The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1908-07-30
C0NCENTRAT0R FOR NAB0B
Plan Being Formed to Put Property on
the Regular Shipping List

Inc NaooD Mining which with the
other Occur Aene properties compelled suspend
fall owing to the low price of metals, being put
and before long will probably forge the front the big
pective mines of the district.
The Nabob entirely free from indebtedness and has
able cash balance in the treasury 1t the intention the company
install compressor and later the handling
its second class of which large quantity has been blocked
actually mined The annual meeting held in May which
Fred Rowlands elected PRESIDENT L. W. president and
Harvey NJ Ross, secretary treasurer.
President ownls has completed careful investigation of
the property and convinced that when the prospects the Nob
thoroughly known stockholders will longer be willing sacrifice
their holdings at present market quotations.
The shaft sunk the Nabob claim is down 365 feet At the 100
foot level drifts both from the shaft for total 60 feet
and good ledge matter exposed. At the 200 foot level 26 feet of drift
ing done with satisfactory than on the upper level
AS much "A inches of solid gena found in and
the remainder of the ledge good concentrating g This
the west drift In the east drift inches of shipping found in
iveoot ledge all the balance being good
foot level 430 feet Of drifting done and the finding better
than the second level From the first level raise made III feet
to the surface and was in all the way.
1t estimated that there so 900 tons of the dump
and from 30 900 to 400 900 tons of ore in sight in the mine With
the prevailing price of lead computed that
cents share at the present capital OF 81 100000 The work above
mentioned was all on the Nabob claim
On the Chrysoie claim drift 40 feet giving depth of
so feet and Wine sunk 30 feet in all the way.
Three of shipped during development last year. the
first averaged 50 cent lead and half of silver the unit
the second 40 lead with the proportion silver
and the third so per cent in lead.
road has been built from the
to the property and preparations have been made peng the
Nabob and Chrysoe claims which of the development
been DONE well three four of the abutng
entire group consists of 81 claims and the work
manning portion of the property will be commenced SOON
1t is estimated that the Nabob will put very different basis
but what the plans the management prefers not make public
this time President Rowand giving his personal the
direction of affairs and stockholders will look forward with interest to
promised developments
In his annual report for 1907 Robert n Bell state inspector
Mines said
The Nabob mine, the tributary Pine Creek far from the
Surprise operated during the year with small force of men, and
several carloads high grade crude asver shipped This
deposit carries two parallel of lead far apart which
trict notably the eca Tiger Poonan Morning
These from feet wide and the mineral quite con
for fully $50 feet in length The general the good
centratng material but smaller saks have been found 20
per cent lead The carries about half silver the unit
of lead and slate formation but the dip of the
the slate beds such that at further depth of 400 feet below the bot
tom of the shaft which down 365 feet these will pass
into quartze formation that is well exposed in belt fully mile wide
underlying the slate and the situation affords magnificent chance for
croscut tunnel Development by which method the tapped
at great depth in the quae formation and there anything
the influence of quate deposition compared slate
future Of the property lies further depth The such
strength and so well mneraid fully deep
work and the anticipation of important ore bodes.''