Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1907-05-15
pHRFnCTp oioo.ooo, MINING DEAL
IN TEN DAYS.
(From Sundays Dsily.)

Pcrfccting n $iJO,OoO mining deal in
,hc short space Of ten days Is n feat
seldom heard Of in the mining states
IS Territories Of the west, but such was
the record made here yesterday by
william Nellis Of Mayer, who promoted
the sale Of the Copper Queen group Of
mines, owned by Scholcy Bros, Conner
Bros, and j. &. HartsReld, the title Of
which passed into the possession Of Burr
Douglas and his associates, Of Kansas
city, Mo.
According to the terms Of the trans.
Ter $4,000 was paid down on the pur
base price when the title passed, the
tcmainder to be paid within six montas
from yesterday.
The deal Is the fourth and the most
important Of q series Of transfers made
u mining properties in the Copper
creek district in the past two years by
Nellis, who still retains interests in the
district m promising, II is said, as any
that he has disposed Of 10 far. II was
through his influence aud standing iu
the mining world that the Resale group
Of nine claims was purchased by tae
Rosalie Copper company, for the sum
~ $4,000, the Brooklyn. Arizona group
81 six claims purchased by the Brook
lyn.Arizona Mining company, and the
Sunset group Of fifteen claims taken
over by the Sunset Copper company, all
in the immediate vicinity Of the Cop.
per Queen group, disposed OF yesterday,
aud upon all Of which active develop.
mcnt is being vigorously prosecuted.
Douglas and his associates will at
once organize IA company into which
the title Of the Copper Queen group will
pass, and upon which active work will
be inaugurated No once. A large hoist.
my plant will be purchased, n site for
a compartment working shaft selected,
camp buildings erected and tine force of
miners employed as fast M the dcvel.
opmcnts warrant their economic en-.
gagemcnt
There is now over 900 feet OF shat,
work on the claims the deepest shaft
being only 125 feet. In the didcrcn,
openings there ~ n twenty inch pay
streak exposed of chalcopyritc ore, tina,
samples 20 per cent in copper and from
~ to go in gold 10 the ton. The
group Of six claims lies Immediately
north OF and adjoining the Rosalie Cop
per eompany's mines, now in an al
vanccd stage Of development, and from
which regular shipments Of high grade
copper ore are being made to thu
Humboldt smelling plant.
Ore from the Copper Queen group
which includes claims among the old
est locations in the district, was shippe,
~ far back ns twenty years ago, whkl
yielded a handsome profit. The mine
were later abandoned on account Of th'
lack Of transportation facilities, AM
the transportation problem has Away
been, and, to a great extent. still u
the great drawback TO the development
81 the district. At present all supple
are hauled and all ore shipped by WACO
through Mayer and Cordes sidings. tn
nearest railroad stations, ON the BraC
shaw Mountain railroad, from twcnt
to twenty Ave miles distant.
Copper creek, passing through III
property, furnishes nm ample supply
water Mt all seasons Of the year. an
the camp enjoys an ideal location fro'
a climatic standpoint. there being n
heavy winter SHOWS to interfere wit
operations.