OCR Text |
Show !BIG GOPPEH STRiKE ' in Mm my President of Company Wires News to Central Offices in Los Angeles. , The Arizona Ray Copper company yes terday sent over the telegraph wires the ; following message to The Tribune under a Lus Angeles date line: Arizona Ray Copper company has struck tiie ore. Dispatches received here today from V. A. Sluari. president presi-dent of ttie company, whu has been on the ground for s-une tunc, brings the mucb-lcoked-fnr announcement of lug coppf i- strike in the Ray district. Mr. I Stuart's eaily uiie s.att-s timt diill 1 No. I dl a depih of 40 feet is now j in ore showing good percentage of epper. Drill No. 2. now in aciam, is j working close to drill No. 1 in a cop-I cop-I per-be.nng schist formation, accord-, ing to wire, identical to copper-bearing blanket formation opened in Ray Consolidated Con-solidated and Rjiy Herciilet;. Lire bodies of both R;ty Consulidaied and Kay Hercules have been originally proved up by churn' drilling. and striking of ore by Arizona Ray assures a third big copper mine in the district. dis-trict. On all three sides of Arizona Ray ore bodies have been developed and ore is being extracted in the same blanket formation that has just been exposed in Arizona Ray. Theories of Enginf-er Hiatt, who was chief engineer en-gineer for Ray Consolidated during six years of its development, and Engineer En-gineer Fredrick E. Young that Arizona Rav. with an expenditure of proper sums for development, would pro;e a big mine, are correct. Mr. Hiatt has been very confident that ore budies of Ray Consolidated j and Ray Hercules ought to extend underneath Aiizona Ray ground and j (hat drilling operations would prove I Arizona Ray ground is equal in value J to its neighbors. The ore shoot of the Ray Consoli- 1 dated has been traced for more, than j louij feet on its strike and it is believed be-lieved that it extends into the central holdings of Arizona Ray ground. )n view of this fact, the working shaft is now being sunk by the Arizona Ray near the exposed edge of the blanket with a view of tapping the- ore at a shallow depth. The Ray Plercules is steadily adding to its ore reserve and has four churn drills continuously in operation with two diiils in action on Arizona Ray ground, and the third ordered. .Operations of this company will be rushed with all possible speed. |