Arizona republican., 1908-01-27
PHOENIX MIN AND
 THEIR GOLD MINE
They Propose to Gut the Market With Particularly Fine Brand of That Metal.

The annual meeting of q certain mining company was held in Phoenix on Saturday and makes especially timely the publication of this story which contains some rather interest ing features that the public generally does not know. Even the name of the mining company was not given by The Republicans informant, but that does not matter for there Is mighty little in a name unless 1t be Rockefeller or Carnegie. The gentleman interviewed was H. B. St. Claire aud he with H. H. McNeil are the principal Phoenix people intereFted in the company and these names are sufficient to warrant the truth of the statements. They will tell about the company. the new di- rectors and officers elected, and all other details when they get ready. The story is about the mine, rather than the company.
 Not many Phoenix people are aware that Messrs. St. Claire and McNeil are engaged in mining. but they are and it would be DO violation of the laws of nature if they should get rich at it. Anyhow they hope to and one of their hopes is based on the fact that they propose to supply the market with a particularly choice variety of gold. known as emerald green, or Roman gold. It is worth no more for coinage than common old yellow gold but its rare tint gives it a commercial value much greater than common gold and 1t is so rare that so har as MT. St. Claire knows 1t has never been found but once in Arizona except on the property he is interested in. It is used mainly by the manufacturing jewellers for rings and other jewelry In which em- eraldS or diamonds are set, and there is a great demand for 1t among wealthy people in New York.
 Messrs. McNeil and St. Claire how ever secured the property for its assay values and the discovery of the emer. aid green gold was later and a pleas ant discovery. The company which they and their associates formed owns fourteen claims lying within 1000 feet of the Two Queens property in Pinal county and north and west of the Two Queens group. Four of the claims on one side of the mountain are believed to be especially rich in gold and ten on the other side of the mountain are held mainly for their promise of cop per values. The property was secured last year and is developed only by 70 foot shaft and 40 foot tunnel. A small force of men will be put at work this week and it Is confidently expect ed that a good supply of green gold will be secured with eaifficient lefel- opnent
 The value of this particular gold product was made known to Messrs. St Claire and McNeil by John Kava- naugh of Troy who in the conduct of mercantile establishment there bought more or less of it from the former owners of the property who re- duced the ore by some slow and sim pie process for there is no important mechanical equipment on the ground. Mir. Kavanaugh sent the gold to Ed win Washburn a New York manufac- turing jeweler in considerable quan- tity. and had made for himself hand some ring with a diamond setting. Since then MT Washburn has been unceasing in bis efforts to secure more of this gold and MT. Kavanaugh re- ferred him to the Phoenix men who ndO DOuBuI lHt IHtS HdNc received a similar communication from Mir. Washburn and that they might not be in the dark they have secured temporarily, tfe ring in question and a small bar of the gold. When placed beside an ordinary gold ring the hue is of a decidedly greenish tint.
 Recently also MT. St. Claire has come into possession of information that makes him think even better than ever of the property. It is an old In- dian story of course, such as arc re- lated of many old mines in Arizona but 1t seems to be pretty well established. There is a. gold gulch. so-called, cross ing one of the claims and it is a com- mon story in Pfnal county that the In- dians of a generation ago used to have placer diggings in that immediate vii cinity and took their nuggets to old Fort Grant to sell them to the soldiers. One pioneer merchant of Dudleyville says it has been estimated that the Indians took out about s30.000 at one time and another, altogether and it is supposed their workings were in that gulch. No trace of any old workings was ever discovered until recently