Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1902-06-05
SANTA FE, N M, THURSDAY, JUNE 5, 1902
WILL BORE FOR OIL
IN LINCOLN COUNTY
The New Mexico Development Company is
Preparing for Extensive Drilling and
Mining Operations Near Nogal and
Has Purchased Steam Drill.
THE SANTA RITA MINING COMPANY
HAS RESUMED development WORK

| The New Mexico Development Com
pany is the name of a new corporation
of eastern capitalists, organized by w
A. McIvers of Nogal, Lincoln county
the object of the concern being to buy
sell and lease mines and operate mills
reduction plants and drill for oil. TIL,
company owns nearly 1000 acres of OF
lands in Lincoln county and will begir
active operations within the next 8,
days. The company has purchased {
large steam drill, capable of drilling tt
the depth of 5000 feet.
Charles P. Laughlin of st. Louis, ar.
rived at Silver City recently to super.
intend the development work on tht
Whitewater group in the Burros dis
trict, Grant county. The group con-
sists of eight claims recently purchased
from George Bell. If matters pan out
as expected, plant of some kind espec-
tally adapted for the treatment of the
ore mined from these claims will be
erected.
The mill of the Wilson Mining and
Milling Company, at STEMS Pass,
Grant county, is now in successful OPP
GRAFTON. Ore is being treated that runs
45 ounces in silver and from a quarter
to half ounce in gold per ton. A 800
pound brick of silver will be shipped
this week, the first shipment made.
Regular shipments of bullion will be
made hereafter.
The Santa Rita Mining Company is
hauling all the heavy timber from the
lumber yard of the Pinos Altos Gold
Company, at Pinos Altos, to
Santa Rita, where it will be used for its
extension work there.
The leasers on the Esperanza mine,
in the Pinos Altos district have made
a good strike Of high grade ore.
Holman and Haskin. leasers Of the
Little Pacific property, in the Pinos AL
los district, Grant county, are taking
,ut some good ore values.
Extensive drifting contracts are being
ct by the Mountain Key Gold Mining
Company on it's Pinos Altos property.
Samuel Meeks recently established an
lrastra plant to handle the gold ore
rom his Little Arizona property, in the
7inos Altos district, Grant county.
Additional rolls with which to crush
ire have been placed by Derbyshire |
Ind Schofield in their rocking machine
at Pinos Altos. Grant
Ernest Craig, owner and manager of
he Last Chance property in the Cooney
district, Socorro county, has returned
rom the east and will take personal
harge of the operations on his proper
Y. He feels pleased with the success
ul experimental treatment of his ore |
" means of new cyanide method. BY 1
his method over 80 per cent of the |
alues are saved at a cost Of less than
2 per ton of the ore crushed and treat
d. Mr.. Craig has complete 20-stamp
ill for the crushing of his ore and has
the capacity Of his pulp
anks SO that the mill will have a ca
acity of 70 tons per day.
The Santa Rita Mining Company re-
umed active development work on the
rst of this month on the long cross
ountry drifts in a norther1y direction
,om the Santa Rita shaft, and in a
outherly direction from the Hearst
naft, near Santa Rita, Grant county.
hese drifts will open up large area
T new ground. The company Is now
laking shipments of 30 cars of high
rade copper ore per month. The leas-
rs are running out about 40 cars per
lonth, which makes a total of 20 cars
ar month from the camp.
Work on the we'll of the Manuelito
IL Company at Gallup, Mckinley
,unty, is being renewed with vigor.
everal hundred feet of drilling work
as been let out on contract, and the
-operty will be developed as fast as
,ssible.
s. r. Blake has given a contract to
vaggoner Brothers for the drilling OF
lOO-foot we'll on his Pioneer oil prop
ty, near Pennington, San Juan coun-
!. The boring plant has been COM
eted and the work Of boring is pro-
eding at the rate. of three feet an
,ur, and good gusher is expected to
the outcome.
l