El Paso herald. (El Paso, Tex.) 1901-1931, 1916-07-12
SNAP UP CLAIMS
CLOSE To j. '.
Jerome Men File on IL Not
Generally Known to
Be Vacant

Jerome Ariz., July by the sim
! pie process Of filing location notices
{ A. Z. Weidman, David Goodwin and
, local associates have acquired y
/ claims lying west of the United Verde.
| Hull and jerome Victor Extension. The
! location Of these claims. entirely aside
from a promising surface showing.
makes them valuable.
It is assumed that all the ground in
the Jerome district was taken up.
.Weidman and Goodwin. learned purely
by accident that the former owners OF
the claims west of the Jerome Victor
had allowed their assessment work TO
lapse. and they lost no time in filing
since then one eastern syndicate mas
taken a short term option on seven
of the claims. The optional price is
100000
Big Dixie Crosses Group.
An iron and quartz dixie. 5000 feet
wide, cuts across the eidman-Good-
man group froh northeast 10 south
west. Iron gOssan is found right on
the surface and samples taken any
where on the dixie assay a trace OF
gold and silver. There is no develop
ment work except a p foot tunnel
This tunnel penetrates four feet into
a bed OF porphyry that IS stained
vivid green. It is evident that great
deal Of copper was once leached out
II still assavs one-haIf Of one percent
in the red metal.
Nv. Foreman at Three Medal.
Ramon Martinez has resigned his
position as night foreman OF the
United Verde mine. which he held for
many years. and will hereafter be in
complete charge Of operations at the
Three Medal gold property, six miles
west Of jerome. A carload OF ma
hoist. viii arrive July 25 and be set
up without delay. In the meantime
the shaft is being sunk by hand in 4
gold bearing red oxide It is down
sinking on Dundee Arizona.
after several exasperating delays
the compressor at the Dundee Arizona
has been placed in successful opera
ton and the shaft is now going down
at the rate Of five feet a day. The
tmhermen are following the miners
right down and the shaft has passed /
the zoo foot point. Three shifts are
employed
so shea shaft Hits Values.
The work of sinking a shaft on the I
property Of the Shea Copper company, .
adjoining the Copper Chief. is now I
under way At the point where the /
shaft vas started last week there is !
- a ton in gold. It is expected that !
gold and copper values will increase 3
steadily with depth. A churn drill is 4
now on the Shea ground and is ready /
for operation
Lone Pine Verde Opens SuIphIdes.
a compressor and motors are now in /
operation at the Jerome-Portland. sd- 1
joining the Copper Chief and Equator
On the south and east Power IL re- 4
,eived from the Arizona Power com
lany's Fossil creek plant
In the same region the Lone Pine /
Verde's $50 foot tunnel is nearing its
goal. the bottom Of a 90 foot Wine IN
= hich some rich sulphide ore was
lpened years ago. A few days ago the
ace Of the tunnel entered sulphide.
Green Monster Jumps Surprisingly.
Jerome is much elated at the sudden Z
md rapid rise in the price Of Green ]
iOnster. In one day. on the New J ork !
urb. Green Monster rose from 50 centsai
o S1-S71f and closed at S1.75. II is
laimed that this is something like the
Intrinsic value of the stock. .the value Z
Justified by the company's 100000
reasury and the showing ar the mine