Mohave County miner., 1918-02-23

Some time ago the management
 concluded to make systematic search
 for the faulted vein of the Tom Reed
 and a crosscut from the 500 level of
 the Aztec, through new ground, to-
 ward the Grey Eagle was started. At
 distance from the Aztec of 400 feet
 toward the west or southwest, the wall
 of the new vein was entered, and last
 Wednesday night the other wall was
 brought to view, the two walls being
 S7 feet apart, the entire filling being
 ore of milling value. What was ex-
 plained to the Miner editor as authen-
 tic information, although the author
 refused to have his name made known,
 gives the Tom Reed estate a value
 higher than any gold mine on the Pa
 cific coast, if not on the American
 continent. The sectional sampling of
 the vein across the width of 87 feet is said to be as follows:
 Four feet, SIPS; IA feet, S16; 40
 feet, $30; 2 feet, $2S; 2 inches, S43O;
 and the balance of the vein, about 20
 feet, SS. Taken as a whole the great vein will average better than S25,
 which is higher milling value than
 that of the United Eastern, which just now is shipping nearly S2OO,OOO monthly to the U. S mint. .---'-
 Everywhere you go in the Oatman country the Tom Reed strike is the topic of conversation, and well it may be. It points out clearly that the claims of the south end of the camp may come into their own. It is like the tracing out of the belt in a new oil field, where today the land may be valueless and tomorrow the own CTS are milIonaires. The strike means that should it prove to be new vein in it's entirety in the Tom Reed estate it will have a wonderful bearing on l the possibilities of the Argo, Telluride | and Sunnyside. These claims lie in the pathway of a southward extension of the vein system, and further ex- ploration of the new vein may indicate through whose property it may strike, and when this lead is given out there will be a big boom in the stock of that favored company.
 In the estimation of the Miner edi- tor the Tom Reed is the one best bet in all the stocks. It has been pushed down to a value inconsiderate with its great estate and position as produc- CT. Nothing less than $5 per share should be the asking price for the stock and it is probable that it will go to that figure within the next month or two. Those who own the stock would be foolish to part with 1t at the present market price. No mining company in the Oatman field has so an estate as the Tom Reed. It is situated in the heart of the min belt and has nearly a mile of the main vein that has given the camp its life. It also owns the Neg lected group which some day will make a producer of note. Were 1t not for the fact that it is owned by the Tom Reed and that company has its hands full in the development and operation of it's mines close in, the Neglected would be just now one of the best looking of the outside claims to the ln- vestor. It has a big vein that shows excellent ore values. It is also i'm portant from the viewpoint of avail abilitv as a source of water supply for milling purposes.
 While the Ben Harrison and Tom Reed. the two principal operating mines of the old group, have had large amount of development work done on them and were the producers of all the ores from which came the millions of dollars sent out from the big milling plant to our humble view these veins have only been scratched over a wee bit. The crosscutting to inc west and the driving of some of the old drifts will surely bring into view greater ore bodies. It will be that some work done a few years ago on the 300 opened one of the richest bodies of ore ever found in the property. Specimens of this ore were on exhibition for a long time and created considerable comment. The finding of this rich ore gave in iication of the possibility of other and greater ore bodies equally as rich.
 The Tom Reed property lies along the big north and south belt and in the