Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1900-05-09
COLORADO CAPITAL
1t Is Very Much Interested In Min
ing Enterprises In New
Mexico.
MINING NEWS OF A WEEK
A Big Gold Discovery In the Jarilla Noun
tains-several Good Copper PROPOSE
tions Are Being Developed
At Chloride.
GRANT COUNTY.

ago, was IN Denver this week, and ii
speaking of Grant county mines said
II am extensively interested in coppe
properties in Burro mountains and tn
Hanover. Fierro and Pinos Altos dis
tricts, and have acquired 145 acres o
turquois property adjoining the mine
of the Azure company, which is supply
ing some of the finest jewels in thu
country.
THE greater part of the coppe
ground in Grant county has been dis
posed of by original locators. Heavy in
vestors are coming in and some of tn,
wealthiest easterners are interested il
the mines. Among these the LewIsohl
family Of New York is prominent
When was In the Burro mountains
fifty men were going about with checl
books buying up prospects and claims
While the purchasers are to all ap
pearance individual buyers, the proper
ties taken over by them generally pas
into the hands of one or two syndi
Gates"
Mr.. McGrath recently had a severe
fall while knocking about the hills. He
caught cold and was confined to his bee
for five weeks.
H. T. Johnson is another Denve" man
who is putting money into Grant coun-
ty mines. He, too, was in Denver this
week, and spoke as follows Of mining
opportunities in New Mexico:
1.-THE connection between New Mexico
and Colorado is daily becoming closer
Colorado has put more money into New
Mexico for the development of her min
ing interests than any other state IN the
country. I have just returned from
Hanover where there is big business
in copper ore going on. and 1t seems as
If at least one-fourth of the people
there are from Denver. I have been in
most Of the active districts of the terri
tory, and everywhere I found evidences
of the presence Of Colorado men and
capital. Mining Is very active all
through New Mexico at present.
"A Cleveland company has bought
four silver-lead properties in the Tanks
district of Grant county. The Colder
Giant at Pinos Altos, which has beer
closed for a long time, has been bond
ed and leased by st. Louis company
which has unwatered the shaft and
opened large body Of high-grade ore
in the second level. A Chicago COM
pany has purchased the lead and zinc
mines of Pinos Altos district from C. L.
Barr for 100000, and is arranging for
their extensive operation.
"One of the largest of the new enter
prises in progress I found at Camp
Mitchell, Grant county. A st. Louis
company headed by Fl. J. Cantwell
president of the Columbia Lead Com
pany, has purchased the Grand View
group, which has one of the largest bod
les Of lead and zinc ore in the country
opened to a depth of 100 feet, maintain
ing that width in the bottom. The en-
tire ore body averages 20 per cent lead
20 per cent zinc, ounces silver and
about IS in gold ton. The company is
now arranging to build mill which
will separate the zinc from the other
metals and save all the values in the
ore. The work of construction will COM
mence as soon as the material can be
got on the ground, and 1t is expected
that the mill will be in operation before
the close of the present season.
SOCORRO COUNTY.
Mr.. Lasley is working on the Bell gold
mine at Rosedale.
Thomas Stanton has struck some fine
ore in his prospect at Rosedale.
The Rosedale mine is down over 400
feet, and it's values increase with depth.
J. Fl. Robb Is developing the MONDAY,
the Gray Horse and the Spikeback
at Rosedale. He expects to
ship from the MONDAY in the near fu-
ture.
DONA ANA COUNTY.
A large body Of high-grade ore has
been struck on the 129-foot level in the
Excelsior at Organ.
I. H. Borgarduas struck 3-foot ledge
Of galena about two miles north of the
Modoc mine at Organ.
Work Is being pushed on the Torpedo
No. 2 at Organ, where from the 112-foot
level 6 per cent ore is being hoisted.
w. r. Fall made new locations west
Of the Memphis mine. Organ. last week.
The ore carries gold, copper and silver.
The new shaft on the Memphis at Or
gan Is down 100 feet, and is being driv-
en- and timbered night and day by two
full shifts Of men.
1t is probable that the Gardiner
eeching process by which 99k per cent
of copper is saved Of Torpedo ore will
be adopted by the Copper Bar Mining
Company at Organ.
oTERo COUNTY.
A gold discovery is reported from the
Jarilla mountains that is bound to Gre
ate large influx Of miners to that Sec
tion. A placer miner who was operat-
Ing well up on the slope of the Jarilla
uncovered 3-foot vein of
quartz at a depth Of about 10 feet from
the surface, the ore being scanned with
native gold, many Of the streaks Of gold
being from an eighth to quarter Of an
inch thick. No assays were necessary
to demonstrate the value Of this ore,
but the average value of the vein Is
thought to be not less than $4,000 per
ton. Four sacks of the ore sent to FL
Paso, and weighing $50 pounds. netted
the owner nearly $4,000. The discovery
created intense excitement in the vicin-