Mohave County miner., 1916-08-26
CBy WILLIAM P. DewOLF.)


 Green Monster Mining company is au- thority for the statement that the cor poration is the owner of the largest mineral-bearing estate in the famous Jerome copper district. This agree able state of affairs has been brought about by discounting the payments on the 32 patented claims held under op- tion and their taking over in fee sim pie. The deal for the acreage was closed a few days ago and, with the 36 claims hitherto owned, gives the Green Monster company absolute title to 68 claims situated in the richest experiencing section of Yavapai county, and adjoining the well-known Copper Chief mine. In setting forth the details of the transaction, MT. Humbert said:
 ''The taking over of the 32 claims formerly controlled by the Green Mon ster company under options that pre- vided for payments extending over period of four years, was the outcome of careful consideration on the part of the directorate and is in line with our plans for the future development of the property. The optioned ground is worth much more than the price paid, and by adding it to our other acreage the company has been greatly strengthened as title to all our hold ings is now intact and under abso- lute control of the corporation. Then, again, the exercising of our right to take up the options in advance of the due-date will work no hardship on the management as the company has additional funds sufficient to carry out the development work planned.
 ''The management of the company is composed of able business men, several of whom are miners and bank CTS of wide experience, and it is in- conceivable that the amount of money necessary to take up these options approximately S1OO,OOO-would have been paid out unless the claims were worth considerably more than the pur- chase price, which was of course, less than it would be had the payments been strung out over a term of foul years. The stockholders of the com pany are to be congratulated upon this action of the directors, and also upor the probability of valuable develop ments on the optioned ground and other portions of the estate"
 Several units of the machinery plant which is to be installed at the collar oi the deep-working shaft on the Greer Monster property have arrived anc the remainder are on the way. The new roadway leading to the company's camp from the main trail to Jerome has been completed with the eXcep- tion of a few culverts, and the work of erecting the camp buildings is vel advanced. As soon as the mine ma
 chinery is in operation the crew Ot miners will be augmented with view to opening the ore bodies at depth 1T the shortest time compatible witf
 safe and sane mining operations. IT  , the interim work will be continued 1T the various tunnels for the purpose ot making determinations which vii serve as a guide to operations in the underlying stratas of copper ore.
 Recent developments in the Loms , Prieta workings are very encouraging uable body of copper sulphides under ; and lend emphasis to the contention ot . local mining men that large and val lies the Copper Basin section. The shaft on the property has a depth ot 155 feet and is in ore, heavily i'm , pregnated with chalcopyrite, from tht ' 65-foot point to its bottom. In othel words, the shaft is in ore for deptf of 90 feet. A considerable tonnage mind in sinking has commercial value and there are several tons of sorted 5 ore on the dump that carries 15 pei cent copper content. A few days agt
 level was established at the 140-foo
 point and crosscuts started east anC
 west in the ore.~ The face of the eas
 drive is completely filled with chal
 copyrite. This condition has prevailed from the shaft to the present point O
 development and presents indications of continuing several hundred feet fur
 ther to the east. The west crosscu
 carries bands of ore impregnated witl chalcopyrite which seem to be con verging into a solid body as the GU . is advanced. Water trouble is ham pering operations considerably due t' the inadequacy of the small hOistinl plant.
 Another property in the Coppe,