Mohave County miner and our mineral wealth., 1922-01-27
By w. P. De Wolf.


 before so generally satisfactory and so thoroughly indicative of the future ore yielding potentialities of the two camps. That these conditions are recognized at their true worth in out side financial circles is demonstrated by the markedly increased interest of late manifested in Katherine and Oat man mining properties; and this in terest has been emphasized during the past week, in so far as the Oatman district is concerned, by a largely in creased volume of sales at mounting price levels on the Los Angeles stock exchange.
 Recognizing the trend of investment sentiment toward gold issues in pref erence to other mining offerings, a number of companies with holdings in the Katherine district are preparing to list their shares on the New York curb and the Los Angeles and San Francisco stock exchanges. The man. agement of the Katherine Treasure Vault Gold, Inc, has taken the lead in the movement to bring Katherine issues to Eastern investors attention by arranging for the early listing of Treasure Vault shares on the New York curb. All of the preliminaries have been completed and the actual calling of the stock will soon follow. The management of the company is preparing to take like action with a view to the early listing of the shares on the San Francisco and Los An geles Boards.
 No better time could have been chosen for calling to the attention of the investing public the remarkable ore yielding future of the Oatman and the Katherine districts, as both camps have during the past few days been the scene of ore strikes of unusual magnitude. These strikes are of nature and value which demonstrate thoroughly that the ores of Oatman and Katherine offer to the leaser an exceptional money making opportun- ity. That is to say, they carry high grade values at nominal depth such as brought fame to Cripple Creek and to Goldfield as the richest leasing camps in the country.
 Free gold ore assaying as high as fourteen dollars pound in one hun dred pound lots, being sacked from a vein opened at surface on the Ferrar and Stoney lease on the Ben Harrison claim of the Tom Reed Company at Oatman. Some of the quartz is spotted and ribboned with gold as though the metal in a molten state hrd been poured over it from a sprinkling pot. Fifteen miles to the north in the camp of Katherine, the Katherine mine has a lense of ore on the 100 it. level that assays an average of two hundred and twenty dollars a ton across a width of six feet. On the 500 it. or winze level, a Tense of ore seven feet wide has an average value of three hundred dol lars gold a ton. Sixteen feet of ore, inclusive of the seven-foot section mentioned have an average value of two hundred and thirty dollars gold a ton.
 In the Oatman United workings at Oatman body of ore has been To- cated by means of diamond drills, which for a breadth of several feet carries gold values of from five to six thousand dollars a ton. By aid of the same medium an ore body sev- enty feet wide and having an aver age value of twelve dollars ton has also been determined. The Oatman United is controlled by Charles S. Sprague of Goldfield, who mined million dollars from the Jumbo Ex- tension mine in that camp. On the adjoining Oatman Gold property a three-compartment shaft has been started in the continuation of the Oatman United vein. The work is in charge of Charles F. Pugh, who mined a fortune from the famous Pugh-Peer ease on ths Bonanza Florence mine It Goldfield.
 In the United American workings body of ore showing a very large amount of gold in the free is being developed. Shipments from this prop 'rty are going forward regularly to he Tom Reed mill which was recently made available for custom ore. Ship nents to this plant are also being made from the Telluride property, and r Ire to be made from the Gold Dust, he Carter, the Sunnyside and other )atman properties.
 An interesting development in the Sold Chain mine at Katherine the urrent week, was the tapping of a water flow in the big cross Assure It depth of 165 it. in the shaft. At his time the flow is about 400 gal ons daily, but it is increasing slight V as the shaft is deepened. The pos ibility is therefore held forth that N deeper levels the flow of water will } Sin sufficient volume to partially at