El Paso herald. (El Paso, Tex.) 1901-1931, 1915-12-08
OATNAN BOOM
IS CONTINUING
Well Financed New Compa-
MES Are Entering the
Mohave County Field.


San Francisco mining district. 26 miles
southwest Of Kingman, a marked in
crease in operations. New companies
organized during the last so days are
getting financed in excellent fashion
and plan to inagurate work upon an
extensive scale within the next so days
The result being obtained by the ac-
tive companies in the various sections
Of the camp and Nohave county con-
tinue to attract the attention OF min
ing men and capitalists and. IN con-
sequence, the stampede is daily grow
ing in volume; indeed, 1t would seem
that the mining boom is just now get
ting well under way
In Oatman and the various other
camps reached from kingman and IN
Kingman itself accommodations for the
fortune seekers are at premium, as
a result of which there is great build
ing activity
The United Eastern management is
proceeding with new development work
incident to the plan of operating its
famous property upon a gigantic scale.
The new vertical three-cOmpartment
shaft has attained depth Of 90 feet
on its way to the 600-foot point and
gravity feed bin, capable of holding
zoe tons of ore. is being erected above
the collar When the smart IS com
pleted it viii be used in hosting the
output of the immense bodies Of ore
that have been opened up by drifts
and crosscuts tributary to the present
565-fOot working shaft For the
present. work on the sos foot level
Of the old shaft has been stopped and
the machine drills that have been do
ing service at that depth have been
put in use on deeper levels
Big Jim Again Prominent.
The Big Jim has again come into
prominence through a lind that gives
nH# . D
DEVELOPMENT with further work The
shaft on the property recently reached
the 4OO-foot point. and general super
intendent Heating decided that he
would put in one round Of shots toward
starting a station at that depth before
providing a e5-fOot stump and proceed
ing with lateral work After the
round had been set off, 1t was found
to have broken about two feet OF wall
rock and Is inches Of the main vein
generally considered the extension OF
the Tom Reed-United Eastern ledge
According to an official announcement,
the portion of the vein disclosed gave
an assay return OF 1851, which, while
small. is encouraging The manage
ment is at present sinking the sump.
upon the completion of which the ex-
ploration of the find VIII be lnauSur-
ated.
1t is stated by manager Gray that
P. Dabney. a well known capitalist OF
Los Angeles. has become Unidentified
with the Times Mining company,
through the purchase for $250,000 Of an
equal number of shares or half OF a
SOC. 900 share increase in the capitaliz-
ton of the company from 100000 10
1900. 900 shares OF the par value OF %
cents each
GILT Edge to Start Sinking.
Sinking operations viii soon be
started by the Gilt Edge, with depth
Of 500 feet as the objective point To
facilitate this work the company viii
receive and place IN commission WHINE
the next three weeks a 25-hOrsepower
gasoline hoist and siX-driu air com
pressor, together with machine drills
Union Pass section Attracts Interest.
The splendid showing that has been
developed by the Tyro Gold Mines com
pany at its property is steadily in
creasing the interest OF mining men in
the Union Pass section Of the san
Francisco district. p miles west or
Kingman and the outlook for the camp
is more promising at present than II
has ever been before. The TyrO com
pany is in excellent shape and its fu-
ture operations will be prosecuted on
thorough and extensive scale
Within the last few days freighters
have delivered at the mine the %
horsepower gasoline hoist and five
drill air compressor. which, with ma
chine drills viii soon be placed in
commission and used in continuing the
main vertical shaft down from the
$50 to the 5O0-fOOt level The man
agement plans great amount OF ex-
pIoratory work on the 150-foot and
other levels.
JaekIing Gets Orphan Mine.
Col. D. c lacking. heavy stock
holder in the United Eastern mine at
Oatman, and one Of the wealthiest
mining operators in the world, it IS
reported has acquired the lease and
bond Of o. T. James upon the orphan
mine of shorty" Werner at Secret
Pass, one of the camps OF the san
Francisco district. 20 miles west OF
Kfngman- Although no OFFICIAL infor-
ton is obtainable as to the rumOred
transaction. it is said that James is 70
receive q gOOd-sized fortune above the
price fixed in his lease and bond from
the owner. Since taking hold Of the
ago James has shipped five bricks OF
bullion. aggregating 203 ounces and
valued at approximately SIS per ounce
Cedar Valley District.
The Cedar Valley district, situated
Sc miles to the southeast Of Kingman.
its supply point is steadily improving
its position as a producer Of copper
and molybdenum ores in consequence
of the highly pleasing results being
attained by individual operators and
companies. On the Whale group . of
five claims. acquired recently from IN
son H. Smith, Of Kingman, and asso-
ciates, the Leviathan Copper company
has gained a depth of 200 feet in its
extensive campaign Of development
work and opened up large bodies of ore
carrying copper and mOlybdenum-
The development work is being pros
ecuted by W. c. Grannis. OF Kingman-
upon the Copper Taylor group of
four claims Immediately north of the
American Molybdenum company's
property. a four by foot shaft has
recently been sunk TO a depth Of %
feet in a ledge, measuring on the sur
face 20 feet and which averages two
per cent molybdenum- Assays rang
ing from Il to % per cent copper are
being obtained in the exploration OF an
eight to i inch streak Of ore IN an
other ledge. Samples of this ore show
azurite. malachite and bornite, and
return. in addition to the copper con-
tent, 20 ounces in silver. The prop
erty will soon be equipped with
hoist in order that greater progress
be made in the operations
An experimental concentration and
oil notation plant or Approximately
% tons daily capacity. has been con-
efrr1cfad nv the American MOlVh0enun1