Los Angeles herald., 1909-10-28
HAYNES COPPER
GETS SULPHIOES
ON 700 TT. LEVEL
DRIFT ENTERS INTERESTING
TERRITORY
Company Has Located Two Bodies OF
Paw Ore on This Level by
Boring with Diamond
Drills

DEVELOPMENT work on the 700 level
of the Haynes Copper company mas
carried one of the drifts into mineral
ized ground, and may at any time
enter an ore body that will assure the
future of the mine. The drltt' WIlCu
is headed directly for a diamond drlll
hole that encountered pay ore at TINS
depth is 165 feet from the shaIt' anu
with more than 100 feet to run peIore
reaching the copper bearing contact
between the schist and quartz-porphy-
nv THE drift has passed out of the
iasper and diorite, and On the "a Where
the foreman made his last report, the
face was in iron and copper suIphldes
which he says may be classed as low
grade ore body.
The final success Of the Haynes COP
per company has never been IN doupI
in the opinion of the men to whom mas
been intrusted the work OF locallhs
the ore bodies The group, which con-
tatns eight claims, has long been looked
upon as a sure winner with the right
mana nagement, because Of the fact that
IL lies on the same ledge as the Unlted
Verde. which 1t adioins, and in dlrecI
line of the strike of the big ore chan-
mel which has been worked by thae
company to within a short distance OF
the dividing line.
line extent anu value VI AAAN 49,
Verde ore bodies are known to all the
world where mining is followed and 1t
Is pronounced the richest copper mine
known, the gold and silver products IN
themselves paying all cost OF mining
and smelling. The mine is situated at
Jerome, or probably it would souhq
better to say that Jerome is situated
at the United Verde mine, and the ore
shoots occur in the form of irregular
o1 tho hic SNhiCr- nor
phyrv ledge. The mine is owned. prin-
cipally, by former Senator William A.
Clark, and it is rapidly making him one
of the richest men in the world.
The Haryhousen group of the Haynes
Copper company was purchased four
years ago by Lloyd c. Haynes after a
careful examination and extensive
prospecting with diamond drills, with
which holes were drilled to a depth OF
500 feet. While the value of the ore
disclosed in these holes has never been
disclosed, it was sufficient to demon
strate the worth of the ground, for
which 100000 was paid. The Haynes
Copper company, formed for the pur-
pose of putting the mine on produc-
ing basis, has sunk a two and one-half
compartment shaft to a depth of 665
feet, timbered, with a 20-foot sump,
eduipping the big bore with powerful
double drum hoist capable of pulling
ore from a depth of 1000 feet The shaft
cut a "panel'' of schist and passed
through a bunch of sulphide ore which
carried 142 per cent copper, S4.75 gold
and s2.05 silver, just before reaching
the 400-foot mark; but T. E. Campbell,
the consulting engineer, considered that
the ore occurred too near the surface
to be of commercial Importance, and as
yet no lateral work has been done above
the 700 level.
No. drift, from the same level, is
driving ahead with three shifts and
machine drills to a point on the foot
wall reached by No. drill hole, which
good grade The two points are some
distance apart and may open up a con-
tinuous shoot of ore such as contains
thousands of tons in the United Verde.
In both drifts there is a considerable
flow Of copper impregnated water, in
itself a favorable indication of the prox-
Unity of body of copper ore.
The Haynes Copper company is cap
italized for S2,000000, par value 81 a
Share, with no promotion stock and
about one-half of the capital stock in
the treasury. The property and equip
ment of the company are entirely free
from debt.
The United Verde railroad, from Je-
rome Junction to Jerome, runs over the
Haynes Copper company's domain, and
the Haynes has it's own spur for un-
loading freight. The plans of the COM
pany include the installation of a
smelling plant whenever the ore re-
serves of the mine warrant 1t.