Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1900-05-15
Mining Operations Nearer Home-The San
ia Fe Mica Company Elects Officers
A Big Ore Ledge Few Miles
From the City.

oi Z iicW pIOSiCSS.
ANOTHER IMPORTANT SALE.
To-day the New Mexican is again tn
first to give news of another importan
sale in the Cochiti district. This tim
the claims involved comprise what Il
generally spoken of in camp as tn
Black Girl group, situated in Pine can
on, due west of and overlooking tn
town of Bland. The claims are five IL
number, consisting of the Black Girl
Allerton, Hopewell, Posey and Goo'
Hope. Among the owners were John c
Spears of Gallup. Edward Medler of AL
buquerque. George Hofheins, Edwar,
Smith and Judge s. w. Young of Bland
whose interests have now been trans
ferred to r. w. Woodbury., of Denver
the consideration being $4,000. That is
he takes ninety-day bond on the
group, will expend certain sum in de.
velopment work, and If the claims
prove as attractive as they look he
agrees to pay $36, 900 cash for them.
MEN WITH MONEY.
Mr.. Woodbury. is president of the Co.
chiti Development and Improvement
Company, owner of the new mill at AL.
lerton, and associated with him are
David Moffat, Of Denver, and the Eel
Ter brothers, wealthy distillers of Peo-
ria, Ill. Although scarcely beyond the
prospect stage, these claims all carry
immense veins of quartz running $S to
SIS per ton. Through the Posey
stretches the same great pay ledge that
runs through the Bull of the Woods, the
Hillside, Laura S., Wanderer and other
claims toward the north of the town OF
Bland. The sale of these properties and
the Crown Point group will go far to-
ward giving fresh impetus to all in
terests in the great Cochiti district.
THE KELLY MINE.
w. H. Russell, a well-known miner
from Magdalena, is in the city to-day
He brings good reports from the mines
about Magdalena and Socorro, and is
here to take lease on properties owned
by Santa Fe parties. OF the Kelly mine,
which made the section famous years
ago, Mr.. Russell says Mrs. Gustav Bill
ing has been out from Cincinnati lately
and spent some time going over the
with e. E. Chase, a Colorado
expert. Extensive development is to be
anew in a few weeks. The
widow of G.. Billing, founder of the So.
corro smelter, is now sole owner of this
splendid property, and knows it's value
In 1880 Mr.. Billing came to New Mexico
from Leadville, invested 100000 in the
Kelly mine and Socorro smelter, and in
less than five years cleaned up $1,000,
900. Mr.. Russell says the building of the
branch road into the Black
Range will unquestionably cause the
Of the smelter plant at So
corrO.
MINES NEARER HOME.
Warren Reynolds and Cyrus Smith
came in yesterday from the top of the
four miles beyond Monument
Rock. bringing their pack burros load
ed down with ore from new locations
they staked Off last week. The ore is a
we'll -mineralized quartz and porphyry
heavily impregnated with iron and cop
per. AS to its value, that will have to
be determined by assay tests, but If 1t
meets even a low-grade proposition 1t
will prove big thing, since the ledge
that carries the mineral Is fully 200 feet
wide, inclosed on either side by gneis-
sold formation. Samples will be sent te
Denver for analysis.
SANTA FEE MICA COMPANY.
The Santa Fe Mica Company. owner:
of about twenty mica claims in thu
Nambe district, twelve miles northeas
of this city, at a meeting of the direc
tors elected officers as follows: L. A
Hughes, president and general mana.
ger; Alpheus A. Keen, vice president
George w. Knaebel. secretary ant
treasurer. The company has been duly
incorporated with a capital stock o.
800, 900, and all the stock has been sub
scribed for by leading officials ant
business men in Santa Fe, Las Vegas
Albuquerque and Las Cruces. The full
quota Of the amount called for on thu
first payment has been paid in, and II
the course of few days active develop
ment will be inaugurated.
UP-COUNTRY MINES.
r. L. Wootton, a well-known min,
operator at Trinidad, was in Santa F,
last night en- route home from a tril
to the headwaters Of the Chama river
some thirty miles above Abiquiu. wher'
he located several gold-copper claims II
new district. He had with him abou
10 pounds Of the ore, which tends t.
back up his enthusiasm over the find
A company will be formed at Trinidad
to develop these new mineral fields.
F. A. Fuller, Chicago placer expert
also came down from the Chama vale.
on last evenings Denver & Rio Grand
train. and left this morning for hi
home. He said he had spent some week
making examination Of the placer de
posits along the river going twent
miles above Abiquiu and expresse
himself as well satisfied with results.