OCR Text |
Show MAGMA FIDS RICH OK JIB POINT Chalcocite Resources Are Not Confined Entirely to Depths of Property. A highly Interesting development Is reported re-ported on the Magma copper mining property prop-erty of Arizona by Fred A. Fllndt of the Gunn-Thompson company, who has returned re-turned from a several weeks' stay In Now York and Bostcn. Some time ago tho Magma management ceased operations opera-tions at depth until the new equipment ordered could bo received and Installed, and work for tho tlmo. being was oon-llned oon-llned to some of tho upper levels, tho 500 In particular. Previously, tho 500-foot level had shown carbonate ores only, tho high-grade chalcocite chal-cocite resources not putting in their appearance ap-pearance until greater depth was gained. When this new development was planned for the 500 the company had learned mor of the ore system through tho results re-sults on tho 600 and S00 levels, so Httln time was lost In securing results. On leaving the New York Mr. Fllndt loarned that tho new 600 work was Just breaking Into a high grade chalcocite ore body, there being a full face exposed averaging 50 per cent copper nnd 100 ounces silver. Some of this oro extracted in development is being prepared for tho market, and It will bo the richest lot ever shipped to the smelters by the Magma company. When the equipment Is ready for operation oper-ation tho management will begin to sink to the 1000-foot and deeper levels without delay from the S00 At tho latter depth the richest body of ore hi the mine has boon exposed for a groat distance, the last 280 feet of drifting having proceeded In an ore body averaging 20 feet in width, all very rich copper and silver ore. It Is this SOO showing that, brought to the Mngma property the distinction of being the richest copper mine In the world, and tho management Ik enhancing thin prestige pres-tige with each new woeU's work. The now equipment Is some of the most powerful procurable, consisting of hoist, pumps, compressor, olc. With a bit more development work the officials will take up the transportation question of this organization, or-ganization, and a railroad will either bo extended to tho mine or an aerial tramway tram-way Installed across the mountains to Ray, |