Weekly journal-miner., 1916-08-09
MINING DEALS ON THE TAPES
 IN OATMAN

occurred, one of them being the peaceable solution of the labor diff culties which had occasioned the Gold Road mine of the U. s. Smelling and Refining Company to close down tenn porarily, and another one a financial deal of magnitude whereby the con- trol of the Carter Mining Company passes to Keith x Keith, of Boston, within 30 days if the option taken by them and upon which a large cash payment was made, is exercised.
 It is also reported that a deal in- volving large sum of money is un- der way for the Oatman Queen prop crty, and that either Keith & Keith or the United Eastern interests are the possible purchasers. It is known that extensive sampling of this prop erty by engineers close to these two interests has been under way for some days. The Oatman Queen has opened a very fine and somewhat ex- tensive showing of pay ore on one level, and on account of surface con ditions is regarded as highly prom ising property. It lies in the same zone of ore channels as the Pioneer, Carter and Lucky Boy.
 While the fact that Keith & Keith have taken an option on the Carter has not as yet been officially an nounced the information comes direct from reliable sources having inside knowledge. Their engineer, Eugene H. Dawson, handled the transaction at the Oatman end. Mir. Dawson is in charge of the Pioneer, nearby, which is controlled and operated by Keith & Keith. For some time there have been rumors of a pending consolida- ton in this part of the district, which is about one mile to the southwest of the Tom Reed, and it is believed that the Carter deal and the Oatman Queen stir are steps in this merger. \ mill of not less than 200 tons ca pacity Is contemplated by the Pion- cer, for the purpose of handling its ] own and other ores. These "other ores" now appear to be those devel- oped in the Arizona Tom Reed, ad- joining and which has very close con rections with the Pioneer; the Car ter, which already has large quanti- ties of mill grade ore exposed on two levels and has just entered ore said to run better than $50; the Oatman Queen, and possibly custom ores from the Lucky Boy, which lies between the Carter and the Tom Reed, when the latter property is more fully de- Nclopcd.
 The Jerome Oatman shaft, at d depth of 360 feet, is running into a change of vein matter which is said | by the operators to show good pan values and to seem to indicate the proximity of an ore body. Opera lions were temporarily checked by the burning of the compressor house two weeks ago, but work is now well un- der way again.
 The Boundary Cone has been tenn porarily delayed by breakage of a compressor, the extreme hot weather being responsible for this.
 The new head-frame of the United Eastern is now completed, and the big hoist will soon be pulling rock out of the new main shaft, which is now down 375 feet The head-framc is 75 feet in height Foundations for the new mill arc completed, and ma chinery equipment Is arriving daily. Underground development continues to add largely to known ore reserves.
 The new Desert Power & Water Company experts to be able to begin delivery of low priced power through out the Oatman district by the first Of October
 The plant of the Wrigley Explora ton Company has arrived and is now being installed. It consists of 75 horse power oil-burning engine and a IA by l2 Ingcrsoll-Rand compressor, and heavy drills. The company is en- gagged in driving tunnel from low level into one of the main elevations of the Black Range mountains, to cut at depths ranging from 500 to 200 feet the series of big veins which out crop at surface. Not only will the property of the Wrigley Company be explored by this cross-cut tunnel, but it may be used as means through which adjacent properties will be de veioped at great depth, and at the same time mines lying above will be affotded drainage. The project Is an ambitious one, as 1t is planned to drive the bore at least 1000 feet. The chewing gum manufacturers are be-