The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-07-04
Will Extend Old
Hidden Treasure
Tunnel
RAISE OREANOLEVEL
Payment Made on Bond and
Time Extended---Com-
pany Strong.
RRANGEMENTS were COM

company was enabled to make
the payment due under the bond
which it holds on the old Union mine
near Burke and also to undertake an
extensive plan of development which
is expected to place this famous old
property in condition for large and
continuous production. The property
is owned mainly 10y the Finch &
Campbell estate and is held under
lease and bond for $15O,OOO The pay
ment due was $4,000 and this was
made last Monday by Harry R. Allen,
secretary of the Sherman Develop
ment company, who went to Spokane
for the purpose. This payment makes
$4,000 which has been paid, leaving
100000, for which Mr.. Allen secured
a satisfactory extension of time. Con-
siderable ore has been developed in
the present working tunnel, No. s.
and it Is possible that the future pay
ments could be met by ore shipments
but as the company is strong one
and abundanty able to develop the
mine, 1t Is understood that work will
be directed along that line rather
than to realize on the ore now avail
able
Plans Of tho Company.
1t will be recalled that when the
bond was taken on the Union some
two years ago, the first work under
taken was to drive a crosscut from
the Oreano into the Union ground
This resulted in cutting nice body
of lead and zinc ore which was prov
ed by drifting 200 or 300 feet This
strike was made at depth Of ap-
proximately 500 feet from the surface
1t was the fine surface showing which
induced the running of the crosscut
and the result was more than satis-
factory. In fact, ore had been found
practically on the surface and in a
shallow shaft which had been sunk
on the vein.
Having proved the ore at that
depth, work was transferred to the
old Union tunnel, known as No. s.
Ore was soon encountered in this
tunnel and was continuous in vary
ing quantities for several hundred
feet, and for probably $50 feet the ore
is of good grade, much Of it shipping.
A raise for distance of about 80 feet
on this shoot is said to show about
IA feet of almost clean ore. 1t is now
proposed to continue this raise
through to the Oreano level, dis
tance of about 500 feet and it is prob
able that other exploratory work will
be done at the same time on this level.
Other Important Work.
Five hundred and fifty feet below
No. s is the old Hidden Treasure tun-
mel. This tunnel starts back Of the
old Tiger mill and extends about $500
feet. 1t was run by the old Tiger
company and considerable ore was
mined beneath it, being the western
end Of the Tiger ore shoot. 1t ex-
plored the Hidden Treasure claim and
Campbell who were the controlling
owners of the Coeur d'Alene Mining
& Concentrating company, which
owned the Union, who acquired
perpetual right to the use of the tun-
mel. No ore was developed In this
tunnel beyong the Tiger ore shoot
but IL IL had been run 800 feet further
It is believed from recent investiga-
ton that different story would have
been told
Now the Sherman Development
company will take UP the work where
Finch & Campbell quit many years
ago. The old tunnel has recently been
examined and is found to be in bet
ter condition than expected. 1t will
be repaired and placed In workable
condition at once and then be extend
ed to cut the Union ore shoot, the
plans contemplating running 900 feet
II necessary Power will be obtained
from the Hercules. All arrangements
have been completed for these inn
portant operations and the prelimin-
ary work is probably now under way
The prediction is confidently made oy
mining men familiar with this prop
erty that the carrying out of these
plans will add new mine to the pro-
ducers Of the district.
Strong Organization.
James F. Callahan. Of Interstate
Callahan fame, is president OF the
Sherman Development company Otn'
er large stockholders are Eugene X