Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1910-05-04
OLD DOMINION IS
MAKING GOOD
SHOWING
President Of Company
Pleased With lnspec-
ton Made
Reviews Work on Big
property in Globe
District

President &. 4. Smith has returned
from q visit to the Old Doninios
mine, which be inspected in company
with Prof. Douglas, and reports that
never before has be seen the prop
erty looking % well, says the Boston
News Bureau.
Mr.. Smith says: 1.-THE manner il
which We are opening up high grade
ores in both the east and west ends
Of our developed property is eseour-
aging in the highest degree. On the
18th level west we are opening M a.
enormous body Of 10 per cent ore.
We have found the mineralized ore
zone q, this point to extend 300 feet
south Of the drift, and $50 feet sorth,
while we have not yet reached lite
lateral limits.
con the 18th level, 100 feet below,
we have just cut some Of the most
beautiful ore I have ever seen In the
property, and indications point TO .
very large quantity Of IL. This ore
in the western portion Of the prop
erty is a self fluxing ore carrying ~
excess Of lime and iron, and raus
through the smelter like grease.
son the east end, or in the United
Globe portion Of our property, We are
getting larger and better ore bodies
every month. Here We have sulphids
ores carrying considerable silica, but
the copper contents average probably
around per cent. Much Of II can
be economically concentrated"
President Smith now makes the un-
equivocal statement that from now
on the Old Dominion will be absolute
ly independent Of all outside sui
phide ore purchases. A considerable
quantity Of these ores is being de.
livered on contracts previously made,
but when these contracts have term.
mated, the Old Dominion properly
itself will supply all the sulphur
necessary.
The purchase Of outside sulphide
ores has first and last constituted
quite a heavy item in the operating
accounts Of the Old Dominion prop
srty, and from now on the company
should be able to show important
economies In this respect.
The Old Dominion company, up to
the present time, has osly developed
1000 feet Of . total Of $4,000 feet
which Il has on the strike Of lie vsis
system, and IL IL believed that large
and profitable ore bodies win be
found In the undevelopsd section.
| At the present time operations are
Handicapped to some extent by lack
Of adequate hosting facilities, but
even Mt the current rate Of produe
ton the Old Dominion mine prope'
IL making IN output Of 2,000,00d
pounds OF copper per month at q cost
Of something over 10 cents pei
pound.
Prof. Douglas, one Of the abies'
and most conservative men In chs
copper business today. says that q
him the Old Dominion never lookes
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It's future and has in days gone b,
made the statement that Old Domip
> ion has possibilities not exceeded b,
. even the famous Copper Queen.
Under the former general manager
Old Dominion did not show the op
Grating costs Of which the mine IN
n capable. Anything like q judieies
9 selection Of ores was not ersrsissd
J. and unwise contracts we're snters
1 into.
Q All this has been changed, the Fl
}, heieney Of the operating force hD
Q greatly increased, and IL will be Pc,
;. sible even on a low copper mark'
to make such q selection Of ores .
N will show satisfactory net proats.
a Old Dominion costs have been his
:. by reason Of the vast amount .
. opening and other dead" vor
!, which has been treated as an ops
+, ating charge, and Il Is Prssids'
!. smiths opinion that while there vi
be no neglect In providing nseessa'
openings, the time has gone by wss
y the company should make such hsa,
Expenditures for this parposs.