Los Angeles herald., 1908-10-19
RICH MEXICAN
GROUP IS SOLD
LOS ANGELES MEN BUY AT
TEPlC
$4,000 FEET OF WORK ALREADY
ACCOMPLISHED
Mines Are Among Richest in Ahua-
catlan District and Have Been
Profitably Worked for
Many Years

MEXICO CITY, Oct. 1S.-An import
ant mining deal in the Ahuacatlan
district of Tepic, was recently closed
by which M. P. Wright and associates
of Los Angeles acquired the Certuche-
ma Anexas group of gold mines.
This group is one of the riches OF
the entire district and has been worked
at a profit for many years. While the
operation of the mines has been car
ried on in small way, over $1,000 feet
of work has already been done on
the property and this has uncovered
large quantities of good milling ore,
vast quantities of which have been
blocked out and made ready for stop
ing.
From estimates on the present de-
velopment the property has a life Of
over eleven years and should be pro-
longed indefinitely, as no account has
been taken of the bodies of ore exist
ing below the lower levels.
The mines as now developed need
no timbering except at the entrance,
and the only timbers necessary to be
used are the stalls for stopping, sill
floors for new levels and for con-
structing ore pockets. This timber is to
be found convenient to the mine in a
species of mahogany which is prac-
tically everlasting.
Highly Minerallzed
The country around is highly min
eralized and altogether the deal just
completed constitutes one of the most
important ones of this district and the
development work, which is to be
pushed, and the improvements to be
added will make the property very
valuable one.
There is a six-stamp prospect mill
on the property at the present time and
90, ,r-A ION
of fifteen stamps.
The entire development work on the
property has been paid by this pros
pect mill and with the additional
stamps a much better showing can be
made. A plant handling 1900 tons
year would pay according to the test
mill run over 80 per cent on capital
of nearly 100000.
Before taking over the group of
mines Wright sent his engineers into
the field and a thorough examination
of the entire district was made and
the mines properly and thoroughly
sampled and a test mill run made
which extended over period of three
months. The results of the eXamina-
tion test run proved exceedingly sat
isfactory.
The mine has an ideal location. There
is an available water power within five
crate 1000 horse power.
To Install New Machinery
1t is the intention of the new own
ers of this property to install new and
modern machinery for the economic
operation of the mines. The new mill
will be located at the mine and an
electric power plant installed on the
river five miles distant. The electric
plant alone will result in a saving to
the new owners of SO a ton in freight
charges, as the old mill was located
on the river and run by water.
The two main mines of the group
will be connected by a tunnel 100 feet
long on the main vein which will in
sure them a daily output of 100 tons.
The group Of mines taken over by
Wright and his associates is located
in the heart of rich and highly min
eralized region, which hitherto has
been little exploited on account of it's
linaccessibility. The Southern Pacific,
however, will pass through this district
and the mines are assured of adequate
and reasonable transportation facili-
ties. They will then be able to get
their supplies in cheaply and have an
outlet for their cres and concentrates.
The Certuchena y AneXas group is
situated five miles from the Southern
Pacific and will have advantages which
the old company operating this group
did not possess.
Miners are fiocking to the region and
taking up all available properties.