Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-10-13
MINING NEWS OF THE
VARIOUS PROPERTIES IN
GRANT COUNTY DISTRICT

The Golden Giant Mining company
has Just made a lease il its properties
at Pinos Altos, the principal mines
being the Golden Giant and Nam
moth. to Oklahoma City capitalists, A.
T.. Crane, William II. Croslen and
Richard II. Towne. and the lessees OK
pect to begin active operation of the
| properties not later than October IS.
These mines are among the noted
past producers OF the Pinos Altos
camp. The ten-stamp min on the
Mammoth Will he overhauled and
repaired and put into operation, treat
ing custom ores until such time as the
Mammoth is cleared and ore is fur
nished from il for the mill. This prop
erty is owned by Oklahoma City peo-
pie and Alvan n. White Of Silver City,
and the owners have given the lessees
on option 10 purchase the property
within one year from date of lease.
The starting of the Mammoth mill
viii cause a number Of small mine
owners of the district to begin extract
ing ore for the custom work OF the
mill. This district promises TO again
become quite active and as it lies only
nine miles to the north Of Silver City.
operation means quite a good deaf
to the local people and business in
terests.
The Young property. situated near
the famous Deep Down mine, 60 the
east OF the town Of Pinos Altos. is now
being carefully inspected and sampled
10y Mining Engineer Peterson of Los
Angeles. Cal, who represents an aggrc-
cation OF capitalists of that city who
are interesting themselves in Pinos
Altos properties. Recent samples run
S22 gold. 81 silver, Z Ia per cen lead.
with about IL 10 Is per cent zinc, 1t
seems that the greatest interest in this
camp AZ this time IS because Of the
zinc the ores carry. Instead of the I
former penalties to be paid for the
excess zinc. today ores running Z per /
cent zinc. or better, are desirable.
Much OF the ore of the camp runs as
high as 40 per cent zinc. Particularly
is this true of the properties on the
west side Of the district.
StcepIe Rock
Steve Corley returned last saturday
from the Steeple Rock mining district,
he has been for some weeks do
ing the assessment work on his, group
claims, says a Silver City paper.
reports considerable activity, n
says the mining interests Of the dis
trict are in good shape. His own prop
arty continues to show up Well. The
Peaks Mining company is prose
work o. its properties. about
miles from Steepie Rock. and al
50 on It's group Of claims near Pine
.ienega. At the latter group OF
situate upon a former ranch.
good collaborating rock was discovered
some years ago by Leonard Smith
rhe Twin Peaks Mining AID Milling
company has a shaft down IS feet at
Is principal workings on this group.
the ore is growing better as depth
> obtained. ". G.. Marshall. the
superintendent OF this company. has
'ecently returned from the east. stop
hing over at FL Paso upon his return
asst week. 10 purchase quite a lot Of
machinery. The work OF
developing the company's properties In
his district Will continue and ia future
viii be upon a larger scale than here
ofore. AIR. CoTlcy has always had
srcat faith in tie steepie Rock dis
riot and believes more firmly now {
han over that Tho district has "a won =
.erful future.