Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1906-05-16
DEAL CLOSED FOR ROYAL RrsH
GROUP.
(From Thursdays Daily)
From the Jerome NewsO

(From the jerome News.)
The developments in the North
verde and the encouraging formations
being brought to the surface by the
diamond drill on the IIarryhouscn group
is the agency that has turned we'll
merited attention of those who are
up in mining to that part Of the min.
eral belt located in the Black Hills.
That confidence in that part of the min
cral belt il becoming deep rooted was
proven during the past two weeks when
the deal for the Royal Irish group was
closed. What 10 known as the Royal
Irish group consists OF eight full min.
ing claims, located between the Harry.
housen and North Verde properties, and
extending north from the north line Of
the great United Verde mine, owned
by Senator W. A. Clark. The Royal
Irish group has been taken over by J.
E. Leepsr, who has associated with him
number Of eastern capitalists. A
company will be organized and 70 prove
their confidence in the ground taken
over BY Mr.. Lespes and associates, So.
600 shares Of stock In the company has
been subscribed for BY residents Of Jc.
rome, all Of which has been taken by
old residents Of tAs camp, among them
the superintendent Of the United Verde
smelter. The mea who have become
interested - stoskAolders are conserva.
tive business men who have cona.
denee In the business ability and In.
tegrity Of Mr.. Leeper. He will leave
within the NEXT few days for the east,
where, with Ais associates, he will or.
ganire the company, 70 be incorporated
under the laws Of Arizona. The east.
ern people who are going into the com.
pany have unlimited capital, and they
propose to have machinery on the
ground within the next four months,
when the sinking Of 1000 foot shaft
will be started, and continued until that
depth il reached, when the group will
be drifted through in all directions, and
thoroughly prospected and developed.
Development at the Black Hills con
tinues TO show that property up In
better shape. The showing 10 most
encouraging for big mine, and NIL con-
nected with the property, ~ well rs
the whole camp, are happy over the
splendid developments through deep
mining. II must be remembered that
nothing was expected in this group
above the 1000 foot mark, and n the
formations had not changed until the
1900 foot mark had been reached Il
would have been no surprise 10 the
mining world. Thus when the changes
commence to take place at depth Of
less than 600 feet, and changes Of such
n favorable nature, there is good reas
on for the hopeful feeling that nov
prevails in the camp. II proves that
there il ore at depth In the jerome dis
trict, and that big mines will, ere long
be developed in the district This il
the deepest hole In jerome district out
side Of senator Clark's United
Verde mine. The Thomas brothers ai'
also pushing work on the Mingu'
mountain, on which there IL n splendi'
showing, and where II Is believed n pa,
body Of ore will lie uncovered neare
the surface than on the Black Hill
group.
On the Harryhousen group Contracto
Mitchell / has gotten through the ex
tremely hard rock that he has been 20
ing through for the past two weeks, AM
= is now in a formation Of iron and po'
phyry, through which he Is maxim
Roadway at the rate Of 10 10 IL fee
per day with the diamond drill.
At the Pittsburg.Jeromc the sinkin
of the 1000 foot shaft is progressin
Y M smoothly as possible. The new ms
: chinery is working TO perfection an
depth is being attained very rapidly.
On the Hickey property the Do'
, company continues TO do work that
prospecting this group thoroughly.
General Manager Hull continues
develop ore at the Cleopatra. Durin
the week the necessary lumber an
timber with which 20 erect the smelts
on the property has arrived, and
v will now be put mp just as quickly
possible. The grading Of the smelt'
site has been completed ms has also N
laying Of the water pipes.