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Show COPPER CLOSE NEWS (Special correspondence) W. C. Tracy, an expert minerallogist and chemist, has just returned from a I trip to the Copper Globe mine, which j impressed him very favorably. In fact, i it would so impress anyone to see a half J million dollars lying on the ground and upon the dump a small estimate, according accord-ing to Mr. Tracy. Mr. Tracy has followed the mining business the greater part of his life and ! ought to know what he is saying when he makes the statement that the Copper Globe is the greatest undevelope I copper cop-per mine in the United States. Mr. Tracy has a patent on a chemicil solution and mechanical apparatus combined com-bined with which he can treat l1, per cent copper ore at a profil. The plant would cost in the neighborhood of $5,000.00, and when completed would treat ten tons of ore per hour or one hundred tons per day. We know that this is not a lake bec-iuse we saw him I take some sand rock in which could be seen but traces of copper and when he ground it up and put his chemicals on it ; we could see the copper and the sand separate, and, after giving it a few ; washes, he had the copper which he pronounced 99 per cent pure. When asked why he did not go to some large smelting concern and take a contract with them, he stated that he had been negotiating with one outfit and they had tne'd to get the best of the bargain and had given them up. Charles Maynard would not give any definite answer when asked whether he had entered into a contract with Mr. Tracy or not, but we hope thao they may come to some agreement, because we know that if one mine is operating on a paying basis that it will cause ore to be developed in the near future, also bring capitalists into this country which we are sorely in need of to develop the unlimited resources of the country. The wood contractors left the forepart fore-part of the week to supply wood to the furnaces that have been erected upon upon the Globe property, and Mr. May-nard May-nard has quite a bunch of Ferron people working at the Globe all the time. |