El Paso herald. (El Paso, Tex.) 1901-1931, 1917-10-05
DYER AND RARITY
WILL VISIT MINE
Ell Pasoans Hear Good Re
ports From Verde Com
bination; Go to See.

blnatlon; 60 to See.
Having recently received some
splendid reports from the Verde Com
bination copper mine, John L. Dyer
and associates Of FL Paso. are leav-
ing Saturday for Jerome to make a
special investigation OF the property.
considered at present as one Of the
most promising properties in the
west.
Mr. Dyer is president OF the COM
pany- Other FL Paso officers Of the
company are Frank P. Jones and Al
fred F. Kerr. Messrs. Jones and Kerr
viii accompany Mr. Dyer on his trip
and Lee II. Orndorff and Maurice
Schwartz, two local stockholders, viii
also possibly make the trip with Mr..
Dyer
superintendent Commended.
The Arizona Mines Reporting COM
pany, under date Of October Q re-
porting on the Verde Combination.
mentions the fact that David Morgan,
OF Jerome, is manager and superin-
tendent al the mine and says.
Ar- Morgan Is undoubtedly one OF
the most capable and well known
mining men I'm the west: a
man with a world OF experience. [
ane MS practical knowledge of
conditions in the Jerome Dis
trict is considered second TO none.
Mr.. Morgan is entitled to a greater
part Of the credit for opening up the
United Verde Extension vast ore body
He has been superintendent OF some
Of the wei known mines Of the west
The officers and directors Of the
Verde Combination certainly showed
great business Judgment in securing I
so able a mine manager as Mr.. Nor ]
gan"
Mine Equipment.
As 10 the equipment, the report T.
says; The mine equipment at the 4
present time consists Of a Fairbanks !
Morse Is horsepower gasoline hoist, I
two sullivan compressors, driven by 4
so horsepower motors. having a ca /
pacity Of zoo feet. These are installed, /
and all drilling is done by air power. /
The compressor also drives a Sullivan I
drill sharpening machine. Electric /
power is procured from the Arizona I
Power company.
Concrete foundation bed and an
Choir bolts are in place, and are wait
ing for double drum hoist now in /
transit
"A large new gallows frame is com
pleted and erected over the shaft. .
ready to be connected up as soon as j
the drum electric hoist is installed
"A fan for ventilation is also in /
stalled All workings are lighted by /
electricity.
blacksmith shop numerous bunk
houses, assay shop, dining room, and \
IN fact, all the necessary buildings .
for the carrying out Of Development
work
Work Of Development.
An active campaign OF develop
ment is now being carried ont on the
Mescal group, and lying westerly from \
the main north fault so prominently \
well known in this district Geologi-
cally, an intrusive quartz porphyritic
dixie, probably the latest Of the primal
formations lies next west on the main
fault Adjoining this is belt Of hard
diOrite- Next is zone OF the pre-
Cambrian schist followed in turn by
greensboro or quartz diorite. This
formation is considered by biologists
and mining men familiar with the dis
trict as being most favorable Tor the
existence Of q large ore body
Work was started on the new shaft
in February. 1917, from both the sur
face and tunnel level A three compart-
ment shaft each compartment by
q y feet IN the clear. is at the present
time down 40 feet In driving this
shaft, the management broke all rec
ords for the district, the shaft being
sunk 170 feet in the last month, which
is the record for shaft sinking in this
The collar Of the shaft is 1000 feet
below that Of the United Verde and
600 feet below the United Verde Ex-
tension This is a great advantage
over properties located at higher
elevation, as IL viii not be necessary
10 20 10 such great depth TO open up
their ore bodies
Showing Is Good.
The various schistOse belts cut by
the shaft are practically 20 feet IN
thickness, showing a naturalization
in the form Of barren iron and a little
disseminated copper sulphide. It also
carries considerable disseminated
chalcopyrite and iron pyrite: also
shows many kidneys and small vein
lets Of chalocopyrite. The schist itself
has greasy touch on the cleavage
planes. and upon being broken, looks
as though IL had been fumed- As
depth was attained. the values in the
schist increased 10 remarkable ex-
tent
approximately 900 feet below the tun-
mel level, on what is known as the
200 foot level The pOrphyry is es-
timated to be 90 feet distant from
the bottom Of the shaft CrOsscutting
is now under way 10 reach this por-
phyry- The topography Of the prop
erty is such as 10 insure economical
Development
The Financial End.
The original allotment OF 100000
shares offered at IS cents to the pub
lie was ersubscribed by 100000. At
the present writing the stock is SELL
ing around S1125z and S1-15-
This property is undoubtedly one
or If not the best Of the junior cop
It is located on the north fault The
formation is practically the same as
that Of the United Verde and the
United Verde Extension. On the
north. the Verde Combination adjoins
the great L y. Extension mines,
which stock is selling at the present
time at so per share.
The consensus Of opinion OF mining
men who are most familiar with the
district is, that the Verde Combination
wiz in the very near future prove TO
be a producer and dividend payer.
il has ample finances; geological con-
ditions are all in its favor, and last
but not least, 1t has good manage
ment-"