Report on Mardun Company lease, Coconino County, Arizona
Two years ago the lessees of the property described herein, approached the reconstruction Finance Corporation in San Francisco related to a mining loan for the purpose of mining and milling low grade copper ore by means of a new process. At that time this process was in the experimental stages, and they were informed that further development was recommended in order to qualify for government aid. The process has since been developed to a practical working operation, under the direction of a competent metallurgist, at an expenditure of some $40,000.00. The applicants feel that they are now prepared ...
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