Arizona weekly journal-miner., 1901-06-26
VENTURE HILLS
 DEVELOPMENT. Over Seven Hundred Feet of Tunnels and Shafts With a Maximum Depth of One Hundred and
 Thirty Five Feet. 4 Mountain of Ore Rich in Copper, Gold and Silver IS what the Present Stage of Development lndi-
 cates.

The information today from Jerome
 as to the character and extent of the
 solid ore body of the Venture Hill
 Mining company places that enter
 prise in the front rank of coming cop
 per and gold producing mines of this
 territory, says the Phenix Gazette.
 Its mines are situated about one
 mile from the United Verde mines
 and smelter, owned and operated by
 Senator W. A. Clark, which property
 few years ago was on the market
 and unstable at $30,000 and now
 cannot be purchased for one hundred
 million dollars. It is the same ore
 and in the same belt of mineral as
 mined and has made MT. Clark's
 property the most famous and valua-
 ble in the world.
 The Venture Hill company has tun-
 nels aggregating seven hundred and sixty-five feet and shafts aggregating in depth one hundred and eighty feet, showing that in point of fact it has veritable mountain of ore, carrying 124 per cent copper, S5 in gold and S17 silver to the ton. The work is in charge of MT. Lawson, an old United Verde miner, thoroughly familiar with the ore and the characteristic mineral developments of the district probably no better test of conf dence in the property can be found than that evidenced by the fact that the miners who are doing the devel- opment work for the company are buying its stock with greater part of their wages. They of ali others, by daily contact and observation know what to an expert is theory. Mir. A. Graves, M. E., of 61 years expert ence and the gentleman whom Sena- tor Clark and the Big Five company of Colorado have relied upon, has favorably reported upon this property after five days examination, and as illustrative of his confidence he paid his own expenses and took his pay in the stock of the company. Robert Bowen, Esq, for IT years superin- tendent of the Silver King mine in Final county, A. T., and John Can merriam, Esq, for twelve years sup of the Old Domin- ion Copper company, at Globe, A. T. have both inspected the company's mines and favorably re- ported thereon. Other than mod crate salary paid to the General Man ager, Chas. F. Avery, none of the off cers of the company are paid, and the management and directors of the com pany is a guarantee to those inter ested that every dollar will be econ omically and judiciously expended. The branch office of the company has been established in the Creighton rooms l and 2, offices of J. B. Woord, from whom stock can be at 40 cents per share in an amount of not less than 100 shares.
 1l6 JoIOtHc NcWS, spcdhiIS OI this property says: "At the Venture Hill mines work is being pushed as as possible. Superintendent Avery says that the winze being sunk in the tunnel on the 102 claim is now in a much better sulphides, and it looks as if they were approaching a body of high grade ore. On the So- crates the tunnel is now in 345 feet. This tunnel is being run to tap the ledge at depth of 250 feet below an immense out cropping. On the sur face an eight foot hole exposed ore. They expect to run into ore any shift"
 As large amount of the stock of the above company has been sub scribed for by citizens of Prescott, this cheering news of the success at tending its operations will be received with the greatest satisfaction and pleasure. It would be most gratify- ing to have a few mines developed into dividend payers by home capi- tai so that the money instead of being sent east would be placed in circula- ton at home.