Arizona weekly journal-miner., 1900-11-21
Mining Intelligence.

T bO ONlOhAC -NCNo NAAtit U
 Fisher has given a lease and bond or
 his Little Daisy mine at Jerome to al
 eastern company.
 The Verde Queen people are stil
 drifting north and all indications
 point to the developing of large
 body of ore in these workings. T. B
 Campbell, who is the general mana
 ger in the absence of President Bos
 worth, informs the News that tho
 shelter will again be started up De
 cember 1st.-News.
 From all indications the develop
 ment work now being done in the Je
 rome district will be more than dou
 bled during the next two months, not
 only by increasing the facilities now
 in operation on claims being develop
 ed, but by the bringing in of new ma
 chinery with which to open up new
 properties.
 The Verde King Copper company
 is progressing quite rapidly in open
 ing up its property south of Jerome
 The tunnel is being run day and night, with the chances in favor of the ore body now in sight proving permanent The company has a force of men working on the trail to the mine and also has another doing assessments on five newly acquired claims in the vicinity of their group. Should the mine prove a success, Jerome will be greatly benefited thereby. The pres ent indications are that the tunnel will be in a large body of high grade ore before it has run 50 feet into the mountain.
 An important mining deal was con sumated in Jerome this week. The parties are Fred Nickel, W. w. Nichols and c. P. Myers, own CTS of the Black Warrior group of cop per claims in Grapevine district, F miles southwest of Jerome, and some eastern capitalists. The property was bonded for 21 months under the fol- lowing terms; price, Sl00,000; Sl0,0OO to be paid in 90 days, S22,000 at the end of the next six months, S50,000 at the end of the next six months; S20,- 900 at the end of the following six making the total to be paid in 2l months. The purchasers are to begin actual development on the group in sixty days from date of bond, and to continue operation during the whole period of the bond. The Black Warrior group seems to be one of the coming properties of Arizona. c. P. Myers was the original discoverer, and took Fred Nickel in with him on the property. They then sold third to w. W. Nichols. The prop erty was located last January, since which time there has been considera- ble work done on the claims. There is lots of high grade copper ore in sight at the time; development work will undoubtedly show up more.-Re- porter.
 W. W. Gnash, vice president of the Arizona Gold and Copper Mining company, and A. c. Gibson, treasurer of the same company, will leave for the east on Saturdays train in the in terest of that company. MT. Gibson will go direct to New York and other eastern cities, while Mir. Gnash will join Fred w. Wahl in Omaha and to- gether they will probably visit seve- ral of the large cities of the central states for the purpose of disposing of | sufficient amount of the treasury stock of the company to carry on the development of the mines of the Hid len Treasure group in the Agua Fria district. Mir. Gnash proposes to give he people of the east a rather novel of the value of their mines and has a quantity of ore that vas taken from the ore dump and will horn this ore in the presence of hose who may be interested n the matter, thus giving them a demonstration of the value ,f the ore and removing from their minds any doubt as to whether there s any gold in the ore. This ore was aken from the dump by Governor R. 7. Powers a few days ago and horns ,ut good showings of the precious metal, and the writer hereof has per ,onally visited these mines and knows hat almost any piece of ore taken rom the dump shows up equally as we'll, proving beyond all doubt the ex client quality of ore taken from hese mines, and the large bodies of he ore exposed certainly places them Imong the very valuable prospects of his section. The mines have been he property of the Gnash brothers or three years, but they have been un- lble to properly develop them on ac count of lack of means, but they nope now to soon be able to begin de- in earnest and when they 10 these properties will no doubt be leard from in good shape. Gnash Bros. have been in business in this for several years and by heir honest, persistent efforts have made a host of friends who will be glad to know of their bright pros Dects for the future.