The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1910-11-24
START CALEDONIA Tunnel
Work Commenced Which Will Elmin-
ate Expensive Method Of
Handling Ore.

Work the long tunnel of Caledonia mine at Wardner
started this week. This will do with the long and expensive
haul to the railroad and give delivery the portal by gravity
The Caledonia consists of six claims aoinng the old
Sierra Nevada mine of the bonanza properties of early days.
at Wardne located by Jack Heating and others in 1885,
but had much than the work done
it until was bought by Kter McKinns Of Wallace IN
July 1907 They organized the Caledonia with capital
OF $ 600 acquire and work it, selling treasury stock to de-
fray expense OF its development and equipment.
The present officers the company have all been interested
the enterprise from the with the exception Mr. Carte
who took the place of Jack Keang The officers A. i.
Campbell of Finch Campbell president E. Carter vice pres
dent Charles McKnns and Jack
Hayes Of Wardner and Fred Katse Of Spokance directors
The active development of the mine begun In March,
1908 the financial panic of the fall having rendered the
task OF raising working capital almost impossible Shipments
begun exactly later This has for the most
been hand sorted into grades for shipment the smete
netting $40 and the other $780, OF the latter class fewer
than five have been shipped that netted above 5000 the
and streaks Of generally "copper" have been
tered in the workings that 5000 in silver to the on
When the deal for control Of the property in February
the following semi-offcaI information made public:
Development work to date consists of incline shaft
with 14O feet of drifting the 3o level and about 1000 feet
the 500 These drifts with several upraiaes from them show
streak with average width of feet and have proved
two shoots of sass respectively $50 and 800 feet long
with connecting shoot of good concentrating about l5 feet
long, Even from this low grade shoot enough rsas
obtained to the cost of driving through it, while the bulk
of the stuff broken down in the drifts through the high grade
shoots straight to the smeer Above the 3O0fnt level
in the form of carbonac but the 5oot level there
almost continuous shoot Of solid gaena averaging than two
feet width and running 80 in silver and above SO
lead Throughout the mine crystazed lead and wire svc
commonly almost every face Of ore
The companys include besides the vast
already blocked good cash balance in the bank and
900 shares Of treasury stock Of which will probably
be issued unless it be in the form of stock dividend
From the above will be that the record Of the
pany unusual This primarily due to the excellence
it's management Charles McKinnis who with his partner
Fred Kaze conceived the scheme Of purchasing the Caledonia
prospect and de eopng into mine has been in charge since
the inception of the enterprise He odmer in the Occur
Aenes and has long been noted for 10th the and
servaism Of his operations Never these two qualities
more necessary achieve than this instance That
the operations Of his partner and himself have brought wealth
them and the associates who assisted them financially during the
early stages of their venture will be matter of ectaon all
who know them
Misunderstood there sufficient in the treasury to
complete the tunnel planned and provide modern mill that
dividends in the future is possibility.