Arizona weekly journal-miner., 1901-11-20

Copper Basin Gold & Copper Mining
 Co. The most experienced mining
 man in the world cannot tell with ab-
 solute certainty what the depths of
 the earth contain, but from long ex-
 perience and by careful noting of re-
 suits obtained theories have been de
 ducted which are the only guides of
 miners. MT. Munds, as stated, has
 made mining and prospecting his
 business for twenty-five years, DOT
 ton of the time few years ago be-
 ing in Copper Basin. It was while
 engaged in mining there that he be-
 came impressed with the belief that
 there must have been some source
 from which the rich conglomerates came from and that big body of ore existed somewhere in the mountain side, and when the time came he pros
 pected the place to determine the cor rectness of his impressions. He has other very promising claims, among them being a rich gold claim on Groom creek, a district now cele- brated for its rich mines, but has closed work on all of them temporar- fly to devote his time to the develop ment of this one. The company has placed a small block of its stock on the market at the very low price of three cents per share, which is cer- tainly great inducement for invest meht with the showing they have for making big mine.
 A recent issue of a mining paper calls the attention of prospectors specially to the conditions which at tracted MT. Munds and associates to locate these claims. although Mir. Munds was acting on his own know ledge and experience in the matter and not from anything he had read. The paper says:
 "Prospectors should take careful notice of every iron cropping vein and deposit. Many veins are capped with iron, which is simply the oxidized product of sulphide ores. Ordinarily, when the iron sulphide in its normal condition contains gold, the oxidized outcrop will prospect in free gold. Silver leads are often marked by a line of iron croppings and some i'm portant and valuable deposits of cop per ore have the iron gossan, though there may be no signs of copper ap bearing in the iron croppings, that metal having been leached out. In fact, iron is often called the mother of gold"
 On the same lines the New Eng land Journal for Investors says:
 'The iron cap of experiencing veins is ordinarily limonite iron ore, occasionally a hematite and more rarely magnetic. In the latter case it would appear that the ore deposit is an enrichment or local segregation of mineral from the fluid or semi fluid eruptive, and the magnetic an origi-- nal mineral. Where hematite or limonite, the latter sometimes known as gossan, forms the capping, it is the result of oxidization or pyrite and chalcopyrite, the sulphur disappear ing into the atmosphere and the cop per teaching out as sulphate, to be reprecipitated about the permanent water level of the ore body. In a re- zion where copper is known to exist it is always safe to prospect into any iron ore croppings that exist, in search of copper ores"
 These quotations from acknowledg- ed authorities on mining matters, are but confirmatory of the theories ad- vanced by MT. Munds from his prac tical experience in mining and is fur ther evidence of the correctness of his conclusions that the big sulphide dyke of Copper Basin is the vault in which nature has stored her precious metals, and from which the flow of copper in solution came, which i'm pregnated the formation of the valley below.
 It is rumored that the Commercial Mining company also intends to re- sume operations in the basin again, but this could not be traced to any authoritative source, as there is no member or representative of the com pany in Prescott at present. Should they decide to do so Copper Basin would again become the scene of the greatest activity. The recent discov- cries have resulted in the influx of a great many prospectors to that sec tion, and claims formerly located are being worked by their owners, and present indications are most favorable for prosperous future for Copper Basin and for its becoming the scene of large mining operations.