Show ARIZONA jerome mining news at the decatur during the past few days superintendent owens has been overhauling and resetting ithe machinery but has again started development they continue to take down some high grade ore every foot of work on this property increases its value prescott herald joseph hicks formerly of rat RA portage northwest territory arrived in prescott saturday night coming to arizona ifor for the purpose of taking charge of I 1 the work at the home run mine on groom creek recently purchased by douglas lacey co mr air hicks comes here with the best of recommendations backed up with years of successful P saul mining operations the home run will be developed as rapidly as possible kingman miner colonel H G heffron formerly of salt lake city but now on the gold road is in kingman having made an examination examinA examination ion of the new gold fields he believes that along the lava con conje ct great ore will be found when active development is commenced on the mines he calls the new ore pegmatite in this ore the mica has been replaced by magnetic iron a common occurrence in volcanic countries colonel heffron is one of the brightest mining men on the coast and his views on the new gold field are worthy of attention prescott herald J W roberts capitalist of parkersburg W va accompanied by dr H B stout of same city arrived in prescott last evening mr roberts is prominently interested in the alto gold mining company which owns sixteen claims in eugene gulch big bug district this property was sold last fall by mr M R parker for part of which has been paid considerable sid erable development has been done on the property exposing enough ore to warrant the installation of a reduction plant among other things the occasion of mr roberts visit at this time is to inspect the property with the view of introducing the above improvements in the near future jerome mining news A telegram from kingman says that one of the greatest gold excitements excite ments in the history of arizona is now on at that place R A curley a mining man from denver a few weeks ago discovered that great reefs of what was supposed to be granite three miles south of kingman carried values from 10 to to the ton in gold he associated with him M 13 carpenter and sullivan brothers lawyers and bankers of denver and purchased the ground from G C davis for a large sum hundreds of men are out in the gold fields and and many rich specimens of gold are being I 1 p panned anne d from the sands the whole country for miles north and south of the santa fe railroad is dotted with location monuments denver and idaho mining men now on the ground say that the field is far ahead of cripple creek or even the great blanket deposits of south africa and predict that kingman will be the mining center of arizona in three months lordsburg Lords burg liberal the shannon company is smelting smelling sm elting daily tons of high grade ore and the concentrates from tons of the low grade ore that are daily put through the concentrator making between fifteen and sixteen tons of 99 per cent copper the mine superintendent says he can produce this amount of ore for an indefinite period the company has a store at the mine also one at the smelter the profits from which are expected to pay the interest on its bonds it has just retired of its bonds bought in the open market according to its bond agreement it has to retire worth of the bonds each year in a general way the Shan shannon chanrion rion is producing between and pounds of copper a month which costs it in new york 8 cents a pound and sells at the price of electrolytic copper in may the net earnings of the company were between and |