American Flag Mining Claim
Arizona Gold-Silver-Zinc Mine For Sale
Summary
The American Flag mine was discovered in 1874 by W. M. Shoulters, who is said to have sold it, after working it a short time, to John Pemberthy, William Richard, John Corin, and Joe Prisk for $25,000. These men developed it principally by adit drifts. The water level is said to lie at about 700 feet below the surface. The mine is now owned by a company of which John Pemberthy and H. H. Watkins, of Kingman, are members.
The country rock is granite. The main vein is from 1 to 4 feet in width, and the ore shoot is said to be relatively large. The ore contains principally antimonial silver, some gold, and a little zinc. Much of it is rich. The production is reported to be about $400,000, sold from the mine, in ore that averaged more than $100 a ton ($100 in 1909 adjusted for inflation equals $2,517). For 21 tons of the ore from the lower part of the mine shipped to Swansea, Wales, a net return of $11,500 is said to have been received.
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