The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-11-23
ARIZONA COPPERS;;
RAY AND CHINO
Observation-Disclosures Prep
arationS to Develop Vast
Ore Bodies.

Speaking of the growth and develop
ment OF the Ray Consolidated copper
mines. President Sherwood Aldrich, who
has Just returned from a three weeks
inspection trip 10 Ray and other low
grade producers, says.
Il think ] can conserVatively say
that Ray Consolidated is the second
largest proved copper property In
either the North American OF South
American continents, and is perhap s
the second largest In the world. With
the drilling 10 date limited To but q
portion OF the area which most careful
geological reports have indicated as
probably ore bearing, there mas been
proved so ,000,0 tons OF ore. The
magnitude OF the mine as wen as the
magnitude OF the operations OF the
company is perhaps best indicated by
the fact that in February, 1907. when
We bought the property from the re-
ceiVers OF the defunct English COM
nany which had owned tt, there was
bur 100000 tons OF proved ore and only
about 50 persons in the whole Ray
10 ming district
In addition 10 the development Of
an enormous tonnage, We have in this
period OF three years ana nine months
built and equipped a standard gauge
railroad. six miles in length, extending
from the mines 70 the junction with
the Phoenix q Eastern. we have built
a spur three miles long from Hayden
Junction on the Arizona & Eastern TO
the mill at Hayden; have well along
towards completion hosting plant on
our No. j shaft which viii handle from
8 900 TO 5000 tons daily; have placed
1O0, GOO tons OF ore in one stock pile.
built machine shops ana carpenter
shops. warehouses, etc, at the mines
and at Hayden have an S,O0O-tOn con-
centratOr and Z .50O-hOrsepOwer cleo
trio plant SO Tar along towards com
pletiOn that We VIII start the first
mill unit or goo tons daily capacity
and the first power plant unit IN OPP
Grafton early in February. March win
see two more units with 1,000-tOn ca
paelty each and the necessary electric
power in operation, and these viii be
followed by frequent further additions
during the remainder OF the year
'As a further illustration or the size
OF Rays operations l might state that
by January i. 1911, We viii have spent
about $4,000. 600 in this development
and that by the time all is completed
the expenditures viii total between 81
500. 900 and $4,000. 900
These Outlays, however, are small
when compared with the 100000 600
OF profits in sight i'm the proved ore
bodies, profits which are based on our
carefully estimated production and the
present selling price of copper metal"
The Chino report for October shows
an increase of l.293,03S tons OF fully
developed ore, and 433 rs tons OF par
tally developed ore. a total Increase
OF I726,4S3 tons.
This is rather a larger increase than
had been expected as several or the
scout holes, that IS, they were so
Tar from the developed ore body that
they could not be considered at all in
estimating the tonnage.
The increase was mostly in Hearst
Air ShafI-CarascO section, and the new
holes on which this increas Sc was base0
were in unusually rich ground. so that
the Increase raised the grade of the
whole ore body from 2-5S per cent 10
200 per cent
The company has now a total of 30
s. l,e2l tons OF ore. averaslng zoo per
chino has drilled 364 holes. with
total foctage Of over 10000 feet.
Nevada Consolidated.
a a special meeting of Nevada Con
sOlIdated directors 8 W. Eccles was
Phillips. jr- ana d c. Jackling was
elected vice president.
Executive committee now consists or
=. ". EcCles, Murray Guggeuheim. e.
NJ. MaoNenl, Charles Hayden and 5. X.
Guggenheim.
New York-At special meeting
Daniel Guggenheim was elected chair
man Of the board of the Nevada North
ern Railway company :. W Eccles
was elected president. and ID. Q. Jack
ling, vice president.-Boston News Blu
reau.
Inspiration.
Thompson, TOWle Co. say of In
spiration-
The ore reserves at the Inspiration
property, as of November 1, 1910.
amounted 20 13,616OO0 tons assaying
over per cent copper. an increase OF
more than g. 500, 600 over the October
] estimate. These figures do not in
clude the partially developed and in
dicated reserves OF which there is
very large tonnage.
"rhree drills are now in operation
at the property adding new tonnage
10 the partially developed reserves,
while the underground workings are
being advanced rapidly in further
blocking out or the ore bodies, con-
Meeting up the drill holes and chang
ing the partially developed tonnage in
TO developed. During the month OF
October 324T feet OF drilling and more
than 1000 feet Of underground work
WAS completed.
Developments TO the westward are
the most important since the opening
up OF the ore in the vicinity or the
Joe Bush shaft. This new ore is much
higher than the average grade Of the
reserves
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