Bisbee daily review., 1910-02-13
SOLID FACTS IF
 MUCH INTEREST ABOUT THE C.8A.
Ore Finds Following in Rapid Succession Have Been Re- corded to the Surprise ot Even the Experts,
CHoughton GazetteD

(HOughton Gazette.l
 ''It is a matter of history that from the time work was first begun on the properties of the Calumet and Arizona at Bisbee. it was claimed by certain people that there was no merit to the proposition. no possibility of making a mine and that if ore deposits were found the life Of the company would be short" said a director Of the com pany 10 a Gazette representative. Con t,nuing. he said The theory upon which the Bisbee deposits had been worked until very recently. was that the deposits were shallow and no val ues would be found at depth.
 At the time of development Of the property Of Calumet and Arizona Min ing company in 1899 and sufficient ore was opened up by the original company organized to develop the properties within fifteen months to justify the organization of the Calu-
 met and Arizona Mining company, with a capitalization issue of two mil lion dollars paid in and it was con sidered of sufficient merit by the peo- pie to place a valuation Of five mil. lion dollars on the stock Of the com rany within ten days from the oare of the organization of the company in spite of the croakess. Although Cal
 umet alld Arizona has only about
 s350. .0oo in cash after paying for the property and although it would n' short-liyed on account Of the smai 1 acreage and supposed nature of ths deposits, it has spent two million dol liars in construction. paid nearly elev
 en million dollars in dividends ant has over three and 9 half million sur plus fund. in addition to which, prob
 ably in excess of one million dollar has been spent on the developmen
 Of other properties that have beel considerable valuable prospects am
 worthy of development
 Tt is again said by those, who hav never seen the property and are 1T
 capable of forming any correct opin
 ion, that the mine cannot last and i 5 near the end
 Within the last three or four year. ' however. the theory of the Bisbe ! deposits has been gradually changin ; to conform with the facts as develoDe ' in the various parts of the camp an 3 leven within the past six months, d ] velopments in that district have bee t such as to again cause a change 6 the opinion of those who know mos s about the camp.
 s The development of commerci; ? ore by the Copper Queen company ,- the porphyry has given hope that y will be found in stin greater Qusni $ ties in that formation where it W; q supposed. until this discovery, thu e the ore could not exist. The fac e however, has been that the ores ,. the Bisbee district are persistent. h might refer particularly to one stoI e in the Copper Queen property. whic e ten years ago, the manager elaine F. would be exhausted in sixty day B. which is still producing ore and h; d paid the company millions of dolla d as well as to the experience of Ca
 umet and Arizona which has foul 2 ere where, the experts several yea le ago declared, it did not exist. ir If you will refer to the annual l le port of the Calumet and Arizona MI a ing company for tho year 1906, y g will find that tse manager states tn IT, more ore was de-s.g sed in the pro fy erty both in the Irish Mag ciai ry and in the Senator claims than W .e extracted
 to The report of 1907 states. tn
 new high grade ore was found soul az east of the Irish Mag shaft assuri e stoping ground from the $50 to 10 i'll foot levels and extending the kno' On limits of the ore northeast of { w shaft that the explorations from [ be Oliver shaft had developed oxide a of lsulphide bodies from the 950 to {
 1250 foot levels. but that the most i
 iportant discovery of the year was
 the sulphide ore on the 1150 and T. m- ,fcot levels, where they cut four n ay bodies of high grade suiphide ( to and long stretches of low grade ( ss below the oxide zone. The reps
 further continues, We consider fiji rel fng ore of this nature and it's ext. or sive occurrence on the lower levt S. as of the most vital importance tiIl assuring the permanency of the mi ie. and it can be distinctively regarded en one of the most noteworthy steps ng the development of the camp as
 whole. Further, the development