The Arizona copper camp., 1917-04-07
GREAT VERDE
EXTENSION IS
WELL LOCATED

Among the promising prospects
which offer attractive opportunities to
the public, there is none which seems
to be in greater favor at Jerome, than
the Great Verde Extension property.
and this would appear to be quite logi-
cal, because of the location and re-
ported formation of this group of
claims.
The Great Verde Extension people
were fortunate enough to obtain a
property which lies in the direct east
ern line with the United Verde, Unit
ed Verde Extension, Jerome Verde and
Dundee Arizona, and on one side their
property adjoins that of the United
Verde Extension. Past performances
in this section speak for themselves,
and practical mining men who have
been interviewed relative to the hold
ings of this new company, express
their belief that the Great Verde Ex-
tension enjoys an unusually brilliant
opportunity for the developing of an
other Jerome producer.
This company is planning to sink a
three compartment shaft on the "east-
ern line" (as it has become known, and
it is pretty safe to predict that they
will not be disappointed in their eff
forts to make a mine. One most i'm
portant point in their favor is, the fact
that they should be able to reach the
sulphide zone at nominal depth. In an
interview granted the writer, James
Hubbard, an old timer in the Jerome
district and for many years superin-
tendent Of the Hull - Cleopatra there,
later superintendent of the Dundee
Arizona, stated that the sedimentary
and limestone formations which have
made deep development necessary on
the United Verde Extension and the
Jerome Verde, had practically eroded
on the ground where the Great Verde
ing their shaft, and that be believed
the sulphide zone would be reached
at a depth of less than 200 feet. Mr..
Hubbard expressed his approval of the
property in no unmistakable terms, and
inasmuch as he knows the Jerome
mountains as most people know theiE
own flower gardens, people throughout
Arizona are paying pretty close atten-
tion to his predictions, with the re-
suit that the new company's stock is
sue is being very favorably received
by practical mining men of the state.
In recent interview, which was
very gratifying, representative of the
Great Verde Extension syndicate which
is financing the Great Verde Exten-
sion Copper Company, brought out a
interesting point of the present cop
per situation. His contention was,
that with the present producers strain
ing every effort at output, and sadly
depicting their ore reserves, new mines
are going to be necessary to prevent a
copper famine, and that the mines in
in the making which are now
asking for money with which to push
their development work, have an op-
portunity to enter their production
ranks under far more favorable cir
cumstances than was the case with the
big producers of today, which are pay
ing untold millions to their stockhold-
erS.
The Great Verde Extension people
are concentrating their efforts towards
raising money with which to bring
property to point of production at
the earliest possible date, and, judging
from the air of energetic and enthu-
siastic optimism which prevails in their
general offices at Phoenix, it would
seem that they are meeting with sue
cess. They believe that the next sixty
days will see them fully financed, and
the REVEALING opinion seems to be that
they will be next in line" Great
Verde Extension should play an i'm
portant part in the future fortune
building of the Jerome district.
-O