El Paso herald. (El Paso, Tex.) 1901-1931, 1910-09-24

Tinto copper mines and smelter at
Terrazas, have been carrying on sys-
tematic development since the col
lapsed Greene Gold-Silver company
lost them after paying near 100000
gold on the purchase price
Chinipas District Mines.
In the Chinipas district the old Pal
marejo and Mexican Gold Fields, Ltd.
after % years of English stubborn
stick to-ativeness, with practically no
dividends, and spending over $4,000
600 gold, has got in a new English
company with new money which has
been doing development and is pre-
pairing to erect a new mill
The building of the Southern Pacific
of Mexico to AlamOs, Sonora, is attract
ing considerable attention TO the rich
gold-silver district about Chinipas-
Rio Plata Prosperous.
The Rio Plata Mining company.
which owns and operates the rich Santa
Barbara mine, near Guazapares, with
its 25-stamp mill and cyanide plant OPP
Grated by water power. with a supple
mentary steam plant. is a clean cut
mining proposition with a regular
monthly output Chat of July was 49,
| 900 ounces), and for a year now has
been paying percent quarterly divi-
dend-and this after the mine has
paid out s325,O00 gold of its purchase
and the company does not owe dol
lar. D. W. Shanks, of Los Angeles. is
general manager
The famous Batopilas silver mines
are regular producers of bullion from
the Batopilas Mining company. which
was organized by the late Gov. Alex
ander r. Shepherd. This company Is
to get English capital in with il to in
crease operations, and to work other
properties of it's vast holdings. Good
gold veins have just been reported
discovered.
The LIuvia de Orc.
Something can now be expected from
the rich L4luvia de Orc gold mines. near
Batopilas, as Geo A Schroeder is the
consulting engineer and in full charge
of the management. Never, perhaps, in
the history of mining was a mine rich
in gold from the grass roots more
grossly and inexcusably mismanaged
Orc.
The Cabacillas mine (strictIy
gold), not far from the Lluvia de Orc.
is proving a good success and a new
100-ton mill is TO be built
Famous Dolores Mines.
But of all mines of the state of Chi
huahua the greatest are those of the
dolores Mines company, at Dolores, in
the Sierra Madres, 1 p days ride from
MADEIRA. This company is paying is
per cent per annum on a capitalization
of 81. 900, 900 gold. This mine has the
remarkable record of having paid for
its first mile of development work out
of shipping ore with practically no
stopping, and that ore had to be packed
on mule back a 10 days trip to the
railroad. The company has a fine mill
and cyanide plant. Geo. A Schroeder
is consulting engineer and w. St Paul
manager of this company
Right here at Dolores is one of the
curious and paradoXical conditions not
so very uncommon in Mexico. With
this remarkable record of the Dolores
mines and with capable mining men
admitting the district had an excep-
tional showing in many other veins,
there is not another company operat-
ing in that section. Only recently have
mining men begun to pay attention TO
the district and it is now highly proba-
BILE that one or more strong companies
will take hold of properties in the
Dolores district.
A New Combination.
The Dolores Mines company and Ell
Rayo Mines company. the latter own
ing FL Rayo and other producing
gold-siIver mines near Sta Barbara,
Chin, are with the Creston Colorado
and La Dura mines in Sonora being
merged into the new Mines Company
of America, with a capitalization of