The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1917-02-01
TREADWELL GOLD MINES
OPERATING TROUBLES
1RADLEYs REPORT TELLS OF
SERIOUS DIFFICULTIES
ENCOUNTERED.

| The Tfeadwell group of mines for
many years large and regular dividend
payers, fell not long ago into evil days,
as is we'll known. Last summer a
commission of engineers, comprising
f. w. Bradley president of the COM
ipany), Hennen Jennings, and Fl. C.
Perkins, examined the properties with
| a view toward amalgamation of the
companies They advised such an
lamalgamation, but incidentally their
statements respecting the mines were
a rather startling revelation to the
public. Since then some alarming re-
ports have been in circulation, princi-
pally the result of erroneous. deduc-
TONS as so often is the case. 1t is
'ortunate, therefore that there has
Just come to hand a very minute and
comprehensive report of the president
to his board of directors under date of
october 20, 1916, says the Engineering
and Mining journal.
5radleys Frank Report.
+. w. Bradley is one of the original
opponents of the policy of frankness
and publicity in the affairs of mining
ompanies, and for many years the
reports of his companies-the Alaska
group and Bunker Hill & Sullivan
lad been all that such reports should
ee, Their stockholders have had full
md exact Information respecting all
their affairs. This same frankness
has Just been exhibited again, although
1t was disagreeable statement that
had to be made.
The mines of Treadwell island are
situated right alongside of the Gas
tineau channel, their workings are
mostly below the sea level and some
of them are under the channel. Dur
ing the last year or two there have
been some threatening collapses of
ground and even some infiltrations of
sea water, The rumor has been cir
culated that this might spell loss of
the mines. In fact, nothing like that
has ever been considered to be prob
able The situation has been studied
very carefully and is pronounced to
be not dangerous, but ii is recognized
That there must be careful mining lest
II become so. In this, as in many
cases, forewarned Is to be forearmed. I
Strike Lean Ore.
The other serious thing in the sit
iation of the Treadwell mines is the
of the lower workings into n /
can zone. The ore OF these mines has h
'iways been rather uniform, and 60
ng by the experience of years, re-
erVes have been calculated from large |
locks of ground that have not been s
loosely crosscut. In raising from the S
'wer levels to mine such large block Z
ne grade was found to fall off RAPIDLY /
nd there was similar experience in c
mixing from above Finally the man +
cement was forced to the conclusion b
nat there is large zone in the lower A
lrt OF the mine in which the ore is e
IT of payable grade. Below this. o.
'N'Na' ~ Ae'S VSCh pIONeu tildt there Il
payable ore, wherefore 1t is not h
sc OF the mines petering out, but -
ther of disappointment and DELAY.
'reful plans have been made that
expected to put these companiess II
10 good position again in a minimum
time. These plans are explained r.
lily in Mr.. Bradley's report.
We doubt not that It ma.Ssasagree IT
lie to him to have to make this re-
ri, but how much better it was to
all the facts without mincing mat pl
s than to tell only half truths and tn
to avoid the admission of mistakes e.
obscure and confusing explana- alb
MS. The Treadwell mines have tiff
N great producers and good divi- ae
Id payers under Mr.. Bradley. May tb'
ir eclipse be of short duration, and pls
they soon shine again with their at
mer brilliancy. an
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