Albuquerque morning journal., 1913-05-02
CHINO COPPER CO.
ONE OF LARGEST
PRODUCERS
Has Ninety Million Tons of
Ore and Can Handle Even
One Per Cent Deposits at a
Profit,

Especial CORRESPONDENCE 10 Morning JonrnaD
Silver city, y. NJ, May An au.
thorltatlye statement concerning the
Chino Copper company appears in a
recent ifsuo % Boston paper from
which the following extracts concerns
ing this great Grant county enterprise
are taken
Chino must be recognized as one
Of the most remarkable copper devcl-
opmcnts the world has ever known.
Wiinin four years it has been so ex-
tonai,ely opened aud so fully equipped
that 1t is producing copper at the rate
of 53.000.000 pounds annually. As an
established, profitable enterprise.
Chino is as fully demonstrated todas
as II is possible for any mine to be az
any stage of its career An the way
from 60 TO 76 per cent Of the copper
contents of the ore are being recov.
cred in the concentrates.
During the first three months of
this year Chino produced approx
matcb l2.O0o,000 pounds. Its output
for March was estimated at the end
of the month as 4.5S7.0Oo pounds but
when the concentrates were shipped
TO the smcltcr " was found that they
contained more than that amount
This indicated a recovery IF upwards
of 7G per cent of the copper in the
l44.G00 tons Of 2ti per cent ore
millod during the month. The LIZ
percent ore milled i'm January showed
an extraction Of 69.9 percent and Of tn
1S9 per cent ore milled In February
1896 per cent was oytrdcta'l.
There is now every prospect hat
Chinoe output for the veeg viii av-
orago more than f5O0.O00 pounds
per month. ANA it's total 1913 p'oduc-
ton will reach a5.0Oo.00O pounds 90
copper costing not far from ~ cents,
"Thc estimate of Chino's ore tor
mage has been revised after il had
been proved beyond question thdt
grades lower than ~ per cent ana
even 1 per cent could hc haa 'ief
The records were 'eaulit-
I'd to contain everything ihat was
ore, aud the result arr
rived at WAS something more ihln
nc 0O0.000 tons averaging 1873 per
,ent copper.
"Chino's ore occurs in deposits ci
irregular size and shape one body OF
lie Is Approximately two acros in *
lent. from twenty TO sixty feet thick,
nd mrrics an average of G TO $ pcr
'ent copper There. is known t. b.
like so 800 tons OF 2 pcr
'ent ore in " Thc steam ahor -
hould be well into this deposit in
hout two years.
"From one - five tons of n"tive
opper in sheets and nuggets are re-
orered daly at tiE mill
Within year or two tho ChIns
wjll probhbly an ,dace
plan 10 inereaga u @ concW'rator 20
q 600 tons daily eapacity. Sources Of
dditional water Rave been seeuici
lready Tho mime has outgroNn the {
I'LL The chino surplus in 1872 q
mounted 10 $3.50 per share win {
~ present plant Chinl should pc able I
> earn $500 share for A. 20 90 {
ears The property viii Drubally !
icld nearer la5.O00.000 tons than so, ]
90 O00, and should the company equip e
lie plant to produce i5,0oa,a00 70 t
o 600, 600 pounds Of copper or YEAR {
lo present capacity beins s5,03a,000 .
, 10.O00.O0O pounds, With copper at S
: cents. and it is hkcly To be h'slwr b
lther than lower, Chino stocK Would f
b a good Investment AZ any price un- 81
err Si00 n share. b
1t is reported locally bur without
fflcial confirmation, that he chino 4
,mpany has already ordcrcl four u
aw steam shovels and mae dlnHy en- J.
mes for additional service at Santa =,
ita, r,