The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-10-07
THE SUCCESS PAYS MONTHLY DIVIDEND
OF s90,0OO-DEVEL0P NEW ORE SHOOT
SIXTEEN INCHES OF 60 FOUND ON THE 1900
PUMP SOON IN POSITION DRIFTING WILL
SOON PROGRESS.

Last Tuesday the Success Mining
company announced its monthly diyi-
dend. payable October 20, of cents
per share, amounting to $4,000. This
will bring the total dividends for the
current year up to $465,000 and the
total credited to the mine $75O,OO0.
According to information received
from the management, considerable
delay has been experienced in pre-
pairing the station on the 1900 level
where the new pump will be located
and which was expected to be in po-
sition and operation several weeks
ago. The delay was caused by an un
usual flow of water which has taxed
to the limit the present pumping ca
pacity. This difficulty in handling the
water will be overcome as soon as
the new pump is installed, which
should be accomplished within the
next ten days or two weeks. This
situation has of necessity prevented
drifting on the 1900.
Fine Ore Showing.
The vein on the 1900 has been cross
cut and the amount and quality of the
ore is practically the same as on the
11O0 There is one change, however,
that is interesting the management
and which may have a marked bear
ing on the deeper development of the
mine. The Success was originally
lead mine and was abandoned when
zinc showed up in the lower workings
as the predominating metal. Years
later when improved processes were
devised for separating lead and zinc
and when there was an improved mar
ket for Zinc the Success Mining COM
pany secured the property and made
good its name by placing it on a pro-
ductive basis with zinc the main pro-
duct, although lead was and Is today
an important factor The ore bodies
of this mine have always been rather
puzzling, the ore being found in the
quartzte and the vein without defined
walls. The change that has appeared
on the 1900 is the appearance of 16 or
IS inches of lead ore on a contact
along the foot wall The vein outside
of this lead is nearly all zinc just
about as it has been above, with more
or less lead all through it. recent
visitor to the Success took samples
from this lead and had them assayed
by Fassett & Co. in Spokane, which
showed the following result: Zinc 1913
per cent, lead 60 per cent, silver 81
ounces. This showing of high grade
ore will be watched with much inter
est as the drift on this level is ex-
tended.
Success Ore Shipments.
Ore shipments from the Success are
running very close 10 the limit of the
zinc contract, which calls for 1000
tons month. Lead shipments av-
erage about six cars per month. The
silver value in Success lead ore is
rather surprising to the uniformed.
1t averages about two o-thirds of an
ounce silver to a unit or per cent of
lead. Shipments represent ore taken
from several levels from the 500 down
to the 100, in most of which there
are said to be good ore reserves. Just
as soon as the pump is in position
drifting on the 1900 will begin and the
shaft will also be extended to the 1400
level, the purpose of the present man
agement being to open levels at in
tervals of 200 feet instead of 100.
Parallel Ore Shoot.
Several weeks ago it was announc-
ed through this paper that in driving
crosscut from the 500 level new
ore shoot had been encountered which
promised to possibly duplicate the
record Of the mine. The same shoot
was encountered in crosscut from
the 500 at distance of about Is feet,
where 1t is 6 feet wide and mostly
zinc A raise has since been made in
this ore from the 800 to the 700 and
VIII be continued to the 500. 1t is the
plan Of the management to drive
crosscuts from the lower levels to cut
this new ore shoot, which will be
thoroughly explored and which will
no doubt prove an important addition
h. IT.