The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1914-02-15
NATIONAL COPPER CO.
GETS NEW ORE BODY
Proves Coeur dAlene Mine
to Have Extensive Ore
Reserves.
LOOKS LIKE BIG MINE
Tamarack and Custer Finan-
cial Statement for the
Year 1918.
Special to The Tribune.

Special to The Tribune.
WALLACE. Ida. Feb 1.-THE Ma
tional Copper Mining company mas en-
countered a new ore body on the 200 leve
in the raise In its property near MuIla n
The ore Is a black copper sulphide 10 ths
Revest formation. similar to the rich ore ore
encountered IN the upper workings OF the
Snowstorm mine. The discovery was
rather unexpected at this time. The
raise having been repaired from the dam
age caused by the flood OF water iron,
the upper workings. the company started
to crosscut for the vein on the 200 level
from the sill floor. The vein was en-
has proven 70 be as wide as thirty feet In
places, and all OF the material Is OF a
richer grade OF copper than that found
on the slll floor level; The ore Is a de,
noor is the sulphide IN Its natural form.
The ore runs in the neighoorhood Of to
5 per cent copper, with good silver values.
No assays have been made. but this esti-
upper workings OF tho Snowstorm-
That the National Is bonanza copper
property is now conceded beyond doubt
The present strike proves the ore re-
serves TO be extensive and Of exception
ally good milling grade. The other COP
per and lead-s!lver showings on the Same
tenrion and development work during the
have good surface showings Immediately
adjoining the National are the Copper
Calumet. Suowshoe and Imperial John
Moecine, formerly manager Of the Snow
storm mine, assumed full charge of the
National last week, succeeding Charles
McKinnis, one of the large owners In the
company, who resigned on account OF
poor health.
The annual meeting Of the Tamarack
& Custer Consolidated Mining company
was held here last week. Stockholders
from various parts OF the country were
in attendance. and practically all issued
stock was represented. The meeting was
the first annual held since the company
began the actual operation Of ore ex-
TRACTION. and the showing made, as. set
forth In the annual report presented TO
the meeting, is considered to reflect the
merit Of the property md Its able man.
agsment The old officers were reelected: !:
Jerome j. Day, president, general man
ager and treasurer; Eugene r. Day, vice
president; Harry L. Day. secretary; Ram
say NJ. Walker, Z. n. Knight, Edward
Boyce T. NJ. Rothrock, directors.
The Tamarack s. Custer Consolidated
Was organized by the Day interests in
1872. Actual shipments OF ore began last
spring and steady output has been
maintained since that time. The property
Is viewed as a second Hercules, and II
is said that the dividend-payI powers
Of the property will be demonstrated as
soon as the Underground workings are
opened UP for large production. The ore
is OF a high grade s!lyer-lead quality.
similar to that found in the Hercules
The company has q contract with the
American Smelling e. Refining company,
and is at present shipping its ore to the
Tacoma smeltcr. The first annual state
ment, as issued TO the stockholders. fol-
lows:
General statement Dec. 81. 1873
. . . . - U.uU