El Paso herald. (El Paso, Tex.) 1901-1931, 1910-02-05
RAY CONSOLIDATED
COPPER COMPANY
IN ARIZONA
New York Brokers Make a
Report on Property and
the Output.


Copper company. of Kelvin, Arizona:
Officers: Sherwood Aldrich. presi-
dent; D. c. lacking. vice president and
| general manager; Z. P. Shove, secre-
| tary and treasurer. Directors: Sher-
wood Aldrich, D. c. lacking, E. P
Shave, A. Chester Beatty, C. A. Mac
NeiI, Seeley W. Mudd, Spencer Pen
rose Charles Hayden. Executive COM
| mittee: D. c. Jackling. chairman; A
Chester Beatty, Seely w. Mudd.
The authorized and issued capital is
bonds, which have not yet been con-
SIC, oOO, 900 in 10000 snares. part So
The few bonds, which have not yet been
converted and are still outstanding are
included in the above capitalization.
The cash on hand is approximately
$4,000, 900.
Location and Area.
The Ray Consolidated Copper COM
panys property may be classed as one
of the largest of the low grade So
called porphyry copper mines in the
United States. Although the property
is not producing. it has long since
passed out of the prospective stage and
has at the present time more than
10000, 600 tons of ore in the developed
| reserves.
The property. which comprises about
1000 acres of mining ground. is stu
ated at Ray, Arizona. The mine is con-
nected with the town of Kelvin, a sta
ton on the Southern Pacific R. r. by
the company's broad gage railway, six
miles in length.
Geology.
The ground of the Ray Consolidated
is so located as to cover practically the
entire width of belt of altered schist
and granite porphyry. The total length
of the mineralized area along It's strike
is approximately 215 miles, and at its
western boundary. which adjoins the
ella Copper Co., il is over a mile In
width. The ore occurs as chalcocite
finally disseminated or in seams inter-
lacing through the schist- The leached
zone varies from 20 to 400 feet deep and
averages PAP feet. This grades sud
denly into the secondary ores which
average 2.25 percent copper and ex-
tend to an average depth of 113 feet.
Mine.
Development: The present company
began active development about two
and a half years ago and since that
time the workings have been greatly
extended shafts sunk and q vigorous
drilling campaign inaugurated which
has resulted in developing enormo US
ore reserves.
1t has been decided by the manage
ment to equip the property for daily
production Of 5000 tons, and a large
amount Of construction is now being
done.
main accompaniment working
shaft has been sunk and is being
equipped with electric hoists capable
Of handling 5000 tons in 16 hours.
This shaft is to be used solely for the
hosting Of ore, an inclined shaft on an
easy grade having been driven for the
purpose Of handling men and sup
plies.
On coming from the mine the ore
Will be crushed and stored in 10000
ton steel bins, now under construc-
ton, and then dumped directly into
broad gage cars for transportation 40
the mill.
The ore bodies. which are not adapt
able to steam shovel mining owing TO
the thickness of the overburden, will
be worked underground by the top slice
caving method.
Drilling: The Ray Consolidated prop
erty has a large amount of well located
virgin territory. Eight drills are now
IN operation at the mine further prov
ing up the known ore bodies and pros
pecting The new ground. BY this drill
ing and the underground method OF
development two or three million IONS
of ore are added to the reserves month |
". The drilling is carried on in a .aost
systematic manner, the holes being pu- |
down 200 feet apart It is importan.
in connection with this method 10 know
that raises from the underground
workings have been driven along the
drill holes and actual samples taken
mr. hor nj,
with great accuracy
ore Resesrves: The total amount of |
ore in reserve December /. 1909 |
amounted to 41.5O2,S71 tons. averaging /
2.25 percent copper, of, which the fol- |
lowing is a summary:
Total acres-1O5
Total tons-41, 502,S71
Average percent copper-225
Average thickness of the ore-113.5
feet
Average thickness of the cappine
242 feet
1t is important to note that the Inn
its of the ore have not yet been de-
termined in any of the groups and thar
the total area of commercial ore is
being continually increased. In adds:
ton 10 the 4l,oO2,SI1 tons of developel |
ore there is a large tonnage of nroh1
de
by the management
During the past six months dove,
opment work has been confined MI
cipally to changing the proba he -
into actual tonnage in sight. For ex
ample: In the early summer tt,ars
were some 20 million tons of deva1ona<I
ore and Is million tons of nrohap,.
ore. This latter tonnage has now -
sufficiently opened up to be classed o.
fully developed ore.
Equipment
Concentration: The present n,,,,,,
equipment consists of a 200 ton nIaa9
located at Kelvin on the banks of 49,
ella river. AS this plant Is inspric,a,t
to handle the desired tonnage i 49,
been decided to erect a new staa1 80
centrator with an initial canacitv Of z
5000 tons per day and to add 49,
units as the development of ore ~
,eeds. The new mill will be locatad
On the ella river at Wfnkleman ~
miles from Kelvin, which is on +ba
main line of the Southern Pacific win,
which the company, the Ray Conso;t-
lated, has low freight rate. II is
stated that ha Of