Weekly Arizona journal-miner., 1905-06-21
in reply to inquiry:

III Itply IO inquiry.
 HIt was some five years ago that I
 first became interested in the Verde
 Chief. It had been located by MT.
 Bartholdi, who was the original loeat- or of the present Pfau property. The more I learned of the Verde Chief the better I liked it, and I am now the owner of controlling interest. l am here with the sole intention of ar ranging for the installation of a dia- mOnd drill, which will be used to get below the water level. We are now down something like 600 feet, and by driving the d iamond drill another 200 feet or more we will be able to know how the ledge will pan out at that depth.
 "Yes, I am going to work this pro- perty, and barring some unforeseen complication I am certain that a mine will be developed that will prove a wonder in Yavapai county. I am not talking to sell stock, for I want all now own and might buy more if I was given an opportunity. There has been much work done on this prop erty, but my intention is to use a dia- mond drill for a short time to deter mine how to proceed with the real work of taking out ore. Unless all in- dieations prove wrong, we will have smelter in operation as soon as we can put the machinery in place.
 "'We now have ledge 40 feet wide fully uncovered, and assays are such that there seems no doubt of the value of the ore below. This ore is prac- tieally the same as that of the United Verde, and an expert cannot distinguish the difference between the rock from the two mines. tested this point by giving my ore to a United Verde as- saver, who was daily making tests of the ore from that mine. and he declar- ed that the ore gave him came from the United Verde. In my opinion it will be but a question of the best manner of opening up the ore bed, as to what the mine may turn out dur ing the next year.
 Knowing as do what is already shown by our development work, I de- termined to install a diamond drill to further prospect the lay of the ledge and give us such indications as will show the best way for getting to the real work of mining. am more than pleased with the future of this partic- ular proposition, and as soon as we have driven well below the water level and have determined upon the most prae- tical method of proceeding, there will be another big mine in operation in your county"
 When asked what position he holds with the Verde Chief company, MT. Haynes replied:
 "At present I am known as the treasurer of the company, but I have made d strong effort to get control of the stock, with the result that I am now in a position to dictate the terms as to developing the property. I wish to say as one of the many dealers in mining in New York city, that Ariz- ona generally never stood as well from an investment standpoint as at this time. This district is to be the ac- tive scene of a great deal of work during the coming year, and I am con fident of its prosperous future. l have visited here at times during the past five or six years, and when east have kept in close touch with the affairs of this section, and I have never seen such a bright outlook as is now in evil denee."
 MT. Haynes will leave today for a trip to the Jerome district, accompanied by Engineer Bartholdi, and upon his return will make a hurried eastern trip. By the time he can return to Arizona he expects to find the dia- nond drill in operation on the big 4O- foot ledge of the Verde Chief.
 MT. Haynes and MT. Rogers now done constitute the brokerage firm, MT. Munroe's interests having been purchased.