The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-17
GREENWATER DEAL
SEEMS CERTAIN

A dispatch was received yesterday by
Messrs- Kirby, Lamb & Stoneham, says
the Tonopah Bonanza OF recent date.
which practically confirms the statement
published Dec. IL relative to the consol-
idaticn of important Greenwater proper
ties. The wire is dated at New YORK
on Dee II. although it was not received
here until today. According to the
dispatch the merger of the Greenwater
and Death Valley and the United Copper
companies should have been completed,
but the absence of telegraphic communi-
cation has prevented the receipt of in
formation relative thereto. 1t is also un-
derstood that another property of large
acreage and which adjoins the Green
water and Death Valley ground is likely
to be included in the deal
The Greenwater and Death Valley
ground is reputed to have the finest sur
face showing in the desert. 1t is COM
posed of about sixteen claims and seven
fractions The United in a measure sur
rounds the Greenwater & Death Valley
property and while not having so great
surface showing as the latter, never
theless the surface indications are most
promising. The United group consists OF
twelve claims and nine fractions.
The work on both snese properties has
been going steadily on and at present
on the Wanda claim of the United the
shaft IS down fifty feet the last fifteen
feet being in high grade ore. Work is
now progressing on double compartment
shaft that is being sunk on Copper Glance
No. of the Greenwater < Death Valiey
property The shaft is down 100 feet and
it will be timbered from the bottom up
A twenty five horsepower hoist is on the
ground and a galiows frame is being
erected. A fifteen horsepower hoist mas
been installed and a gallows frame erect
ed on Copper Glance No. 8. and they arc
now in operation The shaft at this
point is an incline one. although with the
installation of the machinery 1t is being
changed to a vertical one. A fifty-horse-
power hoist is being installed on the Cop
per Queen No. .. and before the end of
this month it is likely that all three
hoists will be i'm operation. Two twenty
five-horSepoW hOistS have been ordered
for the United Copper company. and if
not this month they will surely be work.
ing in January.
The well which is being driven is down
200 feet through gravel. IT is generally
thought that water will go deeper. 1t is
estimated that the flow which is ex-
pected will be amply sufficient TO supply
all the needs both of the Death Valley
and United companies.
This consolidation is of great interest
to many, especially when it Is consid-
cred that it was the organization of the
GreenWater & Death Valley Copper COM
pany that gave such an impetus to the
now famous copper district
When it is fully understood what are
the plans of the consolidated company
the great advantages of the merger Will
be quickly appreciated and the stock OF
present market prices
F. A Keith. president, and Donald Gil
les, vice president and general manager
of the Greenwater & Death Valley COM
pany, as well as Malcolm Mcdonald. pres
ident of the United Copper company, are
both in New York, and there is no ques-
ton but that they are back of this i'm
portant deal. The properties which were
recently asked for by Mr.. Giles of the
Death Valley company and Mr.. Nc
Donald of the United no doubt have n
great bearing upon the reported CONSOLE
da ton
There is absolutely no doubt of the
great values of these properties. especial
" the Greenwater & Death Valley 1t
was in connection with this ground that
W. W. Adams of the Furnace Greek Ok
ide company. an eminent mining engineer
of Butte, made The statement that If the
ore was found at the depth of 800 feet
the success of the district was assured.
and that GreenwateJ would be the great
est copper discovery IN the world David
Keith of Salt. Lake. a we'll known mining
man, recently stated that in his opinion
Butte and the camps of Arizona were
not a circumstance when compared with
the richness of the Greenwater district.