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Show HiBMAQE ORE M THE MEXICAN Telegram Brings Nows of S80O Rock in Company's Properties in tho South. A message received 'in this city yesterday yes-terday from the management of the Mexican Mining and Smelting companies' com-panies' properties at GuanacevI, In the State of Durango, Mex., advises Hon. E. 1j. White that a twelve-inch streak of ore just uncovered reveals an average aver-age of $S00 per ton, while two feet of ore innriothor portion of the new company's com-pany's domain shows nn average of $125 per ton. His labors In this locality lo-cality completed Mr., WJiile "will depart de-part for the Southern camp exploited recently In such' favorable words by Frank Morehouse after exhaustive examination, ex-amination, accompanied by engineers who will at once begin the completion of plans for an up-to-date concentrator concentra-tor .with which to reduce all ores of a valuation ' less than $100 to a high-grade high-grade concentrate. Meanwhile the management will ' forward tho high-grade high-grade ores to the furnaces ,of the custom cus-tom smelter and from tills source alone a fund for equlpmental uses is assured. While the mines of the Mexican company com-pany are distant sixty miles from transportation at present an all-rail outlet is promised before tho expiration of a year by a wealthy New York syndicate syn-dicate which recently acquired several hundred thousand acres of timber land in that region and over which the new company will find transportation for its ores at greatly reduced cost. In his report Mr. Morehouse, one of the most conservative of expert mining men. says that exposed In tho company's com-pany's groups of mines at this time and above a maximum deplh of 225 feet aro ores of the value $1,120,000, while upon the ledges the company has no less than S000 feet. Tho undertaking undertak-ing is one of the rare things that American talent has snatched from the mineral-bearing regions of tho neighboring neigh-boring republic, and on the Morehouse findings not a few Salt Lakers have sought to interest themselves. Tho latter, who recently left Zion, is now at camp organizing for a campaign of I most energetic development. |
