Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-08-03
N ining The a d
NJ ng W.

Twenty or twenty-five years ago
men hunted Tor mines as the explorers
OF old sought for the golden fleece or
the fountain OF eternal youth. They
expected Co mine hy their wits. They
expected 10 stumble upon great OUT
crops that only needed 10 Do cracked
with a little hammer to make a mine
worth millions. Even when "a good
deposit II ore was found. the prep
artati8n FOR mining and marketing
was often the crudcst. and men were
discouraged boy the petering out of a
little pocket or the faultiug of a vein.
only the rich ore was used. ship
ping costs were high and processes Of
reduction not nearly $50 perfect as nots.
Vast quantities OF good but 'compar-
1tlypiY low grade ore were LEFT un-
touched in the workings or thrown
on the waste dump. and careless
smelling sent rich values into The slug
pile
New districts were examined super
ncially by transient fortune seekers
and assessment work" was tho limit
In many eases. of the prospecting
dome. \ Few very rich accidental
strikes fred the avaricc of The multi
.tude. and nothing but solid gold or
silver in plain sight presented mu
temptation 10 the miner of those
DAYS.
HM"Nh HN NNANANNN AN wv N H- poo" |'." N.H
Titled Co be- called a prospect until at
.lvssi 1000 feet OF development work
has been done on o.. Prospects often
DO NOT become mines until millions
have been spent. The real miners of
TODAY speak Of their "lttle prospect
hole, where $4,000 has gone under
ground without showing more than o.
stain. and where the development of q
successful mine o. looked for with as
much confidence as the coming of the
uorrnN's suu. More money is put into
machinery to develop a prospect than
used CD hc spent To equip q mime
White the rich streaks are valued
hiehly. 30 is now large bodies nf Dpa'
~uIriUyelV low grade ore that arc
SOUGHT. these make the dividend pay
,rs aud tho substantial properties The
,Ntout of the ore body rather than
tht richness of ASSAY iu selected por-
.iIans. determines the value OF the
mime. and companies VIII pass 10y rich
.hut comparatively meagcr sh"Win-s
tu go deep for the big bodies 90 ut'
believed 90 lic below.
New Mexico has been among the
I1si Of the famous old mining regions
fp feel the effects Of this great tt1n'-
formation Eut Npw Mexico Us are
rIt.ug The territory b. very rich tn
nras and capital cannot ahord GO
SLIGHT it. The failure ~ f~uhulnusly
.rieh deposits in the early days has mo-
bearing ON the mining outlook today
The territory has never been thor
..nehfV uru.pectcd. and tno mutu
moss has been laid. In advertising THE
tarrltarN's wonderful mineral re-
sources. ON the wonderful record ui
tae past. To make much of he sue
ccsses Of q quarter Of q century ago
necessarily inVolves ma explanation ~
tho present very low production ot
metal. and that is unfair Go % ctorll-
tofv.
Ef Psso could very probably form
lam organization to further D. dcVeI-
anmenf OF New Mexico mines. Within
.f.0 miles of this city he some Of the
most promising mineral rcgions iu The
United States. and nj Paao might as
we'll share in the burden of opening
Iun this rich region and inducing taN-
itaf b. COME nhundautiN.