The copper era and Morenci leader., 1918-04-12
NEW MINE LIKELY
 LAz|NSKY MAY SELL


 ENGINEERS HAVE MADE }INvESTE
 GATioNs-$300,0 900 OFFERED BY GUGENHEIM INTERESTS FOR VALUABLE CLAIMS.
 In recent issue there appeared an item in the Copper Era stating that ,, certain gentlemen had been in this district looking into the Lazensky min ing property, situated between Clifton and Metcalf, who were investigating for capitalists who were contemplat- ing taking over the property and de- veloping it. At tha time this paper was not informed in whose interest engineers were working. Later de velopments establish the fact that they were here representing the Gu genheim inerests, whom it is known have made an offer of i $300,000 for this property. This offer which was made before the last visit of the en- gineers here, was refused by the own CTS. ,s-s -,t(.,.,--, ,-...., ,4,.e. ass.5. ss
 Since then Messrs. Haaeltine and Cohen, those. referred to above, two experts in mining and minrals,. have been in the district and have made an exhaustive investigation of the property and those who are, informed say they were favorably impressed The same authority stated he believed the buyer and seller would get to- gether on this deal, and that 1t would be consummated. Also if the deal was closed that it would mean more to this district than anything that , could happen right now. The most prosperous season for mining camp IS during the construction period, and If the new people take over this property then extensive developments will be commenced as soon as possi- bleT A concentrator plant of large capacity will be put in to handle the low. grade ore, and it is even reported that the mill site has been selected.
 Of course these facts were not given to the Copper Era, but were obtained by a gentleman who is in position to know, and it is hardly possible that such details would be mentioned un. less 1t, was pretty certain that the deal would be made. t9Fra
 This would mean another strong mining company for Clifton, and aA additional population of Several thotise. and. This paper knows of nothing right now that could come ourway that would so materially enhance the importance of Clifton as the consum. 'mation of this deal, and all hope 1t will be put over.
 The development of this property would cause the consolidation of Cliff ton and Metcalf, and it would be the proper thing to take in our neighbor as part of us, as the two towns soon would merge, and then it would be Greater Clifton.'' ys,
 Claims Now Leased by christy.
 For some time past this property has been leased by John Christy, who has been doing some de1elopment work and has taken out considerable ore. While his means have been limited. and he has been operating on small scale. yet those who are in a position to know say he has done fair. ly we'll iff
 The Lazinsky mines were located by MT. Isaac Stephens over twenty years ago. who sold the claims to MT. Lazinsky soon after their location. MT. Stephens maintains that.T-this property is the best mine of low grade copper ore to be found in Arizona, and is confident that it will prove good paying investment if properly developed. It is said the ore will run three Der cent. and is exhaustible. The property is situated on the rail- road, and is of easy development, this will materially lessen the primary cost which is often very, heavy in onening new aines in this section of the country
 MT. Stephens is no novice in the mining game, and knows pav dirt when he sees it. He stated that he discovered and located the Copper King mine in 1888, which he sold soon after. for as he stated "he discovered it about twenty years too soon At that time here were very few rail- roads in he state, and the nearest market where he could sell the ore was Buffalo. IN. Y. To that place he shipped ten tons from the Copper King. packing the ore down from the mines. and hauling it by wagon to 1'ordsburg. then the nearest railroad, from which place he shipped it to Buffalo. The freight was necessarily very high. and to get the ore to the railroad was an expensive proposi- tion. Yet after paying all expenses he stated that this ten tons netted hun somehing over $500.
 lazinsky Owned Claims 20 Years
 Notwithstanding the property has been owned by MT. Lazinsky for the Dast twenty years he has ddhe noth- ing to develop these claims. It is not anticipated that he will refuse the offer that it is believed will be made by the Gugenheim people, as he has derived very little revenue from the output since he has been the owner.
 The fact that the prospective buy CTS are seriously interested is evidenc- ed by the last visits from the experts, who spent considerable time out there making exhaustive investigation, and it is known that the engineers are faVPrably impressed with the claims as paying proposition Every one who were in position to know be- lieve that the engineers have made a favor table report, and it is not like l5: that the iratarastsd .s,;tis,s.