El Paso herald. (El Paso, Tex.) 1901-1931, 1916-01-04
BIC MERGER Of
MINESPLANNED
United Eastern and Tom
Reed Properties at Oat-
man May Consolidate.

Kingman. Ariz-. Jan. 5.-UEless pre-
liminary negotiations known to be IN
der way, fail of contamination. the
great mines Of the Tom Reed Co. and
I the United Eastern Mining company at
{ Oatman. 26 miles southwest of King
man. Will come under one management
in the near future Although il has
not been determined whether the negO-
tiations will result in a consolidation
Of the two corporations or the pur-
chase by one Of the others holdings,
il is known that a deal is on and that
a definite conclusion VIII be reached
in the near future Mining experts
of the two companies have just COM
pleted a thorough examination Of each
others workings and it is regarded as
certain that favorable reports will be
submitted, after which the negotiations
will assume definite form.
The merging of the two great mines
is expected to prove beneficial to the
camp of Oatman in many respects For
the past four years the Tom Reed mine
has produced yearly S1.0OO.0O0 in bull
lion and has paid annually dividends OF |
better than so per cent The mine to- /
day is in better physical condition than !
al any previous time. The United East
ern has in the last year developed enor- !
nous bodies Of ore and is a mine Of \
vast potentialities. Its ore bodies have I
been proved and blocked out to a depth
Of sos feet and their explorations at
an aQuAAAOlidA ItlNAA u NV ~ - just ]
GoIdroad to Go Deeper.
The management of the Goldroad /
Mines company has determined to ex- !
plore the famous property at greater
depth it is officially learned. The |
main shaft. already down 1900 feet. is /
to be continued to the 17O0-foot point 4
The company has renewed its contract !
with the Desert Power and Water COM i
many of Kingman. for electrical power /
and the new program Of work Will be /
inaugursted Immediately. The Gold !
road mine is owned by the United /
States Smelling. Refining and Mining
company.
Boulder Canyon District.
The European war and the cOnse-
Quent increased demand for tungsten.
which is used for hardening steel, IS
responsible. at least in part, for the
great success that is attending the ef-
forts of the Tungsten Mines company.
which is, operating a property Of Il
claims in the Aquarius range OF noun
tains. Boulder Canyon district, IS miles
southeasterly from Kingman- The
company acquired the mine about SIX !
months ago. and for some time past
has been making frequent shipments
Of tungsten concentrates, running
around 90 per cent pure metal and
valued at about 81 per pound The
company employs force of II miners,
which is to be increased in the near
future when the management begins
the development Of so acres Of tung-
stem placer ground adjoining its lode
claims The lode claims are traversed
by 20 veins. carrying tungsten and
varying from two inches to four Feet
in width.
The Kingman Zinc Mining company,
which about a month ago acquired
from John Boyle. Of Kingman, the
Shooting Star and De La Fontaine
about II miles north OF
in the Cerbat mountains
Wallapai district. has already shipped
two carloads Of zinc concentrates from /
the former and one carload OF LEAD
from the latter 10 the
Bartlesvf1le. Okla. shelter The zinc I
concentrates gave an average assay OF
4S per cent in addition to from So to
IS in gold per ton while the lead prod
uct ran 80 per cent in that metal The
ores were reduced to concentrates a
the Cupel mill. on the De La FoEtalne
which has a capacity Of zoe tons daily
Manage B. Y. Dawson announces mat
the force OF 20 miners at present en-
Dloyed viii be steadily increased 10 |
At least 90 in the next two months IN
order TO hurry production ana tnereoy
1btain the high prices offered for ztnc |
and lead as q result OF the European
To Make Initial shipment.
The Copperfield POrphyry Copper II
Mining company is Just about ready to II
nent Of to S per cent ore from Its II
property at Gross Springs, y miles
north Of kingman- But for delay e1-
1erfenced in obtaining teams to haul / II
he ore from the mine to Keystone
station. on the Kingman-Chloride
ranch Of the Santa Fe system dis
ance of slightly more than two miles 4
he initial shipment would have been
made at an early date. III
Maynard District
Development work is going steadily
head at the property of the Arizona
TelIurium Mines company in the May
ard district, Is miles east Of Kingman III
md the most gratifying results con- II
inues to be obtained The north drift II
IN the Ohio vein. started from the face IL
Il a 200 foot west crOsscut tunnel re- II
emily disclosed what is apparently the II
op OF a rich ore shoot The discovery II
onsists OF about foot OF decomposed II
luartz which gave an assay Of o. II
.unces gold and 2-96 ounces silver or 4 III
otal OF sI10.2S per ton Some Of the II
re from the find shows free gold III
SILVER BULLION SEIZED. III
F.ff oFF I