Show ARIZONA completion of the sinking contract or of the junction shaft to a depth of 2385 feet gives the calumet and arizona mining company the deepest working shaft in the warren district the old silver king mine Ari zonas oldest silver producer which has paid millions in dividends has seen its finish creditors have received an order for its sale the cliame aggregating among the prominent men visiting mohave county the past week was william P steele vice president of the foundation company mr steele while here went through the katherine mine and was more than en thu lastic in praise of the katherine section kingman miner word received from A C werden at gold road is to the effect that the vein on the gold ore has been cut by the crosscut on the and shows a width of nine and a half feet assay returns were not available but bannings pann ings show a value of 15 to 20 in gold and 20 to 40 in silver A special stockholders meeting of jerome verde copper company will be held in phoenix may 5 to ratify sale of the property for to jerome verde development company a new corporation corporate corpo rati on to be organized with an authorized capital of 1500 shares of 50 cents par value exchange of one share of stock of the new company for ten shares of jerome verde copper and the delivery of an option to purchase shares of jerome development company stock for by united verde extension mining company which will develop and operate the property now that new electrical machinery h has as been installed at the kay mine near canyon a plan of development work to cover several years has been inaugurated under the direction of P L woodmen goodmen Wood men superintendent band and john P ross mining engineer and geol 1 ogist no attempt at ore production is bein being el made dade by the company at present the full f torce force of thirty men being employed on the I 1 loument envelopment lop ment project A new vertical shaft is being S sunk and has now reached a depth of about feet it will be finished at about fethe feet 1 kay mine is the property of chekay the y copper mining company |