The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-07-03
MINING AND
OIL NOTES

The Val Verde Development COM
| pary. which q recently been In
corporasec - making plans for the
drilling OF a well some 10 miles north
east OF sccorro on the Ia Jcys grant;
The company has acquired control
OF 10000 acrcs OF and In that sec-
tien. and an Investigation OF Tho geo
logical structure by Professor Wells
OF the State school OF Mines and other
kcoloEists from Texas and Kansas
City gives the promoters hope that
OIL Will be struck az q depth OF less
than a.oeo feet,
what appears 20 be a very rich
strike Of gold ore has recently been
made In the old Reservation" mine
at Gold Hil. near Loreshurg. n. NJ.
by n. o. Hlldahi has been driving
an extension OF the old tunnel for
the past i15 days, n was rewarded
for his efforts recently when he
struck a ~twelve-inch vein OF very rich
Gre. In many places Il In possible 20
see the gold with the naked eye. The
tunnel Is now In Ito feet.
Development work on a small scale
has been begun on the Norman
King mine. nSar Duncan. n. NJ. by
H. W. Evans. who recently secured
a bond and option on the mine. II
n expected that the work will soon
be sufficiently developed that II Will
be ready 10 block out ore for ship
ment.
A complete test OF the oil fields
In the neiGhb0rhood Of Magdnlenn will
be made as tive companies have con-
picted the preparatory work for the
spudding In OF two new wells. The
Data oil company have finished pull
ing the casing from Daui wen No.
l and have moved their rig to the
Redemann lease in the Taehado
-neighzorhood. and state that they are
prepared 10 drili 20 any depth. until
they find OIL" The new well will
b. about seyenty-seven miles north
west OF Magdalena, The new loca-
ticn has been favorably reported by
. number OF biologists who have In
v~estigatcd the location for the oil
company. The Price interests are al
~ preparing TO sink a deep test well
on the la Joya grant. thirty miles
northeast Of Magdalena. Other tests
will also be made In the district
around Magdaiena this summer.
The American Fluorspar Ore COM
pany. which has purchased the nuor-
spar deposits on ToFtugas mountain.
five miles from Las Cruces has re-
Gently completed the erection OF a
mill for reducing the ore to a powder
for shipping. The plant consists OF
a crusher. eight jiEs. and a grinder.
The mil will obtain It's water from
the pumping plant at the agricultural
college. and it's power from the Las
Cruces Electric company. The mill
will begin Its operations this week.
Important development work Is 20
be commenced shortly on the New
Dominion mining property near
\ A.AaA.sw2 a. xsa aaaCunaaA WCgAne.
after an inspection trip over the
property by II. 4. vandrun OF San
Diego. California. The present shaft.
which now stands at a depth OF 500
feet will be deepened TO the i40o foot
level. and several thousand feet OF
drifting In TO he done. Cross cuts
will be made 20 the four large veins
which engineers have located positive
ly. The property, which was former
~ known as the Old Mallory mine.
has been closed for some time. owing
to war conditions and strikes. but
capital will be brought in
20 the company by the transfer OF
600. 600 shares Of treasury stock into
Class A.
The Organ Ore Reduction company
has recently made all the necessary
arrangements for the reduction plant
Il In building in las Cruces, II
was announced recently by an officlal
OF the company. The liant. which
In already partly constructed VIII be
to completion. and IL Is eN
that Il will be In active opera
ton by the first OF the year.
Otto Fellln. president OF the Corona
TularoEa Basin Oh association. re-
ports hat work has been resumed
II h test well at Duran, after n