 1t has come to my know
ledge from reliable sources that min
ing company, known and advertised as
the Val Verde Copper company, Linn
tied. is selling, or endeavoring to sell,
stock throughout the country IN
amounts and at a price not Justified by
the development and productive pow
er of the mining claims or prospects
owned by the com pany; and
Whereas, Maps, circulars and pam
phlets, containing gross misrepresenta-
tions aud manifestly untrue statements,
are being attributed by the Val Verde
Copper company, or its representatives,
for the purpose of inducing the pur-
chase of stock in said company; and
Whereas, several prominent eastern
newspapers have been induced to pub
ish extensive notices and wildly exag-
gerated accounts of the value and con-
dition of the property owned by said
Val Verde Copper com pany; and
Whereas, such schemes work meal
culable injury to the legitimate mining
interests of the territory, and are used
for the purpose of obtaining money up
on evident misrepresentation. and de-
serve the severest condemnation;
Now, therefore, 1 deem it my duty,
in order to protect the good name OF
the territory and the legitimate and
worthy mining interests, to publicly
and officially denounce such methods.
and to warn investors everywhere
against being deceived by this or any
other stock-jobbing mining company
that selects Arizona for its field of
operations. The territory abounds in
wealth, and no greater advan-
tages exist anywhere for profitable
great fortunes are being easily
and honestly made in this very honor
able industry, the field is practically
inexhaustible, and, no doubt. on that
account schemers have been able to
float bogus enterprises, aided by a
booming mining stock market and the
almost fabulous output of our perma-
nently producing mines. The Val Verde
Copper company attempts to boom it
self by claiming its property to be on
the same vein as the great United
Verde mine when as a matter OF fact
it is hundred miles away, and in a
totally different formation: this how
ever, is but one of the many eXtrsvs
CANT claims made by this company. L
wish to protect honest miners AID save |
investors from loss, and to that end 1
,all attention to the following report
Of a competent mining expert upon the
property of the Val Verde Copper
company.
This group of copper claims is sit
uated about forty-five miles north of
in Coconino county, Ari-
IONA.
extent and Formation-The group
Is composed OF twenty-one t21) claims, |
called as follows: Copper Queen No. |
[, No. 2. No. 3; Holiday No. l., No. 2.
No. 3: Echo No. l, No. 2, No. 3; Glance |
No. l. No. 2, No. B; Chicago No. !, No.
?, No 3; Modoma No. l, No. 2, No. 3;
Norris No. 1, No. 2. No. ).
each of these claims is supposed to
cover 800 feet in length and 600 feet
q width.
"The formation is white limestone,
wing fiat or with little dip to it: in
his occur. small pockets or nodules of
copper glance or oxides. none con tain
ng over one hundred pounds or so of
IRE. While here and there are small
cams or veinlets of similar ore run
ling through the lime, these are.hori-
ontal, none pointing downward.
wherever cuts or holes have been
unk through in the upper layer, the
re has been bottomed. The next
aver of lime, which is from eight to
ourteen feet deep below the surface,
r directly beneath the copper bearing ,
tratum, contains mo ore. whatever: ,
ere and there the surface layer is
tanned blue or green with copper car
onates and occasionally one might ,
reak piece of apparently excellent ,
re and find it simply piece of lime ,
tone coated with thin outer skin of
Upper carbonate.
Practically the property consists of q
urface layer of limestone, coated ,
lore or less with copper carbonates r
through which are occasional spots or :
cams of high grade copper glance Or c
xides: taken as whole it would not :
one per cent copper, and to ,
btain ore of any quality of grade +
nat would pay for handling is out of
ne question. although there is at
resent about 1000 tons of material
q the claims dumps from Ii
hich fifty to 100 tons OF % v
er cent ore could be sorted. 3
"As to water, there is none; the "
,mpany that is operating these claims T
hauling its water fortyfve !
lies.
"Considering this proposition as a r
hole, L do not think much of it; or, fl
other words. it will not do. V
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