The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1916-12-07
CROSSCUT ON BULLION
IS NEARING THE VEIN
EXPECT COMMERCIAL oRE-HAs
CUT TWO OTHER VEINS
EXPLORATION.

The long crosscut which has occu-
pied the attention OF the Bullion
Mining company for the past two
years is now nearing the vein and
should reach 1t, according to the sur
vey estimate, by Christmas. Allowing
for probable variation in its down.
ward course, ii would not be surpris-
ing to cut the vein before that time or
1t may be necessary to run further
than the survey indicates. Prior to
starting the crosscut the Bullion vein
was prospected with a diamond drill
from No. 2 tunnel, two of the holes
being driven downward and one in the
breast of the drift. The result of this
prospecting work was the discovery of
ore bodies running respectively S.5,
3S and 81 per cent in copper, thus
relieving to a great extent the uncer-
tainty of exploration of the vein by
drifting from the crosseut. The Bull
lion company will be enabled to gain
depth Of 1900 feet and in view of
the thorough prospecting of the vein
above, there seems to be an almost
certainty of opening up large body
of commercial ore.
Two Other Veins Cut.
The crosscut is being run for the
benefit OF both the Bullion and Copper
Chief, the first named company doing
the work under agreement which pre-
vents 1t at this time exploring two
other veins which have been inter
sected The first of these was cut at
about 1000 feet and was IL feet wide.
It is largely siderite or .spathic iron,
with low values In copper, and fully
warrants development which will be
undertaken by the Bullion company at
q later date. The second vein was
cut at about 1000 feet 1t is similar in
character to the main vein, but only
about 2 " feet in width. It's course
and dip lead to the belief that it will
eventually join the main Bullion vein.
These two veins add substantial value
to the Bullion holdings.
When the vein is intersected the
Bullion company will proceed to drift
east and the expectation is that 1t
will be in commercial ore, this opin-
Ion being based on the results of dia-
mond drill prospecting and other de-
velopment above mentioned. Consid-
ering the delay in getting the COM
nraceor inetaIIad and fba lose ~ tip,a
due to the shortage of water for pow
er during the cold weather, the driv-
ing of this long crosscut has been ac-
complished in good time.
Upon reaching the vein the Copper
Chief company will drift west into its
ground, which will necessitate driving
about 500 feet through Bullion ground
before reaching its end line.
Letter From the Manager.
James II. Taylor, manager of the
Bullion has just issued a circular let
ter to the stockholders of the com
pany giving report of the conditions
at the property from which the fol-
lowing is quoted;
wan INSaAd w Oul lONtI Ut Nb. D
tunnel, we have reason to believe
that we are now close to our main
ledge. In the course of driving this
tunnel we have cut two promising
veins. The first was cut at about 1000
feet from the portal is about ~ feet
wide and is highly minerallzed The
second vein was cut at 1000 feet, Is
about 21s feet wide, and of the same
formation as the ore in our upper
wor<ingsa chalcopyritic copper.
Both of these veins have a course
strong northeast the course of the
main vein being east and west We
have not developed them as our plan
Is to reach the main ore body before
prospecting any more ground.
Supplies sufficient to carry on the
work until spring are now at the pro-
perty.
Grade was completed the past
summer from the Bullion camp to the
Milwaukee railroad, so that shipping
our product will be much facilitated
by the down Hill haul. A portion of
the expense of this grade was borne
by Shoshone county.
Some of our stockholders may
contemplate reducing their holdings
at the present slightly advanced mar
ket. 1t will be advisable to ascertain
exact conditions before disposing of
your stock. We hope to reach our
vein by the end of this month, but 1t
may be reached at any time