Weekly journal-miner., 1916-04-05
WEEKLY OATMAN LETTER
iFrom Fridays Daily.)

At no time in the history of the Oatman gold fields has the develop ment promised such substantial re- suits as now indicated il half a dozen or more properties in the dis trict Cross-cutting for the main lodges is in progress at several camps, and startling developments may be looked for most any day, according to the weekly news letter of the Oat- man-Prescott Brokerage Company. Ivanhoe is 4S feet in cn the cross cut at the 800 level and is advancing at the rate of six feet day. It is estimated that the vein cut on the POO level will be picked up within 250 1 feet.
 Big Jim, which has just sold to pri- vate parties 100000 shares of its treas ury stock at Sl.75 per snare, for the purpose of fully financing future i'm provements and development work. has cut its station at the 800 level, but instead of crossing to the ledge, will probably now sink to the 600 level before cross-cutting.
 Carter has completed retimbering of its shaft; has erected a new gal lows frame, and, with complete equipment of new machinery. is driv- ing its shaft to the 500 level as fast as 20 men and Sullivan drills can do the work At the 250 level on this property. the ledge measures Y feet from wall to wall, the values ranging up to 800 per ton, with averages of Sl4 per ton.
 Argo has reached the $50 level and it is expected that cross-cutting will be in progress within fortnight. A mixed material of quartz and spar is being encountered in the shaft, carry ing some values. Tom Reed, IT,, is now down POO feet with its No. ? shaft and is working l2 men in sink ing. Oatman North Star is sinking a two-compartment incline working shaft in the main vein On the Grand Junction claim. The objective is 400 feet, at which depth cross-cutti1g will begin.
 Considerable flow Of water was en- countered in the shaft of Gilt Edge at a depth of lS0 feet. which is taken to indicate that the No. 2 vein mas pitched north and will be cut by the shaft A cross-cut is beng driven on the l00-foot level toward vein No. l., this being out about 60 feet and en- countering stringers of quartz which tend to show that the vein itself will be opened within few days.
 The United Western Company is dismantling its old hoist and install ing new and more powerful one. Water which was encountered on the
 505-foot level proved too neavy for the old hoist and the new one is ex- pected to take care of both rock and
 water. Underground development
 should be resumed on April lst. The cross-cut to the southwest on the 505-
 foot level is now out 2S5 feet. The
 last 30 feet showed a radically chang
 cd formation ill which veinlets of
 quartz carrying gold values ranging
 from $ to Sl6 were opened. some of
 these being as large as "A inches in : thickness. The last six feet O! the
 cross-cut is in brecciated quartz show
 ing nigh pan values and looking moro like commercial ore than anything : yet encountered on the property. \ general feeling prevails in the camp . that the United Western has at last made Strike" but development to date hardly justifies the usage of this
 term.
 The Gold Road Bonanza operating property adjoining the Gold Road i mine on the southwest, has purchas l ed hoist and other equipment and : is now preparing foundations upor i which to place it. As soon as power : equipment is Ill place large force ot i men will be put to work.
 F A new compressor is going on thC
 Gold Range and three shifts of mel i are working. The shaft is now dowr
 155 feet, extreme silihcation in tho
 country rock showing unusually
 high gold values considering the shaf not being sunk on the vein.
 : The Oatman United which adjoin'
 the Big Jim. United Eastern and Ton
 Reed on the north has purchased ; n splendid outfit of machinery consist ', ing of a fvc-drill Ingersoll compres - sor driven by 50-norse power r. E 1 engine and d 40-horse power hois r. with a 50-foot head frame. powei ; drill sharpener and other necessar, s equipment. Sinking a three-compart a nIent shaft has commenced and roat q is being constructed to tie site of tn -- new shaft Advices are that as sooI E as the equipment IS placed. thre' 5 shifts Of men will be put to work ant : an effort made to reach depth 0 F 500 feet on the shaft i'll 100 days.
 Esperanza Exploration Company i