Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1902-04-12
CAPITAL INTERES TED.
The Southern Properties Being Oevel
opsd IN Good Fashion.

\ writer from Silver city sends the
following interesting mining notes 10
the Denver News. under date of
April I
Tho American Mining company. OF
Williamsport Pa. recently organized
with "A capital OF 81 poo 900, is operat-
ing al Lordshurg Thomas a Lister.
president of the company. has great
faith I'm the district and says IL Is
bound TO come To- the front
\ favorable report has been turned
in by G x kcyscr. Of pos Moiucs.
Iowa. formerly state geologist OF Mis-.
souri, and who has been making "A
careful inspection of the mineral prop.
critics near MaEdalena As a result OF
his visit important transactions have
been made.
No little attention is being paid now
to property ahouI Bayard station.
which Is the center of the gold pruduC-
ing area OF the district II Will un.
doubtcdly prove to bc a thriving camp.
At tn" owl mine al Gold eulch. a
very rich strike has just been made.
The first shipment To the smcltor
ncttcd IN" owners sos per ton IN gold
and some silver The formation rs like
that of Cripple Greek The vein is
i've feet wide and running parallel TO
/, rs vein Of zinc and lead which has
not yet been assayed The gold found
in the plaCers Is mostly wire gold
though there are some pockets of free
ore. The shalos and quartz can be
worked al a good profit, II done on Il
large scale
T. J. Curran OF the Mogollon Gold a
Copper Mining company, located at
Nogollon. considers their properties
among the richest In the section. and
big dividends will soon hc paid W j.
Wethcrhy. a shrcwd mining expert,
has charge Of the operations.
At iurro moun'n'as. the manage.
mcnt Of the 81. Louis mine Is cleaning
out and enlarging TO "A double compart
ment the old 7O0-foot shaft on that
claim. and we are advised that when
the work has been completed the com
pany viii have over > 600 tons OF ship
ping ore blocked out, There are ru-
mors of sale pending upon this prop
prty
At Pinos Altos. Messrs Woodbury.
and McCalla have one Of the largest
bodies Of low grade ore in the country
shown by latest development work
they have done upon the property For
loo feet In horizontal line they have
uncovered fifteen foot body of con
elomeratc ore running high In zinc.
which carries copper, gold, silver, lead
iron and manganese values.
In the Malone district Mcssrs, Sin.
clair and Fulton, Michigan capitalists
who have lately acquired all of the
mines worth mentioning in this dis
trict and who have put on Il force OF
men To develop the same. report that
they ar, in a streak of high grade ore
upon one OF me claims which runs $40
in gold and 1873 ounces silver. the av-
orago of the ore shoot being about $40
in both these metals. These gentlemen
were In Silver city recently. invcsti-
eating the best method of treatment
for their output Incidentally. they ar
ranged with some of our freighcrs To
haul shipment Of their ore which
they state will run over 800 per ton.
/, is reported that the General Con
contracts people who recently exam
ircd the Houston-Thomas property at
Pinos Altos will be on the ground in a
few DAYS 90 complete the deal, after
which It Is their intention To com
mencc active operations. They have
Teen delayed on account of the trans
fer OF the Onstot property at Cook
peak