Arizona republican., 1917-04-29
0be MINES of ARIZONA

are on the ground and will be installed ! and in operation not later than June 1. , The BinghamtOn's real era of ore pro ductiOn will begin on that date. ] In the meantime cross-cuts will be 1 driven to and through the ore on the i levels already established stopes will i be extended in the backs of ore on the various levels, raises and winZes all ready under way will be completed, the l shaft will be sunk to greater depth and 1 the mine will in general be placed in shape to meet the maximum ore reduc- | ton demand. Ore is now available for i stOping from the 600-foot level to a point well about the 100-foot level, and when these ore backs have been com pletely blocked out the tonnage in sight will be sufficient to supply the 300-ton mill with grist for a number of years. without drawing upon the ore reserves 1 that will in due course be opened below the 600 foot point.
 Both No. 91 and No. 102 ore bodies are widening and increasing their cop l per contents as depth is gained Break of the mine on the 200-foot level they will not exceed per cent copper to the ton, while on the 400-foot level they will i break appf oXimately , per cent copper i to the ton. On the level first men i toned, the general average width of the ole bodies is about 10 feet, while on the level last mentioned the general average width is about 20 feet. So far as opened between levels the ore bodies show in- creased minei aliZation with depth. i ChalCopyrite predominateS in the orc and becomes more persistent as the ue- ] poslts are followed downward. On the : lower level recently unWatered there !! is all encouraging showing of copper { glance. Copper glance likewise prevails l to some extent on the 400-foot level. The ore bodies are as strong and well i defined on the 600-fOot level as on the levels above ana hold forth miner 1 alogiCal promise of prevailing tC a much greater depth
 Mining men in general throughout the Copper Mountain Big Bug districts are very much interested in the worK l being done in the Ringhamton mine bv reason If the bearing it has upon their i own operations, and by reason of it's bearing upon the future value of the section in which it is located.
 Calumet and Jerome
 Recent reports from Arizona state ] that traces of what is believed to be the Daisy vein have been uncovered in the i Calumet and Jerome property. Lew isohn engineers are now at the property
 
 ! Daisy vein be found in this company s property large tonnage will be added 1 to it's ore reserves. In March the three compartment shaft was put down 13S feet. equaling the record for a three l compartment shaft in the State of Ari zona. Aggressive development seems tC be going on in the Calumet and Jerome property and we feel confident that with a settling of market conditions l much better prices will obtain for this stock.
 Magma Copper
 The recent strength in the stock ot the Magma Copper company was duo to the announcement of an impnrtant strike on the property. official advice. from the mines stating that rich bod, of ore had been encountered at a poin 1 between the 100 and 1S00-foot levels averaging from , per cent to 10 Del cent copper. A diamond drill hole from the loOU-foot crosscut of the mine ha. encountered ore at point around the 1l00toOt level The core ffom this holt contains considerable chalcopyrite ant bornlte. This siudge or drilling assayeC , per cent copper for 50 feet and Il per cent copper in ore 10-foot sec tioE.
 The Magnate's Showing
 The presidents report of the Mag nate Copper company recently pub hshed makes a splendid showing, an( lpropects for the coming year are very 1 bright. On April II, the company's stock was listed on the New York Curl and since that date has been actively traded in on that market
 Miami Copper
 That dividend amounting to $2.50 . I-share will be paid on May 15 out oi the earnings of the Miami Copper com pany for the first quarter of 1917. is taken as an evidence of the extraordi- nary profits being made on the con- pany's copper contracts booked in the , latter part of 1916 and on which 1T