Bisbee daily review., 1907-12-28
RICH ORE Is
ENCOUNTERED
WITH DEPTH
Arizona Commercial Is Show
ing Up Some High Grade Ore
at 500 Feet-Future Out
look Bright

The discovery of the Black Hawk
vein, richly mineralized, in a winze
from the 5o0-foct level of the Black
Hawk shaft has changed the entire
prospects OF the property In an arti-
Gle in The Statist over two weeks ago
the change in condition OF the prop
erty was noted and the early striking
of the vein predicted The situation of
affairs was clearly described and the
similarity of the state of affairs at the
Arizona Commercial to that at the Old
Dominion Just prior to the encounter
ing OF the big sulphide vein. which is
considered by many the richest min
erai deposit even encountered In Arr
IONA, was fully explained.
The management Of the Arizona
Commercial concluded that 1t would
be both good business policy and very
valuable to the future development OF
the property TO learn Just what the
condition below the 500-foot vein of
the Black Hawk was and so the winze
was sunk The rich ore was encoun-
tered before the management had any
idea that It was in the neighhorhood
of such big deposit. The first indi
cation OF the strike came in the form
Of stock buying from Globe by those
who were on the ground and who tele-
graphed orders to Boston in advance
of the news The change of condition
at the property was well indicated by
the selling price as Arizona CONNER
cial has recently been bought on the
showing made in the Copper Hill prop
erty alone and this frame of mind has
been the more marked since the lode
was lost on the 500-foot level east in
the Black Hawk and the stock has
done steadily better since 1t was re
covered.
Besides the rich copper glance
which was encountered in the prop
erty. the company has also taken out
several lunches of rich ore which run
Is per cent copper on assay and in
places Is almost the pure metal The
bornite or glance should also run high
er in silver values than anything that
Bias been opened up to this time Not
4anly is the high grade ore encourag-
Eng, but the mineral showing clearly
eoints to a continued and very rich
Geposit From this 1t is not TO be
thought that Arizona Commercial will
prove to be a mine in a day, and a
long period of DEVELOPMENT work is
evidently before it The high grade
ore of the present grade will be OF
big assistance to the Shannon com
pany where iS viii likely be shipped
since the Old Dominion and other
shelters of the neighborhood have al
most entirely shut down on custom
ores
Work on the big compartment
shaft vii be pushed with all alacrfty
and everything done 10 make the de-
yelopment OF the property go ahead
as rapidly as possible There has
been some story of bond issue. The
management states that Arizona Com
merciaI has money enough on hand
to pay for a years development work
even II no income were received.
This will not be the case as the COM
pany will ship sulphides and other
ores steadily. On its present show
ing and taking into account that there
are but 100000 shares of stock ART
iona Commercial is selling at veTv
low prices even yet and should sell
much higher before It approximates
anything like its real value. The
company win continue the sinking OF
the present Black Hawk shaft indie
nandanf of the nrogress of the new 3
compartment shaft and viii endeavor
to open uDs the ground as thoroughly
as possible in the shortest possible
time.