Mohave County miner., 1914-10-24
Largest Body Of High Grade Gold
Ore Which Has Been Uncover
ed in the World.
Dividends are Six Per Cent Every
Month on the Par Value
of the Stock.
Six Years Ore Blocked Out and Now
Actually in Sight in this Great
Property.

paid 6 per cent per month on the par
value of the stock.
This is indeed wonderful property
and it has no equal on the face of the
earth. 1t was number of years and
hard work before this result was at
tanned but now it is beyond the stage
when you can figure out exactly what
is its future for every foot of develop
ment discloses strong shoots of gold
bearing ores and these ores are uni
formly of exceedingly high grade.
Today, and for long time past, from
12O to 14O tons per day has been the
yield and every month the shipments
have returned cool 100, OOO$ in gold
bars.
There is 1900 feet of underground
work on the property.
Something beyond the comprehension
of the ordinary man is u per cent per
month interest on the par value of the
stock, yet this is what the great Tom
Reed mine is doing right along and will
continue to do positively for the next
six years and probably very many more
six years. Ore is blocked out to pay
dividends for six years ahead and there
is every indication that they can be
continued indefinitely, for the ore is
better in depth than 1t was in the up
per levels of the mine.
The greatest depth yet attained is
$50 feet and the enormous shoots of
high grade gold ore on this level fully
warrants the belief that these values
will go much further into the very
bowels of the earth.
The fact is that Mohave is indeed the
Land of Gold, for our gold mines are
beyond compare, being the richest,
longest and most persistent in depth of
any region on which the sun shines.
And it is conceded as fact that the
zinc product is the very best ever un-
covered. And when the copper and
lead deposits are thoroughly exploited
we can point with pride to this mineral
also. Already there are several big
copper mines in the county and lead is
opened up in number of fields.
Wars and rumors of war do not ma
terially affect our industries and we are
almost self-sustaining within our county
limits.
Men may come and men may go but
the Tom Reed goes on forever. 1t is
lasting monument to the energy and
ability OF the practical man.
Following is the personnel of the
management of the Tom Reed: Chas.
Grimes, President and Treasurer; Chas.
Mushrush, Vice-President; w. j. Law
renee, Secretary; S. S. Jones, General
Manager; b. l.. Lunceford, Assistant
Manager and Superintendent of mill; S. |
r. Reeves, Assistant Superintendent
and Auditor; VIM. H. Flanagan, Mine
Superintendent; J. d. Sperr, Mining |
Engineer; j. S. Withers, Bookkeeper.
What is known as the Golden Eagle |
group consists of three full claims and .
several fractions. This ore shows much |
free gold in the paintings. There is
oae shaft down so feet, two 80 feet
each, one II feet and number Of open
cuts. Right on the surface assays .
were had showing values of 6$ in gold |
per ton. The veins run from to II
feet in width and carry values as high
as 250S per ton. Of course this is not
an average but several assays running
from 250S to 72.60$ have been had.
There is one true ffssure vein which /
is 100 feet between walls. This big
gold property is owned by Eugene Allen
Bassett and Ed. Shotmiller. These .
people also own a claim which shows .
ore carrying aluminium, magnesla, .
silica, gold, and other metals and assays
have been had showing gold values as
high as 300$.
j. F. Coffey, owner of the La Fortuna
group, in the Oatman field, and south
of the Gold Dust, is developed by two
5O-foot shafts and tunnel. There is
an enormous shoot of excellent ore un
covered, which carries gold values of
from IS t. l2S, and the vein is from
2 1-2 to feet wide. This is one Of the
very best pieces of property in that
section.