The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-07-24
RICH COPPER NINE
Minneapolis Men on the Brink Of
Great Dividends From Ari-
IONA Property.
Building Of a Railroad Thru Their
Land Opens Up Great OPP
portunities.

Land Opens Up GreattOp-
portunities.
Mining, men who have followed the
course Of the worlds copper supply the
past two or three years express no doubt
that Arizona is to be the biggest copper
field known. Developments of two years
In that territory are such as to crowd all
other districts into the background.
Everybody has heard Of Senator w. a.
Clark's United Verde; the Copper Queen,
tho probably fully as large, is less known
because 1t is a close corporations; people in
Minnesota and along Lake Superior know
all about the Calumet and Arizona and its
associated companies, for they have made
millions out of them and look for great
dividends; the Detroit Copper company,
the Arizona Copper company and other
large companies are close corporations and
little is known of their enormous produc-
tons. In the region running south from
Jerome to Bisbee and the Mexican line
copper ores of the greatest richness are
being encountered by careful prospective
and it Is no idle guess that the correlg
few years will witness more development
In that region than anywhere else
The vast PROFITS Of this development have
chiefly gone to mining men Of the west and
Of the Lake Superior region and their as
cASAt1SSS' IouI IL lOOAo do SilO d .iul Va Mill
neapolis men were to come in for large
share before very long. The properties Of
the Arizona Copper Mountain Mining COM
pany were taken by Minneap polls men three
or four years ago. They We're then nine
ty-f1ve miles from the nearest railway
point across dry desert, and what nine
ty-fiye miles OF desert means nobody can
imagine but those who know. Nothing
could be done until there was railway COM
lmunfcatton and when that would be they
did not know. But recently the Santa Fe
road decided to build a line south from
Phoenix to BerVon, tF'u the heart Of the
great copper belt, and the survey crossed
the company's smelter site. That road is
now under construction, twenty five miles
are completed and in operation and most
Of the remaining distance is in the hands
Of the graders.
| George w: Wallace of Duluth. an expert
mining man of long experience, head of
the Wallace Contracting company and for
years manager of the Fayal at Eveleth.
the biggest mine in the world, has recently
been In Arizona, looking over the proper
ties Of the company, and has decided to
accept the general management Of the en-
terprise. from the mining end. Mr. Wal
lace. IS very enthusiastic over the prop
erty, and says it makes a bigger showing
Of copper, and has the promise Of a bigger
mine, than anything he has ever seen in
any copper country. ssr
Minneapolis Men Conservative. :
81 found,'' said he, yesterday, that the
facts as to the property hadanot been over
stated by the Minneapolis owners; on the
contrary, they had been exceedingly con-
tservative. spent a long time at the mines
and I want to say that have never seen
anything like them. The ores, so far as
they have gone down, are malachite and
| black oxide of copper, but 1t is generally
the case in Arizona, / believe, and it is full
ly expected there, that with water level
reached the character of the ore changes
to sulphides. The owners say that they
have ore running from to II per cent.
could not find anything as low as per
cent, and there Is an immense quantity al
ready shown by work done down to the
100-foot level They do not figure any
thing below that. level. but they actually
have pits fifty to, seventy-f1ve feet deeper,
and 1t IS fact that these ores of copper
run to great depth and increase in .rich-
ness as they go. in fact, it is not yet def
nitely settled to what depth the. copper
ores Of Arizona, in such forma tions as this
Is, actually do go. In the bottom of their
workings they have very large amount
OF % per cent ore. They show more than
100000. tons of ore above the 1oo-foot
level, and I suppose it Is safe estimate to
say that this will average not less than s26
gross to the ton. They have clean cut,
easy layout for mining and transportation
to sn1elter, plenty Of water at the smelter
site, and a custom smelter. almost ready
to operate only a few miles away at Ben
son, which can be used for their ores I'M
til they have proved Just what sort of a
smelling plant they will require. It is only
5000 feet from the mine to the smelter
site. and this IS on the ella river, which
has an abundant flow of water all the
year. They own the smelter site. line
Of claims between; the site and the mines,
and 400 acres of mineral land. all Of which
seems to be valuable and remarkably well
selected.
Enormous Values at Depth.
''The formation in that property, is an
eruptive upheaval, varying from 1000 to
500 feet above the surrounding country.
with limestone contact on one side and
granite on the other, and with an iron
and copper Gaping. This is quite similar
, to the formation in the Bisbee district, a
few miles south, where are the wonderful
Copper Queen and Calumet and Arizona
mines. The outcropping and Gaping over
the ore body is over 1000 feet long, and
} the surface is either mineral or a leached
rock that has evidently carried ore that
. has been redeposited lower down by the
action Of water. 1t Is where this redepo-
sitfon has concentrated that we should
look for the highest values in this prop
erty, as they do in similar properties else
, where, and we cannot expect to find these
, higher values except at depth. The fact
, that there Is such a great Gaping COM
, posed Of the partially leached and oxidized
remains of deposits, is indication that al
, depth there are enormous values.
1.-THE company not long ago made ar
engagements to sell 1000 shares of its
, stock for development purposes, but al
. | the annual meeting, held the other day al
|, / Minneapolis. 1t was decided to Withdraw
! this offer and hold the stock intact unit
! | the railway was completed to the mine
! which will be within sixty to ninety days
Ore Is Easily FIuxed.
t This copper ore is easily fuxed in the
) | furnace that is, it contains the various
a requisite elements in proper proportions
] to combine In the chemistry of the furnace
; to melt easily and carry of the waste ma
l terial This is bigger factor than mos
5 people outside. the industry realize There
d will be no mixing of the furnace charge
r with waste rock or almost worthless ore.
. fiux off, thus diminishing the earning ca
/ pacity Of the furnace to far below 1t.
i rated capacity; nor win there be any neet
of buying at high prices any ores to maxi
their own run down nicely. The mine L
. practically quarrying proposition, ant
: most OF what underground work is neces
E sary to be done will for a long time b.
. tunnel and not shaft work. this permitting
. a very great saving in cost of machinery
! and mining.
COAL ALL CARED FOR
State Finally Takes Most Of Thu