Bisbee daily review., 1916-12-17
ENCOURAGING IS
 VENTURE HILL FIND
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(Conunued From Page One)
 speculative purposes only such shares of the two companies as were then out standing. and in due course, placed the market at the disposal Of the Bos- ton X Jerome, Verde Central Mines. Inc. United Verde Consolidated and other companies owning contiguous ground and greatly stimulated the de- mand for their shares.
 Most Of the mining men at Jerome hold the opinion that large and valu- able deposits of copper ore underlie the lime and iron capping of the Yer de district for a radius of several miles beyond the United Verde and the United Verde Extension mines The recent strike in the Venture Hill tunnel serves to confirm their opinion and to increase the value of mining properties located within that radius. These men assert that the Venture Hill strike is the most important made of late in the Jerome field, inas- much as it determines the presence of copper ore well beyond the nay area immediately contiguous to Je- rome. and presents the possibility Of the opening of a number of pay mines in the section lying between the Ven 'ure Hill and the United Verde es- | tates.
 Bearing Of Strike
 As a matter of fact, they believe
 he Venture Hill strike has bearing | IpoE the Verde district in general and that it is not alone an inducemert for mining research throughout the district. but that il is as well an indi- ,ation of the results which will attend 'uch research in all sections of the
 'istrict. They point out the fact that
 utcrops similar to the one crossing Ne Venture Hill and Verde Apex | properties. are the rule rather than
 He exception throughout broad ra-
 lius, and express the belief that oth- ! r strikes will in due course be rade
 't widely divergent points. In their opinion the properties to the north Of
 Jerome offer an equal mining oppOr-
 unity to those south of the camp. and | T support of their contention point | the amOrphOUs Outcrops which tra.
 erse the property of the Verde De elOpment Company well tC
 he north of the United Verde mine
 md to the strike of similar Outcrops | throughout the intervening territory 1 They call to your attention the pro
 'ounced success which attends min
 'ng operations in the Copper Chiei
 nine. and recall to your mind the fact hat in the very immediate past the
 ow famous United Verde Extension
 Little Daisy) mine was naugbt but | ' decried prospect. Depth and devel- | lpment, they assert. will result in the discovery of other copper ore bodies similar in profit-making opportunity o those disclosed in the United Verde | Tnited Verde Extension and Copper
 Chief mines. In some instances the l presence of these ore bodies will be l revealed by means of diamond drill
 ng operations. such as are in force on | the estate of the United Verde Con | sOlidated company. In other instanc. ! ss they will be found by means of
 shaft and lateral work. In either
 went, the Venture Hill strike will
 ierve as guide and encouragement Q the men who are making mining | listOry in the Verde district.
 Miners Investigate Strike
 When the news of the Venture Hill 5trike was announced in Jerome the miners of that camp visited the prop Nrty by the score and gave the ore the
 wice-ovcr and their 0. K. Immediate
 V thereafter they began to place buy 're orders for the stock of the Ven ure Hill and other companies having holdings in it's vicinity. The shares lf the Boston X Jerome Copper com oany, for instance. advanced over night on local buying from 45 cents
 0 50 cents per share In a measure this advance was due to the fact that Boston & Jerome is slated for listing 'n the New York Curb in the near fut- ire al an opening price of = cents.
 The stock certificate books of the company have been forwarded tu New