Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1903-06-17

The pumps at the Iron King mine
have been installed and we're tested
yesterday afternoon. 1t has not been
learned what the result of the test
was, but if everything goes off all
right. as il Is expected they Will, the
new 1O0-ton mill will be ready to start
up for a steady run in about ten days
Wednesday of this week was pay day
at the mine and over 5000 was paid
in wages. This is the largest amount
yet paid out in one month at this
mine but the chances are that in the
very near future the pay roll viii be
much greater, for as soon as the mill
starts up the number of men viii be
greatly increased
President o. C. Ainsworth and Sec
retary Alexander Miller, of the Bon
ME Gold Mining company, came in
last night from a visit to their prop.
erty in Eugene gulch, Big Bug dis
trict. They were delighted with the
showing of the property since their
last visit some months ago. A CON
tract for about 200 feet OF develop
ment work has just been completed
and the showing Is so good that they
are considering the proposition of
running another tunnel into the
mountain about 100 feet lower than
the present one which would tap the
ledge at a depth close to 600 feet. The
company owns five claims in body
and they are crossed by six large
ledges running parallel with each
other. On these ledges there has been
800 feet of tunneling, $50 feet of drift
ing and 100 feet Of shaft work done,
making in the neighborhood of 500
/ feet of development work all told. In
the tunnel on which work has just
been completed the ledge is well de
fined and gives every Indication of
permanency. While the tunnel taps
( the ledge at only 100 feet from the
surface the ore vein is from four to
six feet wide and carries values run
ming from SO to SO per ton in free
gold 1t Is thought that the proposed
tunnel at coo feet of depth will open
up a still richer and larger body of
ore. This property Is very favorably
situated from a standpoint of trans
. portation facilities. as the Poland
branch OF the P. and E. railroad runs
at the foot of the mountain and ii
will require very little machinery tc
work the property, as the ore can be
stopped out. run TO the mouth of the
tunnel and loaded right on the car:
by a gravity tramway, thus avoiding
/ the expense of hoisting and handling
the ore. Being only a few miles from
the smelter the freight rates are only
nominal. so it viii not take very rici
ore to make "a good profit. Mr. Aims
worth, who Is an old Colorado mining
= man. says he never saw propert!
= that looked better and seemed to hav,
better future in store for it than th,
= Bonnie. Another thing that is a gooC
indication for this property is the fac
that there Is not a share of the stool
p for sale, which eliminates any featur
p Of stock speculation from it. Still
another thing in its favor is the dis
I trict in which it Is located, being
district in which more dividend pay
e ing properties are located than an
: other in the country.
h Z. H. Meek left this morning fc
It a business trip to several of the tow
in the northern part of the territor
l. in the interests of the Copper Hi
e Mining company of this county.
IS J. S. Aclzer went to jerome tn
n morning ON a short business trip
y the interests of the Corona Consol
It dated Gold and Copper compan
This company Is making a wonderf
showing in its property ii Turk,
10 Creek district Mr. Acker showed