The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-06-11
ABANDONED MINES
AGAIN PROFITABLE
MODERN METHODS IN MINING
AND A WILLINGNESS TO WORK
THE EXPLANATION.

"How many mining properties have
been abandoned by large companies
and after lying idle for years have been
taken up again by others and become
great properties" said Col. Jack w.
Fleming of Silver City, n, NJ, one Of
the most successful mining men iii
that district Just for instance the
Hearst people abandoned the mines
of Pinos Altos, seven miles north Of
Silver City. Then the Comanche Mn
ing Company took the properties over
and after working them for some time
they too abandoned them so far as
working them was concerned" So
writes l.. Fl. Davis in a recent article.
After these same mines had lain
dormant for several years they were
leased to Bell and Wright, two young
men who We're not afraid of hard work
and they selected a place to sink q
shaft on the vein and soon began
taking out ore, and shipping to the
smelters at Eel Paso and Douglas, which
netted them 500 a ton in carload lots
the richest ores being sacked and held
by the essees to be treated separately.
/ Rich High Grade Returns.
"a lot of this ore weighing 1880
pounds was shipped to San Francisco
and melted down, as it should be which
netted the boys few cents less thar
$4,000 gold The shaft has now
reached depth of about 200 feet and
the high grade ore is being eXtractc1
every da In less than week 100000
worth of ore has been mined. Thest
two young men deserve credit Tor
their energy and pluck.
"Since this wonderful rich gold
strike nearly every mine in the Pinos
Altos district has been leased or is
being operated by the owners say!
Col. Fleming, land no doubt other
rich strikes will be made soon. Indeed
the Pinos Altos mines are destined to
be. the great gold producers of Grant
county within the next six months
Cyaniding in MogolIon.
"The same thing is true of the big
mines of the Mogollon district, eighl.
miles from Silver City, which Wer,
abandoned by several different partie,
but are now in the hands Of new PEG
pie with capital and mining ability
Large mills have been erected and tn,
ores are being treated on the ground
by the cyanide process. 1t is almost
! 4 daily Occurrence to see one or tW
automobiles come into town loaded
! down with large gold and silver bricks
Weighing 100 pounds each and deposit
ed in the Silver City banks. The
mines of the Mogollon district will un-
loubtedly produce over 100000 dur
ing the year 1914. The Socorro Mintna
Company of that district paid tWe
dividends of per cent inside of 10
days on $2000,000 capitalization, and
the company expects to pay a monthly
dividend of one and One-half per cent
from now on. We expect to hear o.
| he other properties also paying SINH
lar dividends soon.
Another abandoned mine which,
I'm informed, was owned by the Hearst
people, after having yielded over 81,
10000 worth Of silver lead ores, wa,
he Victoria group, near Gage Station,
eighteen miles west of Deming. They
evidently thought it exhausted and
closed down operations. AfterWard
man named Burns, good miner, got
a lease, and in less than a year he
took out of the abandoned mine ores
which netted him over $4,000. His
lease terminated and a new one was
refused by the owners. Finally the
present owners got hold of it, and it
has been paying big dividends ever
since.
"Silver City is the centre Of one of
districts in the whole southwest. We
have the great Chino copper mines,
seventeen miles east of us and the
Burro Mountain mines of Phelps Dodge
Company only fourteen miles south
west, with their railroad company from
the Santa Fe railroad at Whitewater
to the mine at Tyrone. The Chino
company has LOO men on its payroll
and inside Of twelve months the Bur-
- Mauntain company will be working
over 1000 at Tyrone. All that pre-
vented them working that number
of men at present is that the big con-
centration mill now under construction
will have to be completed first to ham
die the output.