Bisbee daily review., 1904-03-02
Options Secured
 ON BIG TRACT
 Mining Ground
ACQUISITION OF CLAIMS WILL BE
 MADE BY C. 6 A.
Territory involved Includes Twenty Four Claims Located Between Juno tion and C. C. C. Properties-NeSoti- stions Also Pending for Other Claims Nearby.

Three deals were practically closed yesterday whereby. in an indirect way. the Calume; & Arizona company Yiil eventually make the acquisition ef a vast tract of territory located be- tween the Junction and Calumet 6 Co., eh5se properties. Altogether twenty four mining claims are included in the transactions which consist of the let ting of thirty day options. The groups sf claims that will in all probability re vert 10 the c. 6 A. people, are what are known as the Dutch Backer group cf eleven claims which adjoin the Calumet & Pittsburg, Junction and Calumet & Cochise; Union group or nine claims located southeast Of the Dutch Baker group, and also adjoining the Calumet & Cochise; and the Cave Extension group of four claims. which adjoin the Cave group, located also in fhe Immediately vicinity of the first named The consideration for the Dutch Baker group will be s4S0,000; Union group, sl5O.00o, while the Cave Extension group will bring S14O,OOO, CT a total of s770,O00.
 While the options on the above nam ed claims have been taken up by par ties other than those officially connect ed with the Calumet & Arizona compa- ny, there is no doubt that the trans actions were instigated and carried cut for the Bonanza" crowd, and within the thirty days allowed by the options these people will have become the owners of ;he territory above de scribed
 For some time it has been surmised that the Calumet & Arizona company vas desirous of making the acQuisi ton of the mining grounds situated in the vicinity of the Junction property and if the transaction is finally con sumated as stated ahove, and there is almost q certainty that 1t will. it will mean volumes to Bisbee as well as to the stockholders of the c. & A.
 There is no doubt that the property included in the ripple transaction is valuable for mining purposes, and it is understood from excellent authority fhat exploratory operations will be commenced on at least some of the claims before the expiration of thirty days The parties securing the op- sjons are practically the same who come six months ago secured an op- tion on what is known as the Cave group Of eight claims adjoining the Cave-E,Ntension group. and altogether the Bonanza people will have control of thirty-two claims in this direction
 It is stated by a good source that the Intention is 10 do both shaft work and exploratory operations soon on the Cave and Cave-Extension groups. Ex p1cratory work has already been done s;n the former by the original locator Jacob Pirrung, an6. by the sinking oi a shaft about forty feet very promising formation has been disclosed. The entire property has excellent surface ahowings, and the best mining mer here concede that the tract is highly valuable for prospective mining. One thing is absolutely certain, and that is that the claims must be valuable, ol the management of the Bonanza Cir Ne" would not be eager to acquire ownership Of them.
 Negotiations are also pending fol
 tue transfer Of other claims which ad soin the ones mentioned, to the c. & 4. people This transaction is alst heinz conducted for the company il cn indirect way, and the number O claims involved is eleven. The prop oty is q: present owned by Bisbe' parties, who located on the claim. many years ago The negotiations whereby an option will be let vii probably be concluded before the ent ef the week. and with the final cen summation of the four deals the Mich igan parties will be in possession o s.oout everything in sight"
 ParnalI on SmeIter