Weekly Arizona journal-miner., 1903-04-08
IA PROPERTY
 OF PROMISE
Pyramid Company Re
 surnes Work.
An Excellent Showing of Ore Good Assay Values in
 Gold and Copper.

W. W. Munds is making active
 progress in the development of the
 Pyramid group of mines in Copper
 Basin. The company owns a large
 number of claims in that district any
 one of which being sufficient to make
 a company rich, with good big body
 of ore, and indications as far as deyel- Opment work has progressed are fav-
 orable for more than one of the
 group to contain immense ore bodies.
 The formation of the district is pe- culiar, the surface having been sub jected to a breaking up process which makes prospecting difficult and pug zliEg as to the proper place to work,
 but at the same time points to the existence of large ore bodies beneath.
 Mir. Munds has had years of exper- fence in practical mining and pros pecting and is thoroughly familiar with formations and comes about as near as the best expert in telling where good ore may be expected to be found.
 That district is marked by an i'm mense sulphide dyke, running in a northerly and southerly direction. This dyke varies in width from 100 to 300 feet. One wall is granite and the other porphyry and the capping is of iron, burned in many places, by combination of chemicals or from some other agency. The dyke con- tains no prominent Outcroppings and at such places as these do occur there is nothing to indicate the existence of mineral bearing rock to an inexpe- rienced eye, and even an ordinary ex- perienced prospector would pass it by unnoticed. Mir. Munds has had twenty five years practical experience in mining and prospecting and has also made a study of the subject theO- retically through extensive reading on geological formation, so far as it pertains to mining, and as stated, after weeks of thorough investigation was able to locate the boundaries of this dyke, a very difficult task, as will be seen by any one looking over the ground, on account of it's being GOV cred in most places, both by thick layer of earth, as we'll as by a dense growth of brush. A gulch in one place cuts across it and exposes both walls very plainly, as we'll as expos ing the contents lying between its walls.
 At every point in this gulch be- tween the we'll defined walls of the dyke, copper and iron sulphides exist whicu give fair value in copper and gold, and at different points along the banks of the gUlch small openings have been made, from which remark ably rich ore has been taken.
 In prospecting the country on either side of this dyke, Mir. Munds discov- cred a number of lodges, all of which pointed not only into the dyke, but to a certain central point in it, the ledges so far discovered forming sort of spokes to an immense mineral bear ing wheel. The celebrated old U. S. | ledge, which has become historical, | and which has yielded such rich ore, has been traced clear to this dyke, and MT. Munds has located three claims on it between the U. s. claim and the apparent center of gravity of | the dyke. Other lodges running into the dyke have also been located as we'll as a number of claims on the dyke itself
 Good sulphide ore has been encoun- tered on many of the claims, the as- says from it running from S2O to $50 per ton. Considerable development work has been done, all of which is very satisfactory and encouraging.
 Mir. Munds will spend every dollar entrusted to him in an economical manner and in a manner to obtain the best possible results.
 The Pyramid company has set aside 125, 900 shares of its stock which is being offered at the very low price of five cents per share. With the work done from the proceeds of this block of stock showing should be made, which would make the value of the stock double that amount.
 The officers of the Pyramid con- pany are as follows: President, W. W. Munds; vice president, T. W. Kyle; secretary, W. c. Hicks; treas r1r.nr. I L. NnnHa