Mohave County miner and our mineral wealth., 1920-02-07
MERGER TOM REED
 AND UNITED EASTERN . IS BEING RUNORED

The report that merger of the in- terests of the Tom Reed and the Uni ted Eastern mining companies is on the tapis is just now agitating the mining public. It is reported that crew of miners under the direction of competent engineers are in the mines sampling the properties for the inter est of the companies and that it will be some time before the samples are assayed and estimates of the values compiled.
 In view of the close approach of the important suits instituted by the two corporations against each other cov- ering apex rights, the merger of in terests would be of vast importance in closing this vexatious litigation. Min ing engineers have been working out the fault systems of the two mines and have made models showing the involved theories of the geologists of the contending parties, which are to be exhibited in court this month, should the cause come on for trial. | The merger of the two great gold mines of the Oatman district, now producing close to $3,000,000 yearly, while it might not be for the best in terest of the camp, would make of the property one of the greatest gold mines in the world. Its estate would be of wonderful value and it's shares , should readily go to $10 in the open market. The United Eastern is now producing at the rate of close to $2OO,- OO0 monthly, while the Tom Reed has Increased its production to a point close to that of the Eastern did the management care to make the effort. While the Tom Reed has the greater estate the Eastern has an enormous body of mill ore, estimated to be far in excess of $20 to the ton. It has its shaft down 1884 feet on the ore body, and has developed the ore to show the main shoot to have a total length of close to 700 feet. This shoot compares with any gold bearing ore body in the world. 2 But one of the matters of interest in connection with the merger is the development of two enormous ore bod ies on the 600 level of the Bald Eagle and Aztec veins of the Tom Reed, as well as the opening of big shoot of ore on the 700 level, below the old workings in the Reed. The Bald Eagle shows an ore body, it is said, that runs above IS feet in thickness and carries values above $2O across the face of the crosscut. This strike. is of recent occurrence and has put a new phase to the condition of the Tom Reed. The Aztec has opened an ore body that, while not so rich as the one in the Bald Eagle, shows a width of 30 feet and is said to give indication of being one of the most important discoveries ever made in the | property. The showing on the 700 level is of mill values, even under the present high mining and milling costs, and is directly under the big mill. The discovery of the ore bodies in the | east end veins is of wonderful inn portance, as it fully establishes the l occurrence of ore below the faulted zone and shows the veins to be big and strong and apparently permanent ly in place. With the lateral develop ment of the veins at this depth the | property will be able to keep the big mill operating on ore far in excess of | the values now being milled.
 The Tom Reed has tram bringing ore from the Aztec to the mill, but | in the event of merger of interests it is probable that an underground electric system would be put in that would handle all the ores from the east end properties, bringing them to the main shaft, whence they would be dumped directly into the mill. This mill could readily be reinforced by ad- ditional unit to carry at least 800 tons daily, there being sufficient water pro- duced in the mine to handle an excess tonnage that might be demanded of the property. The two properties | could readily be made to produce $5,- 1 100000 annually, without impairing the reserves. Should the merger be- come reality and mining directorate have charge of the mines this prop erty would make Oatman one of the great gold camps of the United Stat es,