El Paso herald. (El Paso, Tex.) 1901-1931, 1910-07-18
MINING AND OIL NEWS.
OIL
SYNDICATE CONSOuDATES VALUABLE
bURRO MOUNTAIN DISTRICT MINES
Property Comprises 5000
Acres. w. Bible in the
Deal.

Silver City. y. NJ, July 1S.-t is now
known that ]. W. Bible, Of Grant coun-
", has perfected one of the largest con-
solicitations of copper-bearing ground in
the Burro mountain mining district.
The work of this consolidation has been
going on for several months and during
this time the attorneys and mining men
have been quite actively employed in
acquiring options from the numerous
owners scattered over the country. It
is learned fro!-i q reliable source that
all gaps have been closed and the
largest block of So-called porphyry-
copper ground situated in this district
has been leased and bonded to Mr.. BIZ
BILE, who, it is believed, represents q
large copper syndicate.
Through the instrumentality OF Mr..
Bible the General Electric company be-
came interested some six years ago in
the Fierro, Hanover and Santa Rita dis
tricts and later purchased the large
mining interests now owned and Oper-
ated by the Hermosa Copper company.
IT was also through him that the Chino
Copper company learned of the large
deposits and value of the ore of the
Santa Rita district.
Three Miles of Copper.
The group which has been CONSOLE
dated is so located as TO cover practic-
ally the entire width of the belt of tho
so-called pOrphyry-copper zone, the to-
tai length of the mineralized area along
the strike, which is north and south,
being approximately three and One-half
miles in length, and will average some
thing over one mile in width. The boun-
dairy line on the north adjoins the Sa-
wanna, Mangas and Burro Mountain
Copper companies. while the south
boundary line adjoins the Azure Min
ing company and Tulloch group Of
mines.
The ore occurs as chalcocite dissem-
mated through the porphyry. The
leached zone varies from so TO 225 feet.
This grades suddenly into the second
airy ores, which. according to the best
Information obtained, viii average about
4 per cent copper and extends in depth
from $50 TO 500 feet, as demonstrated
by the various copper mining compa-
MES now operating in this district, both
on the nor and south ends Of this
porphyry copper belt. and by the nu-
merous shafts and drill holes and miles
of underground work
Located Near Whitewater.
The property comprises about 5000
acres of mining ground ard is situated
in the Burro mountain mining district
about u miles from Whitewater, a sta
ton on the Santa Fe railroad, TO which
point the broadgage railroad is now
building from the Burro mountain dis
trict.
1t is important TO note that the limits /
Of the ore zone in this district, so far
as demonstrated, exceed in total area
Of commercial ore any of the copper
pOrphyry properties known of at this /;
time in the southwest.
Mining men familiar with the cOndi- !
lions existing on the group of claims !
Mr. Bible has consolidated, are of the |
opinion that the property with its large |
amount of well located virgin territory,
Oy the use of drills, can be proved up at |
1 very small cost and by carrying on |
the drill work in a systematic manner, |
putting down holes 200 feet apart, that (
millions of tons of commercial ore can I
De practically called blocked out month /
y
Secret Combine.
The negotiations for the options on /
his large body of mineral land have
been conducted quietly and secretly, and !
L is not yet known what the syndicate
s that is contemplating the purchase
of this large proposition, and when ap-
on the subject Mr.. Bible stated
le had nothing to give out for publica-
ion.