The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-09-26

been consummated between
the Kennan Mining company, Of which
colonel Chester r. Kennan is the
head, and John A. Perclval, president
of the Consolidated Interstate Gala
han Mining company. The terms of
the deal have not been made public
beyond the fact that Mr.. Percival
agrees to begin development of the
property at once on plans that in
volve the expenditure of 100000 In
pursuance of this plan work started
yesterday Colonel KEENAN, securing
miners chiefly from the Murray dis
trict A. B. Wood, who has been fore
man under Colonel Kennan, will re-
main in the same capacity for Mr.
Percival The disposition of the con-
trolling interest in this property is the
most important mining transaction
that has been accomplished in the
Occur dAlene district in many years.
and the large expenditure that will at
once be made by Mr. Percval and his
associates is conclusive evidence that
it will be developed on a scale in
keeping with the magnitude of the
holdings.
Large Acreage
The Kennan property with one and
possibly two exceptions is the largest
acreage held by any mining company
in the Coeur d'Alene district In gen.
eral terms it is two and half miles
long and will average about one mile
wide. 1t is situated on Pony gulch,
following along the ridge north of
Beaver creek, in places extending
down the slope toward Beaver. In
securing this large tract Colonel Ken
nan must be credited with accurate
knowledge of the trend of many of
the famous lead silver zinc veins of
the district and with exercising what
may be termed strategy in making his
locations. No less than seven Of
these veins are known to cross Bea-
YER creek and the massive outcrop Of
most of them have been discovered on
the Kennan ground. But these great
veins, the prospective value of which
is beyond calculation, form only one
feature of this great mineral area
which is now to be developed.
Gold and Tungsten. Z.
For more than three years Colonel
Kennan has been making a close
study of the North Side in quest of
gold and tungsten, and in both these
branches of mining he is regarded as
an authority. Under his direction
much work has been done on Pony
gulch, section which was rich in
placer gold and in the working of
which the early placer miners en-
countered much of a heavy yellowish
substance which they could not iden-
tty, but which is now known to be
scheelite. Well authenticated stories
OF great ledge of this substance
crossing the creek and uncovered by
the placer miners, and which was
again covered by deep dump of
tailings, came to Colonel Kennan. The
gold ledges also attracted his atten-
ton, and for a year and half or two
years he has had men engaged in ex-
ploring them and in searching for the
scheelite or tungsten vein. In both
OF these efforts he has been success
tul. He has demonstrated that the
ground is underlaid by six of the
North Side typically flat gold veins
which will yield a good profit when
conditions for mining gold are more
favorable.
Rich Tungsten Vein.
Colonel Kennan has also proved
mat the tungsten vein of early days
was no myth, for he has actually dis
covered 1t and it promises to be upon
development the longest and richest
tungsten vein that has ever been
found in the United States. 1t is sit
uated near the center Of the property.
IL has been stripped for a distance of
aDout 100 feet and shows scheelite
ore almost II feet in width that aver
ages better than per cent tungsten.
10 fully appreciate what this means,
1t may be stated that ore so located
running three -fourths of 1 per cent
would pay handsomely.
Enterprise of Great Importance.
summed up. the property Of the
hennan Mining company is favorably
situated in perhaps the most intensely
miheralized section of the Occur
uAiene> district. Here the silver,
read and zinc of the South Side meet