Arizona republican., 1915-10-22
MOHAVE cos
 NEW DISTRICT
Description of New Strike at Oatinan Which is Rivaling in Activity Fam ous Nevada Camps in the Palmiest Days

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 In an interview with Ralph R. Bailey, manager of the Ralph R. Bailey Company. mining brokers, who has just returned from ten days visit to the new gold mining camp of Oatman, MOhave county, mining activity in that district is on tho verge of the greatest boom rivaling that of Goldfield Tonopah and Raw hide in their palmiest days.
 It seems tG be the general Opin- ion of the best mining engineers and mining men of the country says Mir. Bailey that it has fallen to the lot of Arizona to bring forth one of the greatest gold fields the world Eas ever known. A great many go so far as to predict that the Oatman district will develop into a camp eX- ceeding the famous Rand in South Africa in the actual production of gold bullion
 Already the United Eastern mine has more gold in sight than was pro ducei in Goldfield the first three years. The deepest workings on the United Eastern are 565 feet on which level there is q proved ore shoot of over 500 feet in length and averag- ing better than 3S feet in width then they crosscut the vein to the hang ing wall Here they have values ex- ceeding $100 ton for the entire cut In the drift along the hanging wall on this cut a five-foot breast gives values at $664 ton. This drift is being continued to the west to deter mine the true length of the shoot, On the 465 foot level the shoot is 5Iu feet long. Nine crosscuts of the vein show widths from 33 feet to 40 feet The values range from $70 on the foot wall to $50 on the hanging wall and these are less than half the values obtained on the 565 foot level l
 On the 300 foot level where they did the first croSs-cutting into tkc l ledge, although the vein was equally as large as determined below, the l values are very light. of grade of | ore suitable for milling but not run ming much above sS ton. The Tom | Reed mine and the Gold Road. the 1 two old properties of the district 1 mined and milled for years ore aver | aging less than sG ton. This was 1 all taken out above the 4GO-foot level, l at a time when the values were not |
 
 Today I understand that both of | these properties are milling nothing | under $25 a ton with values as high [ as s7O
 ''This ore is being stoped on the l 300 foot level of the Gold Road and | the 1000 foot level of the Tom Reed. | By the way. it is not generally | known that the Tom Reed is paving | the largest dividends per cent of any ! mining company in the world. This ! company is capitalized for Sl.000.C0O | and last year paid 69 per cent on 1 that capitalization, or s690,000 was disbursed in dividends to its stock | holders.
 "The Oatman district is covered ] with veins and lodges which have | had more or less developing work | done on them since 1864. Most of | the mining was done on the theory i of uncoverirg pay ore close to the ! surface and nearly all the properties | have innumerable workings in cuts, i shafts and tunnels from % feet to l so feet in depth, all of which assay some value, but so low that it was impossible to interest the mining world sufficiently to enable the own CTS to raise money enough for pur- 1 chasing the necessary machinery to develop their holdings, to a greater depth.
 Tt was with these conditions eX- isting that two miners, Long and M'Ivin, who had long worked in the district, both in the Gold Road and the Tom Reed, obtained a bond on what is now United Eastern ground and started sinking. With little more than n world of confidence in the developing richer ore with deptA. than had been so far discovered in this district, they obtained a second hand gasoline hoist and mining tools and started their work. 1 under stand personally from MIvin that he and Long with the assistance of one man sank the shaft to depth of 220 feet before receiving other assistance If there was ever mine that was developed by miners alone that one was the United Eastern.