The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-09-12
Eastern Stockhold-
ers Visit the
Property.
sORE IN LOWER. TUNNEL
New Wagon Road Will Per-
NIT Ore Shipments
During Winter.


pany was held at Saltese las
Tuesday, when officers and di
rectors were elected, after which the
property of the company was inspect
ed by a number of large eastern
stockholders who We're quite enthus
iastic over the progress that had beer
made in the development under the
direction Of Henry M. Lancaster and
the prospect for early and profitable
production. The lower tunnel which
has occupied the attention of the
management for the past year is now
nearing a point under the big orc
shoot that has been extensively ex-
pored in the upper workings and
which has produced large tonnage
of shipping ore. Numerous punches
Of ore, some Of 1t very high grade,
have been encountered in the lower
tunnel, and the vein is described as
very strong, carrying more or less ore
continuously and with every evidence
OF showing a duplication of the big
ore body above.
Permanent improvements.
In addition to the underground
work, much is also being accomplish
ments preparatory to placing the St.
Lawrence on a permanent productive
basis Additions have been made to
the buildings to accommodate the in
creased force that will be required in
the mine, and numerous other i'm
provements are being made to facili-
tate operations and to provide against
interruption Of work during the long
winter when the heavy snowfall along
the Idaho Montana divide Is a serious
obstacle to mining unless preparation
has been made in advance.
The most important outside enter
prise that has been undertaken dur
Ing the past summer is the building
of a new road following the creek
grade. This will eliminate the heavy
grade and the high exposed road
way, upon which the snow drifts and
forms an impossible barrier during
the winter The new road is now
nearing completion, and will be open
to traffic at all seasons. This will
enable the company to make ship
ments during the winter, and when
the lower tunnel Is connected with
the upper, requiring a raise of 200
feet, the property will be in fine shape
for production. The chief value of the
st. Lawrence ore Is copper and 1t al
so carries a uniform value of several
dollars in gold.
Directors and Officers.
A large majority of the stock of the
company was represented at the
meeting Tuesday in Saltese when the
following directors were elected:
Henry M. Lancaster, Of Saltese;
Samuel B. Holbert H. r. Hyndman,
W. P. Snyder. Jr., II. e. McLain and
Edward N. Ohl. all of Pittsburg; and
r. w. Dewart, of Spokane. The di-
rectors organized by the election of
the following officers: Henry M. Lam
caster, president; Samuel B. Holbert,
vice president; F. w Dewart secre-
tary- treasurer.
Following the meeting, accompanied
by Mr.. Lancaster, the st. Lawrence
was visited by F. J. Jacoby, a large
|stockholder of Bloomington, ILL.,, Mr..
'IIyndman, Mr.. Holbert and Mr.. Dew
art. These gentlemen, with the ex-
ceptiOn of Mr.. Lancaster, were at the
samuels hotel Tuesday evening, and
expressed themselves with much sat-
lsfaction regarding the showing at
the st. Lawrence and the promising
outlook for the property. The Pitts
burg people represent very strong H.
nancial interests and to them min
ing investments are not new. Their
advent in the Coeur d'Alene district
Is matter of more than passing i'm
portance. They have been identified
with some of the famous copper mines
OF Arizona, and also in the Cobalt
district of Ontario. Their success In
lhe st. Lawrence will doubtless be
followed with other Investments In
this district.