The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1913-03-20
1USCUMBA BONDED;
PRICE IS $4,000;
QUICK PAYMENTS
NEW YORK COMPANY TAKES
OVER WELL KNOWN SUN.
SET PROPERTY.
Partially Developed Ledge, With a
Splendid Showing Of ore-Well 10.
Gated for Deep Development
Future Of District.

At a meeting Of the directors of the
Tuscumbia Mining company in this
city Monday evening an important
deal was entered into which involves
practically the transfer of the well
known property A short bond was
given to a strong New York com
pany. The deal was brought about
through Montana connections. There
is every probability that it will go
through, for the ability of the pur-
chasers is beyond question and the
showing on the property amply meas
ures up to the price.
The figure involved is $150,000, the
first payment to be made April /. the
second May | and the third OH June
%. The property is one which amply
justifies short time payments, as it's
present development exposes consid-
cradle available tonnage. milling fa-
cilitics will soon be available and
transportation facilities are within
fairly reasonable reach.
Officers and Directors.
Late development on the Tuscum-
bia has been by the company now
holding it. the officers Of which are
George May of Stevensville, Mont,
president, and G, w. Dougherty of this
city, secretary. The directors are the
two above named, David Whaley Of
Stevensville, A. A. Whaley and Dan
McGrath of this city, J. A. Lazier of
Butte and Morton Webster also of
Wallace and road master of the Nor
thern Pacific.
Surface Showing and Development.
The Tuscumhia is located in the
Sunset district, on the famous Sunset
ledge and two claims from the Sun
set claim owned and now being opor-
ated by Senator w A. Clark of Mon
tana. The two intervening claims are
the Sitting Bull and Silver Tip, both
making splendid showings of ore on
the surface and in their partial devel-
opment
Big Outcrop Of Sunset Ledge.
To speak of the Sunset ledge and
the claims located upon and covering
it is not speculation or guesswork in
this case. So often the assertion is
made that claim has the ledge of a
certain noted property because 1t is
an extension or in possible line. Pos
sibly nothing in the Occur d'Alenes is
better defined or has as bold an out
crop as this ledge, belt or series of
lodges in the Sunset district. Numer-
GUS claims have it. and probably none,
not even the Sunset itself. as prom
inent and for so great a length as the
Tuscumbia And on all of them, so
far as development has gone the sur
face showing holds good. On the Tus-
cumbia the outcrop is strong practic-
ally the full length of the claim. and
there are few surface showings in the
camp that equal It,
The property is opened in its re-
cent development by a tunnel extend
ing through the Idora ground. This
work was done but a few months ago.
A fine body of ore was crosscnt at
depth of about 900 feet. The upper
workings, too, are capable of supply
ing a considerable quantity. Measur-
ed by the amount of work done on the
property and this Is the only proper
guage. the Tuscumbia makes as good
a showing Of ore as the average of
the present producers of the camp at
the same stage of development. 1t Is
so situated as to permit great depth
and big development at reasonable
cost.
Tho Sunset District.
For various reasons. until recently,
the Sunset district has not received
the work and attention 1t justly mer-
tied. Among these principally has
been the old question of transporta-
tion or rather the lack of it. This is
better in recent years than IT was. but
not yet what 1t should be and will be.
The development that is going on now
and the substantial results being OBJ
tanned is creating tonnage that rn''-
roads will seek at close quarters. We
have seen strife of this kind before.
and known tonnage Is a sure way of
getting It. With reasonable time for
development the Tuscumbia promises
to be an important factor in the out
put of the Coeur d'Alenes