The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-05-05

NO DEARTH OF GOOD NEWS.
Good coming again from many sections Burke reports
il the Imperial Muan tells Of activity in new direc
ton Sae and Carter both booming ST. Regis the scene
and satisfactory discoveries while Murray comes to the
front the uban of ALL The section around Wardner
and Kellogg is stirred into life by the commencement OF
operations the Stewart the addition Of the Caledonia to the
dividend paying list and the final settlement of the points in-
voved in litigation between the Bunker Hill and Federal com.
pane This settlement fully and finally made last week in
Spokane
Under the terms Of the settlement the Federal company
vys the Bunker Hill company Wardne properties between
Government Guch and Elk creek reervng however the right
Of mining certain properties described in the deed until the
has been exhausted after which exhaustion the reserved territory
together with the plant and the Sweeny Mill are to
pass the Bunker Hill company The exaatera suits all
dismissed and mutual release of all claims damages between
the two companies has been executed The consideration for this
transfer shares of increased capital stock Of the Bunker Hill
company issued to the Federal company
This happy conclusion has been reached after long and
conferences between the presidents Of the two companies who
got together in business way in absolutely fair spirit They
have had the cordial endorsement and approval OF their stock
holders in concluding these aons and all parties connected
convinced that the settlement the mutual advantage Of
each company.
The ground by the Federal company contains its known
workable bodies which will be continued to be mined by the
Federal company heretofore After the exhaustion Of
era companys reserved ground the utilization Of the Sweeny
Mill by the Bunker Hill company in the rapid mining Of its
largely developed bodies and the development Of its enlarged
territory will enable be employed the two
panes have heretofore employed There need be uneasness
in the minds of the people of Warne because there will be
change whatever the policies of the companies and any
feeling that has been between them will be entirely wiped out by
this settlement
Arrangements being made for full force the Stewart
and the Nabob is about to extensive development
Work number of properties Pine creek has been contnu
and that section aiding materially in the of Ward
ner and Kellogg.
exposures rich the Jack Waite the Monarch and Terrible
Edith The Monarch mill is operation and will be
enlarged the and Black Horse putting in mills
and the Bear Top mill will be operation within another month";
Then the tonnage from the North Side will begin to be felt and
the true extent of its be prominently brought
fore the public notice. Along the North Fork arrangements
being made for work important scale several properties
The test smeer at Enave the Blanchard theory is be
blown in tomorrow for trial and week will probably
begin handling the capacity tonnage only built for so
daily but its efficiency is demonstrated it is believed
several small smeters will be put in by local properties and
large custom smelter built either Enave point equally
cessble to the producing properties Of the district
The Imperial at Burke has enthused the residents of that Sec
ton and those interested in prospects there The tunnel which
is in 1850 feet is running in towards the body
acute angle While another hundred feet may
have to driven reach the ledge it is only 40 so feet
the side and gena has ben forced the quarzte the last
80 GO feet showing freely is the general impression that
body contiguous and sock has been offered spite
Of "a increase in the and somewhat spirited demand