The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-07-11
ORE EVERINHERE N IDORA'
Sunset Peaks New Shipper IS Wonder
Ore Bodies Described


IA everywhere That condition at the Idora mne
the confined to the mine. There sdn
and more Of the hill its sner The corde
SACKS g sacked ore a the shipping platform the mine sight
but douby discounted BY the piles sheds tn
mouth Of the No tunnel py BY the great tonna
broken that blocks every on that level Of the mine and
ae beside that sight upras stopes drifts
which has not vet been broken down.
This the picture which the writer still his minds eye aie
vt TO the mine on Sunday distinct SURPRISE though
should not have been but much the showing
N me mine since our last visit eight months the reality
tar surpassed our expectations
And such is too All Of would shipped Just it
were the mine railroad The wagon haul however
desirable to reduce the tonnage the lowest possible limit
practically all closely sorted by hand g the
it will undoubtedly 20 cent lead and 40 silver
s Two Fine Ore Shoots
The Development work accomplished the No level
the mine has proved the existence persistence fine shoots
each WALL with ore body only opened
one q two crosscus The hanging wall shoot practically
tnous all the or $50 feet For The latter $50 feet its
where stoping only being begun average width fully
feet Of solid gena The first 400 feet pretty we'll stopped BY
the old Ccwyn though there still considerable bodies
Of high grade galena cabonaes left the mine
The otwal shoot however, entirely unsupported by the
old and therefore untouched where crosscu and
dfd has been opened for about 800 and
Of two feet Of solid gna the showing in the face being pac
These two shoots necessarily parallel each other and prob
ably about 80 feet Between them third shoot wide
ch exposed in two but otherwise unexplored
&@@# G. The No. 8 Tunnel &$5I @G
The No tunnel from the Beaver creek side and in go
m altogether Though has shown good all the being
drift the ven its biggest and richest bodies its further
east end The No crocut tunnel which driven from the
Carbon creek side by the old Coyyn company the former
the mne designed the ledge vertical depth Of 40
feet This did underneath the workings the portal the No
level showing wide and strongly mnead with the
shown above and the hangngwa inter-
mediate and footwall ore reaks, only further apart.
Work temporarily suspended this level pending the nstaa
tion Of plant but when resumed will be directed to
drifting the hangngwa body under the great
shoot developed in the No. 2 level.
Will Install Machinery
The which has already been ordered, will be OF
drills capacity and will be installed Carbon creek distance
below the No. tunnel where the company right which
win be utilized and which estimated be capable develop
ing $50 horse power Meantime the ventilation Of the upper workings
is being done by fan acuated by gasoline engine.
Capitalization and Finances
The Idora company capitalized 81 600 in dollar shares Of
which 600 900 stock and 100000 preferred None Of
stock has the market likely to though
shares been issued The remaining 100000 shares
still in the companys treasury OF the preferred stock 100000 shares
have issued leaving the treasury The
good circumstances financially all its property being fully paid for and
decided wholly apart from the big earnings which will
shipping The head Office m in Spokane and the next
meeting shareholders will be held in the latter part OF October when
present management will render full occount its stewardship
Of the stock held by w. Peterson and
brother better known the Peterson company Spokane John
HI Nordqu Wallace is president Myr a. Folsom Of Spokane
treasurer Dean Peterson secretary and s. Ekre Of Tacoma
director The vacancy the board directors caused by the
George Larsen who vice president will probably be filled
the appointment H. Peterson the next meeting Of directors
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