Weekly Arizona journal-miner., 1908-05-20
BIG BODY or $500 ORE
 IN VERDE DISTRICT
lErum Thnr.dny'. DnlIvl

Copper Company. and Joe Larsen, pre- ilcnt of the oI,ston Jerome Copper 1 Company, who report that a body "i ore of remarkable richness was recent I ly tapped by diamond drill on thf properties of the Sycamore Mining ana Development Company, twelve miles north of Jerome. They report having several specimens of the core of the drill. which fairly glitter with free gold. bcsidcs varying values in silver and copper
 The ore was found at depth of ijo
 feet and the drill has been pushed down to the 800 foot mark, the core still showing that the bore is in tho ledge. One sample of few feet passed through gave returns of s51n to the ton. Specimens of the ore will assay thousands of dollars to the ton. The company is composed of Fort Worth, Texas, capitalists, and the man. agcment has now under consideration the sinking of deep working shaft as soon as arrangements can bc made to commence the work. There IS already
 a working shaft sunk to depth of over 200 feet on the ground, in which
 work was suspended some time ago. the gases and foul air encountered pro. ducinp one or more fatalities among
 the miners employed in sinking. The
 claim in whicn the new find was en-
 countered k located in schist belt
 immediately east of the Verde rivct,
 from which the lime cappng, common
 to that immediate section, has crodcd.
 Miners and mining engineers, familiar
 with the ground. are unanimous in tho
 opinion that one of the greatest mines
 in the entire Verde district will be dc.
 vclopcd there.
 From Mir. Scots and Mir. Larsen x conversations. both of whom are famil
 far with mining and financial condi-
 tIons of Jerome and the Verde district,
 it is apparent that they believe tha' the eastern part of the county is en- toying prosperity unprecedented in
 its history. Development operations are being vigorously prosecuted on scv- eral properties amply financed for deep mining operations.
 "Thc new shaft on the Verde Grandc Copper Company's properties is now
 down G9O feet Mir. Scott said, "and sinking is temporarily suspended to cut pumping station and large reservoir where . new pumping plant will be in ? stalled All of the water in the min" ' above this point will he run into the reservoir and pumped to the surface. AS soon as the station is finished and , the new pump in working order, sink ing will he resumed and the shaft pushed down to the 1000 foot level ? from where cross cuts will be run to , tap large lodges which crop on the sur face. The shaft has already passed ' through two promising pay strcaks ot
 ore but no time has been lost in devcl.
 oping these as it has been the compa-
 ny's intention from the start to get at least l,0o0 feet in depth before any
 large expenditures are made in lateral
 workings. The company's holding, comprise ten claims. adjoining the United Verde Copper Company's groun on shelter hill immediately south ni the United Verde smclters.
 Corporations are being pushed in the Copper Company on the IIarryhauscu
 group. immediately northwest of tlc . United Verde mines. The shaft is 20O feet deep. \ station is being cut at the bottom and the work is being
 rushed with three shifts. This compa. ny's ground has been proved very pro
 missing by the diamond drill method before work sinking the shaft was
 started.
 "in tnc Little Daisy mine, one of the ' United Verde Extension group, the shaft is down SEQ feet. \ station is
 being cut at the 500 foot level from which cross cuts will he run. The bottom of the shaft is in siicious
 rock, highly mineralized.
 : "An eight drill air compressor, two
 boilers and n large hoistng and pump
 ing plant were recently purchased by
 the Jerome Verde Copper Company, to be installed on it's holdings immediately east of the town of Jerome, The worl-
 of getting the machinery in place will be rusncd as soon as delivered. The management of this concern has given out that 1t is financed for large opera. tions and that it is the intention to explore its holdings to deeper than cv. CT before contemplated.
 "Much energy is being also display. ed in the opening of the properties of