Arizona republican., 1916-04-23
WHAT BROUGHT ON THE BOOM
 AND WHY II WILL CONTINUE

The surface showing on the Shea 1 claims is much the same as on the Copper Chief ground, except that the copper values are greater and the gold values less. It is not expected that the Shea group will prove to be gold mine but there is every in- dication that 1t will become one of the notable copper mines of the state.
 There are eight or nine outcrops on the claims. all carrying copper, gold and silver in encouraging quantities. About s5,oOO worth of work has been done. There are several shallow shafts and short tunnels, all in ore In no place has either wall of the ore been cut
 Grand Island
 Next south of the Shea is the Grand Island group, which consists of thirteen claims. There is good prospect that the Grand Island, idle for many years. will soon be num- bered among the active properties of the Jerome district.
 The surface showing is much the same as that of the Shea and Copper Chief. The deepest working is a shaft down 200 feet. At S5 feet this shaft cuts through three-foot body of sulphde ore A crosscut had been started from the bottom of the shaft when the principal owner killed man and was sent to the peniten- tiary. This brought about all kinds of legal complications which effectu- ally tied up the property. These complications were cleared up princi- pally through the efforts of James M. Layman and now there is a good chance of development being resumed No new equipment is needed as the old Grand Island hoist is in ex- cellent condition and can be used till the shaft is down 500 or TOO feet | There are several shallower shafts The values in the outcroppings are chiefly gold, as at the Copper Chief, but copper values begin to come in at eighty feet and increase with depth.
 1 North Verde
 | The four claims comprising the North Verde group lying to the north of the United Verde, have been ac- quired by the Goodrich Lockhart com pany, of New York. which is holding them under the name of Movies Copper company. It is understood that they have delayed the con- mencement of development work in the hope of securing an option on 5l per cent of the stock of the Arkansas & Arizona, which adjoins the Nortf Verde In the last few days rumors
 have been circulating to the effecf that this option has been secured and that the development of botf
 groups is to be undertaken withou delay. Arkansas & Arizona share
 jumped from 25 to 32 cents in Jer , ome on the strength of the rumor } Arkansas & Arizona
 The Arkansas X Arizona has on
 of the finest hoists in the southwest
 and other splendid surface equipment The main shaft is down 15OO fee l. where there is a good showing of lol a the chances for finding d large bod ' of commercial ore at depth ( Iabout 2000 feet are excellent. t Calumet & Jerome T Jerome confidently expects to SC e the Calumet & Jerome swing int the active list before long. Tt
 Shattuck people, of Bisbee, recent y visited Jerome and secured an optic l. on the property. It is understood tn; "a they have also bonded some clain if owned by Joe Larson and Charl' ,,. Sutter.
 The opening of an eight foot ledt
 of copper-gold- silver ore recently SCI er Pittsburg Jerome stock from thr Tt to fifty cents a share. The ma shaft is down 800 feet and is tapp,
 by a tunnel at the bottom. A dri E. is now being run from that poir D. About a month ago the directors I'd the Pittsburg Jerome company vi
 ited the property. They are conter
 plating sinking the shaft to a dep es of 2000 feet.
 re Verde Combination Id For the last month James M. La ot man, who was instrumental in forr ce ing the Green Monster company, h ;, been working on a deal to consolida
 six or eight groups in the heart
 the Jerome district under the nal of Verde Combination Mining col th pany. His plans are progressing W
 and he feels sure that at least $
 groups will be included in the co Ill solidation News of Mir Laymal f's plans have leaked out and he O. already received applications ;s nearly as much stock as he contei
 plates placing on the market.
 Mir. Layman recently returned frC er, Pittsburg. where he interested a nul be Der of powerful capitalists in deal. Several well known Arizona
 are also interested with him. CS' --O-
 RESOLUTION NO. 174 ief A resolution of the Commission