Bisbee daily review., 1906-06-21
CONSOLIDATION ASCONS|DERED
 BY BROKERS
General Impression Is That Lo- cal Merger Means Great
 Ore Producer,
(sy Hayden. Stone 6 Col

Noy F'dyNNbs S>SffS W WI
 BOSTON. June 20.--Now that plans have been perfected for the consolida ton of the four Bonanza Circle prop critics outside of the Calumet & Ari' Zona, it is of interest 10 see just what the prospects of the new company are. Two of the four properties, the Pitts burg X Duluth, and the Lake Superior & Pittsburg, began production last October, the Junction is nearly ready to begin, and the Calumet & Pittsburg should follow in few months.
 It is very difficult to give clear idea of the development work. and it is quite impossible to state with any degree of accuracy the amount of ore blocked out. as the ore in this section dCes not occur in veins, but in irreg- uiar lenses: cTosscuts and drifts have to be extended hitheg and thither be fore 1t can be definitely determined where stoping will grove profitable.
 Beginning on the vest with the Ptttsburg ( DEluth-<his property comprises soms 100 Scres and adjoins the Calumet < Arizona on the west, and the Lake Superior & Pntsourg on the noyShwestj 1t is the feast plpmls- tIlS OI lIlS lOuI. ~ nos VHS ShAtt, hhS Congdon, but this Is not used aE 1t has been found more practicable to tram the ore to tse Cole shaft of the Lake Superior & Pittsburg through the levels which have been extended into the property or the rrrtsuur. & pV!u'n. Most of the development has been done on the 1250-foot level, which, as the ground rises rapidly to the northwest, corresponds to the 10o0+foot level of the Lake Superior 6 Pittsburg. This Ole hsEe is ..ow grade and is used principally as fiuX for the Lake Su- perior & Pittsburg ores. Production began the middle of October, and in the remaining two and one-haf months. of 1905. the outpu. vas S7o!l79 nauRds. Since the close of the year raise 50 feet above the i3sefoSt level has cut a body of rich oxide ore which gives rise to the hope that the mine may yet develop a body of copper of good commercial grade.
 To the southeast of the Pittsburg & Duluth aud directly south of the Calu' met & Arizona lies the Lake Superior & Pittsburg, about $40 acres in ex- tent. the largest and most developed of the four properties. It has two shafts, the Cole and No. 3, and will probably sink a third to the south east. The principal shaft is the Cole, which is being sunk to depth of i560 feet. There are drifts on the 900. 1000 and 1100-foot levels, and sta ton has been recently cut on the 1250- foot level. The most important show ing of ore is on the 1000-foot level. where a very long drift has been run north to the Pittsburg & Duluth. Be fore the close of the year this same body had been cut on the fl00-foot level. The ore is identical in value with that of the Calumet & Arizona. running l5S pounds to the ton. This mine also began producing the middle of October, and between that time and December 31. the output was l. 721, ,295 pounds. It is now sending 200 tens per day to the Calumet & Arizona smelter. from which copper is being produced at the rate of about 5000, 900 pounds per annum.
 The Calumet & Pittsburg adjoins the Lake Superior & Pittsburg on the northeast and the Copper Queen on the southeast. and contains 800 acres. are I"O Ou ihC ty the Briggs and the Hoatson. both over HOO feet, but in the former a heavy flow of water has precluded much development work. and the lat ter is a new shaft from which drifts have not yet been started. Hence. it is impossible to state definitely what the mine can show in the way of ore Nevertheless. it lies in direct line with the Copper Queen shafts. and those at the head of. the new company believe it will prove to be the richest of the group.
 Last, but not least, comes the June ton, the most easterly of the lot. This Is just emerging from the develop, ment stage. It has one shaft named after the mine. This is down 1030 feet and will eventually be sunk 300 feet more. The water in this mine has also been troublesome, but it has not prevented extensive drifting on the $50. 910, 975. and 1006-foot levels