Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1908-09-02
WASHOUT DECIDES
TRANSFER Of
ETA MINE
Property To Be Worked
BY Syndicate On
Big Scale
From Saturday. Daily,

What appears 10 be the most impor>
tant mining deal Of the last two weeks
was the transfer yesterday Of the bond
on the Eta mine by A. J. Doran and
his associates TO the New York syndi.
cate represented by u. II. Keays aa1
Richard j. Lynca. Negotiations have
been under way several days for the
transfer Of the bond. The matter was
kept from the public but A. J. Doran
and George Merwin, who disposed oe
their interests with John 4. Ross and
George Tisdale confirmed the report
yesterday that the Keays and LyacA
had taken over the property yesterday
and would start active operations at
once.
Doran and his associates were con.
PEELED to cease operations in the Eta
mine after the recent cloudburst ct
the head Of the canyon which crosses
the property. The waterfowl through
the canyon ut that time reached 10 .
height Of twenty-five feet on the sides
Of the mountains and carried away all
their mining timbers, several hundred
cord u frewood, and ore buckets, be-
sides wiping out Of existence the dump
at the mouth Of the tunnel and shaft
which contained large amount OF ore
Of fair grade. The eordwood timbers
and ore buckets were carried down q
distance of four miles, almost TO the
Verde river, all being a total loss. Tho
iron ore buckets were broken beyond
repair and the timbers and cordwooa
are total loss.
IIcsitating to finance the mine n sec.
ond time for large operations after
such hard luck they decided to accept
the Aattering offer made by Keays and
Lynch and retired from the bond with.
out losing on the transaction, taking
into consideration their great loss in
the washout.
The Eta mine, a patented property,
Black Hills range, Ave miles west Of
the Verde river and fifteen miles south
Of the United Verde mine Mt jerome.
Ii is among the oldest locations in the
district. It's record in gold productions
is over 100000, although uneIplored
below the $50 foot level.
1t is opened by one shaft $50 feet
deep, tunnel 500 feet long. connect
ing with the $50 foot shaft and work.
ing shaft located across the canyon
from the mouth Of the tunnel, 1915 feet
deep. Only tae richest Of the product
was stopped from the mine, so that there
is large tonnage Of ore Of good mill
ing grade blocked out in sight.
Keays and Lynch will commence re-
building the road into camp destroyed
a distance Of almost two miles by the
recent terrific storm. This work IL pre-.
liminary to the equipment Of the prop
erty with heavier hosting machinery
and the sinking Of the shaft, work on
which IL is proposed to resume an soon
as possible with three cight-hour shifts.
The general plan of operations also
contemplates the erection OF new
camp house, as well as other important
improvements found in modern mining
camps.
Kcays and Lynch are in charge Of
operations on the Emporia mine, seven
miles south of this city. The remark
able progress made there since they
started developments a few monta,
ago is the subject of favorable com
ment in mining circles. They will on
deayor 10 eclipse the record made Al
the Emporia in the equipment and de
7 velopment of the Eta.