The partners sold an interest to Willis George Emerson, who raised investment funding for improvements to the mine.

However, even with copper prices peaking in 1907, the company had difficulty making a profit from the remote mine site.

The company was over-capitalized and under-insured and was suffered devastating fires at the mine site in March 1906 and May 1907 which halted production.

FHMC has plans underway and in process to place this very rich mineral property back into production in the very near future.

Current in-ground asset valuation for its in-situ reserves and down dip potential resources are estimated at more than US$9 billion.