The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-06-26
MINING AND
OIL NOTES

OIL NOTES
A syndicate has been formed In
inent mining men 10 take over the
Last Chance mine near Lordshurg.
New Mexico. The syndicate has a.
ready Subscribed enough money 20
DO several hundred feet OF develop
ment work. and ~ the ore shows a
sufficient quality q new plant OF ma
chinery n a new mill will be In
stalled. Two shifts are now al work.
driving both east and west on the
bottom level with good results Since
the first day OF May the mine has
been ~unwatered. cleaned out and
sampled.
c. w. Mitchell. In charge OF the
volcano" mining property near
LordsburE. recently received repo-ts
on eight specimens from the new ~
foot ore body in the Volcano" The
following IL the report on the sam
SO. !. min are. gold ,s.so. silver
10 I min ore. gold ',.so. silver
No. s not assayee for gold silver
IA ounces.
No. 4. mIIi ore. silver ss.s ounces.
No. 8. horn silver ore. gold $500.
silver l1os.4 ounces.
No. 9. shipping ore. silver 20,
No. !. silver chloride ore. silver S..
No. q. horn silver shipping ore.
gold ns.oo. silver $40 ounces.
IT. c. Waiter. president and general
manager Of the Cooperative Mining
- 49, MI -
tary-treanurer OF the same company.
have left for New York on business
connected with the mine. They will
be away several weeks.
James C. Chino. a well known min
inG enGineer OF Los Angeles and .
former resident OF Grant county. New
Mexico. was instantly killed IN an
auto accident near Keller. California,
recently. Chino was manager Of the
Cerro Gordo mine AZ Keller. and was
well known In New Mexico minins
circles.
Examination by washington off.
cials Of clay in the 'red bed" region
Of the Texas Panhandle and eastern
New Mexico has revealed the fact
that this clay II very rich In potash
In some places running a. high a. II
per nj whether the deposit Il
thick enough 20 make production OF
a large scale profitable i not .yel
driliings. eighty miles apart. show re-
sp~ectively > and 10 per cent OF p0tasl
In the clay. The g~eoiogicai survey
which has been conducting the ex
~perinents. II unable ~ yet 10 "A,
what the thickness OF the deposit
may be. In the first instance. I'M
Bryant well In Midland county. Texas
49,. AAA~mIa - nw.gu HE aga r4anWg NHnr
a loot thick. In the other. however
Il h impossible 20 say what the thick
ness IL. The deposit probably ex
tends into New Mexico. according 4
the geological survey. and n the de
post II Of sufficient thickness vii
make the United States independent
OF foreign potash producers.
Two carloads OF ore from the Vol
cano mine have already been shipped
20 the smelter In NJ Paso. foliowinl
the sensational discovery OF sive
ore OF high quality on the mine prop
srty q short time ago. A few year
ago. according to the silver City I'm
terprlse. the ore body which has bee
uncovered on the Volcano propert0
would have Gauss a stampede from al
parts Of the southwest. The Vol
cano property has been a puzzle {
mining engineers, the rich vein b
ing marked on the surface OF IN
ground for many miles. yet shown
J on mining a remarkably poor DUAL
=. ity Of ore. Many BIOLOGISTS and min
ina engineers had tackled the prob
lem Of finding the main body withou
success, until the secret was hit up0l
: hy G. w. Mltcnell. the present man
ager Of the mine. The mine had no
been operated previously for NOR
: than so years. The manager OF IN
. -. ~ .n.a ote...a hcwrower h
the fact that n large body Of fairl
I high-grade ore seems 70 underly IN
BONANZA ore. Mr.. Mitchell would Pre-
fer a long period Of steady mining a
. a fairly large profit than a few week
. Of tremendous profit followed BY
shutdown. which 20 often happen
! with the onanz mines.
a Preparations are being made by N
3 Val Verde com pany 10 start drillin
: for oil on the Ia Joya grant. abo'
q 70 miles north OF 80corro. A derric
Ia now being erected at The spot.
! Copper production for May has be-
estimated az ~ million pounds. a Dire
Of ~ million from the April produi
4 ton, and operators expect a furth'
drop In June. Mining ter expes
however, that with improved final
cial conditions IN Europe the demaf
. and the production VIII Increase.
r the first i've months OF the presel
year the Copper Export associate
. sold 1io million pounds Of coppl
n abroad.
For the first time In more than
. years. the Volcano silver property
= Stems Il again making regular o.
/, shipments. The mine was receni
! taken over on a lease by e. ,
= Mitchell. and he has opened up ~
eral veins which have made a ,
> markabis showing IN assays. The O
IL being hauled by truck for arv
q miles 10 the railroad. where II
shipped " the emQlter ~ NJ Ease,