Arizona republican., 1910-09-04
DEVELOPING NEW ORE
 IN OLD PRODUCERS
Swastika Company Takes Hold of
 Black Warrior and Silver Prince Mines.

on the first day of September a new
 20-horsepoWer gasoline hoist was
 placed in operation on the property
 of the Swastika Mining company. in
 Yavapai county. The Swastika com
 pany owns the old Black Warrior and
 Silver Prince mines, which produced
 hundreds of thousands of dollars
 worth of silver in the early days of
 Arizona. The five members of the
 company believe that they have one
 of the most valuable properties in
 Arizona. Already much valuable sil-
 yer ore is on the dump. There are
 indications that copper in paying
 quantities will be discovered lower
 down.
 The superintendent of the property and principal promoter of the Swas-
 tila company is F. W. Wood. one of
 the best known mining men of north ern Arizona. MT. Wood has been min
 ing in California, Arizona and Nevada number of years. Seven years ago
 he came to Yavapai county, and ever since has been prominently identified with the mineral development of the
 Bradshaw mountains. He is the man who took charge of the affairs of the Treadwell Mining company, and strengthened them out.
 After he had wound up the business of the Treadwell concern, Mir. Wood began to look around for a good mine to develop. He inspected scores of prospects, but the Black Warrior and Silver Prince looked better to him than anything he was able to find Negotiations were opened with the owners of the two old mines as well as with the people who owned the Hardscrabble and the Isis, two ad- joining claims.
 MT. Wood interested Frank Wright of Prescott in these claims He also induced three eastern friends to go in with him on the deal. The five then formed the Swastika Mining company. close corporation. They preferred to use their own money rather than to sell stock. The Silver Prince, Black Warrior, Hardscrabble and Isis were then purchased
 It was two years ago that MT Wood started to organize the company. The sum of $5O.OOO was raised for develop ment purposes and five months ago etNAlNt NpI h Was bfS
 It had been MT. Woods experience that too many mining men were prone to spend the money of their stock holders without caring particularly how they spent it. He determined that his own money and that of his partners should be made to count for Economy and utility have been his aims in arranging the Swas- tika camp. The result is that he has the prettiest, cl'anest little camp in the territory. with but a minimum of There are five or six containing twenty rooms, and all they cost was $500. This is really remarkable, when the remote ness of the camp from sources of sup plies is taken into consideration.
 The Swastika group is located about eight miles north of Crown King. less than half a mile south of the famous old Peck mine and less than a mile west of the Peck siding. on the Brad shaw Mountain railroad MT. Wood has built a fine road from the siding up to the mine This road is the best in that section, but cost comparatively little
 This district is probably richer m silver than any in this territory It is estimated that not less than S4. 4.000, 900 worth of the white metal was taken out of the Peck away back in the early sos. According to bank state ments secured by Mir. Wood, the Black Warrior and Silver Prince have produced about sSOO,0O0 The War riOr was worked about thirty years ago and the Prince about eighteen years back.
 At that time mining methods were crude, and water caused the original owners to cease work, though they knew they had by no means exhausted the ore Water was 140 feet below the sur face, but when Mir. Wood took hold he found that it had sunk twenty five feet lower. The deepest of the old workings were therefore only 40 feet. A tunnel had been run into the side of the mountain on the Prince md the ore above stopped out One If these old stopes is now being used as a working shaft. The hoist was placed at the stope's mouth.
 All arrangements have been made to take care of the water when it is A torpedo bucket, op- erated by the hoist, will do the work |
 Before ordering new machinery Mir Wood had all the necessary prelimi- nary work done. It is his intention, now that sinking has been begun, to leep right on until he knows just what he has. Though he has some ore on the dump. he does not intend to do any shipping until | he has an immense amount blocked put
 The records show that ore running rom 1000 to 5000 ounces in silver to | he ton have been taken from the l Black Warrior and Silver Prince Mir. | Wood is not counting on finding any such rich ore as that. What he | hopes to obtain is a large body of | good, paying ore. He will handle his | Dwn rock in his reduction plant at | Mayer, which he erected several years | igo.
 Rock that has been taken from the | and stopes since the Swas- | ika company took hold runs high in | silver and also carries some gold | Now and then traces of native cop | per and copper stain are discovered | are that at a lower depth | 'ulphide ore in paying quantities will | )e uncovered.
 About ten men are now employed |