Weekly journal-miner., 1916-12-06
WORK BEGINS ON VERDE CENTRAL
 JANUARY 1 ST.
PROMISING PROPERTY AT
 JEROME TO BE DEVELOP ED; NEIL BAILEY RE- SIGNS FROM RAILROAD.
(From Fridays Daily.)

of the Verde Central Mines, Inc, and weather permitting. they will be
 placed in force and effect on New
 Years Day, 1917. It will require the 30 odd days time between now and
 then 10 shape mp the affairs of this
 recent addition to the list of per.
 ferred prospects of the famous Verde copper belt, and so 1t has been decid- cd to start off the New Year by enter ing upon the preliminary work incl dental to exploration of the acreage at depth.
 The property-formerly the Verde King-comprises 30S acres of patented mineral ground located in the imme- diate vicinity of the productive area of the district, and is held under deed, by direct purchase, and without in- cumbrance. It adjoins and is almost surrounded by holdings of the United Verde Copper Company and the es- tates of the Hull Copper and Geo. patra copper companies, which re- gently passed to the control of the w. \. Clark interests. Adjoining on the west are holdings of the United Yer de Extension (Little Daisy) Company, and the estate of the Boston & Je- rome Copper Company. while to the cast the claims of the Verde Apex company saw-tooth into its sideline
 Proximity to Producer.
 At one point Verde Central Mines ground is within l,500 feet of the pro- ductive area of the United Verde one of the worlds greatest copper mines. It carries an iron-stained cap ping similar to that which overlies the rich deposits of copper ore in the United Verde mine ,and at surface and nominal depth shows similar geological conditions. The import ance of this fact is better understood when it is stated that the copper ore bodies underlying the iron-capping on the United Verde have netted in dividends better than S40,0OO,000. At the northeast line of the estate the United Verde Company owns ground which presents favorable copper in- dications. This ground is to be the scene of extensive development work by the United Verde company. The verde Apex ground adjoining in the manner before referred to, carries at surface and nominal depth one of the most promising copper showings in the Verde district.
 It is the purpose of the Verde Central Mines, Inc, to develop its ground at depth with view to open ing body of commercially valuable copper ore. The men behind the en- all of whom are prominently identified with the mining and busi- ness enterprises of the Jerome coun- try, are convinced that the acreage | offers favorable mineral indication. | md that at depth it will make good | ts promise at surface. To that end ! hey will give it financial backing and he benefit of their mining experience n the local field. They propose to develop the acreage in a miner-like way and as expeditiously as is com 'atiblc with safe and sane mining operations.
 Personnel of Company.
 w. F. Staunton, president and di- ector of the Verde Central Mines, nc, will be in direct charge of min ng operations. He is a man of wide xperience in mining affairs - along oth technical and practical lines nd IS thoroughly conversant with the re occurrencies in the Verde and oth- r mining districts of Yavapai county. ie was for IS years manager of the congress mines, and under his super ision that property was developed ito one of Arizona's richest precious letal producers.
 Neill E. Bailey, vice-president and E lrector, is president of the Green c Ionster Mining Company .one of the b 'remost of the recent interpretations gagged in mining in the Verde dis t jet. Incidentally it may be stated n at Mir. Bailey has resigned his po- C ton as general superintendent oi Il c United Verde & Pacific, and Verde |, unnel & Shelter railways, in order c
 devote his undivided attention to b s rapidly accumulating mining and g her interests, not the least of which u e the Verde Central Mines, Inc, d the Green Monster mining com V nies. At the time his resignation gi Is presented Mir Bailey had been in tu e employ of the railroads mentioned tn r period of six years. Prior there ar
 he was senior assistant superin- ar