The Parker post., 1916-07-08
BIG MINING
DEAL CLOSED
JACK MclVER AND GEORE W.
LONG AND ASSOCIATES PUR-
CHASE THE MANNING G. ROE.
DER PROPERTY.

D@h
! That some OF the largest operators
of Oatman district are convinced that
the Parker district offers exceptional
opportunities to the legitimate mine
operator was evidenced this week,
| when a deal for the Manning e. Roe
| der property was closed by J. L. Nc
liver and George w Long. the men
Who discovered and developed the
famous United Eastern gold mine.
Associated with Messrs McIver
and Long in the purchase of the prop
erty are W. X. Ridenour of the Tell
| urlde Mining and Development COM
pany of Oatman, and A l.. Kreiss
1t is also understood that two official
OF the Inspiration Copper company
are interested in the DEAL
! The Manning & Roeder property
| SOipoRoCO I'll I'LL GG CIS1L11lS5 N1-
Gated about miles north of Parker,
on the west side of the Colorado
river. Over 5000 feet of development
work has teen done ON the property,
and extensive bodies of copper ore
have been opened up. The purchase
price us $300,00O,with substantial cash
| no aXUt1o.o 1o1a - l.
in payments extending over a period
Of two years.
During the past thirty days the new
owners OF the property have made
several examination trips here, and
last Saturday they came down from
Oatman prepared to close the deal.
Messrs. Manning and Roeder met
them here, and the necessary papers
were signed UP within an hour after
their arrival, the details of the deal
| having been agreed upon previously.
The coming of these prominent
| Oatman miners means much to the
Parker district They propose to be
|
engineer has already inspected the
ROAD ON the California side OF the
rive. from brennan to the camp, with
the view OF putting it in first class
condition
The pait ,es associated in this deal
are also interested in the proposed
aaw reduction works which are to be
constructed here, and it is now said
that the new smclter is a sure
thing. Enough Gre Is already in
sigh. in the Manning & Roeder prop
time
Besides sinking deep working
shaft and carrying ON mine operations
at various places on the property, the
Oatman parties will prospect the
ground with core drills. The neces-
sary machinery for this purpose wild
be ordered at once.
A large hoist and compressor plant
will also be put in Immediately, and
| from all indications mine operations
ON a big scale will be under way
within the next thirty or sixty days.
1t is rumored that other well7known
Oatman operators are preparing to
invade the Parker district, and that
several other deals of Importance are
now in process of consummation. 1t
IS known that a number of mining
engineers OF high standing in their
| profession. have recommended this
district to several of their wealthy
clients, and by next fall this district
should be hunming with activity
Close to the Manning & Roeder
property are numerous other proper
ties of real merit Not far distant
is Copper Basin, where the mineral
lied showing is equal to anything
found on the Arizona side of the
river Several properties in that dis
trict are now being operated in a
small way, and others are preparing
to begin operations in the early fail.
Both McIver and Long are rated as
millionaies, and it is said that they
are much pleased over the successful
consummation of the deal for the
Manning and Roeder property. "A
close corporation for the operation OF
the property is now in process OF for
nation by the attorneys for Messrs
McIver and Long.
| Winners of Races.