Mohave County miner., 1901-03-16
General Whining Rews.

upon which considerable development
work has been done in the past year is
the Butternut mine in Big Bug district,
the property of Thomas Boggs. Mr..
Boggs has sunk shaft 300 feet in
depth and done several hundred feet
of drifting and prosecuting with ex.
cellent results. The vein is of good
size, carrying from fourteen to fifteen
per cent copper and also good values
In gold and silver. An average of one
carload of assorted ore is being shipped
monthly from the mine and it is virtn.
ally paying for its Development. With
further depth Mr., Boggs expects to
make it a big paying property Pres
colt Prospect.
The Prospector, of Tom bstone, Ariz.,
states that the final payment TO Mr.. S.
Bryant by the Turqu oise Copper Min.
ing Company, at Turquoise, Cochise
county, Arizona, has been made.
"This com pauy," the Prospector says,
ais composed of Ryan Bros, Captain
McKettrick, l.. Tevis, p. B. Soto, took
bond on Mr.. Bryant's group of mines
at Turquoise at 40,0o0S. Mr.. Bryant
has already received one payment of
4000s on the bond. Today March y
was the date of a second payment of a
like amount. Instead certified check
of 36,0005 was rendered him, and the
bond taken up by the company. "The
fact that the company took up the
bend three months before the expir
alton OF the time indicates that the
development of the property proved
most satisfactory to the owners. But
little information is given out by the
company, hut it is known a recent
strike of rich copper ore in the lower
workings of the mine has opened out
into a mammoth body of ore that is
destined to make the property famous.
Since the strike the company have
been quietly ascertaining its extent
and have demonstrated bonanza
property"
All seals and signatures essential to
the transfer having been affixed, the
deed to the Dixie company's mines and
smelter at st. George were turned over
to the st. George Mining Company,
whereupon the Gnal payment in the
sum of 55,000s which has been languish
ing in Wells, Fargo q Co.'S bank for
days, was released. Ready to receive
it we're Hon. Robert G.. Lund, one of
the directors of the Dixie, Seth Pymm,
the secretary, and several others who
had come from the south to close the
transaction. In the meantime the man.
agement of the st. George Mining com
pany was taking down and dividing
among those entitled to share in it a
payment of 20,O0lS from the eastern
syndicate to which the mines and
smelter have been sold, this remittance
increasing the total which has now
been applied on the transaction in
volving 200,000S to 45,0005. Now that
the deal with the original owners has
been consummated the management of
the st. George company, will as soon
as the roads permit, begin the for
warding of thirty tons of copper bull
ion which was produced during the
last run of about thirteen days. Mean
while the piling up of high grade ore
has been going on at the mines, which
have been prevented from shipping by
bad roads, and it is expected that by
March 18th the management will be
permitted to fire up the plant again.
nperintendent Snyder reports the
mines in excellent condition at this
time and ready to make new record
for them selves with the opening of the
roads.-Salt Lake Tribune. |