The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1917-01-18
CONSOLIDATION Of TWO PROPERTIES ON
PINE CREEK THIS WEEK IS IMPORTANT
PINE CREEK MILLING COMPANY TAKES OVER HLARlTY
-ExTENsVE PLANS DEVELoPMENT-HlLARlTY
COMPANY HAS INT EREsTINe HISTORY.


ing for several months between the
Pine Creek Mining & Milling company
and the Hilarity Mining company
were brought to a successful conclu-
sion this week by the consolidation Of
the claims held by the two companies,
the combined property to be developed
under the name of the first mentioned
company. The Hilarity group consists
of Z claims situated at the mouth of
Denver gulch, on Pine creek, and the
Pine Creek company's group consists
of the same number and adjoining.
Last summer the Hilarity group was
bonded and considerable force was
employed for several months in de-
yelopment, The parties having the
bond failing to secure the financial
support necessary to carry on the
work. operations were suspended and
claims on account of labor supplies,
etc, were filed against the property,
aggregating several thousand dollars.
1t was at this juncture that the Pine
Creek Mining & Milling company be-
gan negotiating for the Hilarity which
have now been concluded by the con-
solidation of the two. In general
terms the consolidation was effected
on the basis of the Pine Creek COM
pany paying all claims against the
Hilarity and issuing to Hilarity stock
holders number of shares in the Pine
Creek company equal to their holdings
In the old company. The deal is one
of great Importance, and will add an
other active property to the already
long list on Pine creek with favorable
indications that it will develop into
productive mine.
Ore on the Hilarity
Although the Hilarity company has
been in existence for nearly 20 years
little if anything has been done to-
ward development beyond the annual
assessment work. The original own
ers had exposed about two feet of ore
in tunnel started almost in the creek
bed, but 50 low that it was found i'm
practical to extend it on account of
lack of dump room In doing the as
sessment work year after year two
tunnels have been run a short dis
tance above the old one, which has
been covered by the dump. These
tunnels have been run on the vein on
opposite sides of the gulch, and have
resulted in disclosing practically con-
tinuous ore for 300 feet The ore is
lead in combination with much iron.
In places the ore shows for a width
of three feet, and a sample taken last
Of the Hunter mine, representing a
width of three feet, gave an assay re-
turn of II per cent lead. These tun-
nels have gained very little depth, and
the excellent shOwings in both of
them taken in connection with the
ore that was found in the old tunnel,
indicate that little more depth will
! disclose a commercial body Of ore.
Will Sink and Drift.
Plans for the development of the
consolidated property are now being
ARRANGED and will begin as early as
practical in the spring. Drifting viii
be continued in one or both tunnels
and it is also proposed to sink on the
ore. Work will be confined for the
present to the Hilarity ground, as that
offers the most favorable opportunity
for quick results. The vein is about
20 feet wide and heavily mineralized
throughout. The proposed Pine creek
railroad will cross the companys
ground and will be only about 800 feet
from the scene Of development The
property lies west of the Douglas and
is believed to be on the same vein.
Development of the property will be
under the direction of Fred Merriam,
mining engineer, and one of the prin-
cipal stockholders.
Prior to consolidation the stock
holders of the Pine Creek company
were the estate of Thomas Brennan,
20. w. Lewis, Harold Williams, c. F.
o. Merriam, DR.. C. s. Stone, H. w. In
gals and Joseph Ingram.
Hiarity Has a History.
The passing of the Hilarity Mining
company recalls it's origin in the dim
and distant past when this city was
the home of a bunch of jolly good fell
lows whose kindred spirits naturally
drew them together in an organization
significantly and appropriately called
the Hilarity club. This club was or
ganized in 1898 or thereabout, and for
many years thereafter it's members
took their annual vacation by going
into camp for month on one of the
numerous trout streams in this vicin-
ity, and also broke the monotony of
the long winters by holding an elab-
crate banquet in Jeromes popular re-
sort. 1t may be stated in passing that
had the club not disbanded for other
reasons, it would have succumbed to
the dry wave that more recently
swept over the state
Club Goes Into Mining.
In the summer Of 1898 the Hilarlty
club was in camp on Fish creek, Mon
tana, and it was there that Andy Carl
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