The Virginia enterprise., 1907-06-28
PfopeftieS

Properties
it's organization and has Commenced operations
company was organized for the of taking
Sonora Development Company 16 denouneennents in ALL
total of 800 pertnences 1900 of
of which is heavily mneralized lies two compact
bodies which lie and half miles apart an aver
age OF 10 miles south of Cananea.
DEVELOPMENT Work
On the Azurite Claim, shaft has been sunk on one
from surface shaft encountered the vein Of co.,
per coming up from below in the shape wedge From
ore The average assay of all taken from shaft
10 10 cent lead and 80 of
silver -
The company has recently started working shaft
pnder the omtcroPping OF this ven and about 40 feet
vein 30 feet down from the collar of the This
drift when completed will vein 100 feet below
the top of the orechute enable the company to
begin immediate shipments of high grade ore This
vein is one and one half miles long and all the
On Sulphate Claim there is an ANTIQUE mine con-
sistng of two shafts 100 feet Deep from the Mex
stopped ledge Of high grade silver Ores
which they encountered surface and followed
about 100 feet each way.
This is of the many pay streaks that run through
and parallel the large bodies of sulphate ores.
The Fortuna Mining Company recently drove
tunnel, starting at the side of the mountain and on
level with the bottom of the Antique Shaft The pur-
of this to drain the old This they did
and continued the tunnel beyond and also driving
distance of 40 feet, did encounter the
hanging wall The tunnel and cross-cut have been
driven in vein matter the poorest of which carries $1,000
vein would give average Of to per cent
and 20 ounces svet Is per cent sulphur iron
ing ore.
Louis Loranger, one of Duuth's most reliable ex-
The assay of said samples give $4,000 per ton. This
sulPhate vein has been traced for half miles,
that this ~ p3oTe %~n: to nf~!9 be 9ne erS cf
covered in the south h-western copper country.
He1e also the comPany has started to sink working
ngs This the bottom of the canyon and at the
oot OF the h's the object being to sink to the 100 foot
has been crossed.
procure for early shipments. At same time the
company commenced to drive from the foot of
the easerly slope This tunnel will started again in
the future, and when completed will be nearlv
5000 feet in length all through the companys land and
From this tunnel the can apd @ eages
to mine before the is driven 200 feet and will
by the above that of claims held by the
company have passed the prospect stage and are now
Since the organization of this Company, they have
acquired by purchase LOO acres of minerazed in
the Mansinil Mountains six miles Cananea
Capitalization
$3OOOOOO divided into 100000 shares, par value of
$500 each 100000 shares of this been placed in the
Treasury and the remaining 100000 have been
used to costs of organization to paw for the
2,2O0 acres of mineral land above mentioned.
Treascry Stock OAertns
The Board of Directors have authorized the Treasur
er to sell shares of the Treasury Stock at par as
follows $500 down. and the remaining So 90 as called
for dollar only to be called for time and sixty
days notice to be given prior to each call.
Seminary "a
The company will begin to ship from one if not
both of it's proven ore bodies before July 49, 1907
Further information as to the companies pronertiea
and development work of may obtained at the
Duluth office where of the entire holdings together
with specimens of the may be seen, and everv
facility afforded for the fullest investigation which ;e
cordially invited. -@"
Remember this property has been paid for and is
entirely out of debt and has ample funds on hand to
put the property on dividend paying basis. -"~~
Compare the acreage capitalization location of pro
perties richness of and all other features If tho
Fay-cananea Copper Company, with my other copper
company on the continent and You will once that
public and one that il the very near future win show
Make all Checks, Drafta and Money Orders to the
order Of - .s.<x>~= ,:4::#= ~ .zs.
,S.s 4. :: FAXGANANEACOPPER COMPANY
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