Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-09-08

company. operating the Two Queens
group OF "gold-copper mines I'm Pinal
county, may well take considerable
satisfaction from the showing made
recently at the stockholders annual
meeting held here. The company is
now on a solid financial basis. as in
dicated by h reports Of the treasurer
and financial agent. The company
has on hand "A cash balance Of some
$4,000, with subscriptions for stock
stun to be collected amounting to
about $50, 006. The number Of stock
holders is 4,021, and there Is still "a
treasury reserve Of unsold stock to the
number Of t.S17.S5O shares. consti-
tuting an asset Of large value to the
company. A fine equipment OF ma
chinery has recently been installed at
the main working shaft on the prop
erty, and rapid progress may be look
ed for in the drivings of the shafts and
tunnels.
Mansfield. Ariz-The Mansfield
copper mine continues to report good
progress, and the aggressive policy of
The company Is showing most aubstan-
tai results. Sampling on two lots OF
are recently out showed assay values
Of Sll2 and S12S respectively. a very
large amount of this high-grade ship
ping ore viii be available as soon as
Aif HtM SLOPES are hptitNs Mllle At
the same time an immense tonnage Of
exceptionally rich milling ore VIII be
ready To be blocked out. The prOcur-
ing OF adequate milling facilities is the
the Immediate problem now confront
ing the Mansfield management. A
2OO-tOn mill Is contemplated, but
there can be no doubt that its enlarge
ment to a capacity Of 1000 tons daily
viii be absolutely required as develop
ment OF the already demonstrated ore
bodies proceeds. The Black Cap SHAFT
Is now down 140 feet and some very
high grade ore Is being taken out.
Boise. Idaho-The enormous ore
body In the west End Of the Big Giant
property, a few miles from this place.
shows a width 81 100 feet from
wall to wall. the narrowest point
II has been crOss-cut having a
width Of ~ feet. 4 testing plant is
being Installed. and as 500 as II o.
asccrtained what process OF treatment
Will be required. q mill Of 30o tons
will be pat in. on Jupiter
a short distance along the
from the Big Giant. the Mckin-
ley tunnel bore IS going ahead stcadr
Ily. and Is now IN about 2lb feet. EX-
.ensive prospect work covering a pc Q
Rod Of over eight years leads 20 the
expectation OF ore bodies being en-
tnuutered OF a character altogether l..
10 those Of the Big Giant COM '
,any.
Cripple Creek. Colo.-Laterais are 3
e. be driven from the Delmoutco 8
hart on Bull hin % exploit the Inn =
nense ore vein recently encountered Z
n sinking AZ the Nn0-fnot level. AZ .
his writing neither side wall Of the y
rein had been met with. the formation I
streaked with black manganese :
md showing chiefly low-grade min
raj The shaft g. being sunk 90 the =
1o0-foot level IN tho old SHAFT Of
he same property see ore o. being j..
from q vein O. foot and "a half =
vide. and shipments are going for :
].
Kansas city. Mo- wire has been 4
from the management of the y.
iansas Citv-Goldneld company. who AZ
re operating two valuable leases iu ~
heart 81 the Guldneld mineral
.eit. 20 the effect that their lease on
'eivet ground has been extended ~
1898, and that the q Z.
round includes the large shaft held
Intii recently 81 che Tiah Leasing
ompany. The Utah shaft o. distant
al -s~eveufv-tWo feet from the conn
any's shaft on Velvet ground d o.