Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1914-08-19
PLACER PROJECT OF
IMMENSE POSSIBILITIES
(From Wednesdays Daily.)

In placer mining circles, what is
considered the most important
transaction ever closed in the State,
was that announced yesterday,
whereby Edward and Harry Shu-
mate have acquired an option from
the Rich Hill Placer Company of
a tract of land of 600 acres on
which they propose TO begin explo-
ration Immediately.
The arrival at Congress juno
ton on Monday of a Stebbins dry
concentration, an engine, and other
equipment. with the practical be-
ginning of operations today inaug-
urates a proposition that is attend
ed with keen interest as to the pos
sibilities of that auriferous field.
The plant will be set up and placed
in operation at once, as well will a
camp be built to accommodate at
least twenty employees. This ap-
paratus is a new invention, and ac-
cording to tests made on the desert
gives splendid results in recovering
fine and coarse gold. and reduces
the losses to a minimum.
With the Stimulates are Bridge
port, Illinois capitalists, and lead
ing up to the deal engineers fav-
orably passed upon the proposition
several weeks ago. The system of
prospecting the large area will be
methodically carried out The land
is to be plotted, and holes drilled
at intervals in order that zones Of
value may be accurately determined
before extensive mining will be Civ
en-.
That belt has been famed for
over third of a century as the
storehouse of an immense amount
of the yellow metal, based on pros
pecting given by New York syn
dictate, headed by Wells H. Bates,
over twenty-five years ago. The
problem of recovering the values
proved the obstacle, owing to the
lack of water, and incidentally be-
fore a successful dry process was
invented. The fact of this domain
lying at the foot of the famous
Rich Hill from the summit of which
in 1862 was taken over half a mil
lion in gold and in later years at
least treble that sum, gives to this
undertaking something of the SEN
sational in values that are antici-
pated.
Whether success or failure fol-
lows, the operating syndicate will
delve into the soil IN the spirit of
the venture proving remunerative.
Practical miners are firm in the be-
lief that the field where many mil |
lions have been taken out in the
past warrants the investment OF
capital on a large scale as they are
confident that this treasure field
has only been scratched, and many
millions more will reward explo-
ration.
The initial operations are to be
conducted solely on the line of as
certaining the process of recovery
of the gold. In a few months it
is the purpose to increase the force
to at least one hundred men that
line of thorough and extensive
prosecution may be conducted. An
other probability is that steam show
els may be introduced, contingent
however on the Stebbins machine |
proving what is claimed for it. In
that case a GUNNER crusher will
be installed to reduce the coarser
formation. The purchasing COM
pany has ample capital and is i'm
bued with a firm purpose to goI
ahead. The original locators Of
the tract include Judge F. o. Smith, |
w. l. Richards, Mark Bradley, D
NJ. Clark, Z. A. Kastner, NJ. A
Fraser, and several others, all resi-
dents OF this city.