Arizona weekly journal-miner., 1900-05-23

Stevens is not only a live. energetic
 mining man. but altogether a jolly
 good fellow and has a host of friends in Prescott.
 Two or three or four dollar ore would
 be valueless in a small vein. but when
 it OcCures in deposit more than 400 feet wide-yOu can build upon it for years. The HOmestake mine, upon ore averaging less than $4. has not missed a monthly dividend in twenty years.
 It. with it's allied companions. produces about 5000 tons daily, and the pre-
 serves are such that the superintend-
 ent is fully justified in saying that
 twenty years supply is in sight. It is a common mistake to suppose that this low grade ore is only valuable when free milling. for the lowest grade ore
 worked at a profit in the United States
 is not free milling at all. but produces
 an ore that must be stamped. cOncen-
 trated ana then SmeIted. Ore from
 the Atlantic copper mine has always
 yielded value of less than $2 per ton. yet it is mined. transported quite a dis
 taEce. stamped. concentrated and Smelted for about $1.1O per ton and has
 been worked at profit even when cop per was at its lowest price. The above
 statement is quoted from remarks
 made by noted metallurgist, Dr.
 Frank Carpenter. who has been
 travelling in Colorado and Utah study
 ing the low grade ores of these sec
 tiOnS. Dr. Carpenter says the high grade ores will take care Of themselves that it is the low grade ores that de- mand attention.
 T. R. Williams. a resident of near
 Stanton. who has been in Prescott a
 couple of days. reports things very
 encouraging for that section from a
 mining standpoint. He says the Oc- tave Gold Mining company is push ing things right ahead and in a very
 substantial manner. showing that they
 have great faith in the success of their enterprise. They have the fOrty-stamp mill pretty we'll toward completion. are building quite a number of cot tageS for the families of the men em- plOyed in the camp and also a well ! equipped hospital for the care of those sick or injured in the employ of the ' Company. In fact everything shows | that no pains or expense will be spared to make the camp an ideal one. both | in point of comfort and convenience. In speaking of other mining transac- ! tiOnS in that neighbOrhOOd he said | there was no doubt but that section
 would make itself heard from and | spring to the front rank in the county and territory. He said there was one ! thing that was creating considerable | interest there now and that was the ! discovery of gold and silver in the pOrphyry rock This rock has always | been supposed to be barren of any | mineral. but short time ago an old prOSpecIOr in examining some of this rock that had been thrown away as worthless. discovered traces of gold and upon an assay being made it was | found to contain something like $S ' in gold. This caused quite a sensation and other miners began to examine
 their pOrphyry rock. with the result that much of it was found to carry
 as high as SIP in gold. while some ran down as low as S1 and g.. Silver was
 also found in this rock. This peculiar
 discovery has given quite an impetus
 tO mining in that section and looks as
 if il would add very materially to the
 already good output from there-