Western liberal. (Lordsburg, N.M.) 1887-1919, 1915-12-10
Biggest Mining Deal
In Recent Years

n NE of the most important
" local mining transactions in
recent years will doubtless be
consumated in Lordsburg today
when final papers will be signed
for the financing of the mines
of the Bonney Mining Company.
The deal has been pending for
the past two weeks and is ex-
pected to be finally closed within
the next "a hours.
John M. Sully, mining engineer
Horace Nose, mine superinten-
of the Chino Copper Company,
mad Mr.. Thorne, General Manager
of the Chino Copper Company,
of Santa Rita, N. M. and Frank
R. Jones of Silver City, arrived
here late Thursday afternoon to
consult with the Bonney officials.
Just what the deal will mean has
not been given out but it is
generally understood that the
future development and operation
on a large scale of the Bonney
mine has been arranged for.
The Bonney mine is the richest
in the local districts with an aver
age ore value of $50 per ton. Val
ues as high as $50 and $1OO per ton
have been reached in many places
on the Bonney veins. The values
on an average have been about
$3.50 per ton in gold; $4.00 per ton
in silver and $3.50 in copper. The
ore is not as high in silica as the
mines to the north of the Bonney,
but will hold up a good average of
SO per cent.
There are three deep shafts on
the property of the Bonney Mining
Company. The No. l is 120 feet
deep on a 76-degree incline. This
was the first shaft to be sunk on
the property. A prominent six
foot vein at the bottom of this shaft
has been worked during the past
few months by H. H. Sholly. The
values are about the same as found
at all parts of the mine.
The Number 2 shaft is 261 feet
deep with four levels and over a
thousand feet of lateral work de-
veloping immense bodies of ore,
The main vein at the bottom of the
No. 2 shaft is 19 feet wide, carrying
excellent values and making it a
most desirable Shipping ore.
There is an 18-horsepower boil
er, a 40-horse power horizontal
boiler, a 5-horsepower engine and
a 120-horsepower Ottumwa steam
hoist at the No. 2 shaft.
On account of a lack of adequate
dumping ground and for excellent
surface indications the Number
8 shaft was commenced early this
year west of the No. 2. The Num-
Der 3 is down 420 feet with four
level and 25,000-galon pump on
the third level. The equipment al
the No. 3 consists of two 100-horse.
power boilers, 2 100-horsepoweI
heaters; one 20-horsepower steam
hoist; a Sullivan two-stage com.
pressor with three drills; rever-
sible blower and a very complete
machine shop.
During the development work or
the No. 8 shaft several high grade
veins were encountered and at the
420-foot level the drills were three
feet in a 5-foot vein when a flood
of water rushed in driving the mer
from their work. All preparations
have been made, however, for the
handling of this water.
There are II veins on the Bon,
ney property practically all of then
out-cropplng az the surface IT
widths up to 80 feet. The veins
as far as can be determined, are
believed to be true fissures in an
desite, grading at places to dioFit
and andesite-porphyry.
The strike Of the veins Is 45 de
grees to the northeast and south
west and the dip is 76 degrees Il
the northwest. Practically all o.
the veins are parallel. The copper
ore occurs as cuprite, chalcopyrite
azurite, and malachite. The veinI
are we'll defined at all points II
the mines and on the surface.
If necessary the Bonney ore car
be concentrated very successful!
by Whitley tables and vanners, will
a plentiful water supply at tn
mine for this work.
The Bonney is adjoined on tn
south by the Miser's Chest proper
ty owned by ]. G. Berryhill of Sal
Francisco, Cal, on the east by th
Aberdeen, on the north by the XII