RI 4010 Jones iron Deposit, Socorro County, N. Mex

C. R. Keyes, F. C. Schrader , F. A. Jones ( the first director of the New Mexico School of Mines , whose name was given the deposits ) , and N. H. Darton all described the Jones iron deposits within a decade after their discovery in 1902 . The earliest locations now on record were made in 1927. Interest in iron ores was revived during the second World War . Paul E. Pesonen , of the Bureau of Mines , reported on the deposits in December 1941 and proposed an extensive exploratory program . In March 1942 , the deposit was reported upon by C. H. Johnson , also of the Bureau of Mines , and a definite program of exploration was outlined .