Bisbee daily review., 1918-07-21
HIGGINS LEASE
 BIGGEST IN ALL
 LOCAL HISTORY
Nerve and Business Acumen of Men Behind Work on New Glory Hole of District Will Net Fortune


 stand to make around s70o,ooo between (now and the expiration of their lease in February. In addition they will have the high satisfaction of making available to the government perhaps
 as much as million pounds of copper
 the month during the life of their lease-metal that is pure pickup in
 point of gain and is the sole outcome of the enterprise of a few individuals
 to take hold of opportunity.
 The biggest cleanup previously or record on a lease in the Warren dis | trict was that made by the Reed broth | CTS, reputed to have cleared S3OO.OOO on their Uncle Sam lead-silver lease
 on the Shattuck side of the hill from the present Higgins lease operations.
 The Reeds picked up their lease and won success under circumstances sim liar O hose which have won success
 on the Higgins.
 In both cases the outstanding feat ure is that opportunity comes along
 underground just as it does on the sur face: that the miner and mucker in the bowels of the earth is no more de prived of chance of making substantial headway in the world if his eyes are open and his faculties alert than is the merchant or the banker or the realty operator on top of ground.
 Some of the present Higgins leasers were miners in the Southwest mine of the Copper Queen property of the Phelps Dodge corporation. In pursu- ing their work out toward the Higgins line underground in the Southwest they saw that the ore they were work
 ing in and which happened to be eX- cepticnally rich was going directly toward the Higgins and after they pondered the matter a while, miner fashion, they had no doubt but that this ore did go into Higgins and that it was probably richer over the Hig- gins line than it was within the South vests limits. Their conclusions have been proven accurate.
 When they made up their minds that the ore did go into the Higgins they set about doing just what far sight ed real estate dealer in an expanding city would have dOne-acquired the ground in the line of improvement. In their case they got lease from Thom- as Higgins. millionaie owner of the property. Then they interested friends able to advance the comparatively small amount of money they thought they needed. But they had more driv- ing to do than they had anticipated and original funds were exhausted be- fore they got to the ore. It looked dis couraging and a few of those who were in on the original financing disposed
 At.z Fn of came necessary to get some additional funds into the proposition. The mon- ey was enlisted, however, from men
 in the district with extra funds on hand and the requisite confidence The leasers are headed by Albert Berg quist and Ed Stoltz.
 Thus far there is 9 feet of ore cut and the end not yet. How much there
 is above and below the level on which the discovery has been opened can be determined only by raising and sink ing. However, if the general eXperi- ence had with bodies of similar char
 acter in the district affords a fair line fer the making of estimate, there is probably upwards of thirty thousand tons of ore running around 4Ofc and for the average content of which 35'C is doubtless a very conservative esu-
 mate.
 The leasers are now shipping up-
 wards of a car of the ore every day. It runs better than 700 pounds of cop
 per to the ton, which means that if they suffer no interruption and are
 able to crowd ahead with their output they will make anywhere from SOO,OOO to 100000 pounds of copper the
 month. from which the richness of the ore in metal content should bring them
 with any kind of management 10 cents the pound clear profit. So 1t Is not ore that they have run into down in the corner of the Higgins but a regu- lar jewelry cache.
 Higgins Mining Company once own
 ed this property. Along about 19O2-3 Higgins Mining was a distinct craze ] in the Warren district and in other ] localities that were beginning to awake to the fact that the district had
 tremendous production future. Over million dollars was gathered and put | into the property. It got no results and when effort was ultimately aban- doned the Higgins was set down as out of the ore area and in the majority | opinion wholly worthless. Several | years later leasers took over the ground and working from the old shaft and tunnel found some high grade poe kets which have since been shipped from. In the last year there has been some more determined development
 carried on in the belief that a perma-
 nent ore body would be found, and