Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1903-05-13
MERCHANTS MINING COMPANY
VISITED BY STOCKHOLDERS
A Detailed Description of the Properties as
Seen by the Visitors---The Showing Highly
Satisfactory to the Party.

Most of the development has been
done on the First Home claim,
amounting now to over 1000 feet of
underground work, beside the build
ing of roads, etc. There are two
shafts, one down to a depth of 30
feet the other 80 feet. These shafts
are connected at the second level by a
drift 225 feet long. This affords a
splendid ventilation of the mine and
the air is almost as pure in the deepest
workings as it is on top of the ground.
A tunnel taps the 30 foot shaft at 90
feet and drift about 200 feet long has
been run to the north at the 165 foot
level. At the 250-foot shaft, which is
the working shaft, besides the Do foot
drift which connects it with the. other
shaft, there has been a drift run 20
feet to the south at the l65 foot level
and at the bottom of the shaft a drift
has been run 240 feet north and 160
feet south. In all these workings the
ore vein is continuous and in width is
rom to feet.
The mine develops between 1900
and 1000 gallons of water every "a
hours while some of the other claims
of the group promise to be very wet.
There is an abundance of splendid
water for all camp purposes in we'll
near the boarding house.
There are 200 tons of shipping ore on
dumps and in bins that will average
between $40 and $50 to the ton, while
more than 1000 tons of this character
of ore is now blocked out and in
sight in the mine. the ore being of an
iron and lead sulphide character car
rying values in gold, silver and lead,
the latter being from 20 to 20 per cent,
while the principal value is gold. Be-
side this there are over $50 tons of
good milling ore on dumps which will
average from 80 to s25 per ton. An
other grade of concentrating ore now
amounts in quantity to nearly 1000 tons
on dumps. This will concentrate
about six tons into one and will pro-
duce a concentrate worth from $50 to
$50 to the ton. This ore is identical
in character with the MudhoIe mine
concentrating ore, the latter we'll
known property being just across the
bill from the Merchants Mining COM |
pany's property.
Beside the above described there are |
u or 10 sacks of ore that were taken |
from the north drift at the 25O-foot |
level. which, should the ore body
prove to be continuous, will make
dividends at lively rate when it is
opened up. as the value runs from
5000 to 80, 600 to the ton in free
milling gold. This streak at the top
of the shaft is two inches wide and
widened out to ten inches at the bot
tom where it left the breast of the
drift and seemed to trend downward.
No attempt was made to follow this
ore streak, on account of a heavy flow
of water at this point, but it is the
intention of the management now as
they have their new hoist in
order, to sink another hundred feet
and drift toward this chute, and if
it continues to that depth to upraise
and explore it.
While the principal work has been
done on the First Home claim, there
has been more or less work done ON
all the seven claims of the group.
The Ivanhoe claim is crossed by an
immense mineraliZed dyke of por-
phyritic quartz which can be traced /
for nearly 5000 feet, and is from 15O
to 200 feet wide. A tunnel has been
run into this about 30 feet. The sur
face values were from Sl.25 to g. 30 |
per ton in free gold, and when the iron
Gaping is broken through on this i'm
mense dyke good ore may be encOun- !
tered in such quantities that will
make great property. The ore taken |
out is of an iron suIphide character. |
The work done on the Beth Block, |
Town View, Black Wonder and White |
Cap claims show them to carry good |
values in gold, while on the frankie
over 300 feet of work has been done
which shows the same character of ore |
and same values as the First Home.