El Paso herald. (El Paso, Tex.) 1901-1931, 1913-02-12
MINING NEWS
BIC ORE BODY IS
MADE IN CALUMET
Repor Revived that G. G A.
Is to Absorb the Sagi-
nav Property.

Bisbee, Ariz., Feb. 12=One Of the
most important strikes made recently
was reported last week by the Calu-
met and Arizona The strike was made
In the HOatsOn shaft. A body of sui
phlde ore, between 80 and 40 feet in
width and running between 8 and
percent has been opened up. Develop
nent OF the strike has not yet gone far
enough TO determine whether it is a
permanent body or a streak but there
Is enough now opened to demonstrate
that il is a very valuable find. The
strike was made in an old part Of the
mine, north Of the shaft
Saginaw has again come into prom
lnence on account OF the many reports
that the property viii soon be absorbed
by the Calumet and Arizona 1t is be-
leved that this time there is more
behind the reports than previously and
that there is strong likelihood that the
Saginaw viii be taken over. The price
reported IS that the Calumet and Ari-
zcna viii pay S1L70 q share for Sagi-
nav. The report has already had its
effect on the market price Of the stock
which, during the week has climbed to
50 share with a reported strong de-
mand- Saginaw IS now believed BY
mining men to be a valuable property.
Shnttuck Strike a Good one.
The recent discovery By the Shattuck
OF an extensive lead-silVer ore deposit
looks even better than was at first an
uclpated This body is in the Iron
Prince claim. located in about the
middle Of the proved ore bearing prop
erty Of the company. 1t has now been
entered both above and below the con-
per body, through the 1000 foot level
and the 500, both workings being from
the main shaft Enough is known about
the BODY to state that 1t adds an asset
OF large value TO the holdings OF the
company. What VIII be the immediate
returns from the ore in point of ton
value viii not be determined until the
treatment
Shipments to date to the FL Paso
smelter for test purposes have returned
around $50 per ton The ore runs from
10 TO 70 percent in its lead content
alone 1t IS expected that the treat
ment contract viii be closed soon, va
T1ous concerns having been given an
opportunity TO submit bids. Their fig
ures are now being awaited. Besides
its work on production Shattuck is now
carrying on about 900 feet of develop
Inent per month The company is work
In the Junction shaft.
Following the success Of the shrink
ing plan at the Junction shaft, which
IN general results accOmplishes what
the Glory hole does, the new system is
being installed wherever the ground is
hard enough 10 permit Of its employ
menr on Calumet and Arizona proper
ties 1t is still being extended and is
showing an appreciate decrease in
mining costs of the district Where
sinking is possible, the cost of up keep
IS eliminated and it is in the keeping
open OF Workings tnar the big end OF
the expense IN the warren district has
always been, the upkeep being as 81
for 81 for ore extraction.
G. K Hooper, superintendent OF the
Calumet and Arizona properties at Su-
perior is a visitor in the city.
3. w Tilby Lee Adams A johnson.
Charles V. Weston and 7. L Tier. d.
rectOrs and stockholders Of the Mascot
Mining COMPANY at Dos CabeZas, are
spending a few days in the city. They
are making an examination Of the Cop
per Queen and Calumet and Arizona
properties with q view TO securing
points that may be Of use in the deVeI-
Opment Of the Mascot. So far nearly
$75, 200 has been expended on the Mas
cot mine and, in the near future much
more VIII be expended in carrying on
deVelODmenI