The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1916-05-11
SUCCESS NINE MAKES NEW HIGH RECORD
TONNAGE AND PROFITS MONTH OF APRIL
LARGE BODY OF ORE FOOT LEvEL-sHAFT
EXTENDING 14oo-MucH ORE ON THE 1900 AND
THE SOUTH VEIN


cious claim to devoting its en-
ergies to the discovery and dis
semination of truth regarding mines
the discovery of truth regarding mines
of the northwest made the statement
in substance that ore to the amount ot
$12O 900 would be the limit of pro-
duction of the Success mine, and ad-
vised the holders of Success stock to
get from under before the inevitable
collapse came. How near this expert
Authority on mines and mining came to
the truth is clearly shown without elu-
cidaton by the present condition of
the mine and it's record of production
during the month of April.
Last Saturday the crosscut on the
1900 foot level cut the ore shoot at
point about 80 feet nearer than ex-
pected, which would indicate that the
shoot on this level will be longer than
that on the level above. Prior to
striking the main shoot a six-tnch
stringer of zinc ore was cut running
toward the main body. Such stringers
cut heretofore in the Success under
similar circumstances have at times
proved to be ore shoots of considerable
extent, and what this one will amount
to remains to be seen. Definite re-
ports as to the showing on the 1900
since the strike was made have not
been received, but samples Of the ore
exhibited shows it to be high grade
probably 55 per cent zinc, with ap-
parently more lead than has generally
appeared in the upper levels.
Shaft Nearly to the 400.
The bottom of the shaft is now go
feet below the 1900 and 1t is expected
that the 400 foot level will be in pro-
cess of opening by the first of June.
That the showing just disclosed on the
1900 foot level will be duplicated on
/, the 1400 does not admit of doubt.
Although stopping has been in pro-
> gress on the 1900 level since before
the first of the year, it is authorita
! lively stated that there is more ore in
Y sight on that level than ever be-
' fore.
The South Vein.
v The south vein, parallel to the or
O iginal Success vein, which was dis
o covered last fall and which attracted
q much attention, has now been explored
v by crosscuts on every level down to
i, the 1000 continuous ore shoot has
been proved the entire distance, ac-
cording to reliable information, and 1t
adds an asset of tremendous value
to the known resources of the mine.
At one point on the 100 foot level
this new ore shoot is said to be 10
\ feet wide, all ore of good grade.
I Crosscuts are now being run on the
100 and 1900 to intersect this ore
body.
Altogether the Success mine appears
) to be in better condition than ever
before so far as ore in sight is con-
cerned, the oracle of truth to the con-
trary Notwithstanding, and the strik-
ing of the big shoot on the 1900 leve
is additional assurance that much me.
> will be brought in sight as depth is
gained And right here it should be
II stated that under the system of num-
= bering levels at the Success, the 1900
e foot level is misleading to the unin.
10 formed That level, the lowest one
opened in the mine, is only 900 fee
below the main working tunnel.
April a Record Month.
l. For mine that is only IAN empty
1t she'll" the achievement of the Success
70 mine for the month of April is moth
ing less than remarkable. The ton
~ mage shipped and profits for th
l. month establish new record TO
l. the mine. 1t is currently re
- month reached 100000. While Off
GERS of the company decline to affirm
or deny this report, 1t may be accept
Us ed as not far from correct. Whe
asked LOT lHIorlndtlon OH the SuDJec
n an officer of the company replied
es well, Success could pay a dividen
4 of $4,000 out of the April earning
ne and still have comfortable balanc
" for the month"
b The regular dividend of cents pc
share, or $45,OOO has been declare
for May, payable on the 23d. Th
d. company is now operating under tn
es new ore contract and if there is an
in anxiety as to its effect upon the pro
i'll fits, it is not in evidence. Judge v
i'll w. Woods still has the Pfirman cas-
ot under advisement.
nd - -- = - :
100 drifting Is still In nrnpress both en-