Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1905-12-18
EXAMINING MINES
IN KELLY CAMP
MEsSRs. FERRIN AND MADDEN
EXPRESS SURPRISE AT RICH
PROPERTIES IN SOUTHERN DIS
TRIcT.

G. A. Ferrin, of the Northern Min
ing and Trading company, and r. w.
MADDEN (who we may now term our
fellow citizen, as he has decided to
locate here and has taken desk room
with Mr.. G. w. Stubbs) returned Sat
urday from a weeks investigation Of
the property at Kelly recently opiSn-
ed by Mr.. Hadden and Mr.. Stubbs.
Mr.. Ferrin examined the property for
his company, which is the largest OPP
Grating organization in Alaska, with
exception of the Treadwell. Mr.. Fer
rims company is a close organization
of but six members, two of whom are
personal friends of Mr.. MADDEN and
with whom he has been associated in
other deals.
Mr.. Ferrin expressed great surprise
at the enormous properties in the
Kelly camp, and the fact of their be-
ing practically unknown to the mining
world, but predicted that within the
next year or two It will be one of the
great mining districts of the country.
We understand he will recommend his
associates to invest in the property
he examined. which bids fair to be-
come the largest mine in the camp.
Should they take hold, Kelly may look
for some real mining, as the Northern
Mining and Trading company have
unlimited capital and will prosecute
development on an extensive scale
with the best of modern equipment.
The Kelly district has had a check
cred history. 1t started-as a lead pro-
Queer in the early eighties, and e V
eral million dollars worth of rich lead
ores were shipped from the Kelly and
Graphic mines. The mines were sup
posed to be played out when the late
Professor Herrick found that underly-
ing the lead were immense bodies of
rich zinc carbonates, so the mines took
on a new lease of life when in 1904 the
Sherwin- Williams Paint company, of
Philadelphia, bought the Graphic for
$150,000 and started to extract the
zinc for use in their paint factories.
The same year saw the sale of the
Kelly to the Tri- Bullion Mining COM
pany, for $500 These two COM
panies have already taken out of the
ground some 100000, although con-
siderably hampered on account of the
u~nminerlike manner in which the pro-
perties had been developed and work
ed in the past. Both companies are
at present equipping their mines with
modern machinery, and in the near
future the Kelly district will be the
largest producer of zinc ores ON the
North American continent.
The properties which Messrs. Had
den and Stubbs hold are situated be-
tween the Graphic and Kelly mines,
and the ore bodies have been opened
to its side lines in both Graphic and
Kelly, fully demonstrating the value
of the property. We understand these
gentlemen will retain an interest in
the new company, and are to be con-
graduated IN their foresight In secur-
ing so valuable a property. Professor
Brinsmead, of the Socorro School of
Mines, went over the ground during
the past week and gave his opinion
that the ground in question is the best
in the camp. .
Mr.. Ferrin is a great enthusiast on
Alaska. and he evidently has every
reason to be, as his company has ia
ken out vast wealth from its placers.
He stated that his last cleanup. last
ingforty- days, netted $4,000
while a previous run of As hours net
ted $32. 900. Their investment before
getting back a cent must have been in
the neighborhood of a million dollars,
as ii was necessary 10 bring water a
distance Of As miles, and this alone
meant an expenditure of close TO halt
a million dollars. They have as many
as 800 men employed in the busy sea-
son. Mr.. Perrin was the first man tC
do winter drifting in Alaska, which
everyone had considered an impOssi'
bility. This work is prosecuted by
means of special machinery consisting
principally of steam thawers designed
by Mr.. Ferrin. Mr.. Ferrin says Alaskf
is a most interesting country, and &
pleasant place in which to live. Hs
had his family there for one season
and all were delighted with the coun-
try. Mr.. Ferrin usually comes out in
November and spends the winter al
his home in Berkeley, California, anC
returns 70 the frozen north in June.
Mr.. Ferrin left for California Satur-
day on the Limited, and will attend
the annual meeting OF his associates
at the Auditorium Annex in Chicago
in a couple of weeks, when final actor
will be taken relative TO the Kell,
deal. We hope TO see him in Albu'
querque in the near future.
Mr.. Hadden has also been in com
~munication with the Stauffer Chemica
company, of San Francisco, one Of tn,
largest chemical manufacturing ron
Germs i'm the country, relative TO othe.
property at Kelly, on which he anC
Mr.. Stubs hold options. They arriy.
ed az Kelly on Friday, and Mr.. Statz
the mining engineer. is showing then
over the ground. The party consist.
of Mr.. Stauffer, the president OF thu
company. Mr.. Paulson, and their min.
ing expert. They will be i'm Albu.
querque this week.
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