Arizona silver belt., 1901-05-02

Nelson, Wood Poland and L. H. Trimm, well known prospectors of this section. But little development work has been done on the property, but all the claims show strong leads, and all minerallzed. The property has been taken under a working bond, and contract for driving a 1,000-foot tun- nel will be let at once The work will be done with ar compressors. The | tunnel will be started at the head of Dorsey gulch and will cut five large leads in the distance named above. | Work will also be commenced on sev- eral other claims. The property was secured by F. NJ. Weaver, and old time western miner, who recently re- turned from the zinc fields of Missouri, where he spent several years mining Holmes x Rogers are among the most prominent men in the zinc business They have ample means to develop the property, and propose to push the Work Witn Visor.
 While tarryiug in New York J. B. Grant of this city, is devoting DOT tion of his time to advancing the in terests of the California Gold King Mines company. This company is the successor of the Picacho Mining com pany, which was Intellectually pro noted several years ago by former Senator $. w Dorsey of Denver. The company owns twenty-three claims in Picacho basin, four miles from the Colorado river, in Arizona, and twenty miles from Yuma. It is claimed that 10000 feet of shafts and development work are completed and paid for by the company and upwards of 15 ,000,- 900 tons of ore are now ready for the mill. A contract has been entered into for the erection of a mill and cyanide plant capable of handling 1000 tons of ore daily. The plant is to be completed this year. Experts estimate that the ore in sight will sup. ply the plant for forty years. It is es- timated also that the net profits after work is commenced will exceed s60,- QUO month and may reach Sl00,00O month. The $. B. Morgan estate of this city, is interested in the success of the enterprise. William A. Parish of Denver, is one of the experts who has given an extended report upon the property .-Denyer News.
 Interest in the mining line is not Tagging in this district in the least, says the Jerome correspondent of the Republican; in fact, it is very active just now. The Venture Hill people are digging every day and are expect ing to run into world beater in few weeks. The Verde King company is going ahead without cessation. The company has three contracts going ali the time, two tunnels and one shaft. This week another car and lot of rails were received by the company and sent out to the property to place in the second tunnel. Some very ex- cellent ore is being taken from the shaft. There is a good sized body of the ore and the management feels very much elated over the prospects. It is reported that good ore is being taken from the Brookshire mine, three miles south of town. The Chff is also work. ing full handed. A | the Iron King a large body of rich ore has been blocked out, and it is currently reported that there will be shelter put in on the property in short time. Sinking in the main shaft at the Verde Queen is being prosecuted with diligence The shaft Is now down 4J0 feet and good ore is being passed through at inter yals.
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