Nogales international. [volume] (Nogales, Ariz.) 1926-1979, 1926-09-05

mercial methods; mining, reduc-
ing and shipping facilities. 1t is
not the amount of work done, or
to be done, in development, that
determines the value of a mine, or
the validity, of a mining enter
prise. The same amount of work
already done, and suggested, on
the Buena Vista and King-Hud-
gin groups, would if done to the
best advantage on the Red Noun
tain, demonstrate 100000 tons
Of ore, instead of the 475,0 tons,
en- the Buena Vista, and King
Hudgin Groups.
"Instead of being "an offering
worthy of favorable considera-
ton, as a reasonable risk, THE
RED MOUTAIN, is NOW DE-
VELOPTD, to an extent, that
there are at the lowest calcula-
ton. SIXTY MILLIONS of tons
ore, demonstrated, and measure
BILE; ore of value and character
that can be recovered by either
Of two most efficient methods Of
recovery; the metal values that
can be recovered, are of such net
value, that there are now, at the
lowest fair estimate, ONE HUN
DRIED FIFTY MILLION OF
DOLLARS pure clean profit in
sight. An additional tunnel, to
be driven from a site $50 feet be-
low the lower tunnel, will de-
monstrate and make measurable,
an additional 25,000,000 tons of
ore.
"With this addition to the ore
already demonstrated, there will
be almost 9O,000,000 of
tons Of ore, in reserve and avail
able. In making this estimate, I
assume that the great quartz
monzonite intrusive ore body, is
but half as large as the three diff
ferent biologists who have ex.
amined this mine, have estimated
it to be. If the dimensions as
sumed by these famous biologists
were used as basis of calcula-
ton in this report, the estimated
ore reserves now available, and
which will be available, after
driving the lower tunnel suggest
cd, would be doubled, and we
would haye almost TWO HUN
DRED MILLIONS OF TONS OF
ORE, above the lower tunnel.
when it is considered that the
average metal content, as proved
by careful sampling of the en-
tire product Of the lower tunnel,
IS 2A copper, and 2 ozs. of sill
Yer, per ton, a total value, of
over So per ton, at present prices
IF the metals contained, it will be
realized that the KINO COPPER
COMPANY, has one of the most
valuable mines in the world, and
chat when equipped with an
adequate reduction plant, will be
able to produce, for several gen
erations, annual dividends, equal
to the original investment for
their stock, on the basis at which
it is now selling.
"After several visits to your
mines, I am making the foregoing
suggestions as to. the mode of
further development, also the es.
innate Of the ore reserves in sight
and to be proved by the develop
ment work suggested.
81 also estimate the amount of
profits that can be realized using
as basis for the estimate, the
facts already available, demon
strated by the most successful op-
orators in the copper mining in
dustry.
"The conditions for mining and
reducing ores, at a minimum cost,
are here unexcelled in any mine
in the world. The character Of
the ore, and the occurrence Of the
copper, is of a physical condi-
ton, most favorable for recovery.
There are no untoward or unfa-
vorable features in the Kino Cop
per Company's future develop
| ment or operation.
Sincerely,
J. L. SHEPERD, M. E."
a