Bisbee daily review., 1904-12-20
NEW MEXICANS WILL BUCK THE
 MICA TRUST
PROPOSAL OF OWNERS OF IN. MENSE DEPOSITS OF MICA
 IN NEW MEXICO.
Say They Have thS Largest Deposit in the West and Can Mine 1t Cheap ly-Wiii Establish Independent
 Mcthoos-High Grade Copper Strike.

The Western Review. a new pubn-
 cation at Tres Piedras, New Mexico.
 bright and breezy With mining news ! of its section, prints the following:
 The largest deposits of mica in New Mexico and probably in the west. are located fifteen miles southwest of 1 Tres PiedTas in what is known as the Cribbenville district These immense deposits have been worked by exper fenced mining men at intervals since 1884 and long before that time were exploited by natives of that vicinity.
 At present only necessary annual
 work is being done as the owners are net satisfied at the prevailing price se- sured from the syndicate controlling
 he mica output.
 These mines in the GHbbenville district will resume operations again shortly, however. as arrangements are
 now being made to work the several
 properties and market the product in i dependent of the trust. Until ;his
 is done. under present condi-:oas, the policy adopted during the past three years will probably prove the better investment The fact that nicI is present in immense quantities is evi-
 dent to the most casual onlool1er. but | the cos, of mining the mineral even under the most favorable conditions
 in comparison to the price given ty the trust seems comparatively such ! it i, better to await a more favorable | opportunity An independent market
 in the larger cities could be comPara- ] lively easily established which would
 give the CTibbenville district rrO3rcer | a fair margin on his labor ana capital | invested
 As soon as the independent market | is secured. those who have hetG these
 their time and money on the regular
 annual assessment work prescribed by
 law will begin to reap an interest on
 their many enGeavors m the past.
 The mineral is present ia Cvervhelm- ing quantities and is aece9 ;ahle at
 small cost"
 The Review also prints tie fLiGw- 1 ing regarding an important high g-ade
 copper find:
 Another important discovery was
 made this week at the Elliott lrGe.
 While crosscutung on ;he Giscny cry
 shaft of the property F. A. Elliott un- covered a vein which IS Leiisved to
 be the man Assure of what was p1e- viously considered a remarkably we'll appearing prospect in IiselL The
 vein is thought to be the mIoather lcda
 of the high grade ore which has been taken out of the main shaft. Th.s ore
 from the main shaft as5aYel at fro m
 sixty to ninety-fcur per cent copper and it is possible that ;ha rev dis lcovery may prove to be bonanza.
 The discovery shaft had been sunk 10 a depth of twelve feet when sChist
 heavily impregnated with iron WAS en' , countered. The shaft nad ;hen teen allowed to remain idle for some time when MT. Elliott decided 10 investi gate it's prospects further on a cess cut. After penetrating the schist for ,i six inches one foot of granUlated 7. quartz. carrying oxides 0f copper, tc the value of 15 per cent, was peEeJras | ed. The crosscut then passed through mica, oxides of iron and copper talC for about six feet and layer of hema ] tite of iron carrying free gold. The ]; workings are now in quartz showing some native copper and plenty oi b suIphide. Work will be continued r regularly until a conservative esti r mate can be made of the full exren ' of the new strike"