Arizona weekly journal-miner., 1903-02-11
THE IRON KING PROPERTY
Destined to Be One of the Greatest Mining
 Propositions of the West.
The Recent Visit of Eastern Stockholders Results Orders
 the Capacity for Developing the Property

American Copper company from New
 York City, New York, and Kansas g City, Mo, few days since Journal Miner representative was invited by
 General Manager Ben Blanchard to
 visit this wonderful property, which
 lies within sixteen miles of Prescott.
 as the crow flies, or about twenty
 miles by rail, in d southeasterly direc-
 tion, in the very heart of one of the richest mining sections in the west.
 On arriving at the Iron King siding, we found the side track full of cars of
 machinery and timbers including the
 special Pullman in which the party
 came from New York. The visitors
 were at the mine inspecting the un-
 derground workings.
 The properties comprising this
 group of mines, known as the Iron
 King group, consists of twenty full
 claims, in solid body 24OO feet wide
 and 75OO feet in length, covering a
 tract of ground of about 400 acres. A
 part of the property was purchased
 about three years ago by Mr Blan-
 chard against the advice of a number
 of persons who had known the prop
 erty for years and had considered
 that it was of little value as they SUD-
 posed the immense ledge or Assure
 vein which crosses the property from
 northeast to southwest and stands up
 out of the ground ill many places
 from 20 to 90 feet and from 40 to 30
 feet wide, to be only a great barren
 porphyry dyke, such as are quite nu-
 merous in many sections of the cOun- try, and it had looked so big and common that it had been passed over as worthless for years. But MT. Blan- chard saw al once what had been over
 looked by others, that this was not
 worthless porphyry dyke but was true Assure vein of honeycomb quartz, l every ton of which was free milling and cyaniding ore After working quietly on the property for some time |. the work of forming the American | Copper company was begun and when | this was done several adjoining claims | were quietly added to the property | until all the ground was secured that | it was thought advisable for this | group, when the work of actual devel- | Opment was begun, which was little l less than two years ago, and some idea | of the business like and systematic ] manner in which inc work of develop 1 ing the property has been carried on,
 may be gained when it is learned that
 in that time nearly poo feet of under ground work has been done, besides the erection of a number of nice and f substantial buildings, such as hoist and engine rooms, machine shOps.a
 splendid boarding house, large office,
 where number of the employees of the mine and their families live. the installation of a fine steam hoisting plant, the erection of a large mill building 70xl9O and capable of con- taining 200-ton stamp mill and cy- aniding plant of which the machinery for 1O0-ton plant is now being put in place. Another remarkable thing about all this work is the economy with which this has been done Scarcely $50. 900 has been spent and tho OTTO bOIr norr bIool>oJ ont ;s estimated at a very conservative esti- mate to be worth fully 510, 900, 900 and it is said an offer of 8, GOO, 900 has , been flatly refused by the company These amounts may seem to be very large but when it is taken into consid- |: eration the immense body of ore that has been proven the amount is very ( low calculation. In support of these statemens let a few figures be ( given. It
 Shaft No is now down 225 feet, shaft No. is l25 feet, shaft No 3. is f 65 feet deep and shaft No. is 5 ( deep. Shaft No. l and ? and cross cut No. 3 are all connected by a drift over 1000 feet long at the I00-f foot level. At { shaft No. l a cross cut has been run { I35 feet, at No. POO feet, No. 3 cross ' cut is S5 feet and No. cross cut loo feet, and all of these are in solid ore l which will average down to the 100 foot level about SIP to the ton. One l vein 40 feet wide is free milling gold l ore carrying silver and lead another I vein 9 feet wide. The remainder be- ing low grade copper sulphide ore.
 At the POO foot level in blocking C out station l6x23 feet a solid body of black sulphide ore was encountered i which averages nearly 80 to the ton. A cross cut has been started in the ( sulphide ore and so far as the cross I cut has been driven the ore remains f he same. A stump was also sunk 24 : feet deep and is still in the same C quality of ore, or better, if anything, a SO this new character of ore that has just been brought in promises to t greatly increase the value of the prop erty, which is already so great that it C gan hardly be realized and could fur { nish ore from what is now blocked out f sufficient to make the property divi- lent payer for many years to come. I In support of these statements the C Journal Miner will submit a few from well known and re c putable mining engineers who have C examined the property. ]
 T. C. Archer of Prescott, who ex- V lmined the property few months $ ago, among other things said: s
 ''l will not summarize the many i assays taken from these working from top to bottom, which l find give an q average assay value of SIP for the short | distance along the ledge of 5lO feet,
 which was he extent of the drift at s he time Mir. Archer made the exam I lnatIon) and will cube up the small | amount now blocked out. will put f the width at l4O feet by loo feet deep T by 5l0 feet in length. 20 cubic feet h per ton. 357. .OOO tons at SIP per ton T equals Si, 2SI, ,0OO. less cost of mining W and milling S23 per ton S3, 570, GOO, a jess cost of plant 5iJO, 600 equals B, ti l2O. 900 net " s
 Since this time the drift has been C doubled in length and shaft No. , n sunk 24 feet deeper. the ore increasing |; in value from Sl3 to s25 per ton. He a l.., .,.ll.-