El Paso herald. (El Paso, Tex.) 1901-1931, 1912-07-18
OPTION GIVEN ON
SUPERIOR MINE
American Smelling Compa-
ny Gets It; to Unwater
and Operate 1t.

Globe, AriZ-, July 1S-The Lake SUI
perior & Arizona Mining & Smelling
company has given an option on its
property to the American Smelling &
Refining company. The property con-
sists of Il claims adjoining the claims
of the Magma Copper company. OF SUI
perior, 80 miles west Of Globe in Pina1
county The A 5; & X company IS
given until Oct 20, 1912. to unwater
and examine the mine, after which,
should 1t so elect, it is given two years
in which to develop the property and
make the payments The purchasing
company has the choice OF making to-
tai payments Of $500, 600 cash and two
fffths of the authorized capital stock
of the company which It sna1l organize
10 operate the mine, or OF 100000 cash
if it elects to purchase the property
at the end of one year, or S1se0OsggO
cash at the end of two years +. ".
HOar, of Globe, representing the l. y
& y company, and J. krnItschniIt, 1r-s
representing the A. 5 < X company
have gone to Superior TO make prep
aratiOns for unwatering the mine The
mine is opened By an inclined smart
1900 feet deep and has about four
miles OF drifts There IS a CONSIDER
able amount Of OXidlzed ore exposed
avera ging about four percent copper,
and $4,000 worth of higher grade ore
was shipped from one stope. but II IS
upon the possibility OF opening up SUI
phide ores at depth that the future
of the mine depends Supplies were
beginning to appear at the bottom OF
the shaft when the mine closed down
on account of lack of funds three
years ago. Preparations are now be-
ing made to Unwater and examine the
Iron Cap to Be Operated.
F. A. Woodward, general manager
for the Iron Cap Copper company mas
lust received Instructions from the
home office in Boston to begin the op-
Grafton of the mine -onathe, plans that
he outlined in a recent report. The
hosting and air COMPRISING maenli2-
cry at the Williams smart are now be-
ing Overhauled and put in shape and
active development work III be starr
ed as soon as possible The Williams
shaft is 500 feet deep. a crOsscut haV-
ing been driven to the vein at that
point. but no drifting done at the time
the old company ceased operations It
is proposed to drift westerly on tbs
vein in the direction Of the workings
from the Iron Cap shaft with the view
of making connections with those
workings, which connections viii be
necessary before stopping operations
can begin, according to the provisions
Of the mine inspection law recently
Activity Mt tie aTcMOrrsis.
At the McMorris mine in Richmond
basin. eight miles northeast of Globe.
has been retimbered to ithe 200 foot
level, and the exploration Of that level
will soon be started The McAorrfS
mine was q producer of rich silver ore
the highest grade ore could be shipped.
and the present operators stand a very
good chance Of opening up ore that
can be mined prOfitably under present
conditions The mine is being oper-
ated by the White Metal Development
company, Of which the principal stock
holders are H B. Smell, +. B. Hegardt,
W. D. Fisk, A W. Crawford, George
Wilson and others George Wilson is
superintendent
Exhibit Of Wire silver.
W. D. Fisk is exhibiting in Globe
this week some very beautiful speci-
mems of wire silver taken from the
group OF claims being worked by Rice
Brothers & Fisk, eight miles north OF
Globe The claims are being worked
by the Rice brothers and the ore is
being taken from a stOpe above the
main tunnel It occurs as a two foot
vein in diabaSe, and consists of native
silver, horn-silver, and ?, mixture OF
copper and silver glance.
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