Bisbee daily review., 1903-07-08
THE GRAND GOLD TREASURE.


 San Jose mountains has suddenly taken a stride forward. It has fallen into the arms of the Ari- Sons Mining and Development eompa- ny, corporation of Oklahoma City. This much was accurately outlined in the Review of June 23d. The transaction brings the Gold Treasure into the relation of a brother with a valuable property owned by the new company in the celebrated Silver Plume district about 52 miles west of Denver.
 The Colorado property, consisting of the Gladstone and Big Medicine, is practically surrounded by such fabu- lous producers as the Dives-Pelican, The Daniel Peters, Diamond Corry, Smuggler, Wisconsin, and others, az gregating some 36 different properties which up to the first of January, 1901, had produced the enormous aggregate of over forty million dollars. The ay- craze of values in that district was something over s1O00O per ton. The company's property there is well de- veloped and is a producer of conse- quence already. The fact that the Gold Treasure has been absorbed by a company of such resources and merged with standard Colorado pro ducer, is matter of no slight impor- tsnee to those interested. as their stock is enhanced by the change. The merger leaves the par value of the stock at the same figure, and the com pany have decided to not issue any more treasury stock until the Gold Treasure is equipped and producing.
 At the Gold treasure, ten men are now employed, getting out a shipment to be sent to the Denver sampling works, to ascertain the most adyisa- ble form of concentration amalgama- ton, cyaniding on other classes of re duction to be adopted. As soon as this is settled, a twenty-stamp mill, with eoneentrators and all necessary ad- 1uncts will be erected and put into op eration. The improvements will nec- essarily include a tramway system, and the opening up of this property which has never had an opportunity commensurate with its merits before hie&ns volumes to the country in gen eral and Naco in particular.
 President Jones, of the new compa- ny, is one of the strongest fnanciers in the United States, and his company are able to develop the magnificent resources of the Gold Treasure and op- crate the mine on any scale which those resources may justify. Presi- dent Jones has recently visited the property and is exceedingly pleased with it. He finds that those before him, used their limited means to advantage in opening up the man. moth proposition on the slopes of the San Jose. Prominent among these, is R. V. Daniels, who resigned a po- aition with the government, and ex- pended his energies without stint to bring the big property to the front and now enjoys position of importance and responsibility with the new com pAny.
 The assays Of the Colorado property run incredibly high, while mill runs have run as high as S17I.0O per ton, the values being in galena carrying sil. yer and gold with showing in grey copper.
 The situation of the Colorado prop erty in relation to the old producers of the Silver Plume district, and the splendid facilities for transportation development and reduction, make it 6 veritable bonanza.
 The merits of the Gold Treasure lave never been fully understood and appreciated by the public In the re public of Mexico, after one has ob tsined title, he can count on his taxes and be strictly 'let alone" this ap plies to companies and not to indiyid uals in mining business. The property is within few miles of the American line. It is within about six miles oi railroad, it enjoys excellent faciIi ties for wood and water, and beyond doubt it is the largest gold proposi ton perhaps in all Sonora. and assay, and mill runs run in connection witt thousands of feet of development work, have demonstrated that it il something suggesting immensity Tn, z0-stamp mill which will shortly bt erected, though doubtless paying { handsome dividend, will simply be ar experimental toy mill compared witt what the magnitude of the proposition will justify.
 Taking all these well established facts into consideration, combininl these two remarkable properties whicl are already producers, and this un under the management, and in iron of 6 company representing uniimite means and steered by men of ampl experience, both in the direction Q hnanceering and local mine manage ment, one must be driven to the con eiusion that the outlook for the Arizo na Mining Development company with which the destiny of the Col Treasure is irrevocably linked. is eel tainly bright The gentlemen Of .h local, original management Of tn Gold Treasure are certainly deservin Of the triumph which has hnals crowned their honest efforts. ard it