The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1916-06-22
MINING OUTLOOK ON NORTH SIDE MORE
FAVORABLE THAN It HAS BEEN FOR YEARS
PARAGON AND BLACK zNc-eoLoEN CHEST is
MAKING EXPERIMENTAL RUNS OF GOLD oRE-RoAD
TO THOMPSON IN GOOD CONDITION.

North Side Monday on business con-
pany, of which he is again in active
management. Mr.. Stedman gives a
most optimistic report of mining con-
ditions around Murray and unhesi-
ton and outlook for the immediate
future is better than it has ever been
since he became interested in mining
in that section. Not that he would
struck the North Side. On the con-
trary there is no evidence of a boom
as that term is generally understood.
The change is simply in the attitude
of the people toward the mining in
dustry There is more mining going
on than there has been in years and
the results of development have been
so satisfactory that a feeling of con-
fidence has been created that has not
been apparent for good many years.
Paragon and Black Horse.
The Paragon, of which Mr. Sted-
man is manager, is about miles
above Murray. 1t is near the Black
Horse, which is now called the Muir
ray Hill, and the ore from that prop
erty is treated in the Black Horse
mill. The Black Horse owns the mill
and the Paragon owns the water pow
er that runs it, SO the orr from both
properties is treated on divided time
When the Paragon has turned out
carload of concentrates the Murray
Hill company takes the mill and runs
out a carload, and SO on alternately,
about 10 days being required to pro-
duce a carload of shipping product
The concentrates run from about As to
so per cent zinc.
Great Season for Water.
The cold and wet spring is at least
producing one beneficial result in
maintaining the water supply. Mr..
Stedman states that water for power
at the Paragon generally fails early
in July and by this time in June it is
generally getting quite low. This
year, however, it is different. The
Paragon power runs the concentrator,
two large compressors, a pump and an
electric lighting plant, and after do
ing this there is a big waste overflow.
Mr.. Stedman expects to have water
for power all summer. The company
has a 100 horsepower Corliss engine
which is always ready for service and
was put in to supply power during the
summer when the water supply fails,
but it will not be needed this sum-
mer according to present indications.
Paragon Prepares to Sink.
The ore now being mined in the
Paragon is taken from drifts from
showing of excellent ore, mostly zinc,
but with a little lead Also The COM
pany has a very satisfactory contract
with the Grasselli Chemical company
for it's zinc product, and the ground
now opened will provide for ship
ments at the present rate indefinitely
However, Mr.. Stedman is now en-
deavoring to complete arrangements
to sink the shaft at least 200 feet fur
ther for the purpose of exploring the
ground and blocking out sufficient ore
to warrant the construction of mill
for the exclusive use of the Paragon.
Although definite plans for this work
have not been completed, they are
now being considered by the COM
pany.
On Vandetta Guch.
A new company is preparing to be-
gin operations on Vandetta gulch, a
tributary of Granite creek. 1t Is the
Coeur d'Alene Silver Lead Mining &
Development company, articles Of in
corporation of which were filed last
week. L. c. Barnes is manager of the
company, which owns a group Of
claims having a most encouraging
surface showing, but upon which lit
tie has been done in the way of de-
velopment. Lumber has been deliv-
cred at the property and the neces-
sary buildings are now being con-
structed. A compressor has been or
dered and the company has ample
water power to run 1t. The company
is a Washington corporation and most
of the stock is held in Spokane.
The Golden Chest.
Vivian Green, of New York, owner
of the Golden Chest, is giving his per-
sonal attention to the property, AL
though without practical mining eX-
perience when he came into possess
sion of the Golden Chest few months
ago through the death of his father,
he has shown much aptitude in learn
ing the game and at the same time
realizing the necessity of having the
services of men of thorough practi-
cal experience in handling the prop
erty. The Golden Chest has achieved
much prominence lately on account of
the tungsten deposits and quite a
large amount of tungsten ore has been
shipped. However, it now develops
that Mr.. Green regards tungsten as