Reorganized Kewanas Mining Company Records

Goldfield is most well-known for the boom that occurred between 1901 when it was settled and 1910 when peak production reached over $10 million dollars. Most major mining operations had ceased by 1920, although a number of mines continued operations into the 1940s. The Reorganized Kewanas Mining Company was incorporated just after the peak mining had occurred in Goldfield in 1913 as a reorganization of the Goldfield Kewanas Mining Company.

In 1913, the Goldfield Kewanas Mining Company went bankrupt after losing an apex lawsuit to the Reorganized Booth Mining Company. The suit found that the Reorganized Booth owned ores in the vein that ran through multiple claims including the Laguna claims of the Goldfield Consolidated Mines Company, the Reorganized Kewanas Mining Company, the Spearhead Gold Mining Company, the Lone Star Consolidated Mining Company, the Goldfield Merger Mines Company, and other miscellaneous claims and fractions. Because of the litigation, the Reorganized Booth received 250,000 shares of Kewanas stock.

In July 1913, not long after the bankruptcy, the Reorganized Kewanas Mining Company was founded. In 1916, the company owned 2 claims over 40 acres in the Goldfield Mining District and developed the claim through the Laguna shaft of the Goldfield Consolidated Mines Company to a depth of 840 feet, where the extension of the Goldfield Consolidated orebodies were located. In 1922, development continued by means of a winze below an east crosscut from the 700-foot level of the Laguna shaft. Exploratory work on this level encountered several veins, but ore was too low grade to be profitable. The company discontinued work in September 1920, when it took a 5-year lease on the St. Ives claim of Goldfield Merger Mines. In 1921, a 575-foot crosscut driven on the 800-foot level from the Merger shaft failed to find the St. Ives vein, but was reached at a distance of 350 foot on the 450-foot level, and showed values from $4.80 to $56 per ton in gold. The St. Ives vein was productive above the 350-foot level

A portion of Kewanas ground adjoining Grandma Consolidated Mines Company on the east side of the claim was leased to that company in the fall of 1920.

[Information on the company taken from: Weed, Walter Harvey. The Mines Handbook Succeeding The Copper Handbook Describing the Mining Companies of the World, Volume 15. Tuckahoe, New York: The Mines Handbook Company, 1922; and Charles A. Stoneham and Company. Curb, Mining, Oil and Industrial Securities: 1916 Handbook. New York: Charles A. Stoneham and Co., 1916.]