The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1916-05-25
MINERAL FARM COMPANY
SOON BEGIN OPERATIONS
WELL KNOWN GROUP NEAR MuL.
Lam HAS BEEN FINANCED
RESULTS OF FORMER WORK

Louis @. Jaquish, of Spokane, presi-
dent of the Mineral Farm Mining COM
pany, the property of which is located
about mile west of Mullan, visited
the property recently, when he an
nounced that arrangements had been
completed for an early resumption of
operations. The company owns eight
patented claims and one unpatented, on
Slaughterhouse gulch, near the North
ern Pacific railroad and the electric
power line of the Washington Water
Power company. They are joined on
the east by the Morning and on the
west by the Alice. The Osburn fault
passes through the ground in a south
easterly direction, on the south side
of which is the Wallace formation and
on the north side the Revett. Develop
ment work under the present manage
ment consists of No. tunnel, in
Slaughterhouse gulch, prosecuting the
mineral zone in Mineral Farm claim.
An upraise has been made to the sur
face 100 feet from the portal, which
with drifts, crosseuts and winze make
an aggregate of 1850 feet representing
an expenditure of $34,316 Under for
mer management development to the
extent of 1900 feet was accomplished
which, including the patenting
cost $17,320. From a recent report on
the property the following condensed
extract is taken:
Vein Disclosed 1000 Feet.
Three veins cut by No. tunnel No.
vein $50 feet north of the fault, dip
ping southwest 80 degrees, carries
stringer of ore, but is not considered
of any particular Importance.
Mineral Farm vein $50 feet north of
the fault, dipping northeast about be-
eral Farm vein followed the top of
an ore shoot about 60 feet, when the
vein was lost in broken ground.
Bunches of high grade galena were
found in this shoot; vein matter car
ried around three per cent lead, and |
10 to 20 OF. silver per ton. The Wine
shows more compact ore, than the
tunnel level
No. 3 vein, 1850 feet north of the
fault; mineralized, but carried no ore
where cut by the tunnel. No drifting
was done on this vein.
Since underground work was dis
continued surface exploration has dis
closed the vein at five points at the
surface. The vein is indicated to be
between Is and 20 feet wide in solid
Revett The vein matter is quartzite
altered by mineral solutions, with sec
quartz; occasional samples
carry low silver values, with trace
of lead Between Morning tunnel No.
where this vein is cut, and the ex-
IRENE westerly open cut showing the
vein is lined up total distance of 1000
feet.
Grouse drift has been started in the
vein from the east fork of Grouse
Creek
The company has five good cabins
and all necessary tools and equip
ment for hand work; also gasoline
engine, blower, air pipe, assay outfit,
etc.
Soon Begin Work.
The capital stock of the company
Is 100000 shares of the par value
Of 81. OF this 6S1,021 shares have
been issued A large block of treas
1ry stock has been sold under con-
tract and the first payment is now
due. Work will be resumed as soon
as this payment is received. The
has reserved considerable
treasury stock.
The officers and directors of the
company are: Louis C. Jaquish, pres
dent; Dr. william Sellars, vice pres
dent; C. D. Miller, secretary treas
lrer; ]. II. Pelletier, assistant secre-
.ary; other directors are John KAN
merer, ]. H. Grenier, and Carl j.
Carlson. C. d. Miller secretary
treasurer, resides in Mullan; all 9TH
er officers and directors reside in
Spokane.
Mr. Jaquish states that detailed
report with map will be furnished up
IN request.