| Show NO IDEA OF LEAVING SAYS Utah Copper Company's General lien Gen eral Manager Will Remain in Salt Lake LIKES ARIZONA OUTLOOK Indi Indications Are His Syndicate Has One of Greatest Copper Mines S S I 1 have made no plans for leaving Salt Lake now or OP at ut any future tulle time wild I IX C. C Jackling yesterday when asked concerning tho report printed In California nia newspapers The Lo Lo 2 Angeles newspaper men evidently tool took it ft for granted that thai because I am ani Interested In the purchase of mines in lit Arizona I 1 would give up tip my position here but the fact is that nothing has heel been further from my 1113 mind Mv Iy po position po- po with tile tho new companies will willbe ill be a consulting position only Mr Jackling has just returned front from ho he and other men prominent in the Utah Copper company com Coill- I pany closed the tho deal for he 1110 Kay Itay and Cavanaugh mines The Cavanaugh group was purchased outright out out- right lit by them and will be operated by the tho Gila Copper company while thi ho Ray Kay mines were taken over by buying the tho control of the Hay Copper company The mines will be le operated by the tho two companies although tile the ownership and management of both will be virtually tile tho same TIle The combined estate of tile the companies COn com panics comprises about 2500 acres acre of ground which Mr Tackling says has the general characteristics of the tho copper deposits In porphyry the tho same second enrichment ein found The Hay flay mine has tons tolls of two and a half per cent copper ore oro in sight while n a series of 2 or 10 shafts covering n district two QUO and WId has tapped a at of about lt the grade racie as that hat blocked out Will Us-c Us Steam Developments so lO far made Indicate that steam shovel operations can ho hl employed to fully as good advantage as fit cit Bingham anti and it is the intention of the syndicate to push development on a large scale An All old mill on the ground will be rebuilt and enlarged al at once for the treating oC of tons tolls of or ore a lay day from froni the tho group of claims adjoining ad ad- joining owned by the tho Alexandria Alexandria- Hercules Co company the tho syndicate owns virtually alt all of tho copper hi Iii hithe tile the district There are arc some somo lead lead- silver in Ill tile the vicinity The Tho district dis is only 20 miles from Globe Ariz and Is In the tho same general mineral min eral one With present Indications borne borno out Mr Mt says there is no doubt that his syndicate has one of tile the greatest copper propositions in hit the tho en- en fl- fl tire lire country |
