Salt Lake Tribune | 1915-08-21 | Page 8 | Tom Reed Strike Opens $25 Gold Ore

TOM REED STRIKE OPENS $25 GOLD ORE O VTMAN Ar z Aug 20 Another s r ke of po ent al poss bt ties has been added to the st of t ose made ast week in the Tom Reed Gold Road m n ng d s tr ct The &cene of h s most recent of ore d s cover es s the Bla k Fag e work Ings of the Tom Reed Go d M nes com panj a 5 per cent per month d vidend paying corpo at on and fncidenta y the owner of the richest go d m ne in Ar zona The strike was made early the cur rent week and is of equal importance w th those made the preceding week at t e properties of the Oatman M n ng & M ling companv the Tom Reed company and the Go d Road company The ore was encountered In the breaat of the crosscut at that depttl about forty feet out f om the shaft For seve al days prior to the strike the country rock through whicl the crosscut was be ng dr ven showed traces of gold and cons d erab e m nera zat on the cond t on being ind cative of a generous d str bution of p ec ous metal a ues and as the ve n was neared the presence of go d in the country rock became more not ceab e The f rst round of sho s touched off n the vein proper d scloaed two feet of ore that samp ed as h gh as $25 per on Go d va ues cont nue to r le at about e $2o mark as the crosscut s ex ended ac oss the o e body and it the efore appea e ke y the b eak of the ore from wa to wall wi 1 average about $ 5 per ton Just how wide the depos t is remains for fu ther deve opraent wo k to determ ne but as t is forty feet wide on the 200 foot evel it w 1 probably be about the same breadth on the 400 foot evel Mohave County M ner K n0man Ariz