Bisbee daily review., 1916-08-27
New Shaft of C. & A. Com pany Will Enlarge Scope Scope of Operations of Or ganization Very Largely.
AMERICAN-SAGINAW
 LANDS VALUABLE
Iron Ore Comment on Future
 of Property-Development
 Work Is Being Kept Far in Advance of Production.

The sinking of the big new shaft
 soon to be started by the Calumet &
 Arizona Mining company, at Bisbee.
 Arizona. says Iron Ore, will permit
 the more ready opening of a large acreage of land in the territory as
 yet little explored and that lies still further down the great mineraliZed valley beyond the Junction and Briggs shafts. Here are the many claims purchased from the American-Saginaw
 company as well as others located to the northwest of these. Very little exploring work was done on the Amer ] ican-Saginaw location. One shaft was sunk in barren limestone and from this there were no extensions in the way of drifts that were valuable in determining the mineral value of even this particular locality. The ores of
 Bisbee are held i'll the limestone, pockets of varying size being encoun- tered as the limestones are cut into
 by shafts and drifts. It is very easy to miss a deposit, and all the valley is not ore, it must be understood. The American-Sagin lands are certainly very valuable and were bought cheap
 ly, as were all the holdings of this company. At the time of some or the land purchases it was considered by some of the shareholders that the figures
 were excessive, but those who con- plained at that time were not familiar with the real value of Bisbee mineral
 territory and have since discovered that the purchases were real bargains. all of them, and that those who were responsible for the transactions were very much alive as to the real inter- ests of their shareholders. All of the monies paid for properties in Arizona by this organization would have been a very low price for the Junction lands alone, and in these deals wt will also include the New Cornelia pr oper- ty at AjS, Arizona. It was this fore sight and wisdom of the directors that has resulted in building so well
 for the future of this company and placing it in such a strong position in the list of copper producers.
 The new shaft will be a big one, five compartment. will be concreted its entire length, and will be as deep as any in the Bisbee field, as it is to go after the ores that are held in the lower portion of this mineralized formation. As the work proceeds down the salley the dip Of the forma- !. tions necessitates greater depths to reach the ore horizon. and the deep 1. est shaft in the Bisbee camp will take |. the water of the camp. The Junction, !, of Calumet X Arizona, now practically !, drains all the mines, so this new deep | shaft will be the main pumping one, | as all the water will run to it. The !. limestone formation here is porous so | that the water makes through it readi- ! ly. The concreting will render it 1 safe against water encroachment where the latter is not wanted, and
 it will make very safe station in
 every respect. Undoubtedly this new shaft will be electrically equipped.
 There is a big area here to be de- | veloped, and it is very likely that cop per will be found abundantly in it
 when the shaft is down and the rocks 1. are opened by drifts. It is also not
 improbable that this naturalization
 will continue on and beyond the pres
 ant Boundaries of the company on
 this side of the camp, reaching onto l the ground of the Warren Develop.
 nent company. One can judge Of this
 5y what has already been accom- ]. plished as the ores have been followed 1, from the original workings in the Bis i bee camp to the present farther de '. gelopments down the valley, and fol- | owing the general strike of the great . Dividend Fault that has played such
 m important part in the mineraliza- |. ion of this wonderful Bonanza Circle . The circle, by-the-way, has been great 1. ly extended since We gave it the name i and has become more important and ].
 Continued on Page ?