The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1907-03-14
SUCCESS IS A GREAT mine
Entirely New Ore Shoot Just Discovered
"A Dividend Payer

"A Dividend Payer
checks for the second monthly dividend of $4,000 Of
the Success company will be mailed to all the share
nolders tomorrow There are not many of them. H. F.
Samues the president and manager of the company owns
vast majority Of the stock and the other officers and G
rectors j. L. Balor of Oakesdale vicepresdent O. H.
Linn Of Wallace secretary and superintendent and j. j.
Busch and j. W. Johnson, of Oakesdale, directors own
nearly all the rest.
New Ore Shoot Found
Along with their checks these fortunate individuals
ore shoot It found by extending drift on the No
3level above the lower tunnel When the was open
ed up to greater width than the drift an uprase was
started to the No. level 100 feet above When that
level reached it discovered to the surprise Of the
management that it was entirely Shoot nearer
the hanging grante than any other shoot yet found
in the mine. It's full width and extent are yet unknown
but will be disclosed as quickly as possible. It is conf
IDENTIFY believed that the shoot will be found to extend
clear to the grassoots and of course deep it's neigh
bors Its ore body appears to be large any in the
mine and is asslredy just as rich
Great Mine
The Success is undoubtedly great mine Its measured
ore reserves certainly contain million dollars in
profits. employs at present rs men and is producing
thousand tons of zinc and lead concetrates month
These d e1 r. M result from milling and separating the
1t is being developed all the time witness the dis
covey OF the new ore Shoot and has lots of good ground
yet to explore For instance to the east Of any shoots
that have yet been worked so near the surface the
No. tunnel the drifting recently done by the Alameda
company to reach it's own ground that level has dis
closed unexpected ore bodies which will be eventually
opened up 4l8 feet lower on the No. 8 tunnel level
Mine Is Well Equipped
The mine is equipped with hundred ton concentration
the first Of it's kind in this district which produces clean
concentrates of both zinc and lead. Among it's other
equipment are ten,drill compressor drill sharpening
machine and all the other accessories of large producing
a tyuO finow wotor
utilized by means Of two fumes which furnish all the wa
ter and power needed
Has Interesting History
The mine was originally known as the Granite and IA
years ago was one Of the camps big producers and profit
earners six hundred thousand dollars having been
paid in dividends from the taken from above the No.
tunnel, which aggregated million dollars in value
is located the north side Of the east fork of Nine
Mile nearly opposite the Rex (Sxteento-One) and was
originally owned by the late George McAuay and Van
B. DeLashmutt
All of the ore which was at that time marketable from
ing to be about 12o feet long and averaging probably 2
feet in width The apex of the chute was ESQ feet above
the No. level. Only such left as appeared to
show great excess in zinc or to be low grade cocenra
ing These neglected bodies Of known to
be Of great value as they contained much clean ga
lena than generally supposed while such showed
good deal Of zinc and therefore vaueess at that
time can now be most advantageousy handled by the
new mill When eventually the old slopes are reopened
and cleaned up they will yield large amount of money.
When McAulay Was Owner
Under McAulays management No. level 418 feet
below No. g. was run into point beyond where the ore
chute has since been opened up that level The exs
tence Of this chnte though indicated by small showing
Of zinc ore was not known to McAulay DeLashmutt
and when they got financially involved they gladly
dered the mine to their creditors believing they had pac
tically dug it out. a3l M lg r
The creditors, mostly Chicago people, acquired the
property at shers sale and organized the Granite Mine
company to take it over The company however, did
not work themselves but bonded It twice to Finch &
work on the No. 8 level and finally abandoned it.
It was at this stage Of the proceedings that Mr. Sam
ues appeared on the Up to this time he had shared
ho1;o hn1t :