Weekly journal-miner., 1917-05-23
BIG MOVEMENT IN COPPERS IS. CONSUMMATED .
I M P O RT NIT DEAL IS CLOSED IN COPPER BA- SIN BY WHICH A LARGE CON SOLID ATION OF MINES IS EFFECTED.
(From Saturdays Daily.)

interested parties to one of the most | important copper deals ever closed in this section as having been effected, by which the holdings of Mrs Robert Brow and Frank Cass in Copper Basin district pass to a new syndicate to be known as the Big Butte Copper Com pany.
 The consolidation carries 43 mines, and aside from that large acreage the group is we'll prospected over its broad area and at certain points suf- fcient development has been given in the past 25 years at intervals to fully warrant the outlay of capital that has been decided upon.
 This big movement also is note. worthy as indicating what deep in, terest IS being manifested at the pres ent time in that particular field, where the Commercial is shipping a heavy tonnage daily to market, and develop ing to great depth. The Loma Pricta of prominent rating as depth is being given, also is in the zone of the Butte, while the Copper Hill, taken over re- gently by Arthur L. Garford, the mill lionairc manufacturer of Ohio, has entered the shipping. stage. The Ari- zona- Portland likewise has been re- gently equipped with new plant, and scattered over an area Of five miles square are a score of individual prop critics in action to give to the field a very desirable rating as to future possibilities. The Butte, in short, is so located, that from what has been determined in prospecting, borne ou; by samples of ore taken from several working points during the past week, as to be classcd as an attractive prop osition, requiring only capital to dem onstratc another copper bonanza. Samples displayed yesterday of the oxidizcd and carbonate ores takcr from an old tunnel, that entered a huge dyke, gave 3 per cent returns, while from a dozen shafts and cuts the naturalization of the vast hold | ings is conclusivcly proven.
 Knows the Country.
 The arrival few days of F.. C. Avcryt in Prescott, from Birmingham, Alabama, to investigate conditions in this field, is somewhat significant in affecting the future of the Big Butte, and particularly so at this time. Mir. Avcryt is member of the financial firm of ]. A. Ellis & Co.,, of the above city, and with Mir. Ellis he devoted several days toward making an in vestigation of actual conditions exist ing in Copper Basin district They concluded to take up the matter of underwriting block of 3O0,OOO shares of the treasury stock.
 Mir Avcryt will be remembered as a resident for many years of Prescott, when he was deputy county record CT, the position familiarizing him with the country at large as we'll as giving him an insight into its mineral rating. He stated yesterday that the Basin ! country has undergone a revolution in mining since he was here, and the present production going on, is sur prising. Mir. Ellis also was favorably impressed with the country, and both were receptive toward cnliSting capl- tai to undertake exploration on the Big Butte, which appealed to them as offering exceptionally attractive in- duccmcnts. They came here to invcs- tigatc conditions generally since Nav- apai county is assuming such high standard in copper mining, and they concluded to enter a field which IS practically still in virgin state. Both returned home yesterday, enthusiastic over the outlook. NIT. Avcryt IS equipped with mining experience ac- uuircd years ago, and his observations at this time arc naturally well founded as to what may be anticipated in be- coming identified with this proposi- ton.