Arizona weekly journal-miner., 1902-05-28

cOuSbdutly kept large lOICe Ol ulcu steadily at work developing its prop eaty. The activity displayed by the Copper Basin Gold and Copper Min ing company in pushing ahead its development work and protecting its property by having a complete survey made made by deputy U. s. min eral surveyor, preparatory to apply ing for a patent, must certainly be very gratifying to subscribers of this company's stock. This demonstrates to the public that the company has more than a mere prospect, and by thus protecting its property gives as- surance to subscribers that their in- terests are being carefully looked after
 A new steam boiler and pump have recently been installed at the No. 1 shaft to handle the heavy flow of water coming in at the 100-foot level, thus permitting the carrying forward ofssinking shaft to the 20O-foot level. While sinking stump at the 1OO-foot level fine body of peacock copper ore was encountered which insures much higher valuee when the 200-foot depth is attained; and over 100 feet of cross-cutting was done in sulphide ore at this point, demonstrating the enormous body of ore this company has to work on for years to come. A new double compartment shaft which is down over 30 feet, has been started on the Superior claim and bids fair to rival the showings at the No. l shaft on the Black Prince claim. Better values are being obtained at this place and it is the intention of the company to sink this shaft to the l00-foot level and crosscut the formation. A canyon at this place cuts the dyke and exposes the for nation for over 300 feet in width, all of which is heavily impregnated with sulphides of iron and copper carry ing good values in gold and silver. Another good piece of work accom- plished by tho company is the making of a wagon road to both shafts, thus shortening the distance for hauling timbers from the saw mill and also avoiding a heavy pull through sand wash. The company is employing IS men and crowding work forward with all possible speed. and as soon as sufficient development is done, will erect works to treat the ore on the ground. The management is pushing the development, hoping to start the erection of works this coming fall, and it can safely be pre- dicted that these stocks will soon be worth many times the price at which the company is now selling them. The following extracts are from letter written by a we'll known min ing man regarding this company's property.
 "I examined the surface indications and formation of this immense min eral dyke, as we'll as the different workings at various places, amount ing to over 600 feet of development in which over 100 feet of drifting and cross-cutting at the 100-foot level in the No. 1 shaft has been done, all of which is practically in iron sulphides carrying values in gold, silver and copper. In all my mining experience 1 have never seen property having such immense ore deposit showing at the surface, giving assurance of making large producing mine; and I feel safe to predict that as soon as this company has done a reasonable amount of development work, they will demonstrate to the public that they have one of the largest and most maluable producing mines in this territory.
 (Signed) M. s. Ryan,
 Former Superintendent Portland
 Mine, Cripple Creek, Colo"