Mohave County miner., 1900-04-14
General Mining News

ney own a quartz mine near Weaver,
for which they refused l5OO0s month
ago, and few days ago, refused 40,OOOS
for the same property. All mining
men who have seen the property pro-
nounce it to be one of the best in the
county.-Courier.
The sale of the Fuller group of mines
at Squaw Peak is announced, the price
agreed upon being 20,OO05. This is the
group formerly worked by E. j. Thurs
ton and was closed down on account |
Of the death of his financial hacker. 1t |
is stated that recently large body of
good ore has been struck in one of the
claims.-Journal-Miner.
A New York corporation is reported
to have pre-empted l60 miles of the
bed of the Colorado river for gold
dredging purposes. Several other com
panies have also filed locations along
the banks of the river at various points
for distance extending over $50 miles
from where the river empties into the
Gulf of California. Should the dredger
of the Colorado River Gold Dredging
company, which will soon be completed,
show that the deposits in the bed of
the river and along the banks can be
profitably worked, it will not be long
before the river will be scraped from
one end of it to the other, or at every
place, at least. where a dredger can be
operated. If they can be worked sue.
cessfully they will be the means of
opening up the biggest field of mining
on this continent.-Needles Eye.
Treasurer Roberts informs a repre-
sentative of the Chicago Record that
under the new currency law nearly
12,OO0,oO05 of silver bullion must be
immediately purchased by the mints
for the coinage of 10, 20 and 80 cent
pieces. The new law requires that the
subsidiary silver shall hereafter be
kept at l0O,000,OO0s, which is an in
crease of 24OOOOOOS, for the amount
outstanding on the first of the month
was 75.425,4l3s. The same law pro-
vides that hereafter all currency under
the denomination of 105 shall be stand
ard silver dollars or certificates issued
upon them. Therefore all greenbacks
and other notes of lS, - aud So are to
be retired and silver certificates sub
stituted for them. This will require
the coinage of about l20OO0O00 new
silver dollars within the next year or
so.
The following mining news is report
ed by the PaysOn correspondent of the
Globe Silver Belt: X. III. Schell re-
ports that he is running tunnel on
the Black Diamond claim and has
splendid showing of sulphide ore The
tunnel is now in thirty feet. T. G.
Dolan is sinking shaft on his gold
property north of the Golden Wonder.
At the depth of ten feet he has gold
ore carrying gold and copper. A Gus
tom smelter to work copper and gold
ores, located centrally, having the
Mezatzei, Gun Creek, Webber aud
Green valley districts to drrw from,
should be paying investment. As is
the general rule in all mining camps
this section also has its share of "my
people" experts, who never until they
got into Arizona, and that of recent
date, saw mine or prospect for one,
yet they will represent themselves as
being thoroughly up in the mining bus
iness. They will run from one district
to another, and if successful in secur
ing a bond on the property and on
their terms, will Immediately decry
the property and district as worthless.
It is about time that the owners of
mining property of the several districts
should take the case of blackmailers
| to task.
j. T.. Mclaughlin, manager of the
Santa Fe Gold and Copper company,
operating mines near San Pedro, in
south Santa Fe county, informs the
New Mexican correspondent that the
preliminary work necessary to the erec-
tion of the large copper smelter by his
company is being pressed with all pos
sible diligence. The new plant will
have smelling capacity of 200 tons of
copper every twenty-fcur hours, and
! will be as perfect as modern methods