El Paso herald. (El Paso, Tex.) 1901-1931, 1911-05-19
Ne " YORK MEN BUY
RICH MOLOLOA
MINES
Jalisco Properties Formerly
Owned by W. NJ. Matth-
ews to Be Merged.

Guadalajara, Mex, May 20.-The Mo-
loloa mines in the Hostotipaquillo dis
trict Of this state, which rank among
the most famous antiques of this sec
ton of Mexico, have been purchased
from w NJ. Mathews and associates by
Sanford, J. L. and NJ NJ. Makeever, OF
New York, we'll known operators who
row controi the ri Favor and Mirador
enterprises in the same district, and
the FL TaJo in the San Sebastian dis
trict of Jalisco. The Mololoa Mining
company will be organized within the
next week or two to take over and
operate the properties Modern min
ing equipment will be installed imme-
diately and reduction plant will be
built during the next u months.
Mrs. Mathews and associates secured
possession of the Mololoa mines in
June, 1910, buying them from Toronto
men, who had purchased them few
years before from Carlos Romero. Of
Etzatlan, this state. Mr.. Romero re-
opened the mines IN 1904. after long
period of idleness, and during the few
years that he worked them took out
fortune Some of the ore shipped
gave him returns of over $4,000 Mex
lean currency a carload. AR. Romero
ceased operations when a serious fault
was encountered, and some time later
sold the properties to the Canadian
interests, represented by. Frank G.
Stevens, mining engineer of Etzatlan.
The Toronto owners failed to pick up
the extension of the vein, and. becom-
ing discouraged after limited amount
Of work abandoned operations. When
Mr.. Mathews, who is a pioneer mining
man of the Etzatlan and Hostotipa-
| quillo districts took hold of the mines
he found that the vein paralleled the
fault, instead of continuing beyond it.
as had been supposed, and within a
short time be reopened the rich ore
shoot Since last November he has
| shipped ore to the net value of s5S,-
Geo. Mexican currency. The ore open
ed under his management is estimated
to have value of $4,000 600, and $780,
600 of high grade milling ore. taken
out in development, is on the dump at
! the mines
The history Of the Mololoa mines is
interesting They were opened by the
Cora indians. years before the Spanish
occupation. and when the Spanish in
vaders reached this section of Mexico
their fame was such that Gines Vas
qrtez del Mercado. the Spanish captain
sent to pacify the Coras. was disap
practically pure gold and silver. How
ever. among the followers of the Span
ish commander were men more easily
satisfied. and they eagerly continued
the work started by the indians. The
success of the Spanish miners was
such that within n few years the Span
Ssh settlement numbered several hun
bred.
The claims included in the Mololoa
loa Anexas Tamara .Arexas. Albarra-
don. Albarradon Anexas. Higuera.
Cristobal Onate Esperanza.> Esperanza
Anexas ard Aurelia. The surface hold
ings total 80 Dertenencias. or 321
acres The Mololoa camD is within 800
Yards of that of FL Favor. ard
branch transmission line that will give
MoIolca- power will be at once built
from. the FL Favor station. FL Favor
is the terminus Of the tower trans
mission line OF the Chapala Hydro
Electric company. Of this city.