Prospecting And Estimating Ore

ONE of the fundamental reasons for the extreme rapidity with which the Porphyries developed after the trail had been blazed at Bingham was the amenability of the deposits to prospecting and proving of the ore either by churn-drilling or by diamond-drilling. At Ray churn-drill data formed the principal basis for early calculations of ore reserves; and in 1913, Inspiration floated its first bond issue for $6,000,000 on the strength of the estimate of 45,000,000 tons of sulphide ore assaying just over 3 per cent copper. The money was obtained in spite of the fact that no one ever had actually laid eyes on more than a minute fraction of that ore. The customary method of developing a copper deposit before the Porphyry era had been to sink shafts or drive adits and then to follow and expose the veins or lodes with horizontal and vertical underground workings-drifts, crosscuts, raises, and winzes. The excavated material sometimes was sampled in bulk; but always the walls of the openings would be channeled at intervals to obtain small samples representative of the ore left in place. This process was known as "blocking out" ore. It was costly and it required a great deal of time to prove the existence of immense tonnages. The early development at Utah was done in this way; likewise, at Miami. This fact helps to explain why only 3,000,000 tons of ore was reported as being developed when J. Parke Channing wrote the report on which the original Miami financing was based in March, 1908. Fortunately, his 3,000,000 tons averaged 3'per cent copper. At Ray, Seeley W. Mudd estimated 3,000,000 tons of ore in June, 1908, developed principally by underground working; but by the end of 1909, Henry Krumb was able to report 50,000,000 tons as the fruit of a little more than a year of churn-drilling.